BAXTER INTERNATIONAL INC
Financial highlights
| Metric | FY December 31, 2025 | FY December 31, 2024 | FY December 31, 2023 | FY December 31, 2022 | FY December 31, 2021 |
|---|---|---|---|---|---|
| Revenue | $11.2B | $10.6B | $10.4B | $10.1B | $12.1B |
| Gross profit | $3.4B | $4.0B | $4.2B | $3.5B | $4.7B |
| Operating income | -$308.0M | $14.0M | $707.0M | -$2.8B | $1.4B |
| Cost of revenue | $7.9B | $6.7B | $6.2B | $6.5B | $7.4B |
| Cash from operations | $845.0M | $1.0B | $1.7B | $1.2B | $2.2B |
| Capital expenditure | $513.0M | $446.0M | $432.0M | $377.0M | $691.0M |
| Free cash flow | $332.0M | $573.0M | $1.3B | $834.0M | $1.5B |
| Share repurchases | — | $0 | $0 | $32.0M | $600.0M |
| Impairments | $485.0M | $425.0M | $0 | $2.8B | $0 |
| Total assets | $20.1B | $25.8B | $28.3B | $28.3B | $33.5B |
| Total liabilities | $14.0B | $18.8B | $19.8B | $22.4B | $24.4B |
| Total debt | $9.5B | — | — | — | — |
Shares outstanding 516.5M · Free float 94.9%
Annual filing data through FY ended December 31, 2025; float as of July 8, 2026.