For the year ending 2025-12-31, BAX made $11,244M in revenue. -$957M in net income. Net profit margin of -8.51%.
| Income Statement | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Net sales | 11,244 | 10,636 | 14,813 | 15,113 |
| Cost of sales | 7,865 | 6,652 | 9,838 | 9,716 |
| Gross margin | 3,379 | 3,984 | 4,975 | 5,397 |
| Selling, general and administrative expenses | 2,890 | 2,967 | 3,946 | 3,887 |
| Research and development expenses | 518 | 590 | 667 | 605 |
| Goodwill impairments | 485 | 425 | 0 | 2,812 |
| Other operating expense (income), net | 206 | 12 | 28 | -36 |
| Operating income (loss) | -308 | 14 | 390 | -1,943 |
| Interest expense, net | -238 | -341 | -442 | -395 |
| Other (income) expense, net | 41 | 38 | -51 | -15 |
| Income (loss) from continuing operations before income taxes | -505 | -289 | -103 | -2,353 |
| Income tax (benefit) expense | 395 | 37 | -34 | 68 |
| Income (loss) from continuing operations | -900 | -326 | -69 | - |
| Net sales | - | - | 469 | - |
| Cost of sales | - | - | 216 | - |
| Gross margin | - | - | 253 | - |
| Selling, general and administrative expenses | - | - | 45 | - |
| Research and development expenses | - | - | 1 | - |
| Interest expense, net | - | - | 1 | - |
| Other (income) expense, net | - | - | -1 | - |
| Income from discontinued operations before gain on disposition and income taxes | - | - | 207 | - |
| Gain on disposition | - | - | 2,882 | - |
| Income tax expense | - | - | 357 | - |
| Income (loss) from discontinued operations, net of tax | -57 | -312 | 2,732 | - |
| Net income (loss) | -957 | -638 | 2,663 | -2,421 |
| Less net income attributable to noncontrolling interests included in continuing operations | 0 | - | - | - |
| Net income attributable to noncontrolling interests | - | - | 7 | 12 |
| Less net income attributable to noncontrolling interest included in discontinued operations | 0 | - | - | - |
| Net income (loss) attributable to baxter stockholders | -957 | -649 | 2,656 | -2,433 |
| Basic EPS | -1.87 | -1.27 | 5.25 | -4.83 |
| Diluted EPS | -1.87 | -1.27 | 5.25 | -4.83 |
| Basic Average Shares | 513,000,000 | 510,000,000 | 506,000,000 | 504,000,000 |
| Diluted Average Shares | 513,000,000 | 510,000,000 | 506,000,000 | 504,000,000 |
BAXTER INTERNATIONAL INC (BAX)
BAXTER INTERNATIONAL INC (BAX)