FINHUB Insights

BAX · Q2 FY25 · Apr 1 – Jun 30, 2025

Baxter International Q2 FY25: where the revenue came from and where it went

Baxter International Q2 FY25: revenue $2.8B (+4% year over year). Net profit $0.1B. Largest cohort US $1.5B. The whole income statement as a sankey diagram from the SEC filing.

Period
Apr 1 – Jun 30, 2025
Reported
Aug 5, 2025 10-Q
Sankey diagram of Baxter International's income statement for Q2 FY25: revenue of $2.8 billion splits into segments and flows out into costs, taxes and net profit.

Tap the diagram to enlarge · figures in billions of dollars

Revenue$2.8B +4% year over year
Gross profit$1B 35% margin
Operating profit$0.2B 7% margin
Net profit$0.1B 3% margin

The numbers

All figures in billions of U.S. dollars, for Q2 FY25 (period ends Jun 30, 2025).
ItemValueShare of revenueYear over year
Revenue 2.8 100% +4%
US 1.5 54% +3%
Western Europe Canada Japan… 0.9 32% +9%
Eastern Europe Middle East Africa… 0.3 11% −1%
Cost of revenue−1.864%
Gross profit135% margin−3pp
Research & development−0.15%+0pp
SG&A−0.726%−1pp
Operating profit0.27% margin+0pp
Interest & other costs−0.1
Net profit0.13%+15pp
Filing on EDGAR More quarters of BAX

Source of the numbers: structured XBRL data from the filing (10-Q). The diagram is generated automatically and checked against EDGAR before release. How we calculate it → About and methodology.

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