Baxter International Q1 FY26: where the revenue came from and where it went
The whole income statement of Baxter International for this quarter, as one diagram: what earned the revenue, and what it went on.
- Period
- Jan 1 – Mar 31, 2026
- Reported
- Apr 30, 2026
Revenue$2.70B
+3% year over year
Gross profit$0.89B
33% margin
Operating profit$0.07B
2% margin
Net profit−$0.02B
−1% margin
The numbers
| Item | Value | Share of revenue | Year over year |
|---|---|---|---|
| Revenue | 2.70 | 100% | +3% |
| US | 1.44 | 53% | −4% |
| Non US | 1.27 | 47% | +12% |
| Cost of revenue | −1.81 | 67% | |
| Gross profit | 0.89 | 33% margin | +0pp |
| R&D | −0.14 | 5% | +0pp |
| SG&A | −0.69 | 26% | +0pp |
| Operating profit | 0.07 | 2% margin | +0pp |
| Interest & other costs | −0.08 | ||
| Net profit | −0.02 | −1% margin | −5pp |
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