Baxter International Q2 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
- Apr 1 – Jun 30, 2026
- Reported
- Jul 30, 2026
Revenue$2.96B
+5% year over year
Gross profit$1.03B
35% margin
Operating profit$0.22B
7% margin
Net profit$0.13B
4% margin
The numbers
| Item | Value | Share of revenue | Year over year |
|---|---|---|---|
| Revenue | 2.96 | 100% | +5% |
| US | 1.60 | 54% | +4% |
| Non US | 1.37 | 46% | |
| Cost of revenue | −1.93 | 65% | |
| Gross profit | 1.03 | 35% margin | +0pp |
| R&D | −0.13 | 5% | +0pp |
| SG&A | −0.69 | 23% | −1pp |
| Operating profit | 0.22 | 7% margin | +1pp |
| Interest & other costs | −0.07 | ||
| Tax | −0.02 | ||
| Net profit | 0.13 | 4% margin | +1pp |
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