Baxter International (BAX) earnings history
Most recent quarter
- Fiscal period
- Q2 2026
- Period end
- Jun 30, 2026
- EPS actual
- $0.56
- EPS estimate
- $0.37
- EPS surprise
- +52.80%
- Revenue surprise
- +5.88%
- Revenue
- $3.0B
- Revenue estimate
- $2.8B
- Reported
- Jul 30, 2026
Baxter reported Q2 2026 results on July 30, 2026. Earnings per share came in at $0.56, ahead of the $0.37 estimate by 52.80%. Revenue was $3.0 billion, above the $2.8 billion consensus. Compared with Q2 2025, EPS fell about 5% from $0.59, while revenue rose from $2.8 billion.
Annual EPS fell every year, from $3.50 in 2022 to $2.95 in 2023, $2.40 in 2024 and $2.19 in 2025, a drop of about 37%. The first half of 2026 adds up to $0.93, about 18% less than the same period a year earlier. Revenue ran between $3.6 billion and $3.9 billion a quarter from Q1 2022 through Q2 2024, then between $2.6 billion and $3.0 billion from Q3 2024 on. The EPS high here was $1.04 in Q4 2021, and the low was $0.36 in Q4 2025. Over the last 20 quarters, Baxter beat the EPS estimate 15 times. The largest miss was Q3 2024, at 36.90% below.
Baxter reported Q3 between October 27 and November 8 in each of the past five years. That points to late October or early November 2026 for the next report. It will show whether the year-over-year comparison for EPS turns positive.
Earnings history
| Period | Reported | EPS estimate | EPS actual | Surprise | Revenue | Filing |
|---|---|---|---|---|---|---|
| Q2 2026 | Jul 30, 2026 | $0.37 | $0.56 | +52.80% | $3.0B | SEC |
| Q1 2026 | Apr 30, 2026 | $0.31 | $0.37 | +18.97% | $2.7B | SEC |
| Q4 2025 | Feb 12, 2026 | $0.54 | $0.36 | −33.36% | $3.0B | SEC |
| Q3 2025 | Oct 30, 2025 | $0.60 | $0.69 | +15.42% | $2.8B | SEC |
| Q2 2025 | Jul 31, 2025 | $0.61 | $0.59 | −3.34% | $2.8B | SEC |
| Q1 2025 | May 1, 2025 | $0.48 | $0.55 | +13.75% | $2.6B | SEC |
| Q4 2024 | Feb 20, 2025 | $0.53 | $0.58 | +9.79% | $2.8B | SEC |
| Q3 2024 | Nov 8, 2024 | $0.78 | $0.49 | −36.90% | $2.7B | SEC |
| Q2 2024 | Aug 6, 2024 | $0.66 | $0.68 | +2.66% | $3.8B | SEC |
| Q1 2024 | May 2, 2024 | $0.61 | $0.65 | +7.01% | $3.6B | SEC |
| Q4 2023 | Feb 8, 2024 | $0.86 | $0.88 | +1.80% | $3.9B | SEC |
| Q3 2023 | Nov 2, 2023 | $0.67 | $0.82 | +22.92% | $3.7B | SEC |
| Q2 2023 | Jul 27, 2023 | $0.60 | $0.66 | +10.07% | $3.7B | SEC |
| Q1 2023 | Apr 27, 2023 | $0.49 | $0.59 | +19.48% | $3.6B | SEC |
| Q4 2022 | Feb 9, 2023 | $0.94 | $0.88 | −6.33% | $3.9B | SEC |
| Q3 2022 | Oct 27, 2022 | $0.82 | $0.82 | +0.59% | $3.8B | SEC |
| Q2 2022 | Jul 28, 2022 | $0.87 | $0.87 | −0.40% | $3.7B | SEC |
| Q1 2022 | Apr 28, 2022 | $0.80 | $0.93 | +16.08% | $3.7B | SEC |
| Q4 2021 | Feb 17, 2022 | $1.03 | $1.04 | +1.41% | $3.5B | SEC |
| Q3 2021 | Oct 28, 2021 | $0.94 | $1.02 | +8.77% | $3.2B | SEC |
Quarterly revenue
Frequently asked questions
When did Baxter International (BAX) last report earnings?
Baxter International last reported on Jul 30, 2026, covering fiscal Q2 2026.
Did BAX beat earnings estimates?
Yes. Baxter International reported EPS of $0.56 for Q2 2026 against a $0.37 estimate — a 52.80% beat.
How much revenue did BAX report last quarter?
Baxter International reported $3.0B in revenue for Q2 2026, against a consensus estimate of $2.8B.
Earnings figures may be restated, revised or corrected by the issuer. Past results do not indicate future performance.
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