10-Q quarterly report · filed Jul 30, 2026

Baxter International (BAX) Q2 2026 10-Q Quarterly Report

Short answer

Baxter International (BAX) filed its Q2 2026 10-Q quarterly report on Jul 30, 2026 for the quarter ended Jun 30, 2026. Quarterly revenue was $3.0B (up 5.3% year over year) with net income of $126M.

Q2 2026 key financials · XBRL

Revenue
$3.0B
+5.3% YoY · +9.6% QoQ
Net income
$126M
+38.5% YoY · +940.0% QoQ
Operating margin
7.3%
Gross margin
34.9%
EPS (diluted)
$0.24
+41.2% YoY · +900.0% QoQ

Source: XBRL data from the Baxter International (BAX) Q2 2026 10-Q on SEC EDGAR. USD.

Baxter International Q2 2026 10-Q analysis

AI summary of MD&A and risk factor updates

Management Discussion & Analysis

  • Quarterly revenue $2.960B, up 5% YoY from $2.810B
  • Advanced Surgery best performer, sales $331M, up 12% YoY
  • Front Line Care weakest, sales $299M, up 2% YoY
  • Tariff refunds of approximately $75M recorded against cost of goods sold
  • Headwinds: Novum LVP hold, supply constraints, tariffs, inflation, geopolitical uncertainty, and potentially lower hospital capital spending

Risk Factors

  • No material changes to risk factors disclosed in the 2025 Annual Report
  • Regulatory compliance risk: officer trading arrangements subject to Rule 10b5-1 requirements
  • Governance risk: amended certificate, bylaws, and executive severance plan effective May 8, 2026
  • Financial flexibility: $1.30 billion remaining under the share repurchase authorization as of June 30, 2026

Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K

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