Baxter International (BAX) 10-K Summaries & Annual Filing History
Review Baxter International Inc. (BAX) 10-K filings from 2023 through the latest annual report, including business, financial performance, risks, and liquidity.
Key takeaway
Year ended Dec 31, 2025 · FY2025 10-K
Baxter International Inc. filed its annual report. The filing shows revenue growth but a net loss.
Financial snapshot
Selected annual figures reported with the filing, shown separately from the narrative summary.
Annual revenue
$11.2B
Revenue reported for the fiscal year.
Operating income
-$308M
Income from operations reported for the year.
Net income
-$957M
Net income reported for the year.
Operating cash flow
$845M
Cash generated by operating activities.
Annual revenue trend
Reported annual revenue and its change from the preceding fiscal year.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Jun 30, 2024 | $2.7B | +8.2% |
| Sep 30, 2024 | $2.7B | +0.2% |
| Dec 31, 2024 | $10.6B | +294.1% |
| Dec 31, 2025 | $11.2B | +5.7% |
Business overview
The supplied filing context references a Business overview section but does not include its content. No business description can be extracted from the provided data.
Financial performance
Revenue increased compared to the prior period. The company reported an operating loss and a net loss, while operating cash flow was positive.
Material risks
The filing includes a Risk Factors section, but the specific risks are not provided in the supplied context. Therefore, no material risks can be identified.
Liquidity and capital
The filing references a Liquidity and Capital Resources section, but the content is not included in the supplied data. No liquidity or capital allocation themes are available.
What to watch
Monitor whether the company's operating and net income improve in the next filing.