Baxter International (BAX) Revenue — Quarter Ended Sep 30, 2024
Revenue was essentially flat compared to the prior quarter, but surged dramatically from the same quarter last year. The year-over-year jump reflects a significant shift in revenue levels.
Key takeaway
Quarter ended Sep 30, 2024 · FY2024 Q3
Revenue was essentially flat compared to the prior quarter, but surged dramatically from the same quarter last year. The year-over-year jump reflects a significant shift in revenue levels.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$2.7B
Revenue reported for this quarter.
Quarter-over-quarter
+0.2%
Change from the immediately preceding quarter.
Year-over-year
+551.9%
Change from the comparable year-ago quarter.
Trailing four quarters
$10.6B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Dec 31, 2023 | $2.7B | -27.1% |
| Mar 31, 2024 | $2.5B | +2.0% |
| Jun 30, 2024 | $2.7B | -43.6% |
| Sep 30, 2024 | $2.7B | +551.9% |
Revenue performance
Revenue in the current quarter was nearly unchanged from the previous quarter, indicating stability, but was substantially higher than the same quarter a year ago.
Quarterly comparison
Compared to the immediately preceding quarter, revenue increased marginally. Compared to the same quarter one year earlier, revenue increased substantially.
What to watch
Monitor whether the large year-over-year revenue increase is sustainable in upcoming quarters.