Baxter International (BAX) Revenue — Quarter Ended Dec 31, 2025
Revenue increased for the quarter, continuing the positive trend observed throughout the fiscal year. The reported figure was higher than both the previous quarter and the same quarter a year earlier.
Key takeaway
Quarter ended Dec 31, 2025 · FY2025 Q4
Revenue increased for the quarter, continuing the positive trend observed throughout the fiscal year. The reported figure was higher than both the previous quarter and the same quarter a year earlier.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$3B
Revenue reported for this quarter.
Quarter-over-quarter
+4.9%
Change from the immediately preceding quarter.
Year-over-year
+8.0%
Change from the comparable year-ago quarter.
Trailing four quarters
$11.2B
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 |
|---|---|---|
| Mar 31, 2025 | $2.6B | +5.4% |
| Jun 30, 2025 | $2.8B | +4.3% |
| Sep 30, 2025 | $2.8B | +5.0% |
| Dec 31, 2025 | $3B | +8.0% |
Revenue performance
Revenue moved upward sequentially, with the reported level exceeding the prior quarter. The year-over-year comparison also showed a notable improvement.
Quarterly comparison
Compared with the immediately preceding quarter, revenue advanced. When measured against the same quarter one year ago, the increase was even more pronounced.
What to watch
All quarterly comparisons in the trend data were positive, with the final quarter showing the largest gain on a year-over-year basis.