Income Statement (TTM)
Baxter International Inc. Income Statement shows changes in income and expenses over a period of time. Income Statement data includes Sales and Revenue, Gross Profit, Research and Development (R&D), Selling, General and Administrative Expense (SG&A), Operating Income, Income Tax Expense, Interest Expense, Non-Operating Income, Earnings per Share (EPS), and Shares Outstanding.
All numbers are times 1,000,000 except per share units.
|
2020 09-30 |
2020 12-31 |
2021 03-31 |
2021 06-30 |
2021 09-30 |
2021 12-31 |
2022 03-31 |
2022 06-30 |
2022 09-30 |
2022 12-31 |
2023 03-31 |
2023 06-30 |
2023 09-30 |
2023 12-31 |
2024 03-31 |
2024 06-30 |
2024 09-30 |
2024 12-31 |
2025 03-31 |
2025 06-30 |
|
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 11,531 | 11,673 | 11,817 | 12,197 | 12,451 | 12,146 | 13,396 | 13,892 | 14,275 | 10,057 | 14,461 | 12,389 | 11,379 | 10,360 | 9,337 | 10,509 | 10,609 | 10,636 | 10,771 | 10,887 |
| Change (%) | 1.23 | 1.23 | 3.22 | 2.08 | -2.45 | 10.29 | 3.70 | 2.76 | -29.55 | 43.79 | -14.33 | -8.15 | -8.96 | -9.87 | 12.55 | 0.95 | 0.25 | 1.27 | 1.08 | |
| % of Revenue | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 |
| Cost Of Sales | 6,717 | 7,038 | 7,096 | 7,300 | 7,410 | 7,281 | 7,858 | 8,210 | 8,526 | 5,892 | 8,900 | 7,512 | 6,853 | 6,141 | 5,467 | 6,104 | 6,201 | 6,426 | 6,547 | 6,658 |
| Change (%) | 4.78 | 0.82 | 2.87 | 1.51 | -1.74 | 7.92 | 4.48 | 3.85 | -30.89 | 51.05 | -15.60 | -8.77 | -10.39 | -10.98 | 11.65 | 1.59 | 3.63 | 1.88 | 1.70 | |
| % of Revenue | 58.25 | 60.29 | 60.05 | 59.85 | 59.51 | 59.95 | 58.66 | 59.10 | 59.73 | 58.59 | 61.54 | 60.63 | 60.22 | 59.28 | 58.55 | 58.08 | 58.45 | 60.42 | 60.78 | 61.16 |
| Gross Operating Profit | 4,814 | 4,635 | 4,721 | 4,897 | 5,041 | 4,865 | 5,538 | 5,682 | 5,749 | 4,165 | 5,561 | 4,877 | 4,526 | 4,219 | 3,870 | 4,405 | 4,408 | 4,210 | 4,224 | 4,229 |
| Change (%) | -3.72 | 1.86 | 3.73 | 2.94 | -3.49 | 13.83 | 2.60 | 1.18 | -27.55 | 33.52 | -12.30 | -7.20 | -6.78 | -8.27 | 13.82 | 0.07 | -4.49 | 0.33 | 0.12 | |
| % of Revenue | 41.75 | 39.71 | 39.95 | 40.15 | 40.49 | 40.05 | 41.34 | 40.90 | 40.27 | 41.41 | 38.46 | 39.37 | 39.78 | 40.72 | 41.45 | 41.92 | 41.55 | 39.58 | 39.22 | 38.84 |
| SG&A | 2,360 | 2,405 | 2,370 | 2,460 | 2,530 | 2,605 | 2,957 | 3,212 | 3,435 | 2,811 | 3,489 | 3,103 | 2,907 | 2,735 | 2,551 | 2,623 | 2,659 | 2,824 | 2,777 | 2,761 |
| Change (%) | 1.91 | -1.46 | 3.80 | 2.85 | 2.96 | 13.51 | 8.62 | 6.94 | -18.17 | 24.12 | -11.06 | -6.32 | -5.92 | -6.73 | 2.82 | 1.37 | 6.21 | -1.66 | -0.58 | |
| % of Revenue | 20.47 | 20.60 | 20.06 | 20.17 | 20.32 | 21.45 | 22.07 | 23.12 | 24.06 | 27.95 | 24.13 | 25.05 | 25.55 | 26.40 | 27.32 | 24.96 | 25.06 | 26.55 | 25.78 | 25.36 |
| R&D | 516 | 519 | 499 | 521 | 528 | 530 | 553 | 562 | 580 | 447 | 608 | 555 | 537 | 508 | 471 | 506 | 506 | 510 | 528 | 532 |
| Change (%) | 0.58 | -3.85 | 4.41 | 1.34 | 0.38 | 4.34 | 1.63 | 3.20 | -22.93 | 36.02 | -8.72 | -3.24 | -5.40 | -7.28 | 7.43 | 0.00 | 0.79 | 3.53 | 0.76 | |
| % of Revenue | 4.47 | 4.45 | 4.22 | 4.27 | 4.24 | 4.36 | 4.13 | 4.05 | 4.06 | 4.44 | 4.20 | 4.48 | 4.72 | 4.90 | 5.04 | 4.81 | 4.77 | 4.80 | 4.90 | 4.89 |
| OpEx | 9,593 | 9,960 | 9,965 | 10,281 | 10,468 | 10,416 | 11,368 | 11,984 | 12,541 | 9,149 | 12,997 | 11,170 | 10,297 | 9,383 | 8,485 | 9,228 | 9,361 | 9,748 | 9,789 | 9,851 |
| Change (%) | 3.83 | 0.05 | 3.17 | 1.82 | -0.50 | 9.14 | 5.42 | 4.65 | -27.05 | 42.06 | -14.06 | -7.82 | -8.88 | -9.57 | 8.76 | 1.44 | 4.13 | 0.42 | 0.63 | |
| % of Revenue | 83.19 | 85.33 | 84.33 | 84.29 | 84.07 | 85.76 | 84.86 | 86.27 | 87.85 | 90.97 | 89.88 | 90.16 | 90.49 | 90.57 | 90.88 | 87.81 | 88.24 | 91.65 | 90.88 | 90.48 |
| Operating Income | 1,938 | 1,713 | 1,852 | 1,916 | 1,983 | 1,730 | 2,028 | 1,908 | 1,734 | 908 | 1,464 | 1,219 | 1,082 | 977 | 852 | 1,281 | 1,248 | 888 | 982 | 1,036 |
| Change (%) | -11.61 | 8.11 | 3.46 | 3.50 | -12.76 | 17.23 | -5.92 | -9.12 | -47.64 | 61.23 | -16.73 | -11.24 | -9.70 | -12.79 | 50.35 | -2.58 | -28.85 | 10.59 | 5.50 | |
| % of Revenue | 16.81 | 14.67 | 15.67 | 15.71 | 15.93 | 14.24 | 15.14 | 13.73 | 12.15 | 9.03 | 10.12 | 9.84 | 9.51 | 9.43 | 9.12 | 12.19 | 11.76 | 8.35 | 9.12 | 9.52 |
| Interest Expense | -142 | -153 | -160 | -157 | -169 | -159 | -209 | -265 | -320 | -413 | -454 | -492 | -519 | -508 | -484 | -457 | -422 | -408 | -386 | -354 |
| Change (%) | 7.75 | 4.58 | -1.88 | 7.64 | -5.92 | 31.45 | 26.79 | 20.75 | 29.06 | 9.93 | 8.37 | 5.49 | -2.12 | -4.72 | -5.58 | -7.66 | -3.32 | -5.39 | -8.29 | |
| % of Revenue | -1.23 | -1.31 | -1.35 | -1.29 | -1.36 | -1.31 | -1.56 | -1.91 | -2.24 | -4.11 | -3.14 | -3.97 | -4.56 | -4.90 | -5.18 | -4.35 | -3.98 | -3.84 | -3.58 | -3.25 |
| Net Income | 911 | 1,102 | 1,068 | 1,120 | 1,214 | 1,284 | 1,057 | 1,011 | -2,376 | -2,433 | -2,460 | -2,853 | 2,592 | 2,656 | 2,649 | 2,476 | 108 | -649 | -560 | -155 |
| Change (%) | 20.97 | -3.09 | 4.87 | 8.39 | 5.77 | -17.68 | -4.35 | -335.01 | 2.40 | 1.11 | 15.98 | -190.85 | 2.47 | -0.26 | -6.53 | -95.64 | -700.93 | -13.71 | -72.32 | |
| % of Revenue | 7.90 | 9.44 | 9.04 | 9.18 | 9.75 | 10.57 | 7.89 | 7.28 | -16.64 | -24.19 | -17.01 | -23.03 | 22.78 | 25.64 | 28.37 | 23.56 | 1.02 | -6.10 | -5.20 | -1.42 |
Source: Capital IQ
