BAXTER INTERNATIONAL INC. (BAX) FY2026 Q2 P&L / Income Statement

BAXTER INTERNATIONAL INC. (BAX) FY2026 Q2 P&L / Income Statement

Income statement for 2026-04-01 through 2026-06-30. View: Geography. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

Net sales

2,960,000,000 US dollars

Cost of sales

1,928,000,000 US dollars

Gross margin

1,032,000,000 US dollars

Operating costs, net of other operating income (calculated)

815,000,000 US dollars

Operating income

217,000,000 US dollars

Other income (expense), net (calculated)

negative 59,000,000 US dollars

Income (loss) from continuing operations before income taxes

158,000,000 US dollars

Income tax expense (benefit)

23,000,000 US dollars

Net income (loss)

126,000,000 US dollars

UNITED STATES

1,595,000,000 US dollars

International

1,365,000,000 US dollars

Selling, general and administrative expenses

735,000,000 US dollars

Research and development expenses

129,000,000 US dollars

Other operating income, net

negative 49,000,000 US dollars

Income (loss) from discontinued operations, net of tax

negative 9,000,000 US dollars. Reported below-tax contribution to net income.

Chart connections

• Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
• Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit, plus the explicitly reported below-tax contributions, equals net income.