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

- Company: BAXTER INTERNATIONAL INC. (BAX)
- Period: 2026-01-01 to 2026-06-30
- Filing: Q2 FY2026 10-Q, filed 2026-07-30, accession number 0001628280-26-051118
- Page: https://plicit.ai/financials/bax/fy2026-ytd-q2-income-statement
- Chart image: https://plicit.ai/charts/bax-fy2026-ytd-q2-income-statement-sankey.png

## Chart details: Revenue by Business Segment

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

- **Net sales**: 5,661,000,000 US dollars
- **Cost of sales**: 3,738,000,000 US dollars
- **Gross margin**: 1,923,000,000 US dollars
- **Operating costs, net of other operating income (calculated)**: 1,640,000,000 US dollars
- **Operating income**: 283,000,000 US dollars
- **Other income (expense), net (calculated)**: negative 131,000,000 US dollars
- **Income (loss) from continuing operations before income taxes**: 152,000,000 US dollars
- **Income tax expense (benefit)**: 34,000,000 US dollars
- **Net income (loss)**: 111,000,000 US dollars
- **Medical Products & Therapies**: 3,996,000,000 US dollars
- **Healthcare Systems & Technologies**: 1,506,000,000 US dollars
- **Selling, general and administrative expenses**: 1,463,000,000 US dollars
- **Research and development expenses**: 268,000,000 US dollars
- **Other operating income, net**: negative 91,000,000 US dollars
- **Revenue before reconciliation (calculated)**: 5,502,000,000 US dollars. Sum of the reported revenue categories before the separately reported reconciliation.
- **Other**: 159,000,000 US dollars. Reported reconciliation to consolidated revenue.
- **Income (loss) from discontinued operations, net of tax**: negative 7,000,000 US dollars. Reported below-tax contribution to net income.
- **Medical Products & Therapies costs (calculated)**: 3,246,000,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.
- **Healthcare Systems & Technologies costs (calculated)**: 1,244,000,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.
- **Reconciling items (calculated)**: 888,000,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.

### 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.
- Reported revenue categories plus the separately reported signed reconciliation equals consolidated revenue.

## Chart details: Revenue by Geography

- Page: https://plicit.ai/financials/bax/fy2026-ytd-q2-income-statement/revenue-by-geography
- Chart image: https://plicit.ai/charts/bax-fy2026-ytd-q2-revenue-by-geography-sankey.png

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

- **Net sales**: 5,661,000,000 US dollars
- **Cost of sales**: 3,738,000,000 US dollars
- **Gross margin**: 1,923,000,000 US dollars
- **Operating costs, net of other operating income (calculated)**: 1,640,000,000 US dollars
- **Operating income**: 283,000,000 US dollars
- **Other income (expense), net (calculated)**: negative 131,000,000 US dollars
- **Income (loss) from continuing operations before income taxes**: 152,000,000 US dollars
- **Income tax expense (benefit)**: 34,000,000 US dollars
- **Net income (loss)**: 111,000,000 US dollars
- **UNITED STATES**: 3,030,000,000 US dollars
- **International**: 2,631,000,000 US dollars
- **Selling, general and administrative expenses**: 1,463,000,000 US dollars
- **Research and development expenses**: 268,000,000 US dollars
- **Other operating income, net**: negative 91,000,000 US dollars
- **Income (loss) from discontinued operations, net of tax**: negative 7,000,000 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.