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Baxter International (BAX)
NYSE:BAX
US Market
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Baxter International (BAX) Operating Income by Segment

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Operating Income by Segment

Reveals profitability across different business units, highlighting which segments are driving earnings and where there might be challenges or opportunities for growth.
Baxter’s segment profits cratered into early‑2026—Pharma and HST show sharp year‑over‑year erosion while MPT, historically the largest contributor, has weakened versus prior peaks—reflecting supply disruptions (injectables), Novum shipment/return risk, tariff and absorption pressures. Management’s call confirms these drivers and pins recovery to a stronger second half via volume, cost actions and inventory roll‑through; near‑term earnings remain exposed to unresolved Novum and contract‑manufacturer supply issues, so upside depends on remediation and HST timing.
Date
Other
Medical Products and Therapies
Healthcare Systems and Technologies
Pharmaceuticals
Jun 30, 2026
$6.00M$400.00M$163.00M$0.00
Mar 31, 2026
$11.00M$186.00M$66.00M$46.00M
Dec 31, 2025
$23.00M$214.00M$126.00M$39.00M
Sep 30, 2025
$5.00M$273.00M$104.00M$56.00M
Jun 30, 2025
$6.00M$239.00M$118.00M$64.00M
Mar 31, 2025
$9.00M$244.00M$93.00M$63.00M
Dec 31, 2024
$3.00M$217.00M$145.00M$102.00M
Sep 30, 2024
$2.00M$268.00M$136.00M$58.00M
Jun 30, 2024
$9.00M$238.00M$120.00M$75.00M
Mar 31, 2024
$4.00M$227.00M$67.00M$78.00M