TTM
$11.3B
YoY change
+5.7%
5Y CAGR
-0.7%
Peak year (FY2012)
$13.9B
Cumulative revenue
$380B
Revenue history chart for Baxter International (BAX) from 2016 to 2025
Latest: $11.2B
Revenue growth chart for Baxter International (BAX) from 2016 to 2025
Latest: +5.7%
Revenue history table for Baxter International (BAX) from 1985 to 2025
| FY2025 | $11.2B | +5.7% | +$608M | ||
| FY2024 | $10.6B | +2.7% | +$276M | ||
| FY2023 | $10.4B | +3.0% | +$303M | ||
| FY2022 | $10.1B | -17.2% | -$2.09B | ||
| FY2021 | $12.1B | +4.1% | +$473M | ||
| FY2020 | $11.7B | +2.7% | +$311M | ||
| FY2019 | $11.4B | +2.4% | +$263M | ||
| FY2018 | $11.1B | +4.9% | +$515M | ||
| FY2017 | $10.6B | +4.1% | +$421M | ||
| FY2016 | $10.2B | +2.0% | +$195M | ||
| FY2015 | $9.97B | -7.0% | -$751M | ||
| FY2014 | $10.7B | +13.9% | +$1.31B | ||
| FY2013 | $9.41B | -32.5% | -$4.52B | ||
| FY2012 | $13.9B | +0.3% | +$43M | ||
| FY2011 | $13.9B | +8.2% | +$1.05B | ||
| FY2010 | $12.8B | +2.2% | +$281M | ||
| FY2009 | $12.6B | +1.7% | +$214M | ||
| FY2008 | $12.3B | +9.6% | +$1.09B | ||
| FY2007 | $11.3B | +8.5% | +$885M | ||
| FY2006 | $10.4B | +5.4% | +$529M | ||
| FY2005 | $9.85B | +3.6% | +$340M | ||
| FY2004 | $9.51B | +6.8% | +$605M | ||
| FY2003 | $8.9B | +9.9% | +$805M | ||
| FY2002 | $8.1B | +10.1% | +$743M | ||
| FY2001 | $7.36B | +9.8% | +$659M | ||
| FY2000 | $6.7B | +5.0% | +$317M | ||
| FY1999 | $6.38B | +11.8% | +$674M | ||
| FY1998 | $5.71B | +8.5% | +$447M | ||
| FY1997 | $5.26B | -3.3% | -$179M | ||
| FY1996 | $5.44B | +7.7% | +$390M | ||
| FY1995 | $5.05B | -45.9% | -$4.28B | ||
| FY1994 | $9.32B | +5.0% | +$445M | ||
| FY1993 | $8.88B | +4.8% | +$408M | ||
| FY1992 | $8.47B | -5.0% | -$450M | ||
| FY1991 | $8.92B | +10.1% | +$821M | ||
| FY1990 | $8.1B | +9.5% | +$701M | ||
| FY1989 | $7.4B | +7.8% | +$538M | ||
| FY1988 | $6.86B | +10.3% | +$638M | ||
| FY1987 | $6.22B | +12.3% | +$680M | ||
| FY1986 | $5.54B | +135.4% | +$3.19B | ||
| FY1985 | $2.36B | — | — |
- FY2025$11.2B+5.7%
- FY2024$10.6B+2.7%
- FY2023$10.4B+3.0%
- FY2022$10.1B-17.2%
- FY2021$12.1B+4.1%
- FY2020$11.7B+2.7%
- FY2019$11.4B+2.4%
- FY2018$11.1B+4.9%
- FY2017$10.6B+4.1%
- FY2016$10.2B+2.0%
- FY2015$9.97B-7.0%
- FY2014$10.7B+13.9%
- FY2013$9.41B-32.5%
- FY2012$13.9B+0.3%
- FY2011$13.9B+8.2%
- FY2010$12.8B+2.2%
- FY2009$12.6B+1.7%
- FY2008$12.3B+9.6%
- FY2007$11.3B+8.5%
- FY2006$10.4B+5.4%
- FY2005$9.85B+3.6%
- FY2004$9.51B+6.8%
- FY2003$8.9B+9.9%
- FY2002$8.1B+10.1%
- FY2001$7.36B+9.8%
- FY2000$6.7B+5.0%
- FY1999$6.38B+11.8%
- FY1998$5.71B+8.5%
- FY1997$5.26B-3.3%
- FY1996$5.44B+7.7%
- FY1995$5.05B-45.9%
- FY1994$9.32B+5.0%
- FY1993$8.88B+4.8%
- FY1992$8.47B-5.0%
- FY1991$8.92B+10.1%
- FY1990$8.1B+9.5%
- FY1989$7.4B+7.8%
- FY1988$6.86B+10.3%
- FY1987$6.22B+12.3%
- FY1986$5.54B+135.4%
- FY1985$2.36B—
Revenue values are taken from Baxter International's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About Revenue at Baxter International (BAX)
According to Baxter International's latest reported financial statements, the company's current revenue (TTM) is $11.3B. Revenue is the total income from selling goods or services before any expenses. Unlike net income (earnings), revenue does not subtract operating costs, taxes, or other charges. Figures are in USD; chart and tables below use historical filings.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
The 2025 reading of Baxter International (BAX) revenue is $11.2B – grew 5.7% year-over-year.
Across 2020–2025 (5 years), Baxter International revenue produced a CAGR of -0.7% – sustaining 3 straight years of year-over-year growth.
Between 2012 and 2025, Baxter International revenue declined 19.3%, falling from $13.9B to $11.2B.
The highest annual revenue of $13.9B was reported in 2012. The lowest in the available history was $2.36B in 1985.
Baxter International Revenue by Year
Baxter International Revenue 2025: $11.2B
2025's revenue for Baxter International came in at $11.2B, grew 5.7% from 2024.
Baxter International Revenue 2024: $10.6B
Baxter International posted revenue of $10.6B in 2024, edged up 2.7% from 2023.
Baxter International Revenue 2023: $10.4B
In 2023, Baxter International reported revenue of $10.4B, edged up 3.0% from 2022.
Baxter International Revenue 2022: $10.1B
Baxter International revenue in 2022 was $10.1B, declined 17.2% below 2021.
Baxter International Revenue 2021: $12.1B
Baxter International revenue in 2021 was $12.1B.
See more financial history for Baxter International (BAX).
Sector peers by Revenue
Healthcare peers of Baxter International (BAX), ranked by their latest revenue
| $448B | |
| $94.2B | |
| $65.2B | |
| $64.9B | |
| $61.2B | |
| $48.2B | |
| $44.6B | |
| $36.7B |
- $94.2B
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- $64.9B
- $61.2B
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- $36.7B
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