Filing Flows › Baxter International (BAX) › Gross margin
Baxter International (BAX) gross margin by quarter
Baxter International's gross margin was 33.4% in Q3 2026 (third quarter 2026), -1.5 pts from Q2 2026. Over the last 4 quarters it ranged from 32.8% (Q1 2025) to 35.3% (Q2 2025).
| Quarter | Gross margin | Q/Q | Y/Y |
|---|---|---|---|
| Q3 2026 | 33.4% | -1.5 pts | — |
| Q2 2026 | 34.9% | -0.4 pts | -0.4 pts |
| Q2 2025 | 35.3% | +2.5 pts | — |
| Q1 2025 | 32.8% | — | — |
Q3 2026 at a glance
Baxter International, Q3 2026: revenue $3.0B (+5% year over year), operating margin 7.6%, net earnings $294M, operating cash flow $558M. The chart follows the revenue to costs, profit and cash.
Questions
What is Baxter International's gross margin?
Baxter International's gross margin was 33.4% in Q3 2026 (third quarter 2026), -1.5 pts from Q2 2026.
How has Baxter International's gross margin changed?
Over the last 4 quarters it ranged from 32.8% (Q1 2025) to 35.3% (Q2 2025).