Filing Flows › Baxter International (BAX) › Guidance history
Baxter International (BAX) guidance history: what it guided and what it reported
Baxter International gave guidance in 12 earnings releases on file since Feb 8, 2024. Of 1 guided period since reported, it met or beat its own guidance once (100%). Revenue: 1 of 1, on average +5.7% against the guided midpoint. Its releases raised guidance 4 times and lowered it once.
Revenue
Met or beat 1 of 1 periods (1 above, 0 within, 0 below).
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| FY2025 | $10.6B (Feb 20, 2025) | $11.2B | above the range | +5.7% |
Adjusted operating margin
The guide is on an adjusted basis that the GAAP statements do not show, so there is no reported figure to hold it to.
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| FY2024 | 16.5% (Nov 8, 2024) | — | — | — |
| FY2025 | 16.5% (Nov 8, 2024) | — | — | — |
GAAP EPS
This line is not in the statements Filing Flows reads, so there is no reported figure to hold it to.
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| Q3 2025 | $0.24 (Jul 31, 2025) | — | — | — |
| Q2 2025 | $0.13 (May 1, 2025) | — | — | — |
| Q1 2025 | −$0.95 (Feb 20, 2025) | — | — | — |
| Q4 2024 | $0.27 (Nov 8, 2024) | — | — | — |
| Q3 2024 | −$0.62 (Aug 6, 2024) | — | — | — |
| Q2 2024 | $0.07 (May 2, 2024) | — | — | — |
Adjusted EPS
The guide is on an adjusted basis that the GAAP statements do not show, so there is no reported figure to hold it to.
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| FY2026 | $1.85–$2.05 (Feb 12, 2026) → reaffirmed $1.85–$2.05 (Apr 30, 2026) → raised $1.95–$2.15 (Jul 30, 2026) → raised $2.05–$2.15 (Oct 29, 2026) | — | to be reported | — |
| Q4 2025 | $4.00 (Oct 30, 2025) | — | — | — |
| Q3 2025 | $0.59 (Jul 31, 2025) | — | — | — |
| FY2025 | $2.47–$2.55 (May 1, 2025) | — | — | — |
| Q2 2025 | $0.55 (May 1, 2025) | — | — | — |
| Q1 2025 | $0.58 (Feb 20, 2025) | — | — | — |
| Q4 2024 | $0.80 (Nov 8, 2024) | — | — | — |
| Q3 2024 | $0.68 (Aug 6, 2024) | — | — | — |
| FY2024 | $2.88–$2.98 (May 2, 2024) → raised $2.93–$3.01 (Aug 6, 2024) | — | — | — |
| Q2 2024 | $0.65 (May 2, 2024) | — | — | — |
The latest quarter
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
Does Baxter International beat its guidance?
Baxter International gave guidance in 12 earnings releases on file since Feb 8, 2024. Of 1 guided period since reported, it met or beat its own guidance once (100%). Revenue: 1 of 1, on average +5.7% against the guided midpoint.
How often does Baxter International raise guidance?
Its earnings releases raised guidance 4 times and lowered it once since Feb 8, 2024.
Each guided period is held to the last guidance given before its figures were reported; a single figure counts as in line within 1% (0.25 pts for a rate). Reported figures are GAAP, from the company's filings; adjusted guidance shows its moves only.