Filing Flows › Baxter International (BAX) › Q3 2026 › vs Q2 2026
Baxter International (BAX) Q3 2026 vs Q2 2026 (quarter over quarter)
Baxter International's revenue rose $16.0M (+0.5%) from $3.0B in Q2 2026 to $3.0B in Q3 2026. Gross margin 33.4% against 34.9% (-1.5 pts).
Baxter International, Q3 2026: revenue $3.0B (+5% year over year), operating margin 7.6%, net earnings $294M, operating cash flow $558M. The chart draws each line against Q2 2026, the increases inside each band.
Margins
| Q3 2026 | Q2 2026 | Change | |
|---|---|---|---|
| Gross margin | 33.4% | 34.9% | -1.5 pts |
| Operating margin | 7.6% | 7.3% | +0.2 pts |
| Net margin | 9.9% | 4.3% | +5.6 pts |
Every line
| Line | Q3 2026 | Q2 2026 | Change | % |
|---|---|---|---|---|
| Revenue | $3.0B | $3.0B | $16.0M | +0.5% |
| Gross profit | $994M | $1.0B | −$38.0M | -4% |
| Cost of revenue | $2.0B | $1.9B | $54.0M | +3% |
| Other income, net | $188M | −$68.0M | $256M | — |
| Operating profit | $225M | $217M | $8.0M | +4% |
| Operating expenses | $769M | $815M | −$46.0M | -6% |
| Pre-tax earnings | $413M | $149M | $264M | +177% |
| Net earnings | $294M | $126M | $168M | +133% |
| Income tax | $119M | $23.0M | $96.0M | +417% |
| Depreciation & amortization | $239M | $239M | $0 | 0% |
| Share-based compensation | $30.0M | $33.0M | −$3.0M | -9% |
| Working capital & other | $5.0M | $113M | −$108M | -96% |
| Operating cash flow | $558M | $285M | $273M | +96% |
Questions
How much did Baxter International's revenue grow quarter over quarter in Q3 2026?
Baxter International's revenue rose $16.0M (+0.5%) from $3.0B in Q2 2026 to $3.0B in Q3 2026. Gross margin 33.4% against 34.9% (-1.5 pts).