The table below shows BAXTER INTERNATIONAL INC's income statement line items across its last 6 fiscal years, exactly as reported in the company's audited annual filings. All figures are in US dollars; negative values appear in red.
Line item
FY 2025
FY 2024
FY 2023
FY 2022
FY 2021
FY 2020
Revenue
$11.24B
$10.64B
$10.36B
$10.06B
$12.15B
$11.67B
Cost of revenue
$7.87B
$6.65B
$6.21B
$6.51B
$7.43B
$7.09B
Gross profit
$3.38B
$3.98B
$4.15B
$3.55B
$4.72B
$4.59B
R&D
$518.00M
$590.00M
$518.00M
$450.00M
$531.00M
$521.00M
BAX annual revenue (10-K history)
BAXTER INTERNATIONAL INC reported annual revenue of $11.24B for fiscal year 2025. That is up 5.7% from $10.64B in fiscal 2024. Over the 10 fiscal years shown, annual revenue grew from $10.16B (FY 2016) to $11.24B. Figures come from the company's audited annual reports as filed with the SEC.
