
Baxter International (BAX) earnings history, EPS estimates, revenue forecasts and company guidance.
Earnings Per Share (Non-GAAP)
Quarterly Revenue (Billions)
Baxter International (BAX) last issued guidance on July 30, 2026 for fiscal year 2026. The company guided earnings per share in the range of $1.95 - $2.15, compared to a consensus EPS estimate of $1.92. Baxter International also guided revenue in the range of $11.58B - $11.69B for the period.
Compared to prior guidance, Baxter International raised its EPS outlook from a previous range of $1.85 - $2.05. On the revenue side, the company raised its revenue forecast from a prior range of $11.24B - $11.36B.
Baxter International has issued 28 guidance updates between February 9, 2023 and July 30, 2026. During this period, the company raised its outlook 9 times and lowered it 15 times, providing investors with insight into management's evolving expectations.
| Metric | Q3 '26 | Q2 '26 | Q1 '26 | Q4 '25 |
|---|---|---|---|---|
| Earnings Per Share (Non-GAAP) | ||||
| Estimate | $0.52 | $0.37 | $0.31 | $0.53 |
| Actual | — | $0.54 | $0.37 | $0.44 |
| Surprise | — | +46.0% | +19.4% | -17.0% |
| Revenue | ||||
| Estimate | $2.91B | $2.80B | $2.61B | $2.81B |
| Actual | — | $2.96B | $2.70B | $2.97B |
| Surprise | — | +5.86% | +3.39% | +5.80% |
| Metric | Q4 '26E | Q1 '27E | Q2 '27E |
|---|---|---|---|
| Earnings Per Share (Non-GAAP) | |||
| Consensus | $0.61 | $0.45 | $0.52 |
| Revenue | |||
| Consensus | $3.05B | — | — |
| Fiscal Quarter | Date Reported | Actual EPS | Estimated EPS | Surprise % |
|---|---|---|---|---|
| Q2 | Jul 30, 2026 | $0.54 | $0.37 | 46.0 % |
| Q1 | Apr 30, 2026 | $0.37 | $0.31 | 19.4 % |
| Q4 | Feb 12, 2026 | $0.44 | $0.53 | -17.0 % |
| Q3 | Oct 30, 2025 | $0.69 | $0.60 | 15.0 % |
| Fiscal Quarter | Date Reported | Actual Revenue | Estimated Revenue | Surprise % |
|---|---|---|---|---|
| Q2 | Jul 30, 2026 | $2.96B | $2.80B | 5.86 % |
| Q1 | Apr 30, 2026 | $2.70B | $2.61B | 3.39 % |
| Q4 | Feb 12, 2026 | $2.97B | $2.81B | 5.80 % |
| Q3 | Oct 30, 2025 | $2.84B | $2.87B | -1.37 % |