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Baxter International BAX Reportable Segment — Legal matters

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Other financials

Income statement

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Revenue$2.7B+2.9%
Gross profit$891.0M+3.5%
Operating income$66.0M+13.8%
Net income-$15.0M-112%
EPS (diluted)-$0.03-112%

Balance sheet

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Cash & equivalents$2.0B-12.1%
Total debt$224.0M-8.9%
Total equity$6.0B-14.7%
Total assets$19.8B-6.8%

Cash flow

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Operating cash flow$213.0M+210%
CapEx$128.3M+15.0%
Free cash flow$83.0M-42.1%

Valuation

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Market cap$14.13B+22.3%
Enterprise value$12.33B+22.1%
P/S1.3×+0.2×

Profitability

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Gross margin30.1%-5.9pp
Operating margin-2.7%
Net margin-9.7%+62.5pp
FCF margin3%-2.4pp

Returns & leverage

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Return on equity-16.7%-76.7pp
Debt / equity0.0×
Current ratio1.9×-0.2×

Where this comes from

Reported directly by Baxter International in its filing.

Tagged under the XBRL concept us-gaap:LitigationSettlementExpense.

The source filing: Baxter International’s 10-K, filed February 12, 2026.

Filed
Feb 12, 2026, 4:46 PM EST
Fiscal year
FY2025
Accession
0001628280-26-007733
for the years ended December 31 (in millions)202520242023
European Medical Devices Regulation(21)(33)(41)
Indefinite-lived asset impairments(290)(50)
Separation-related costs(58)
Legal matters(11)(17)(7)
Acquisition and integration items(27)(23)
Product-related reserves(113)(15)
Hurricane Helene Costs(133)(110)
Goodwill impairments(485)(425)

Item 8. Financial Statements and Supplementary Data.

FAQ

What is Baxter International's reportable segment — legal matters?
Baxter International (BAX) reported reportable segment — legal matters of -$2.75M in Q4 2025.
How has Baxter International's reportable segment — legal matters changed year-over-year?
Baxter International's reportable segment — legal matters increased by 35.3% year-over-year, from -$4.25M to -$2.75M.
What does reportable segment — legal matters mean?
This includes expenses, settlements, or provisions related to ongoing or resolved litigation, regulatory investigations, or other legal disputes. These costs are typically excluded from core operating performance metrics due to their unpredictable nature.

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