Skip to content

Baxter International BAX Software sales — Contract Assets

Similar metrics at other companies

Cisco Systems, Inc. logo
CSCOSoftware And Service Agreements — Contract assets, net of allowances
$3.3B+10.0%
ServiceNow logo
NOWContract Assets
$591M+10.9%
Cisco Systems, Inc. logo
CSCOSoftware and Service Agreements — Contract assets, current
$1.8B
General Electric logo
GEContract Assets
$3.44B+17.0%
Guidewire Software logo
GWREContract Assets
$224.77M+34.7%
Plexus logo
PLXSContract Assets
$160.38M+17.8%

Other financials

Income statement

See full
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

See full
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

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

Valuation

See full
Market cap$10.27B-50.6%
Enterprise value$8.48B-55.6%
P/S0.9×-1.0×

Profitability

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

Returns & leverage

See full
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:ContractWithCustomerAssetNet.

The official record: Baxter International’s 10-K, filed February 12, 2026, on SEC EDGAR. View the filing →

Ask your AI about Baxter International's software sales — contract assets.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI
Harbor at dusk
Claude

Questions, answered.

What is Baxter International's software sales — contract assets?
Baxter International (BAX) reported software sales — contract assets of $34M in Q4 2025.
How has Baxter International's software sales — contract assets changed year-over-year?
Baxter International's software sales — contract assets decreased by 22.7% year-over-year, from $44M to $34M.
What does software sales — contract assets mean?
This metric represents the value of contract assets recognized from software-related arrangements, including digital health solutions and connected medical device platforms. It reflects revenue recognized for performance obligations satisfied before the customer is billed, highlighting the transition toward recurring digital service models. This asset balance is critical for assessing the growth of the company's digital ecosystem and the timing of cash inflows from software-enabled medical technology.