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Baxter International BAX Subscription Revenue

Subscription Revenue at other companies

Broadridge Financial Solutions logo
Broadridge Financial SolutionsBR
$1.29B+7.0%
Samsara logo
SamsaraIOT
$470.98M+31.0%
Trimble Inc. logo
Trimble Inc.TRMB
$628.7M+10.5%
Tyler Technologies logo
Tyler TechnologiesTYL
$429.75M+14.6%
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ResMedRMD
$147.96M+8.2%
SQ
SQSQ

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

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:SalesTypeLeaseRevenue.

The official record: Baxter International’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Baxter International's subscription revenue?
Baxter International (BAX) reported subscription revenue of $3M in Q1 2026.
How has Baxter International's subscription revenue changed year-over-year?
Baxter International's subscription revenue decreased by 62.5% year-over-year, from $8M to $3M.
What is the long-term trend for Baxter International's subscription revenue?
Over 3 years (2021 to 2025), Baxter International's subscription revenue has grown at a -33.3% compound annual growth rate (CAGR), from $27M to $8M.
What does subscription revenue mean?
Revenue earned from recurring subscription or service agreements.
How do you interpret subscription revenue?
Growth in this metric signals successful transition to a recurring revenue model and increased customer stickiness.
How does subscription revenue compare across companies?
Key metric for companies shifting from hardware-only sales to digital-enabled service models.