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Where the tokens are
Standardised from the company’s filings, newest period first, labelled with the company’s own fiscal calendar. A line the company does not report is left off rather than shown as zero; margins and free cash flow are worked out here, and only where every input is present.
| Line item | Q2 FY262026-06-30 | Q1 FY262026-03-31 | Q4 FY252025-12-31 | Q3 FY252025-09-30 | Q2 FY252025-06-30 | Q1 FY252025-03-31 | Q4 FY242024-12-31 | Q3 FY242024-09-30 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $2.96B | $2.70B | $2.97B | $2.84B | $2.81B | $2.63B | $2.75B | $2.70B |
| Cost of revenue | $1.93B | $1.81B | $2.40B | $1.89B | $1.82B | $1.76B | $1.79B | $1.67B |
| Gross profit | $1.03B | $891.00M | $577.00M | $950.00M | $991.00M | $861.00M | $959.00M | $1.03B |
| Gross margin | 34.9% | 33.0% | 19.4% | 33.5% | 35.3% | 32.8% | 34.8% | 38.3% |
| Research and development | $129.00M | $139.00M | $126.00M | $118.00M | $134.00M | $140.00M | $211.00M | $129.00M |
| Selling, general and administrative | $735.00M | $728.00M | $761.00M | $708.00M | $718.00M | $703.00M | $761.00M | $754.00M |
| Operating expenses | $815.00M | $825.00M | $1.37B | $826.00M | $800.00M | $803.00M | $1.40B | $883.00M |
| Operating income | $217.00M | $66.00M | −$795.00M | $124.00M | $191.00M | $58.00M | −$438.00M | $150.00M |
| Operating margin | 7.3% | 2.4% | -26.7% | 4.4% | 6.8% | 2.2% | -15.9% | 5.6% |
| EBITDA | $456.00M | $303.00M | −$70.00M | $361.00M | $448.00M | $305.00M | $232.00M | $404.00M |
| Interest income | $0 | −$66.00M | −$58.00M | −$58.00M | $0 | −$64.00M | −$90.00M | −$87.00M |
| Interest expense | −$64.00M | $0 | $0 | — | −$58.00M | $0 | $0 | — |
| Income before taxes | $158.00M | −$6.00M | −$756.00M | $121.00M | $133.00M | −$3.00M | −$521.00M | $69.00M |
| Income taxes | $23.00M | $11.00M | $279.00M | $172.00M | $11.00M | −$67.00M | −$33.00M | $8.00M |
| Net income | $126.00M | −$15.00M | −$1.07B | −$46.00M | $91.00M | $126.00M | −$209.00M | $144.00M |
| Net margin | 4.3% | -0.6% | -36.0% | -1.6% | 3.2% | 4.8% | -7.6% | 5.3% |
| EPS, basic | $0.24 | −$0.03 | −$2.09 | −$0.09 | $0.18 | $0.25 | −$0.37 | $0.27 |
| EPS, diluted | $0.24 | −$0.03 | −$2.10 | −$0.09 | $0.18 | $0.25 | −$0.37 | $0.27 |
| Diluted shares | 518.00M | 515.00M | 510.00M | 514.00M | 514.00M | 514.00M | 507.00M | 512.00M |
Figures describe Baxter International shares, not any token. As of Jul 30, 2026, from Massive's standardised financials. The company reports these figures; a token's issuer holds the shares and reports nothing of its own here.