Baxter (BAX) Q4 Results: Loss of $2.19PS, Revenue Surpasses Forecasts

Baxter International Inc. (BAX) reported a fourth-quarter loss of $1.13 billion, or $2.19 per share, with adjusted earnings of 44 cents per share, missing analyst estimates of 53 cents per share. Revenue reached $2.97 billion, exceeding the $2.79 billion median forecast. Year-over-year, the loss widened to $957 million, or $1.87 per share, on $11.24 billion in revenue. The company now expects full-year 2026 earnings of $1.85 to $2.05 per share. Baxter shares have gained 17% year-to-date as of February 12, 2026, versus slightly more than 1% for the S&P 500.