Baxter Research and Development Expenses 2012-2026 | BAX

Baxter annual/quarterly research and development expenses history and growth rate from 2012 to 2026. Research and development expenses can be defined as an expense arising from studies and product development processes.
  • Baxter research and development expenses for the quarter ending June 30, 2026 were $129M, a 3.73% decline year-over-year.
  • Baxter research and development expenses for the twelve months ending June 30, 2026 were $512M, a 16.61% decline year-over-year.
  • Baxter annual research and development expenses for 2025 were $0.518B, a 12.2% decline from 2024.
  • Baxter annual research and development expenses for 2024 were $0.59B, a 13.9% increase from 2023.
  • Baxter annual research and development expenses for 2023 were $0.518B, a 15.11% increase from 2022.
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Baxter Annual Research and Development Expenses
(Millions of US $)
2025 $518
2024 $590
2023 $518
2022 $450
2021 $531
2020 $521
2019 $595
2018 $654
2017 $615
2016 $646
2015 $603
2014 $610
2013 $582
2012 $1,081
2011 $946
Baxter Quarterly Research and Development Expenses
(Millions of US $)
2026-06-30 $129
2026-03-31 $139
2025-12-31 $126
2025-09-30 $118
2025-06-30 $134
2025-03-31 $140
2024-12-31 $211
2024-09-30 $129
2024-06-30 $130
2024-03-31 $120
2023-12-31 $56
2023-09-30 $133
2023-06-30 $165
2023-03-31 $164
2022-12-31 $1
2022-09-30 $151
2022-06-30 $148
2022-03-31 $150
2021-12-31 $135
2021-09-30 $129
2021-06-30 $139
2021-03-31 $128
2020-12-31 $135
2020-09-30 $123
2020-06-30 $117
2020-03-31 $146
2019-12-31 $156
2019-09-30 $144
2019-06-30 $166
2019-03-31 $129
2018-12-31 $174
2018-09-30 $166
2018-06-30 $174
2018-03-31 $140
2017-12-31 $183
2017-09-30 $150
2017-06-30 $155
2017-03-31 $127
2016-12-31 $156
2016-09-30 $159
2016-06-30 $195
2016-03-31 $136
2015-12-31 $161
2015-09-30 $148
2015-06-30 $151
2015-03-31 $143
2014-12-31 $156
2014-09-30 $149
2014-06-30 $322
2014-03-31 $309
2013-12-31 $396
2013-09-30 $277
2013-06-30 $273
2013-03-31 $246
2012-12-31 $216
2012-09-30 $290
2012-06-30 $306
2012-03-31 $269
2011-12-31 $254
2011-09-30 $239
Sector Industry Market Cap Revenue
Medical Medical Products Manufacturing $11.788B $11.244B
Baxter International Inc. is a global medical technology company. The company consists of renal and hospital products, providing items such as kidney-dialysis equipment, infusion pumps, and intravenous (IV) solutions. Baxter has been reporting through six revenue segments. Renal Care, Medication Delivery, Pharmaceuticals, Clinical Nutrition, Advanced Surgery, Acute Therapies and Other. Baxter's Renal segment primarily consists of Peritoneal Dialysis (PD) and Hemodialysis (HD) therapies. The portfolio addresses the needs of patients with kidney failure or kidney disease, and their healthcare providers, with a comprehensive range of therapeutic options across home, in-center, and hospital settings for better individualized care.
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