Baxter International Inc. — Third Quarter 2026 Earnings Summary

Baxter International Inc. reported third-quarter 2026 sales of $2.98 billion, representing a 5% increase on both a reported and organic basis across all segments. The company achieved U.S. GAAP diluted earnings per share of $0.57 and adjusted diluted earnings per share of $0.58, while generating $448 million in free cash flow for the quarter. During the period, Baxter completed a $600 million cash tender offer to retire $864 million of debt, furthering its deleveraging efforts. Consequently, the company raised its full-year 2026 financial outlook, projecting reported sales growth of 4% to 5% and adjusted diluted earnings per share between $2.05 and $2.15.