---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-26-028582"
form_type: "8-K"
ticker: "BAX"
cik: "0000010456"
company_name: "BAXTER INTERNATIONAL INC"
filed_at: "2026-04-30T23:59:59+00:00"
generated_at: "2026-05-15T00:30:59.577971+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Baxter Q1 GAAP EPS loss $0.03, adj. $0.36; revenue $2.7B; dividend cut to $0.01

## Summary
- Revenue from continuing operations $2.7B, +3% reported but -1% organic.
- GAAP diluted EPS loss of $0.03; adjusted diluted EPS of $0.36.
- Quarterly dividend reduced to $0.01 per share, payable July 1 to holders of record May 29.
- Company reiterates its full-year 2026 financial outlook.
- CEO Andrew Hider says Q1 results in line with expectations; more work remains.

## SEC filing metadata
- accession: 0001628280-26-028582
- form_type: 8-K
- ticker: BAX
- cik: 0000010456
- company_name: BAXTER INTERNATIONAL INC
- filed_at: 2026-04-30T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/10456/000162828026028582/0001628280-26-028582-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/10456/000162828026028582/bax-20260429.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-26-028582
- JSON: https://secwatch.observer/filing/0001628280-26-028582.json
- Plain text: https://secwatch.observer/filing/0001628280-26-028582.txt

## Key facts
- Earnings Releases
  BAXTER INTERNATIONAL INC reported first quarter of 2026 results: revenue $2.7 billion, EPS ($0.03). Guidance reaffirmed.
  - Period: first quarter of 2026
  - Revenue: $2.7 billion
  - EPS: ($0.03)
  - Guidance: reaffirmed
  - Result: reported results
  source text: BAXTER REPORTS FIRST-QUARTER 2026 RESULTS • Sales from continuing operations of $2.7 billion increased 3% on a reported basis and declined 1% on an organic basis 1,2 • U.S. GAAP 3 diluted earnings per share (EPS) (loss) from continuing operations of ($0.03); adjusted diluted EPS from continuing operations of $0.36 • Reiterates full-year 2026 financial outlook
  evidence_url: https://www.sec.gov/Archives/edgar/data/10456/000162828026028582/0001628280-26-028582-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.