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Bausch & Lomb Corp. (BLCO)

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Bausch & Lomb Corp. (BLCO) reported revenue of $1.4 billion for Q2 FY2026, the quarter ended 30 June 2026, up 9.1% on the same quarter a year earlier. Net income was -$14 million, and diluted earnings per share $-0.04. The figures are the company's own, from the 10-Q it filed with the SEC on 29 July 2026.

Revenue$1.4 billionup 9.1%
Net income-$14 million
Diluted EPS$-0.04
QuarterQ2 FY2026ended 30 June 2026

Bausch & Lomb (BLCO) in brief

Bausch & Lomb (BLCO) reported revenue of $5.1 billion for fiscal 2025, the year ended 31 December 2025, up 6.5% on the year before.
Read moreNet loss was $360 million and the diluted loss per share $1.02. Revenue was $4.8 billion in fiscal 2024, $4.1 billion in fiscal 2023, $3.8 billion in fiscal 2022 and $3.8 billion in fiscal 2021. Net income in the same years was a loss of $317 million, a loss of $260 million, $6 million and $182 million. Over the twelve months to 30 June 2026, Bausch & Lomb reported revenue of $5.3 billion and net loss of $171 million. Revenue grew 8.4% a year, compounded, over the five years to fiscal 2025. Bausch & Lomb had 357 million shares outstanding at the latest filed count. At 30 June 2026 it carried $5.1 billion of debt and $367 million of cash. At the close of 27 October 2026 the market cap of Bausch & Lomb was $6.3 billion.

Ratios

From the filings

ROE-2.7%
ROCE2.8%
Operating margin6.1%
Net margin-3.2%
FCF margin2.6%
Interest cover0.83
Debt to equity0.80
Cash conversionn/a
Share count, last 12 months0.9%
Sales CAGR, 3 years10.6%
Profit CAGR, 3 yearsn/a
EPS, TTM-$0.48

At the close of 27 October 2026

Price$17.64
Market cap$6.3 billion
Stock P/En/a
Price to book0.99
EV / EBITDA15.05
Dividend yieldn/a
Market cap / sales1.18
52-week high$18.60
52-week low$14.56
Price, 1 year14.8%
Price CAGR, 3 years3.8%
Price CAGR, 5 yearsn/a
Worked from the filed figures; hover a name for the formula.
Read moreThe priced ones use the latest price, the last regular-hours trade on IEX. Debt to equity here stands on the borrowing lines of Bausch & Lomb Corp.'s balance sheet, added together, finance leases inside them only where the company puts them there; operating leases are a separate line. Nothing here is a valuation or a view.
BLCOgreeksoup.ai
Daily prices to 27 October 2026, adjusted for splits; from 28 September 2026 each day's price is the last regular-hours trade on IEX.
Read moreData provided for free by IEX. By accessing or using IEX Historical Data, you agree to the IEX Historical Data Terms of Use. Day by day for the last three years; before that one point a week, carrying the week's last close and its average daily volume, so a volume bar means the same thing across the whole series; the bars sit under the price on their own scale, on the right. The moving averages need consecutive days and are drawn from the daily part. P/E is the close over the trailing four quarters' EPS as filed at each filing date, on the current share count; the dashed line is the median over the range shown. Sales and margin are quarterly revenue and the operating margin from the tables above. EV/EBITDA, price to book and market cap to sales use the latest filed balance sheet and share count at each date. Before the quarters on file begin, P/E, price to book and market cap to sales stand on each annual report from the day it was filed. Drawn in your browser; the range and overlay you pick are remembered here only.

The public record on BLCO

Dividendsno dividend in its filings for fiscal 2020 onward
Filings20 in twelve months: 13 current reports (8-K), about 5 officer or director change; 4 results of operations; 3 other events; 2 regulation FD disclosure; 2 material agreement
Planned insider sales4 Form 144 notices in twelve months, $1.3 million; latest 28 September 2026
Options tapeput/call 0.11 by open interest at the 27 October 2026 close; the straddle prices a 17.3% move to 20 November 2026
13F holders98 funds reported a position for the quarter to 30 June 2026; largest Icahn Carl C
Insider trading3 sales and 9 purchases on Form 4 in twelve months
Congress0 House trades disclosed in six months
Short interest2.5 million shares short, 3.60 days to cover at 15 October 2026
Documentsthe 10-K, the 10-Qs, the proxy and 4 earnings press releases, each linked

Quarterly results, the last 20 quarters

Q3 FY2021Q4 FY2021 *Q1 FY2022Q2 FY2022Q3 FY2022Q4 FY2022 *Q1 FY2023Q2 FY2023Q3 FY2023Q4 FY2023 *Q1 FY2024Q2 FY2024Q3 FY2024Q4 FY2024 *Q1 FY2025Q2 FY2025Q3 FY2025Q4 FY2025 *Q1 FY2026Q2 FY2026
Revenue9491,0018899419429969311,0351,0071,1731,0991,2161,1961,2801,1371,2781,2811,4051,2441,394
R&D63.070.077.075.077.078.077.085.082.080.082.084.084.093.086.096.095.094.0101114
SG&A348365343368381386418417418483504535511532563579528564544588
Operating income94.092.054.056.046.051.0-2.043.040.049.06.026.043.087.0-83.0-11.095.011233.083.0
Operating margin10%9%6%6%5%5%-0%4%4%4%1%2%4%7%-7%-1%7%8%3%6%
Interest expense0.00.020.044.035.047.050.058.076.099.099.010210098.094.012810198.097.093.0
Pre-tax income88.086.029.027.019.0-2.0-55.0-19.0-35.0-57.0-90.0-76.0-58.0-10.0-180-147-3.013.0-64.0-11.0
Tax rate28%37%21%74%179%n/an/an/an/an/an/an/an/an/an/an/an/a546%n/an/a
Net income60.051.020.05.0-18.0-1.0-90.0-32.0-84.0-54.0-167-1514.0-3.0-212-62.0-28.0-58.0-71.0-14.0
Net margin6%5%2%1%-2%-0%-10%-3%-8%-5%-15%-12%0%-0%-19%-5%-2%-4%-6%-1%
Diluted EPS$0.17$0.14$0.06$0.01-$0.05$0.00-$0.26-$0.09-$0.24-$0.15-$0.48-$0.43$0.01-$0.01-$0.60-$0.18-$0.08-$0.16-$0.20-$0.04
Operating cash flow2731623.015627.0159-56.0-24.048.015.041.015.015422.0-25.035.013713632.0153
Capital expenditure41.062.042.034.049.050.037.027.033.084.067.072.060.092.011089.074.076.010071.0
Free cash flow232100-39.0122-22.0109-93.0-51.015.0-69.0-26.0-57.094.0-70.0-135-54.063.060.0-68.082.0
Shares outstanding350m350m350m350m350m350m350m351m351m351m351m352m352m352m353m354m354m354m356m357m
Filing10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q
Each quarter as filed, linked to its filing.
Read more* The fourth quarter is the full year less the first three quarters, because the company files the year and not the quarter on its own. A fourth quarter's EPS, and its diluted share count where shown, are from the company's results press release for that quarter, checked against the company's filed figures or a second data source. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and the share count are as they are. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Cash flow lines filed year to date are the difference between two filings. Shares outstanding are at the period end where the balance sheet tags them, otherwise the count on the filing's cover page. A derived fourth-quarter EPS is left blank when a split in the year makes the arithmetic meaningless.

Income statement (profit and loss), 6 fiscal years and the trailing twelve months

FY2020FY2021FY2022FY2023FY2024FY2025TTM
Revenue3,4123,7653,7684,1464,7915,1015,324
Research and development253271307324343371404
Selling, general and administrative1,2531,3891,4781,7362,0822,2342,224
Operating income260329207130162113323
Operating margin7.6%8.7%5.5%3.1%3.4%2.2%6.1%
Interest expense0.00.0146283399421389
Pre-tax income29031873.0-166-234-317-65.0
Income tax30712558.082.071.035.098.0
Effective tax rate105.9%39.3%79.5%n/an/an/an/a
Net income-18.01826.0-260-317-360-171
Net margin-0.5%4.8%0.2%-6.3%-6.6%-7.1%-3.2%
Diluted EPS-$0.05$0.52$0.02-$0.74-$0.90-$1.02-$0.48
Filing10-K10-K10-K10-K10-K10-K
From each year's 10-K, linked; TTM is the last four quarters.
Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.

Revenue by segment FY2023 to FY2025

FY2023FY2024FY2025Share
of the parts, latest year
Vision Care2,5432,7392,92357.3%
Pharmaceuticals8361,2091,28425.2%
Surgical76784389417.5%
Vision CarePharmaceuticalsSurgical
4,146FY20234,791FY20245,101FY2025

$ million; hover a block for its figure and share

From the company's 10-Ks, in its own words (latest 10-K).
Read moreEach year's figures come from the most recent 10-K that includes that year. A year is shown only where the parts add up to the revenue above. Fiscal years are labelled by the year they end in.

Profit by segment FY2023 to FY2025

The operating profit each segment reports. Costs Bausch & Lomb does not charge to a segment are left out, so the segments can add up to more than the company's own operating profit.

FY2023FY2024FY2025Margin
FY2025
Vision Care68980884929.0%
Pharmaceuticals24125625820.1%
Surgical5044182.0%
Vision CarePharmaceuticalsSurgical
980FY20231,108FY20241,125FY2025

$ million; the figure over a bar is all the segments together. Hover a block for its profit, sales and margin.

FY2025Share of salesShare of profit
Vision Care57%75%
Pharmaceuticals25%23%
Surgical18%2%

Each column adds to 100%. A segment with a bigger share of the profit than of the sales makes more on each dollar it sells.

From the company's 10-Ks, in its own words (latest 10-K).
Read moreEach year's figures come from the most recent 10-K that includes that year. A year is shown only where every segment with sales that year has an operating profit figure. A margin is a segment's operating profit over its own sales.

Revenue by product or service FY2023 to FY2025

FY2023FY2024FY2025Share
of the parts, latest year
Devices1,6501,8001,92237.7%
OTC1,6111,7241,83436.0%
Pharmaceuticals6189691,08121.2%
Branded and Other Generics2522812434.8%
Other revenues1517210.4%
DevicesOTCPharmaceuticalsBranded and Other GenericsOther revenues
4,146FY20234,791FY20245,101FY2025

$ million; hover a block for its figure and share

From the company's 10-Ks, in its own words (latest 10-K).
Read moreEach year's figures come from the most recent 10-K that includes that year. A year is shown only where the parts add up to the revenue above. Fiscal years are labelled by the year they end in.

Revenue by region FY2023 to FY2025

FY2023FY2024FY2025Share
of the parts, latest year
U.S. and Puerto Rico1,9342,4132,54649.9%
Other65571277715.2%
China3443583587.0%
France2102272464.8%
Japan1871801863.6%
Germany1471521643.2%
RU1061201482.9%
United Kingdom1211321372.7%
Canada1101271352.6%
Italy82911022.0%
Spain85921012.0%
Mexico6875751.5%
PL5165751.5%
South Korea4647511.0%
U.S. and Puerto RicoOtherChinaFranceJapanGermanyRUOther
4,146FY20234,791FY20245,101FY2025

$ million; hover a block for its figure and share

From the company's 10-Ks, in its own words (latest 10-K).
Read moreEach year's figures come from the most recent 10-K that includes that year. A year is shown only where the parts add up to the revenue above. Fiscal years are labelled by the year they end in.

Cash flow and capital returned

FY2020FY2021FY2022FY2023FY2024FY2025TTM
Operating cash flow522873345-17.0232283458
Capital expenditure253193175181291349321
Free cash flow269680170-198-59.0-66.0137
Free cash flow margin7.9%18.1%4.5%-4.8%-1.2%-1.3%2.6%
Cash from investing-256-214-215-2,109-412-455-466
Cash from financing-232-71281.02,078178225118
Depreciation and amortisation442415379382436421411
Share-based compensation50.062.062.074.092.0149163
Diluted shares, weighted350m350m350m350m352m354m357m
Shares outstanding at period endn/a350m350m351m352m354m357m
Filing10-K10-K10-K10-K10-K10-K
Cash paid in the year, from the cash flow statement.
Read moreThe dividend per share is as declared. Diluted shares are the weighted average for the year; a falling count is the buybacks net of issuance. TTM sums the last four quarters; the share counts are the latest quarter's.

Balance sheet at year end

FY2020FY2021FY2022FY2023FY2024FY2025TTM
Funded by
Shareholders' equity9,9889,3297,0336,8506,4736,4486,376
Non-controlling interestn/a73.068.070.071.071.068.0
Debtn/a0.02,4364,5624,7845,0825,115
Operating lease liabilitiesn/a92.092.087.0120125n/a
Other liabilitiesn/a1,3291,5151,8732,0212,2962,300
Total liabilities and equityn/a10,82311,14413,44213,46914,02213,859
Owned
Fixed assetsn/a1,2251,3001,3901,4851,7621,799
Goodwill4,6854,5864,5074,5754,5234,7584,723
Intangible assetsn/a2,2642,0583,5893,4943,2813,169
Cash and equivalents238174354331305383367
Receivablesn/a7217248391,0261,2211,160
Inventoryn/a5726281,0281,036976999
Other assetsn/a1,2811,5731,6901,6001,6411,642
Total assetsn/a10,82311,14413,44213,46914,02213,859
Filing10-K10-K10-K10-K10-K10-K
At the fiscal year end; the TTM column is the latest quarter end.
Read moreBoth totals are the company's own. Other liabilities is the filed total less the rows above it: payables, deferred revenue, taxes, borrowings the rows above do not carry and the rest; other assets is the same on the other side. Investments add the current and non-current lines as filed. Debt is the company's own stated total where it files one, otherwise its long-term debt with the current maturities, never parts added together. A row is left blank in a year where the lines shown overlap and the remainder would fall below nil.

Compounded growth

10 years5 years3 yearsTTM
Sales growth, compoundedn/a8.4%10.6%8.9%
Profit growth, compoundedn/an/an/an/a
Return on equity, averagen/a-2.4%-4.8%-5.6%
Yearly growth, compounded; TTM is the last four quarters against the four before.
Read moreReturn on equity is net income over shareholders' equity at each year end, averaged over the window (the TTM column is the latest year alone); equity is the parent's shareholders' equity as tagged in the 10-K. Arithmetic on filed numbers, nothing forecast.

Questions

What was Bausch & Lomb's revenue in fiscal 2025?

Bausch & Lomb (BLCO) reported revenue of $5.1 billion for fiscal 2025, the year ended 31 December 2025, up 6.5% on the year before.

How much did Bausch & Lomb earn in fiscal 2025?

Net loss was $360 million for fiscal 2025, and the diluted loss per share $1.02.

What is Bausch & Lomb's market cap?

The market cap of Bausch & Lomb was $6.3 billion at the close of 27 October 2026.

How much debt does Bausch & Lomb have?

At 30 June 2026 Bausch & Lomb carried $5.1 billion of debt and $367 million of cash.

Peers: Medical Equipment

CompanyMarket capP/EROEOp. marginSales growth
TTM
Debt to equityDiv. yield
Cooper Companies, Inc. COO$11.4 billion20.446.8%12.8%4.7%0.310.0%
MSA Safety Inc. MSA$6.9 billion22.3122.4%21.2%6.5%0.431.2%
Bausch & Lomb Corp. BLCO$6.3 billionn/a-2.7%6.1%8.9%0.80n/a
Teleflex Inc. TFX$5.9 billionn/a-35.5%2.0%30.7%0.971.0%
Merit Medical Systems Inc. MMSI$5.6 billion38.668.7%12.8%10.2%0.44n/a
Haemonetics Corp. HAE$5.5 billion58.7811.5%11.9%0.4%1.42n/a
MiniMed Group, Inc. MMED$5.3 billionn/an/an/an/a0.00n/a
Heartflow, Inc. HTFL$5.0 billionn/a-42.3%-37.8%n/a0.00n/a
LivaNova plc LIVN$4.4 billion23.7714.2%12.7%12.4%0.22n/a
Warby Parker Inc. WRBY$2.8 billion358.292.0%0.2%11.0%0.00n/a
National Vision Holdings, Inc. EYE$1.3 billion26.525.6%4.1%7.8%0.26n/a
Staar Surgical Co. STAA$1.2 billion345.141.1%4.0%51.3%0.00n/a
All 56 in Medical Equipment
CompanyMarket capP/EROEOp. marginSales growth
TTM
Debt to equityDiv. yield
Intuitive Surgical Inc. ISRG$154.6 billion53.9218.5%28.4%20.5%0.00n/a
Medtronic plc MDT$120.2 billion23.1410.4%18.1%9.8%0.563.0%
Stryker Corp. SYK$115.6 billion31.2415.5%21.4%8.5%0.621.2%
3M Co. MMM$88.7 billion25.5885.7%18.8%1.7%3.631.8%
Boston Scientific Corp. BSX$65.3 billion18.2514.7%19.8%13.5%0.51n/a
Becton Dickinson & Co. BDX$53.1 billion58.743.9%9.6%-2.6%0.692.1%
Edwards Lifesciences Corp. EW$52.4 billion52.189.5%22.3%14.6%0.06n/a
Resmed Inc. RMD$36.2 billion24.0523.1%33.4%9.9%0.101.0%
GE HealthCare Technologies Inc. GEHC$32.1 billion16.3018.1%12.9%6.5%0.920.2%
Dexcom Inc. DXCM$29.7 billion31.0638.1%22.9%15.5%0.47n/a
West Pharmaceutical Services Inc. WST$28.0 billion50.9918.9%20.5%12.4%0.070.2%
Medline Inc. MDLN$27.9 billionn/an/an/an/a1.09n/a
Koninklijke Philips N.V. PHG *$25.4 billion25.378.2%8.0%-1.0%0.741.5%
Steris plc STE$22.3 billion27.9311.2%18.9%8.4%0.261.1%
Zimmer Biomet Holdings, Inc. ZBH$18.3 billion23.386.4%14.2%8.6%0.591.0%
Solventum Corp. SOLV$14.1 billion10.1529.9%25.0%-0.9%1.06n/a
Smith & Nephew plc SNN *$13.2 billion21.0311.8%12.9%6.1%0.592.5%
Baxter International Inc. BAX$12.9 billionn/a-17.1%-2.4%5.4%1.520.8%
Penumbra Inc. PEN$12.8 billion79.6310.5%12.4%17.6%0.00n/a
Cooper Companies, Inc. COO$11.4 billion20.446.8%12.8%4.7%0.310.0%
Globus Medical Inc. GMED$10.9 billion20.7011.2%20.3%19.7%0.00n/a
Align Technology Inc. ALGN$10.8 billion26.439.8%13.2%4.4%0.00n/a
Glaukos Corp. GKOS$10.7 billionn/a-27.6%-31.6%41.5%0.00n/a
Insulet Corp. PODD$10.4 billion28.0126.4%16.9%29.4%0.67n/a
MSA Safety Inc. MSA$6.9 billion22.3122.4%21.2%6.5%0.431.2%
Bausch & Lomb Corp. BLCO$6.3 billionn/a-2.7%6.1%8.9%0.80n/a
Teleflex Inc. TFX$5.9 billionn/a-35.5%2.0%30.7%0.971.0%
Merit Medical Systems Inc. MMSI$5.6 billion38.668.7%12.8%10.2%0.44n/a
Haemonetics Corp. HAE$5.5 billion58.7811.5%11.9%0.4%1.42n/a
MiniMed Group, Inc. MMED$5.3 billionn/an/an/an/a0.00n/a
Heartflow, Inc. HTFL$5.0 billionn/a-42.3%-37.8%n/a0.00n/a
LivaNova plc LIVN$4.4 billion23.7714.2%12.7%12.4%0.22n/a
Integer Holdings Corp. ITGR$4.3 billion34.607.5%9.7%2.7%0.72n/a
ICU Medical Inc. ICUI$4.1 billion138.351.4%3.3%-9.0%0.57n/a
iRhythm Holdings, Inc. IRTC$4.1 billionn/a-7.5%-3.0%25.6%3.50n/a
Envista Holdings Corp. NVST$3.8 billion40.663.1%9.6%11.9%0.47n/a
Pulse Biosciences, Inc. PLSE$3.8 billionn/a-80.5%-7,007.8%n/a0.00n/a
AtriCure, Inc. ATRC$3.1 billion293.192.0%2.3%13.9%0.12n/a
Warby Parker Inc. WRBY$2.8 billion358.292.0%0.2%11.0%0.00n/a
TransMedics Group, Inc. TMDX$2.4 billion17.9229.3%12.2%25.8%0.990.0%
UFP Technologies Inc. UFPT$2.3 billion31.7815.6%15.3%7.3%0.25n/a
Inspire Medical Systems, Inc. INSP$2.1 billion15.4416.4%6.0%4.3%0.00n/a
Axogen, Inc. AXGN$2.0 billionn/a-13.1%-5.1%23.6%0.00n/a
Establishment Labs Holdings Inc. ESTA$2.0 billionn/a-180.0%-7.6%38.6%12.11n/a
Lemaitre Vascular Inc. LMAT$1.9 billion29.3815.6%29.5%11.8%0.401.1%
Dentsply Sirona Inc. XRAY$1.9 billionn/a-40.4%-8.5%-0.8%1.656.8%
Kestra Medical Technologies, Ltd. KMTS$1.8 billionn/a-67.4%-134.5%60.7%0.33n/a
NovoCure Ltd. NVCR$1.7 billionn/a-43.9%-22.1%11.0%0.58n/a
Alphatec Holdings, Inc. ATEC$1.7 billionn/an/a-6.0%19.5%n/an/a
Conmed Corp. CNMD$1.4 billion25.475.4%8.0%3.4%0.801.3%
Tandem Diabetes Care Inc. TNDM$1.3 billionn/a-48.6%-4.4%4.0%4.62n/a
National Vision Holdings, Inc. EYE$1.3 billion26.525.6%4.1%7.8%0.26n/a
Enovis Corp. ENOV$1.2 billionn/a-74.6%-45.1%4.9%0.87n/a
Staar Surgical Co. STAA$1.2 billion345.141.1%4.0%51.3%0.00n/a
Artivion, Inc. AORT$1.1 billionn/a-0.7%4.4%16.4%0.820.0%
Integra LifeSciences Holdings Corp. IART$932 million70.501.2%4.4%0.8%1.71n/a
4 companies share its SEC industry code (Ophthalmic Goods); the rest are the names nearest in size in its wider industry, Medical Equipment, one of the Fama-French 48 industries, a published grouping of SEC industry codes.
Read moreBy market capitalisation; a click on a heading sorts by it, largest first, and a second click turns it round. Each figure is the same arithmetic as the ratio box above, on each company's own filings and latest close; a name marked * is a foreign company that files once a year, on its latest fiscal year.

Filings

FilingPeriodFiledWhere
10-Q30 June 202629 July 2026EDGAR
10-Q31 March 202629 April 2026EDGAR
10-K31 December 202518 February 2026EDGAR
10-Q30 September 202529 October 2025EDGAR
10-Q30 June 202530 July 2025EDGAR
10-Q31 March 202530 April 2025EDGAR
10-K31 December 202419 February 2025EDGAR
10-Q30 September 202430 October 2024EDGAR
10-Q30 June 20241 August 2024EDGAR
10-Q31 March 20241 May 2024EDGAR