Bausch & Lomb Corp
Business
Bausch & Lomb is a fully integrated eye health company providing a comprehensive portfolio of approximately 400 products across contact lenses, intraocular lenses, surgical devices, ophthalmic pharmaceuticals, vitamin supplements, lens care products and consumer eye health offerings. The company operates three business segments: Vision Care (contact lenses and consumer eye care), Pharmaceuticals (prescription eye medications and treatments), and Surgical (cataract and vitreoretinal surgical equipment, implantables and consumables). Bausch & Lomb manufactures at 25 facilities across 11 countries and distributes through direct sales forces and independent distributors in approximately 100 countries.
Summary from 10-K filed 2026-02-18
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Total revenues | 5,101 | 4,791 | 4,146 | 3,768 | 3,765 | |
| Selling, general and administrative (Note 3) | 2,234 | 2,082 | 1,736 | 1,478 | 1,389 | |
| Research and development | 371 | 343 | 324 | 307 | 271 | |
| Amortization of intangible assets | 258 | 288 | 240 | 244 | 292 | |
| Other expense, net | 75 | 44 | 74 | 13 | 17 | |
| Total expenses | 4,988 | 4,629 | 4,016 | 3,561 | 3,436 | |
| Operating income | 113 | 162 | 130 | 207 | 329 | |
| Interest income | 12 | 15 | 15 | 6 | 0 | |
| Interest expense | −421 | −399 | −283 | −146 | 0 | |
| Loss on extinguishment of debt | −6 | 0 | 0 | — | — | |
| Foreign exchange and other | −15 | −12 | −28 | 6 | −11 | |
| Loss before provision for income taxes | −317 | −234 | −166 | 73 | 318 | |
| Provision for income taxes | −35 | −71 | −82 | −58 | −125 | |
| Net loss | −352 | −305 | −248 | 15 | 193 | |
| Net income attributable to noncontrolling interest | −8 | −12 | −12 | −9 | −11 | |
| Net loss attributable to Bausch + Lomb Corporation | −360 | −317 | −260 | 6 | 182 | |
| Basic loss per share attributable to Bausch + Lomb Corporation (in usd per share) | −1.02 | −0.9 | −0.74 | 0.02 | 0.52 | |
| Diluted loss per share attributable to Bausch + Lomb Corporation (in usd per share) | −1.02 | −0.9 | −0.74 | 0.02 | 0.52 | |
| Basic weighted-average common shares (in shares) | 354 | 352 | 351 | 350 | 350 | |
| Diluted weighted-average common shares (in shares) | 354 | 352 | 351 | 350 | 350 |
Consolidated Balance Sheet
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 383 | 305 | 331 | 354 | 174 | |
| Restricted cash | 14 | 11 | 3 | 26 | 3 | |
| Trade receivables, net | 1,221 | 1,026 | 839 | 724 | 721 | |
| Inventories, net | 976 | 1,036 | 1,028 | 628 | 572 | |
| Prepaid expenses and other current assets (Note 3) | 383 | 410 | 541 | 405 | 165 | |
| Total current assets | 2,977 | 2,788 | 2,742 | 2,137 | 1,635 | |
| Property, plant and equipment, net | 1,762 | 1,485 | 1,390 | 1,300 | 1,225 | |
| Intangible assets, net | 3,281 | 3,494 | 3,589 | 2,058 | 2,264 | |
| Goodwill | 4,758 | 4,523 | 4,575 | 4,507 | 4,586 | |
| Deferred tax assets, net | 934 | 885 | 921 | 927 | 933 | |
| Other non-current assets (Note 3) | 310 | 294 | 225 | 215 | 180 | |
| Total assets | 14,022 | 13,469 | 13,442 | 11,144 | 10,823 | |
| Accounts payable (Note 3) | 388 | 389 | 522 | 370 | 239 | |
| Accrued and other current liabilities | 1,493 | 1,309 | 1,027 | 901 | 860 | |
| Current portion of long-term debt and other financial liabilities | 39 | 40 | — | — | — | |
| Total current liabilities | 1,920 | 1,738 | 1,579 | 1,296 | 1,099 | |
| Deferred tax liabilities, net | 19 | 13 | 14 | 7 | 24 | |
| Other non-current liabilities | 521 | 430 | 397 | 329 | 298 | |
| Long-term debt and other financial liabilities | 5,043 | 4,744 | — | — | — | |
| Total liabilities | 7,503 | 6,925 | 6,522 | 4,043 | 1,421 | |
| Commitments and contingencies (Notes 19 and 20) | — | — | — | — | — | |
| Common shares, no par value, unlimited shares authorized, 354,209,319 and 352,402,374 issued and outstanding at December 31, 2025 and December 31, 2024, respectively | 0 | 0 | 0 | 0 | 0 | |
| Additional paid-in capital | 8,563 | 8,429 | 8,349 | 8,285 | 0 | |
| Accumulated deficit | −931 | −571 | −254 | 6 | 0 | |
| Accumulated other comprehensive loss | −1,184 | −1,385 | −1,245 | −1,258 | −1,035 | |
| Total Bausch + Lomb Corporation shareholders equity | 6,448 | 6,473 | 6,850 | 7,033 | 9,329 | |
| Noncontrolling interest | 71 | 71 | 70 | 68 | 73 | |
| Total equity | 6,519 | 6,544 | 6,920 | 7,101 | 9,402 | |
| Total liabilities and equity | 14,022 | 13,469 | 13,442 | 11,144 | 10,823 |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Depreciation and amortization of intangible assets | 421 | 436 | 382 | 379 | 415 | |
| Amortization and write-off of debt premiums, discounts and issuance costs | 18 | 20 | 30 | 8 | 0 | |
| Asset impairments | 0 | 5 | 0 | 1 | 12 | |
| Acquisition-related contingent consideration | −27 | −9 | 2 | — | — | |
| Allowances for losses on trade receivables and inventories | 31 | 26 | 21 | 25 | 37 | |
| Deferred income taxes | −32 | −10 | −10 | −90 | 116 | |
| Gain on sale of assets | −6 | −5 | 0 | 0 | — | |
| Share-based compensation | 149 | 92 | 74 | 62 | 62 | |
| Foreign exchange gain | 2 | 10 | 12 | −7 | 12 | |
| Gain excluded from hedge effectiveness | −10 | −13 | −13 | −6 | 0 | |
| Amortization of inventory step-up resulting from acquisitions | 62 | 82 | 23 | — | — | |
| Other | 3 | −10 | −3 | −23 | −1 | |
| Trade receivables | −148 | −227 | −121 | −95 | −107 | |
| Inventories | 38 | −147 | −264 | −106 | −15 | |
| Prepaid expenses and other current assets | 20 | 161 | −147 | −7 | −13 | |
| Accounts payable, accrued and other liabilities | 108 | 126 | 245 | 189 | 163 | |
| Net cash provided by (used in) operating activities | 283 | 232 | −17 | 345 | 873 | |
| Acquisitions and other investments | −122 | −138 | −1,941 | −45 | −16 | |
| Purchases of property, plant and equipment | −349 | −291 | −181 | −175 | −193 | |
| Purchases of marketable securities | −11 | −12 | −17 | −17 | −19 | |
| Proceeds from sale of marketable securities | 8 | 14 | 16 | 22 | 14 | |
| Proceeds from sale of assets and businesses, net of costs to sell | 7 | 2 | 1 | 0 | 0 | |
| Interest settlements from cross-currency swaps | 12 | 13 | 13 | 0 | 0 | |
| Net cash used in investing activities | −455 | −412 | −2,109 | −215 | −214 | |
| Issuance of long-term debt, net of discounts, and other financial liabilities | 3,357 | 631 | 2,276 | 2,440 | 0 | |
| Repayments of debt | −3,096 | −430 | −161 | −13 | 0 | |
| Payment of employee withholding taxes related to share-based awards | −15 | −12 | −10 | 0 | 0 | |
| Payments of financing costs | −12 | 0 | −16 | −3 | 0 | |
| Payments of noncontrolling interest distributions | −9 | −10 | −9 | −11 | −10 | |
| Other | 0 | −1 | −2 | 0 | 0 | |
| Net cash provided by financing activities | 225 | 178 | 2,078 | 81 | −712 | |
| Effect of exchange rate changes on cash and cash equivalents and restricted cash | 28 | −16 | 2 | −8 | −8 | |
| Net increase (decrease) in cash and cash equivalents and restricted cash | 81 | −18 | −46 | 203 | −61 | |
| Accrued purchases of property, plant and equipment | 51 | 56 | 65 | 38 | 31 |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is Bausch & Lomb Corp's CIK number?
Bausch & Lomb Corp's SEC CIK number is 0001860742 (1860742). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find Bausch & Lomb Corp's SEC filings?
All of Bausch & Lomb Corp's EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.
When did Bausch & Lomb Corp last report earnings?
Bausch & Lomb Corp (BLCO) most recently filed an earnings 8-K with the SEC on Apr 29, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001860742-26-000060). This is Bausch & Lomb Corp's most recent earnings filing of record — not a forecast of its next earnings date.
What is Bausch & Lomb Corp's most recent earnings 8-K?
Bausch & Lomb Corp's latest earnings 8-K (Item 2.02) was filed Apr 29, 2026 under accession 0001860742-26-000060. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
View Bausch & Lomb Corp's latest earnings 8-K →
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