Bausch Health Companies (BHC) Gross Margin (2009 - 2026)

Bausch Health Companies' (BHC) quarterly Gross Margin came in at 98.14% in Q1 2026, up 265.0% year-on-year from 26.89% in Q1 2025, and down 2.0% quarter-over-quarter from 100.14% in Q4 2025.

Bausch Health Companies (BHC) Gross Margin (2009 - 2026) Analysis & Trends

Bausch Health Companies has disclosed Gross Margin across 18 years of filings, most recently posting 98.14% for Q1 2026.

  • Gross Margin for Q1 2026 came in at 98.14%, up 265.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 94.74% (down 191.0% YoY), and the FY2025 annual result was 100.0%, up 466.0% from the prior year.
  • Gross Margin came in at 98.14% for Q1 2026 at Bausch Health Companies, down from 100.14% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 176.11% in Q4 2022 to a low of 70.58% in Q1 2023.
  • The 5-year median for Gross Margin is 98.01% (2023), against an average of 95.67%.
  • Across the five-year window, Gross Margin soared 7635 bps in 2022 and tumbled 7810 bps in 2023, its largest moves.
  • Bausch Health Companies' Gross Margin stood at 176.11% in 2022, then sank by 44 bps to 98.01% in 2023, then fell by 2 bps to 95.66% in 2024, then increased by 5 bps to 100.14% in 2025, then slipped by 2 bps to 98.14% in 2026.
  • The last three Gross Margin figures came in at 98.14% (Q1 2026), 100.14% (Q4 2025), and 81.01% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Teva Pharmaceutical Industries 39.72 Bn 35.98 Bn 1.97 Bn 49.52%
2 Zoetis 34.61 Bn 32.67 Bn 1.62 Bn 71.66%
3 United Therapeutics 24.07 Bn 21.91 Bn 648.10 Mn 82.93%
4 Aurora Cannabis 16.98 Bn 16.91 Bn 33.43 Mn 49.50%
5 Neurocrine Biosciences 16.64 Bn 15.32 Bn 800.70 Mn 98.31%
6 Elanco Animal Health 12.19 Bn 11.76 Bn 785.00 Mn 57.26%
7 Alkermes 7.37 Bn 6.86 Bn -116.06 Mn -293.83%
8 Hims & Hers Health 6.62 Bn 5.87 Bn 396.79 Mn 65.25%
9 Lantheus Holdings 6.47 Bn 5.97 Bn 230.92 Mn 61.20%
10 Bausch Health Companies 1.93 Bn 1.59 Bn 2.48 Bn 98.14%

Historic Data

Download Data
DateValue
Mar 31, 2026 98.14%
Dec 31, 2025 100.14%
Sep 30, 2025 81.01%
Jun 30, 2025 99.92%
Mar 31, 2025 95.48%
Dec 31, 2024 95.66%
Sep 30, 2024 95.50%
Jun 30, 2024 100.00%
Mar 31, 2024 100.00%
Dec 31, 2023 98.01%
Sep 30, 2023 72.65%
Jun 30, 2023 99.58%
Mar 31, 2023 70.58%
Dec 31, 2022 176.11%
Sep 30, 2022 71.99%
Jun 30, 2022 99.54%
Mar 31, 2022 72.05%
Dec 31, 2021 99.75%
Sep 30, 2021 72.81%
Jun 30, 2021 99.62%