KPIs & Operating Metrics(New)
Growth Metrics

Bausch Health Companies (BHC) Gross Margin (2016 - 2025)

Bausch Health Companies' Gross Margin history spans 17 years, with the latest figure at 105.15% for Q4 2025.

  • For Q4 2025, Gross Margin fell 790.0% year-over-year to 105.15%; the TTM value through Dec 2025 reached 99.95%, up 357.0%, while the annual FY2025 figure was 99.95%, 1.0% down from the prior year.
  • Gross Margin for Q4 2025 was 105.15% at Bausch Health Companies, up from 99.48% in the prior quarter.
  • Across five years, Gross Margin topped out at 175.75% in Q4 2023 and bottomed at 67.9% in Q4 2021.
  • The 5-year median for Gross Margin is 99.49% (2025), against an average of 96.94%.
  • The largest annual shift saw Gross Margin surged 7598bps in 2023 before it plummeted -6270bps in 2024.
  • A 5-year view of Gross Margin shows it stood at 67.9% in 2021, then soared by 47bps to 99.77% in 2022, then surged by 76bps to 175.75% in 2023, then crashed by -36bps to 113.05% in 2024, then dropped by -7bps to 105.15% in 2025.
  • Per Business Quant, the three most recent readings for BHC's Gross Margin are 105.15% (Q4 2025), 99.48% (Q3 2025), and 98.7% (Q2 2025).