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| Date | Value |
|---|---|
| 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% |