Bausch Health Companies (BHC) Operating Expenses (2009 - 2026)

Bausch Health Companies (BHC) reported Operating Expenses of $3.5 billion for Q1 2026, up 75.19% on a YoY basis from $2.0 billion in Q1 2025, and up 49.61% sequentially from $2.3 billion in Q4 2025.

Bausch Health Companies (BHC) Operating Expenses (2009 - 2026) Analysis & Trends

Bausch Health Companies (BHC) has 18 years of Operating Expenses data on file, last reported at $3.5 billion in Q1 2026.

  • For the quarter ending Q1 2026, Operating Expenses rose 75.19% year-over-year to $3.5 billion; the trailing twelve-month figure through Mar 2026 stood at $9.9 billion (up 21.42% YoY), and the FY2025 full-year result was $8.5 billion, up 4.63% from the prior year.
  • Operating Expenses rose to $3.5 billion in Q1 2026, from $2.3 billion in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $3.5 billion in Q1 2026 to a low of $1.6 billion in Q1 2022.
  • A 5-year average of $2.1 billion and a median of $2.0 billion in 2024 frame the typical range for Operating Expenses.
  • Across the five-year window, Operating Expenses decreased 27.36% in 2022 and jumped 75.19% in 2026, its largest moves.
  • Tracing BHC's Operating Expenses over 5 years: stood at $2.4 billion in 2022, then decreased by 15.77% to $2.0 billion in 2023, then slipped by 2.2% to $2.0 billion in 2024, then gained by 16.04% to $2.3 billion in 2025, then jumped by 49.61% to $3.5 billion in 2026.
  • Business Quant data shows BHC's Operating Expenses at $3.5 billion in Q1 2026, $2.3 billion in Q4 2025, and $2.1 billion in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Haleon 88.07 Bn 86.20 Bn - -
2 Teva Pharmaceutical Industries 35.75 Bn 32.01 Bn 1.97 Bn 1.00 Bn
3 Zoetis 31.84 Bn 29.90 Bn 1.62 Bn 788.00 Mn
4 Takeda Pharmaceutical 27.18 Bn 23.12 Bn 4.39 Bn 12.58 Bn
5 United Therapeutics 23.09 Bn 20.93 Bn 648.10 Mn 455.70 Mn
6 RedHill Biopharma 21.32 Bn 21.32 Bn - -
7 Viatris 19.96 Bn 18.16 Bn 1.16 Bn 1.24 Bn
8 Neurocrine Biosciences 17.66 Bn 16.34 Bn 800.70 Mn 621.10 Mn
9 Elanco Animal Health 12.44 Bn 12.02 Bn 785.00 Mn 494.00 Mn
10 Bausch Health Companies 1.65 Bn 333.91 Mn 2.52 Bn 3.47 Bn

Historic Data

Download Data
DateValue
Mar 31, 2026 3.47 Bn
Dec 31, 2025 2.32 Bn
Sep 30, 2025 2.06 Bn
Jun 30, 2025 2.09 Bn
Mar 31, 2025 1.98 Bn
Dec 31, 2024 2.00 Bn
Sep 30, 2024 2.19 Bn
Jun 30, 2024 2.01 Bn
Mar 31, 2024 1.87 Bn
Dec 31, 2023 2.05 Bn
Sep 30, 2023 2.22 Bn
Jun 30, 2023 1.76 Bn
Mar 31, 2023 1.77 Bn
Dec 31, 2022 2.43 Bn
Sep 30, 2022 1.80 Bn
Jun 30, 2022 1.81 Bn
Mar 31, 2022 1.63 Bn
Dec 31, 2021 1.83 Bn
Sep 30, 2021 1.54 Bn
Jun 30, 2021 2.37 Bn