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

Bausch Health Companies' (BHC) quarterly Operating Expenses came in at $3.5 billion in Q1 2026, up 75.19% year-on-year from $2.0 billion in Q1 2025, and up 49.61% quarter-over-quarter from $2.3 billion in Q4 2025.

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

Bausch Health Companies has disclosed Operating Expenses across 18 years of filings, most recently posting $3.5 billion for Q1 2026.

  • Operating Expenses for Q1 2026 came in at $3.5 billion, up 75.19% year-over-year; the trailing twelve-month figure through Mar 2026 was $9.9 billion (up 21.42% YoY), and the FY2025 annual result was $8.5 billion, up 4.63% from the prior year.
  • Operating Expenses came in at $3.5 billion for Q1 2026 at Bausch Health Companies, up 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.
  • The 5-year median for Operating Expenses is $2.0 billion (2024), against an average of $2.1 billion.
  • Across the five-year window, Operating Expenses decreased 27.36% in 2022 and jumped 75.19% in 2026, its largest moves.
  • Bausch Health Companies' Operating Expenses stood at $2.4 billion in 2022, then slipped by 15.77% to $2.0 billion in 2023, then dropped by 2.2% to $2.0 billion in 2024, then advanced by 16.04% to $2.3 billion in 2025, then surged by 49.61% to $3.5 billion in 2026.
  • The last three Operating Expenses figures came in at $3.5 billion (Q1 2026), $2.3 billion (Q4 2025), and $2.1 billion (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Teva Pharmaceutical Industries 38.34 Bn 34.60 Bn 1.97 Bn 526.00 Mn
2 Zoetis 33.27 Bn 31.33 Bn 1.62 Bn 788.00 Mn
3 United Therapeutics 23.75 Bn 21.60 Bn 648.10 Mn 455.70 Mn
4 Aurora Cannabis 17.11 Bn 17.03 Bn 33.43 Mn 19.40 Mn
5 Neurocrine Biosciences 16.37 Bn 15.05 Bn 800.70 Mn 621.10 Mn
6 Elanco Animal Health 11.78 Bn 11.35 Bn 785.00 Mn 478.00 Mn
7 Alkermes 7.05 Bn 6.54 Bn -116.06 Mn 441.19 Mn
8 Lantheus Holdings 6.49 Bn 5.99 Bn 230.92 Mn 96.91 Mn
9 Hims & Hers Health 6.19 Bn 5.44 Bn 396.79 Mn 475.11 Mn
10 Bausch Health Companies 1.91 Bn 1.58 Bn 2.48 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