Bausch Health Companies (BHC) Research & Development (2009 - 2026)
Bausch Health Companies (BHC) reported Research & Development of $163.0 million for Q1 2026, up 13.99% on a YoY basis from $143.0 million in Q1 2025, and up 1.24% sequentially from $161.0 million in Q4 2025.
Bausch Health Companies (BHC) Research & Development (2009 - 2026) Analysis & Trends
Bausch Health Companies (BHC) has 18 years of Research & Development data on file, last reported at $163.0 million in Q1 2026.
- For the quarter ending Q1 2026, Research & Development rose 13.99% year-over-year to $163.0 million; the trailing twelve-month figure through Mar 2026 stood at $649.0 million (up 6.74% YoY), and the FY2025 full-year result was $629.0 million, up 2.11% from the prior year.
- Research & Development rose to $163.0 million in Q1 2026, from $161.0 million in the prior quarter.
- In the past five years, Research & Development ranged from a high of $166.0 million in Q3 2025 to a low of $127.0 million in Q1 2022.
- A 5-year average of $149.5 million and a median of $152.0 million in 2023 frame the typical range for Research & Development.
- Across the five-year window, Research & Development rose 22.83% in 2023 and fell 5.3% in 2025, its largest moves.
- Tracing BHC's Research & Development over 5 years: stood at $142.0 million in 2022, then rose by 7.04% to $152.0 million in 2023, then advanced by 7.24% to $163.0 million in 2024, then dropped by 1.23% to $161.0 million in 2025, then advanced by 1.24% to $163.0 million in 2026.
- Business Quant data shows BHC's Research & Development at $163.0 million in Q1 2026, $161.0 million in Q4 2025, and $166.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Haleon | 87.22 Bn | 85.35 Bn | - | - |
| 2 | Teva Pharmaceutical Industries | 39.60 Bn | 35.87 Bn | 1.97 Bn | 696.00 Mn |
| 3 | Zoetis | 31.46 Bn | 29.52 Bn | 1.62 Bn | 180.00 Mn |
| 4 | Takeda Pharmaceutical | 26.49 Bn | 22.44 Bn | 4.39 Bn | 7.37 Bn |
| 5 | United Therapeutics | 23.03 Bn | 20.88 Bn | 648.10 Mn | 138.20 Mn |
| 6 | Universe Pharmaceuticals | 23.03 Bn | -10.56 Bn | - | - |
| 7 | Viatris | 20.90 Bn | 19.09 Bn | 1.16 Bn | 248.60 Mn |
| 8 | Neurocrine Biosciences | 17.50 Bn | 16.19 Bn | 800.70 Mn | 296.20 Mn |
| 9 | Elanco Animal Health | 12.33 Bn | 11.91 Bn | 785.00 Mn | 97.00 Mn |
| 10 | Bausch Health Companies | 1.66 Bn | 1.33 Bn | 2.52 Bn | 163.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 163.00 Mn |
| Dec 31, 2025 | 161.00 Mn |
| Sep 30, 2025 | 166.00 Mn |
| Jun 30, 2025 | 159.00 Mn |
| Mar 31, 2025 | 143.00 Mn |
| Dec 31, 2024 | 163.00 Mn |
| Sep 30, 2024 | 146.00 Mn |
| Jun 30, 2024 | 156.00 Mn |
| Mar 31, 2024 | 151.00 Mn |
| Dec 31, 2023 | 152.00 Mn |
| Sep 30, 2023 | 153.00 Mn |
| Jun 30, 2023 | 156.00 Mn |
| Mar 31, 2023 | 143.00 Mn |
| Dec 31, 2022 | 142.00 Mn |
| Sep 30, 2022 | 133.00 Mn |
| Jun 30, 2022 | 127.00 Mn |
| Mar 31, 2022 | 127.00 Mn |
| Dec 31, 2021 | 117.00 Mn |
| Sep 30, 2021 | 121.00 Mn |
| Jun 30, 2021 | 115.00 Mn |