Bausch Health Companies (BHC) Research & Development (2009 - 2026)
Bausch Health Companies' (BHC) quarterly Research & Development came in at $163.0 million in Q1 2026, up 13.99% year-on-year from $143.0 million in Q1 2025, and up 1.24% quarter-over-quarter from $161.0 million in Q4 2025.
Bausch Health Companies (BHC) Research & Development (2009 - 2026) Analysis & Trends
Bausch Health Companies has disclosed Research & Development across 18 years of filings, most recently posting $163.0 million for Q1 2026.
- Research & Development for Q1 2026 came in at $163.0 million, up 13.99% year-over-year; the trailing twelve-month figure through Mar 2026 was $564.0 million (down 7.24% YoY), and the FY2025 annual result was $629.0 million, up 2.11% from the prior year.
- Research & Development came in at $163.0 million for Q1 2026 at Bausch Health Companies, up from $161.0 million in the prior quarter.
- In the past five years, Research & Development ranged from a high of $163.0 million in Q4 2024 to a low of $81.0 million in Q3 2025.
- The 5-year median for Research & Development is $151.0 million (2024), against an average of $144.5 million.
- Across the five-year window, Research & Development rose 22.83% in 2023 and tumbled 44.52% in 2025, its largest moves.
- Bausch Health Companies' Research & Development stood at $142.0 million in 2022, then gained by 7.04% to $152.0 million in 2023, then climbed by 7.24% to $163.0 million in 2024, then declined by 1.23% to $161.0 million in 2025, then climbed by 1.24% to $163.0 million in 2026.
- The last three Research & Development figures came in at $163.0 million (Q1 2026), $161.0 million (Q4 2025), and $81.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Teva Pharmaceutical Industries | 38.34 Bn | 34.60 Bn | 1.97 Bn | 222.00 Mn |
| 2 | Zoetis | 33.27 Bn | 31.33 Bn | 1.62 Bn | 180.00 Mn |
| 3 | United Therapeutics | 23.75 Bn | 21.60 Bn | 648.10 Mn | 138.20 Mn |
| 4 | Aurora Cannabis | 17.11 Bn | 17.03 Bn | 33.43 Mn | 934,363.43 |
| 5 | Neurocrine Biosciences | 16.37 Bn | 15.05 Bn | 800.70 Mn | 296.20 Mn |
| 6 | Elanco Animal Health | 11.78 Bn | 11.35 Bn | 785.00 Mn | 97.00 Mn |
| 7 | Alkermes | 7.05 Bn | 6.54 Bn | -116.06 Mn | 103.35 Mn |
| 8 | Lantheus Holdings | 6.49 Bn | 5.99 Bn | 230.92 Mn | 39.38 Mn |
| 9 | Hims & Hers Health | 6.19 Bn | 5.44 Bn | 396.79 Mn | 46.94 Mn |
| 10 | Bausch Health Companies | 1.91 Bn | 1.58 Bn | 2.48 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 | 81.00 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 |