Bausch Health Companies (BHC) Research & Development (2009 - 2026)
Bausch Health Companies (BHC) posted Research & Development of $141 million for Q3 2026, down 15.1% from $166 million a year earlier and down 18.5% from the prior quarter.
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Analysis
Bausch Health Companies (BHC) Research & Development (2009 - 2026) Analysis & Trends
For the trailing twelve months through Sep 30, 2026, Research & Development at Bausch Health Companies was $638 million, up 1.1% year-over-year; for FY2025, it was $629 million, up 2.1% from FY2024.
- Annual Research & Development has increased for five consecutive years, with a five-year compound annual growth rate of 6.8% (FY2020 to FY2025).
- In prior years, Bausch Health Companies' Research & Development was $616 million in FY2024 (+2.0%), $604 million in FY2023 (+14.2%), $529 million in FY2022 (+13.8%) and $465 million in FY2021 (+2.9%).
- The Q3 2026 figure stands as the lowest quarterly Research & Development since Q3 2022.
- On a year-over-year basis, Research & Development increased in five of the last eight quarters, with growth averaging 3.0%.
- The strongest year-over-year quarter for Research & Development in the past five years was Q2 2023, with growth of 22.8%; the weakest was Q3 2026, with a decline of 15.1%.
- According to Business Quant data, Research & Development for the three prior quarters was $173 million (Q2 2026), $163 million (Q1 2026) and $161 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,261.99 Bn | 1,235.61 Bn | 20.46 Bn | 4.25 Bn |
| 2 | Johnson & Johnson | 678.93 Bn | 598.79 Bn | 17.30 Bn | 4.65 Bn |
| 3 | AbbVie | 518.29 Bn | 486.30 Bn | 13.12 Bn | 2.57 Bn |
| 4 | Merck | 365.98 Bn | 328.92 Bn | 13.19 Bn | 4.54 Bn |
| 5 | Novartis Ag | 316.85 Bn | 290.09 Bn | - | - |
| 6 | Astrazeneca | 293.40 Bn | 267.29 Bn | 13.26 Bn | 3.89 Bn |
| 7 | Amgen | 251.78 Bn | 203.43 Bn | 7.58 Bn | 2.11 Bn |
| 8 | Gilead Sciences | 210.61 Bn | 185.71 Bn | 6.73 Bn | 1.61 Bn |
| 9 | Pfizer | 166.87 Bn | 114.23 Bn | 12.56 Bn | 3.02 Bn |
| 10 | Bausch Health Companies | 3.16 Bn | -3.76 Bn | 2.21 Bn | 141.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 141.00 Mn |
| Jun 30, 2026 | 173.00 Mn |
| 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 |
API Access
Bausch Health Companies Research & Development API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=research-and-development&ticker=BHC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "BHC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=research-and-development&ticker=BHC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();