Bausch Health Companies (BHC) Research & Development (2009 - 2026)
Bausch Health Companies' (BHC) quarterly Research & Development came in at $173.0 million in Q2 2026, up 8.81% year-over-year from $159.0 million in Q2 2025, and up 6.13% quarter-over-quarter from $163.0 million in Q1 2026.
Analysis
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 $173.0 million for Q2 2026.
- In Q2 2026, Research & Development rose 8.81% year-over-year to $173.0 million; the TTM figure through Jun 2026 stood at $663.0 million (up 8.51% YoY), while the FY2025 annual figure was $629.0 million, up 2.11% from the prior year.
- Research & Development came in at $173.0 million for Q2 2026 at Bausch Health Companies, up from $163.0 million in the prior quarter.
- In the past five years, Research & Development ranged from a high of $173.0 million in Q2 2026 to a low of $127.0 million in Q1 2022.
- Average Research & Development over 5 years is $150.8 million, with a median of $152.5 million recorded in 2023.
- Year-over-year, Research & Development gained 22.83% in 2023 and retreated 5.3% in 2025.
- Over 5 years, 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 grew by 7.45% to $173.0 million in 2026.
- Per Business Quant data, the three most recent Research & Development figures were $173.0 million in Q2 2026, $163.0 million in Q1 2026, and $161.0 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Teva Pharmaceutical Industries | 42.84 Bn | 39.19 Bn | 2.15 Bn | 970.00 Mn |
| 2 | Viatris | 19.13 Bn | 18.24 Bn | 1.46 Bn | 248.30 Mn |
| 3 | Dr Reddys Laboratories | 9.91 Bn | 9.74 Bn | 396.53 Mn | 60.90 Mn |
| 4 | Amneal Pharmaceuticals | 5.51 Bn | 5.38 Bn | 334.51 Mn | 39.02 Mn |
| 5 | Bausch Health Companies | 2.30 Bn | 464.50 Mn | 2.10 Bn | 173.00 Mn |
| 6 | Alvotech | 1.50 Bn | 1.36 Bn | 2.56 Mn | -21.86 Mn |
| 7 | Ani Pharmaceuticals | 1.49 Bn | 1.13 Bn | 165.89 Mn | 14.75 Mn |
| 8 | Amphastar Pharmaceuticals | 1.00 Bn | 714.13 Mn | 93.47 Mn | 22.16 Mn |
| 9 | Fennec Pharmaceuticals | 402.10 Mn | 360.85 Mn | 17.15 Mn | 10.66 Mn |
| 10 | RedHill Biopharma | 178.35 Mn | 178.35 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |
| Sep 30, 2021 | 121.00 Mn |