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
DateValue
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