Bausch Health Companies (BHC) Research & Development (2009 - 2026)
Bausch Health Companies (BHC) posted Research & Development of $173 million for Q2 2026, up 8.8% from $159 million a year earlier and up 6.1% 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 Jun 30, 2026, Research & Development at Bausch Health Companies was $663 million, up 8.5% 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 Q2 2026 figure stands as the highest quarterly Research & Development in data going back to Q2 2009.
- On a year-over-year basis, Research & Development increased in five of the last eight quarters, with growth averaging 4.3%.
- 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 Q1 2025, with a decline of 5.3%.
- According to Business Quant data, Research & Development for the three prior quarters was $163 million (Q1 2026), $161 million (Q4 2025) and $166 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Johnson & Johnson | 655.56 Bn | 574.09 Bn | 17.26 Bn | 3.65 Bn |
| 2 | AbbVie | 470.94 Bn | 444.10 Bn | 12.70 Bn | 2.34 Bn |
| 3 | Merck | 367.14 Bn | 321.57 Bn | 12.21 Bn | 9.74 Bn |
| 4 | Novartis Ag | 280.33 Bn | 236.20 Bn | 11.24 Bn | -2.85 Bn |
| 5 | Astrazeneca | 257.78 Bn | 231.34 Bn | 12.86 Bn | -4.05 Bn |
| 6 | Amgen | 226.04 Bn | 181.44 Bn | 7.24 Bn | 1.87 Bn |
| 7 | Gilead Sciences | 188.89 Bn | 163.01 Bn | 6.22 Bn | 1.76 Bn |
| 8 | Pfizer | 163.75 Bn | 110.70 Bn | 10.94 Bn | 2.81 Bn |
| 9 | Vertex Pharmaceuticals | 133.68 Bn | 105.69 Bn | 2.84 Bn | 993.80 Mn |
| 10 | Bausch Health Companies | 2.16 Bn | -2.61 Bn | 2.08 Bn | 173.00 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 |
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();