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Bausch Health Companies (BHC) Q3 2026 earnings results (third quarter 2026)

10-Q filed Oct 29, 2026

Bausch Health Companies (BHC) reported revenue of $2.9B for the third quarter 2026 (Q3 2026), +10% from a year earlier and +3% from the quarter before. Operating margin was 33.4%, net earnings $436M (14.8% of revenue).

Revenue$2.9B
Year over year+10%
Quarter over quarter+3%
Operating margin33.4%
Net earnings$436M

Bausch Health Companies, Q3 2026: revenue $2.9B (+10% year over year), operating margin 33.4%, net earnings $436M, operating cash flow $814M. The chart follows the revenue to costs, profit and cash.

Q3 2026AmountQ/QY/Y
Revenue$2.9B+3%+10%
Operating profit$983M+33%+59%
Net earnings$436M+69%+144%
Operating cash flow$814M+21%+101%
Free cash flow$748M+26%+138%

What changed

Revenue was $2.9B in Q3 2026, up 10% year over year and up 3% from the previous quarter. Product sales was the largest line at 99% of revenue. Product sales added $0.26B year over year (up 10%), 98% of the total change.

Operating profit was $1.0B, a 33.4% margin (up 10.3 points year over year). Of the extra revenue versus Q3 2025, 140% reached operating profit, above the 23% margin then. Total costs fell 5% while revenue rose 10%. Net earnings were $0.44B, up 144% year over year. The effective tax rate was 25.3%.

Operating cash flow was $0.81B (up 101% year over year), 183% of net income including minority interests. Non-cash charges added back $0.28B of depreciation and amortization and $0.05B of share-based compensation. Capital expenditures of $0.07B left free cash flow of $0.75B.

Questions

What was Bausch Health Companies' revenue in the third quarter 2026?

Bausch Health Companies (BHC) reported revenue of $2.9B for the third quarter 2026 (Q3 2026), +10% from a year earlier and +3% from the quarter before.

Was Bausch Health Companies profitable in the third quarter 2026?

Operating profit was $983M (33.4% of revenue) and net earnings $436M.

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Source: Bausch Health Companies 10-Q on SEC EDGAR.