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Bausch & Lomb (BLCO) Q1 2026 earnings results (first quarter 2026)

10-Q filed Apr 29, 2026

Bausch & Lomb (BLCO) reported revenue of $1.2B for the first quarter 2026 (Q1 2026), +9% from a year earlier and -11% from the quarter before. Operating margin was 2.7%, net loss $70.0M (5.6% of revenue).

Revenue$1.2B
Year over year+9%
Quarter over quarter-11%
Operating margin2.7%
Net earnings−$70.0M

Bausch & Lomb, Q1 2026: revenue $1.2B (+9% year over year), operating margin 2.7%, net loss $70.0M, operating cash flow $32.0M. The chart follows the revenue to costs, profit and cash.

Q1 2026AmountQ/QY/Y
Revenue$1.2B-11%+9%
Operating profit$33.0M-71%—
Net earnings−$70.0M——
Operating cash flow$32.0M-76%—

What changed

Revenue was $1.2B in Q1 2026, up 9% year over year and down 11% from the previous quarter. Devices was the largest line at 39% of revenue. Pharmaceuticals added $0.04B year over year (up 20%), 41% of the total change. Branded and Other Generics declined 9%.

Operating profit was $0.03B, a 2.7% margin (up 10.0 points year over year). Total costs fell 1% while revenue rose 9%. The fastest-growing cost line was Research & development (+17%). The quarter ended with a net loss of $0.07B, wider than the previous quarter's $0.06B loss. Net interest and other expense of $0.10B was the main reason.

Operating cash flow was $0.03B. Non-cash charges added back $0.10B of depreciation and amortization and $0.03B of share-based compensation. Working capital and other items used $0.03B. Capital expenditures of $0.10B exceeded it, leaving free cash flow of −$0.07B.

Questions

What was Bausch & Lomb's revenue in the first quarter 2026?

Bausch & Lomb (BLCO) reported revenue of $1.2B for the first quarter 2026 (Q1 2026), +9% from a year earlier and -11% from the quarter before.

Was Bausch & Lomb profitable in the first quarter 2026?

Operating profit was $33.0M (2.7% of revenue) and net loss $70.0M.

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Source: Bausch & Lomb 10-Q on SEC EDGAR.