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Bausch & Lomb (BLCO) Q3 2025 earnings results (third quarter 2025)
10-Q filed Oct 29, 2025
Bausch & Lomb (BLCO) reported revenue of $1.3B for the third quarter 2025 (Q3 2025), +7% from a year earlier and +0.2% from the quarter before. Operating margin was 7.4%, net loss $25.0M (2.0% of revenue).
Bausch & Lomb, Q3 2025: revenue $1.3B (+7% year over year), operating margin 7.4%, net loss $25.0M, operating cash flow $137M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.3B | +0.2% | +7% |
| Operating profit | $95.0M | — | — |
| Net earnings | −$25.0M | — | — |
| Operating cash flow | $137M | +291% | -11% |
| Free cash flow | $63.0M | — | -33% |
What changed
Revenue was $1.3B in Q3 2025, up 7% year over year and roughly flat from the previous quarter. Devices was the largest line at 38% of revenue. OTC added $0.03B year over year (up 8%), 40% of the total change. Branded and Other Generics declined 16%.
Operating profit was $0.10B, a 7.4% margin (up 3.8 points year over year). Of the extra revenue versus a year earlier, 61% reached operating profit, above the 4% margin then. Total costs grew 3% against revenue growth of 7%. The fastest-growing cost line was Research & development (+13%). The quarter ended with a net loss of $0.03B, narrower than the previous quarter's $0.06B loss. Net interest and other expense of $0.10B was the main reason.
Operating cash flow was $0.14B (down 11% year over year). Non-cash charges added back $0.11B of depreciation and amortization and $0.03B of share-based compensation. Working capital and other items added $0.03B. Capital expenditures of $0.07B left free cash flow of $0.06B.
Questions
What was Bausch & Lomb's revenue in the third quarter 2025?
Bausch & Lomb (BLCO) reported revenue of $1.3B for the third quarter 2025 (Q3 2025), +7% from a year earlier and +0.2% from the quarter before.
Was Bausch & Lomb profitable in the third quarter 2025?
Operating profit was $95.0M (7.4% of revenue) and net loss $25.0M.
Source: Bausch & Lomb 10-Q on SEC EDGAR.