Bausch + Lomb Corporation logo BLCO - Bausch + Lomb Corporation

Price: -- -- | CONSENSUS: Hold DETAILS
STRONG
BUY 0
BUY 7
HOLD 8
SELL 1
STRONG
SELL 0
| PRICE TARGET: $18.88 DETAILS
HIGH: $21.00
LOW: $16.00
MEDIAN: $19.50
CONSENSUS: $18.88
UPSIDE: 18.59%
Annual Quarterly
Metric 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4 2020 Q3 2020 Q2 2020 Q1
Revenue
Revenue 1,244 1,405 1,281 1,278 1,137 1,280 1,196 1,216 1,099 1,173 1,007 1,035 931 996 942 941 889 1,001 949 934 881 944 916 776 776
Cost of Revenue 540 589 578 592 549 501 464 483 424 461 392 417 372 420 372 379 348 403 364 367 333 370 330 292.5 292.5
Gross Profit 704 816 703 686 588 779 732 733 675 712 615 618 559 576 570 562 541 598 585 567 548 574 586 483.5 483.5
Operating Expenses
R&D Expenses 101 94 95 96 86 93 84 84 82 80 82 85 77 78 77 75 77 74 63 72 67 77 61 63 63
SG&A Expenses 544 564 528 579 563 532 511 535 504 483 418 417 418 386 381 368 343 365 348 358 318 331 312 305 305
Other Expenses 0 0 0 0 0 67 94 88 83 100 75 73 66 61 66 63 67 67 80 79 78 83 92 87.5 87.5
Operating Expenses 645 658 623 675 649 692 689 707 669 663 575 575 561 525 524 506 487 506 491 509 463 491 465 455.5 455.5
Operating Income
Operating Income 59 158 80 11 (61) 87 43 26 6 49 40 43 (2) 51 46 56 54 92 94 58 85 83 121 28 28
Interest Expense 100 100 103 131 97 98 100 102 99 99 76 58 50 47 35 44 20 0 0 0 0 0 0 0 0
Interest Income 4 3 3 3 3 5 4 3 3 3 4 5 3 3 2 1 0 0 0 0 0 1 1 0.5 0.5
Profitability
EBITDA 160 257 189 118 45 194 152 136 119 158 123 132 86 138 147 169 144 192 186 178 183 196 233 141.5 141.5
EBIT 59 158 80 11 (61) 88 42 26 9 42 41 39 (5) 45 54 71 49 92 88 67 77 90 120 30 30
Income Before Tax (64) 13 (3) (147) (180) (10) (58) (76) (90) (57) (35) (19) (55) (2) 19 27 29 86 88 67 77 103 130 28.5 28.5
Income Tax Expense 6 71 22 (89) 31 (8) (66) 72 73 (6) 45 10 33 (2) 34 20 6 32 25 21 47 311 46 (25) (25)
Net Income (71) (58) (28) (62) (212) (3) 4 (151) (167) (54) (84) (32) (90) (1) (18) 5 20 51 60 44 27 (209) 85 53 53
Per Share Data
EPS (Basic) -0.20 -0.16 -0.08 -0.18 -0.60 -0.01 0.01 -0.43 -0.48 -0.15 -0.24 -0.09 -0.25 -0.00 -0.04 0.01 0.06 0.15 0.17 0.13 0.08 -0.60 0.24 0.15 0.15
EPS (Diluted) -0.20 -0.16 -0.08 -0.18 -0.60 -0.01 0.01 -0.43 -0.48 -0.15 -0.24 -0.09 -0.25 -0.00 -0.04 0.01 0.06 0.15 0.17 0.13 0.08 -0.60 0.24 0.15 0.15
Shares Outstanding 355.2 354.4 354.2 353.7 352.8 351.8 351.9 351.8 351.1 350.8 350.8 350.5 350 350 350 350 350 350 350 350 350 350 350 350 350
Metric 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2020 Q4
Current Assets
Cash & Cash Equivalents 268 383 310 272 202 305 329 302 325 334 360 384 346 380 287 437 190 174 130 278 238
Short-Term Investments 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Net Receivables 1,106 1,221 1,094 1,088 1,007 1,026 943 1,010 960 875 783 791 714 726 685 674 737 721 655 658 645
Inventory 977 976 1,005 1,051 1,031 1,036 1,119 1,069 1,073 1,028 754 699 697 628 605 606 598 572 606 617 616
Other Current Assets 425 397 451 435 454 421 437 388 385 505 567 441 427 403 84 9 194 3 3 3 155
Total Current Assets 2,776 2,977 2,855 2,846 2,694 2,788 2,828 2,769 2,743 2,742 2,464 2,315 2,184 2,137 1,859 2,001 1,719 1,635 1,561 1,732 1,654
Non-Current Assets
Property, Plant & Equipment 1,794 1,762 1,711 1,680 1,581 1,485 1,481 1,430 1,397 1,504 1,284 1,294 1,296 1,419 1,222 1,243 1,225 1,337 1,186 1,188 1,264
Goodwill 4,737 4,758 4,657 4,667 4,567 4,523 4,581 4,538 4,547 4,575 4,526 4,540 4,522 4,507 4,415 4,493 4,553 4,586 4,610 4,650 4,685
Intangible Assets 3,226 3,281 3,328 3,361 3,427 3,494 3,384 3,437 3,515 3,589 3,662 2,021 2,031 2,058 2,068 2,131 2,196 2,264 2,318 2,402 2,562
Long-Term Investments 0 7 0 7 7 19 19 19 19 19 12 12 12 12 0 0 0 0 0 0 0
Other Non-Current Assets 302 303 303 298 288 275 291 230 212 92 200 195 201 84 228 222 188 1,001 178 1,236 65
Total Non-Current Assets 11,004 11,045 10,977 10,986 10,734 10,681 10,687 10,481 10,550 10,700 10,604 9,000 8,985 9,007 8,837 9,001 9,188 9,188 9,476 9,476 9,612
Total Assets 13,780 14,022 13,832 13,832 13,428 13,469 13,515 13,250 13,293 13,442 13,068 11,315 11,169 11,144 10,696 11,002 10,907 10,823 11,037 11,208 11,266
Current Liabilities
Account Payables 407 388 395 449 427 389 455 405 426 522 364 348 389 317 295 357 251 239 252 235 178
Short-Term Debt 39 77 28 28 40 40 30 30 30 57 30 25 25 51 25 25 60 28 0 0 18
Deferred Revenue 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Current Liabilities 1,374 1,455 1,473 1,079 1,259 1,277 1,028 959 972 709 720 464 384 732 454 652 362 356 540 423 544
Total Current Liabilities 1,820 1,920 1,896 1,840 1,726 1,738 1,801 1,676 1,617 1,579 1,386 1,325 1,254 1,296 1,199 1,273 1,092 1,099 1,124 1,063 909
Non-Current Liabilities
Long-Term Debt 0 5,168 4,922 4,931 4,789 4,744 4,599 4,602 4,554 4,532 4,435 2,604 2,508 2,411 2,413 2,417 2,220 0 0 0 0
Deferred Tax Liabilities 19 19 14 14 13 13 12 14 14 14 11 14 14 7 10 10 103 0 176 0 0
Other Non-Current Liabilities 5,489 271 500 539 467 310 442 378 379 310 353 342 341 237 279 331 276 230 343 394 286
Total Non-Current Liabilities 5,508 5,583 5,436 5,484 5,269 5,187 5,053 4,994 4,947 4,943 4,799 2,960 2,863 2,747 2,702 2,758 2,599 322 519 394 369
Total Liabilities 7,328 7,503 7,332 7,324 6,995 6,925 6,854 6,670 6,564 6,522 6,185 4,285 4,117 4,043 3,901 4,031 3,691 1,421 1,643 1,457 1,278
Stockholders' Equity
Common Stock 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 10,364 10,345 10,624 10,807
Retained Earnings (1,002) (931) (873) (845) (783) (571) (568) (572) (421) (254) (200) (116) (84) 6 7 25 20 0 0 0 0
Accumulated Other Comprehensive Income (1,199) (1,184) (1,198) (1,191) (1,304) (1,385) (1,248) (1,306) (1,283) (1,245) (1,317) (1,247) (1,238) (1,258) (1,386) (1,217) (1,099) (1,035) (1,020) (949) (889)
Total Stockholders' Equity 6,379 6,448 6,429 6,440 6,361 6,473 6,589 6,504 6,659 6,850 6,817 6,958 6,983 7,033 6,729 6,896 7,140 9,329 9,325 9,675 9,918
Total Liabilities & Equity 13,780 14,022 13,832 13,832 13,428 13,469 13,515 13,250 13,293 13,442 13,068 11,315 11,169 11,144 10,696 11,002 10,907 10,823 11,037 11,208 11,266
Debt Metrics
Total Debt 39 5,370 4,950 4,959 4,829 4,936 4,629 4,632 4,584 4,676 4,465 2,629 2,533 2,554 2,438 2,442 2,280 140 0 0 101
Net Debt (229) 4,987 4,640 4,687 4,627 4,631 4,300 4,330 4,259 4,342 4,105 2,245 2,187 2,174 2,151 2,005 2,090 (34) (130) (278) (137)
Metric 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4 2020 Q3 2020 Q2 2020 Q1
Operating Activities
Net Income (71) (58) (28) (58) (211) (2) 8 (148) (163) (51) (80) (29) (88) (1) (15) 7 23 54 63 46 30 (208) 85 53 53
Depreciation & Amortization 101 99 109 107 106 106 110 110 110 116 82 93 91 93 93 98 95 100 98 111 106 106 113 111.5 111.5
Stock-Based Compensation 34 0 0 30 28 27 24 22 19 16 16 18 24 0 18 11 16 17 16 15 14 12 13 12.5 12.5
Change in Working Capital (46) (68.3) 37.4 48 0 (182) 98 (14) 11 (100) 1 (92) (95) 86.9 (85) 63 (85) (128) 83 79 (6) 30 (84) 45.5 45.5
Other Non-Cash Items 26 96.2 25.4 17 34 45.1 20 21 20 35 19 11 6 17.2 14 (25) (3) 12 24 5 18 (7) 77 (130.5) (130.5)
Operating Cash Flow 32 134.3 139.1 35 (25) 22 154 15 41 15 48 (24) (56) 148.1 27 156 3 162 273 250 188 134 204 92 92
Investing Activities
Capital Expenditure (100) (72.5) (74.5) (89) (110) (92) (60) (72) (67) (84) (30) (30) (37) (45.0) (54) (34) (42) (78) (41) (45) (45) (79) (67) (55.5) (55.5)
Acquisitions 0 (0.1) 7.1 0 (12) (91) (45) (1) (1) (49) (1,861) 3 (31) 0 (5) 0 0 (16) 0 0 0 4 0 0 0
Purchases of Investments (1) (114.0) (1.0) (1) (4) (5) (2) (3) (2) (4) (2) (3) (8) (1.6) (1) (9) (5) (5) (2) (7) (5) (2) 0 0 0
Sales/Maturities of Investments 1 1.9 1.0 1 4 2.8 4 1 6 2 4 4 6 1.5 6 8 6 3 3 6 2 2 0 0 0
Other Investing Activities (30) (0.2) 6.1 (1) 6 1.0 7 1 7 (0.2) 7 (2) 6 0 5 0 0 15 0 1 0 (4) (2) 1.5 1.5
Investing Cash Flow (130) (184.9) (61.3) (90) (116) (185) (96) (74) (57) (135) (1,882) (28) (64) (83.4) (49) (35) (41) (81) (40) (45) (48) (79) (69) (54) (54)
Financing Activities
Net Debt Issuance (3) 115.5 (19.7) 111 40 149 (8) 43 17 61.6 1,839 93 94 2,227.2 0 2,440 31 0 0 0 0 0 0 0 0
Stock Repurchased 0 0 0 (2) 0 (3) 0 0 0 (1) (3) (3) 0 0 0 0 0 0 0 0 0 0 0 0 0
Dividends Paid 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Financing Activities (19) (0.7) 7.2 (19) (9) 0 (12) (3) (5) 25.4 (25) 0 (3) (2,236.0) (109) (2,295) 21 (37) (378) (183) (114) (5) (140) (43.5) (43.5)
Financing Cash Flow (20) 114.8 (12.6) 90 31 146 (20) 40 12 86 1,811 90 91 (8.8) (109) 145 52 (37) (378) (183) (114) (5) (140) (43.5) (43.5)
Cash Position
Net Change in Cash (118) 65 60 57 (101) (34) 48 (23) (9) (26) (32) 34 (22) 83 (149) 256 13 44 (148) 24 19 59 1 (7) (7)
Cash at Beginning 397 332 272 215 316 350 302 325 334 360 392 358 380 297 446 190 177 133 281 257 238 179 178 185 0
Cash at End 279 397 332 272 215 316 350 302 325 334 360 392 358 380 297 446 190 177 133 281 257 238 179 178 (7)
Free Cash Flow (68) 61.8 64.5 (54) (135) (70) 94 (57) (26) (69) 18 (54) (93) 103.1 (27) 122 (39) 84 232 205 143 55 137 36.5 36.5
Key Metrics 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4 2020 Q3 2020 Q2 2020 Q1
Income Statement
Revenue 1,244 1,405 1,281 1,278 1,137 1,280 1,196 1,216 1,099 1,173 1,007 1,035 931 996 942 941 889 1,001 949 934 881 944 916 776 776
Gross Profit 704 816 703 686 588 779 732 733 675 712 615 618 559 576 570 562 541 598 585 567 548 574 586 483.5 483.5
Operating Income 59 158 80 11 (61) 87 43 26 6 49 40 43 (2) 51 46 56 54 92 94 58 85 83 121 28 28
Net Income (71) (58) (28) (62) (212) (3) 4 (151) (167) (54) (84) (32) (90) (1) (18) 5 20 51 60 44 27 (209) 85 53 53
EPS (Diluted) -0.20 -0.16 -0.08 -0.18 -0.60 -0.01 0.01 -0.43 -0.48 -0.15 -0.24 -0.09 -0.25 -0.00 -0.04 0.01 0.06 0.15 0.17 0.13 0.08 -0.60 0.24 0.15 0.15
Balance Sheet
Cash & Equivalents 268 383 310 272 202 305 329 302 325 334 360 384 346 380 287 437 190 174 130 278 238
Total Assets 13,780 14,022 13,832 13,832 13,428 13,469 13,515 13,250 13,293 13,442 13,068 11,315 11,169 11,144 10,696 11,002 10,907 10,823 11,037 11,208 11,266
Total Debt 39 5,370 4,950 4,959 4,829 4,936 4,629 4,632 4,584 4,676 4,465 2,629 2,533 2,554 2,438 2,442 2,280 140 0 0 101
Stockholders' Equity 6,379 6,448 6,429 6,440 6,361 6,473 6,589 6,504 6,659 6,850 6,817 6,958 6,983 7,033 6,729 6,896 7,140 9,329 9,325 9,675 9,918
Cash Flow
Operating Cash Flow 32 134.3 139.1 35 (25) 22 154 15 41 15 48 (24) (56) 148.1 27 156 3 162 273 250 188 134 204 92 92
Capital Expenditure (100) (72.5) (74.5) (89) (110) (92) (60) (72) (67) (84) (30) (30) (37) (45.0) (54) (34) (42) (78) (41) (45) (45) (79) (67) (55.5) (55.5)
Free Cash Flow (68) 61.8 64.5 (54) (135) (70) 94 (57) (26) (69) 18 (54) (93) 103.1 (27) 122 (39) 84 232 205 143 55 137 36.5 36.5