Bausch + Lomb Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Revenue	5,080	4,774	4,131	3,746	3,737
Other Revenue	21	17	15	22	28
Revenue	5,101	4,791	4,146	3,768	3,765
Revenue Growth (YoY)	6.47%	15.56%	10.03%	0.08%	10.35%
Cost of Revenue	2,050	1,872	1,642	1,519	1,467
Gross Profit	3,051	2,919	2,504	2,249	2,298
Selling, General & Admin	2,234	2,082	1,736	1,478	1,389
Research & Development	371	343	324	307	271
Amortization of Goodwill & Intangibles	258	288	240	244	292
Other Operating Expenses	-	-	-	-	-1
Operating Expenses	2,863	2,713	2,300	2,029	1,951
Operating Income	188	206	204	220	347
Interest Expense	-421	-399	-283	-146	-
Interest & Investment Income	12	15	15	6	-
Currency Exchange Gain (Loss)	-15	-12	-28	6	-11
EBT Excluding Unusual Items	-236	-190	-92	86	336
Merger & Restructuring Charges	-65	-30	-69	-15	-2
Gain (Loss) on Sale of Assets	6	5	-	-	-
Asset Writedown	-	-5	-	-1	-12
Legal Settlements	-10	-5	-3	-1	1
Other Unusual Items	21	9	-2	5	-
Pretax Income	-317	-234	-166	73	318
Income Tax Expense	35	71	82	58	125
Earnings From Continuing Operations	-352	-305	-248	15	193
Minority Interest in Earnings	-8	-12	-12	-9	-11
Net Income	-360	-317	-260	6	182
Net Income to Common	-360	-317	-260	6	182
Net Income Growth	-	-	-	-96.70%	-
Shares Outstanding (Basic)	354	352	351	350	350
Shares Outstanding (Diluted)	354	352	351	350	350
Shares Change (YoY)	0.57%	0.37%	0.09%	0.06%	-
EPS (Basic)	-1.02	-0.90	-0.74	0.02	0.52
EPS (Diluted)	-1.02	-0.90	-0.74	0.02	0.52
EPS Growth	-	-	-	-96.70%	-
Free Cash Flow	-66	-59	-198	170	680
Free Cash Flow Per Share	-0.19	-0.17	-0.56	0.48	1.94
Gross Margin	59.81%	60.93%	60.40%	59.69%	61.04%
Operating Margin	3.69%	4.30%	4.92%	5.84%	9.22%
Profit Margin	-7.06%	-6.62%	-6.27%	0.16%	4.83%
Free Cash Flow Margin	-1.29%	-1.23%	-4.78%	4.51%	18.06%
EBITDA	609	642	586	599	762
EBITDA Margin	11.94%	13.40%	14.13%	15.90%	20.24%
D&A For EBITDA	421	436	382	379	415
EBIT	188	206	204	220	347
EBIT Margin	3.69%	4.30%	4.92%	5.84%	9.22%
Effective Tax Rate	-	-	-	79.45%	39.31%
Revenue as Reported	5,101	4,791	4,146	3,768	3,765
Advertising Expenses	495	528	375	-	335

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.