BLCO · NYSE · Medical - Instruments & Supplies

Bausch + Lomb

Makes contact lenses, eye-care products, ophthalmic medicines, and surgical tools.

$17.15
After-hours close0.00 (0.00%)
At close$17.15(+0.12%)
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Profile

Bausch + Lomb CorporationBLCOHealth Care

Sells contact lenses, lens-care and over-the-counter eye-care products, ophthalmic medicines, and surgical equipment. The portfolio is organized around eye health, operates internationally, and remains a majority-controlled subsidiary of Bausch Health.

Products span contact lenses, lens care, and over-the-counter eye-care products, alongside ophthalmic medicines and surgical devices and instruments. The integrated portfolio serves vision care, pharmaceutical, and surgical uses across international markets. Its offerings are intended to address eye-health needs across different stages of life.

Founded in 1853, the business grew from optical goods into eye health through soft contact lenses, lens-care brands, ophthalmic pharmaceuticals, and surgical capabilities. It operates through a broad product portfolio rather than a single-category franchise.

Bausch Health retains controlling ownership, so the company remains a subsidiary despite its NYSE listing.

Company facts

CEOBrent Saunders
ListedMay 6, 2022
ExchangeNYSE
HeadquartersVaughan, Canada
CountryCanada
Employees13,500
CIK0001860742
ISINCA0717051076

Key statistics

Market cap$6.13B
EPS (ttm)−$0.4782
P/E (ttm)−35.86
ROE-2.7%
P/B0.9605
P/S1.15
Dividend yield
Beta1.02vs XLV 0.75

Year to date +3.4% · Average volume (30d) 416.4K

Analysts

Price target, next 12 months$19.00+10.8%Median of 17 analysts · vs the Aug 28 close
ConsensusBuy8 of 17 analysts rate it buy or better

Ratings

Target range

Latest analyst notes

DateFirmActionRatingPrior targetTarget
Aug 3, 2026H.C. WainwrightReiterateBuy$20$21
Jul 30, 2026UBSReiterateBuy$21$23
Jul 28, 2026UBSInitiateBuy$21
Jul 6, 2026Evercore ISITarget$18$17
Apr 30, 2026Deutsche BankTarget$18$16

Earnings

EPS

Estimate$0.21
ReportedDue Nov 4, 2026

Revenue

Estimate$1.37B
ReportedDue Nov 4, 2026

History

Report dateEPS estEPSSurpriseRevenue estRevenueSurpriseNext session
Jul 29, 2026Q2 FY26$0.15$0.16+3.6%$1.37B$1.39B+1.8%+4.88%
Apr 29, 2026Q1 FY26$0.06$0.08+33.3%$1.22B$1.24B+2.3%+3.65%
Feb 18, 2026Q4 FY25$0.35$0.32−8.6%$1.39B$1.41B+1.4%−0.11%
Oct 29, 2025Q3 FY25$0.16$0.18+12.5%$1.38B$1.28B−7.4%−2.13%
View details

Financial highlights

12 quartersQ1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$1.14B$1.28B$1.28B$1.41B$1.24B$1.39B
Gross profit$588.0M$686.0M$703.0M$816.0M$704.0M$821.0M
Operating income−$61.0M$11.0M$80.0M$158.0M$59.0M$83.0M
Net income−$212.0M−$62.0M−$28.0M−$58.0M−$71.0M−$14.0M
Diluted EPS−$0.60−$0.18−$0.08−$0.16−$0.20−$0.04
Gross margin51.7%53.7%54.9%58.1%56.6%59.1%
Operating margin-5.4%0.9%6.2%11.2%4.7%6.0%

Fiscal years (4-quarter sums)FY21 $3.77B · FY22 $3.77B · FY23 $4.15B · FY24 $4.79B · FY25 $5.10B

Revenue by product · Q2 FY26

Device Products$524.0M · 38%
Over The Counter Products$497.0M · 36%
Pharmaceutical Products$300.0M · 22%
Branded And Other Generic Products$68.0M · 5%
Other Revenues$5.0M · 0%

Revenue by geography · FY25

United States And Puerto Rico$2.55B · 53%
Other Countries$777.0M · 16%
China$358.0M · 7%
France$246.0M · 5%
Japan$186.0M · 4%
Germany$164.0M · 3%
Canada$135.0M · 3%
Italy$102.0M · 2%
Spain$101.0M · 2%
Mexico$75.0M · 2%
Poland$75.0M · 2%
Korea, Republic of$51.0M · 1%

Balance sheet, Jun 30, 2026Cash & short-term investments $367.0M · Total debt $5.12B · Total assets $13.86B · Shareholders' equity $6.38B

Dividends

No dividends on record.

Ownership

Institutions 10.63%37.97M sharesInsiders 0.89%3.16M sharesOther 88.48%316.03M shares

Shares outstanding 357.17M · Float 45.55M · 12.8% free float

Top shareholders13F · 13D/G · Form 4

HolderShares% outstandingFormFiled
Deutsche Bank AG\3.53M0.99%13FMay 6, 2026
Icahn Carl C3.50M0.98%13FMay 15, 2026
Oaktree Capital Management LP3.38M0.95%13FMay 20, 2026
D. E. Shaw & Co., Inc.3.15M0.88%13FMay 15, 2026
Goldentree Asset Management LP2.66M0.74%13FMay 14, 2026

Insider tradesForm 4

DateInsiderRoleSharesAvg price
Aug 10, 2026Frederick Munschofficer: SVP, Controller and CAO−52,900$16.78
Aug 7, 2026Andrew C. von Eschenbachdirector−6,059$16.58
Aug 6, 2026Andrew C. von Eschenbachdirector−12,500$16.50
Mar 6, 2026Brent L. Saundersdirector, officer: CEO and Chairman of the Board+14,700$17.14
Mar 6, 2026Sam Eldessoukyofficer: EVP and CFO+4,000$17.13
View details

Peers

  • Alcon

    Broad eye-care peer in contact lenses, ocular health, and surgery

  • Johnson & Johnson

    ACUVUE lenses and Vision surgery overlap in two core eye-care markets

  • CooperCompanies

    Specialist soft-contact-lens rival across daily, toric, and multifocal wear

  • Glaukos

    Glaucoma, corneal, and retinal therapy peer spanning devices and drugs

  • AbbVie

    Eye-care drug and ocular-surface peer in prescription and consumer treatment

CompareAfter-hours close

CompanyPriceChange
Bausch + Lomb$17.150.00%$6.13B17.21.2+9.1%
Alcon$72.15+0.21%$35.12B55.418.63.3+7.5%
Johnson & Johnson$268.40+0.13%$645.95B31.122.46.6+6.6%
CooperCompanies$71.17+0.01%$13.88B60.315.03.3+7.9%
Glaukos$179.87−0.01%$10.61B1,404.117.3+49.5%
AbbVie$255.80+0.13%$451.38B72.016.87.0+10.2%
Median57.918.66.6+7.9%