Bausch + Lomb
Makes contact lenses, eye-care products, ophthalmic medicines, and surgical tools.
Something off on this page? Send us feedback.
Profile
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
Categories
Key statistics
Year to date +3.4% · Average volume (30d) 416.4K
Analysts
Ratings
Target range
Latest analyst notes
| Date | Firm | Action | Rating | Prior target | Target |
|---|---|---|---|---|---|
| Aug 3, 2026 | H.C. Wainwright | Reiterate | Buy | $20 | $21 |
| Jul 30, 2026 | UBS | Reiterate | Buy | $21 | $23 |
| Jul 28, 2026 | UBS | Initiate | Buy | $21 | |
| Jul 6, 2026 | Evercore ISI | Target | $18 | $17 | |
| Apr 30, 2026 | Deutsche Bank | Target | $18 | $16 |
Earnings
EPS
Revenue
History
| Report date | EPS est | EPS | Surprise | Revenue est | Revenue | Surprise | Next 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% |
Financial highlights
| 12 quarters | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 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 margin | 51.7% | 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
Revenue by geography · FY25
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
Shares outstanding 357.17M · Float 45.55M · 12.8% free float
Top shareholders13F · 13D/G · Form 4
| Holder | Shares | % outstanding | Form | Filed |
|---|---|---|---|---|
| Deutsche Bank AG\ | 3.53M | 0.99% | 13F | May 6, 2026 |
| Icahn Carl C | 3.50M | 0.98% | 13F | May 15, 2026 |
| Oaktree Capital Management LP | 3.38M | 0.95% | 13F | May 20, 2026 |
| D. E. Shaw & Co., Inc. | 3.15M | 0.88% | 13F | May 15, 2026 |
| Goldentree Asset Management LP | 2.66M | 0.74% | 13F | May 14, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Aug 10, 2026 | Frederick Munsch | officer: SVP, Controller and CAO | −52,900 | $16.78 |
| Aug 7, 2026 | Andrew C. von Eschenbach | director | −6,059 | $16.58 |
| Aug 6, 2026 | Andrew C. von Eschenbach | director | −12,500 | $16.50 |
| Mar 6, 2026 | Brent L. Saunders | director, officer: CEO and Chairman of the Board | +14,700 | $17.14 |
| Mar 6, 2026 | Sam Eldessouky | officer: EVP and CFO | +4,000 | $17.13 |
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
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Bausch + Lomb | $17.15 | 0.00% | $6.13B | — | 17.2 | 1.2 | +9.1% |
| Alcon | $72.15 | +0.21% | $35.12B | 55.4 | 18.6 | 3.3 | +7.5% |
| Johnson & Johnson | $268.40 | +0.13% | $645.95B | 31.1 | 22.4 | 6.6 | +6.6% |
| CooperCompanies | $71.17 | +0.01% | $13.88B | 60.3 | 15.0 | 3.3 | +7.9% |
| Glaukos | $179.87 | −0.01% | $10.61B | — | 1,404.1 | 17.3 | +49.5% |
| AbbVie | $255.80 | +0.13% | $451.38B | 72.0 | 16.8 | 7.0 | +10.2% |
| Median | 57.9 | 18.6 | 6.6 | +7.9% |







