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Bausch Health Companies BHC International — SG&A

Other segment segments

Bausch + Lomb
$439M-1.8%
Salix
$105M-5.4%
Diversified
$43M-4.4%
Solta Medical
$35M+25.0%

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Other financials

Income statement

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Revenue$2.5B+11.7%
Operating income-$950.0M-444%
Net income-$1.4B-2,353%
EPS (diluted)-$3.82-2,287%

Balance sheet

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Cash & equivalents$1.3B+13.4%
Total debt$20.8B-3.5%
Total equity-$2.1B-74.0%
Total assets$24.5B-7.3%

Cash flow

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Operating cash flow$230.0M+9.0%
CapEx$109.0M-5.2%
Free cash flow$121.0M+26.0%

Valuation

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Market cap$2.21B+3.8%
Enterprise value$21.66B-2.1%
P/S0.2×0.0×

Profitability

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Gross margin71.4%
Operating margin5.6%-10.3pp
Net margin-1.9%-0.9pp
FCF margin9.8%-2.8pp

Returns & leverage

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Return on equity-70.1%
Debt / equity45.2×
Current ratio1.3×0.0×

Where this comes from

Reported directly by Bausch Health Companies in its filing.

Tagged under the XBRL concept us-gaap:SellingGeneralAndAdministrativeExpense.

The source filing: Bausch Health Companies’s 10-Q, filed April 30, 2026.

Filed
Apr 29, 2026, 6:12 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0000885590-26-000053
(in millions)Three Months Ended March 31, / Salix / 2026Three Months Ended March 31, / Salix / 2025Three Months Ended March 31, / International / 2026Three Months Ended March 31, / International / 2025Three Months Ended March 31, / Solta Medical / 2026Three Months Ended March 31, / Solta Medical / 2025Three Months Ended March 31, / Diversified / 2026Three Months Ended March 31, / Diversified / 2025Three Months Ended March 31, / Bausch + Lomb / 2026Three Months Ended March 31, / Bausch + Lomb / 2025Three Months Ended March 31, / Total / 2026Total / 2025
Less:
Cost of goods sold (a)474311210253272730482481
Cost of other revenues161711
Selling, general and administrative105111635235284345439447
Research and development19176685334528
Segment profit$468$371$88$85$75$53$112$127$277$180$1,020$816
Corporate(258)(268)
Amortization of intangible assets(241)(256)

Item 1. Condensed Consolidated Financial Statements (unaudited)

FAQ

What is Bausch Health Companies's international — SG&A?
Bausch Health Companies (BHC) reported international — SG&A of $63M in Q1 2026.
How has Bausch Health Companies's international — SG&A changed year-over-year?
Bausch Health Companies's international — SG&A increased by 21.2% year-over-year, from $52M to $63M.
What is the long-term trend for Bausch Health Companies's international — SG&A?
Over 3 years (2022 to 2025), Bausch Health Companies's international — SG&A has grown at a 9.2% compound annual growth rate (CAGR), from $181M to $236M.
What does international — SG&A mean?
Includes all non-production costs associated with operating the international segment, such as marketing, sales force expenses, and administrative overhead. This metric measures the operational efficiency of the segment's commercial infrastructure. Monitoring this helps evaluate how effectively the company manages its overhead relative to revenue growth.

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