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Ocular TherapeutixOCUL
$66.21M+54.5%

Segments

By segment

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Pharmaceuticals$27M+125%
Vision Care$17M+54.5%
Surgical$12M0.0%

Other financials

Income statement

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Revenue$1.4B+9.1%
Operating income$83.0M+855%
Net income-$14.0M+77.4%
EPS (diluted)-$0.04+77.8%

Balance sheet

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Cash & equivalents$378.0M+39.0%
Total debt$5.1B+2.4%
Total equity$6.4B-1.0%
Total assets$13.9B+0.2%

Cash flow

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Operating cash flow$153.0M+337%
CapEx$71.0M-20.2%
Free cash flow$82.0M+252%

Valuation

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Market cap$5.84B+17.0%
Enterprise value$10.54B+8.9%
P/S1.1×+0.1×

Profitability

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Operating margin6.1%+5.3pp
Net margin-3.2%-1.0pp
FCF margin-3.4%0.0pp

Returns & leverage

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Return on equity-2.7%-0.7pp
Debt / equity0.8×0.0×
Current ratio1.5×0.0×

Where this comes from

Reported directly by Bausch + Lomb in its filing.

Tagged under the XBRL concept us-gaap:ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost.

The source filing: Bausch + Lomb’s 10-Q, filed July 29, 2026.

Filed
Jul 29, 2026, 4:17 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001860742-26-000088
Line itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Cost of goods sold (excluding amortization and impairments of intangible assets)5275231,0091,004
Cost of other revenues213
Selling, general and administrative (Note 4)5885791,1321,142
Research and development11496215182
Amortization of intangible assets5767114134
Other expense, net25225144
1,3111,2892,5222,509
Operating income (loss)83(11)116(94)

Item 1. Condensed Consolidated Financial Statements (unaudited)

FAQ

What is Bausch + Lomb's R&D?
Bausch + Lomb (BLCO) reported R&D of $114M in Q2 2026.
How has Bausch + Lomb's R&D changed year-over-year?
Bausch + Lomb's R&D increased by 18.8% year-over-year, from $96M to $114M.
What is the long-term trend for Bausch + Lomb's R&D?
Over 4 years (2021 to 2025), Bausch + Lomb's R&D has grown at a 8.2% compound annual growth rate (CAGR), from $271M to $371M.
What does R&D mean?
Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.

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