Company: BLCO
Filing Date: 2025-10-29
Form Type: 10-Q
Source: 0001860742-25-000023
Chunk: 69

Company: Bausch & Lomb Corp
Filing Date: 2025-10-29
Form: 10-Q
Item: Item 8
Chunk 69
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 sustainable revenues and growth into the future. We believe that we have a well-established product portfolio that is diversified within our core businesses. We also believe that we have a robust pipeline that not only provides for the next generation of our existing products, but also brings new solutions into the market.See the section entitled “Risk Factors” included in our Annual Report, for additional information on the risks associated with our intellectual property and our competition risks.

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RESULTS OF OPERATIONSOur unaudited operating results for the three and nine months ended September 30, 2025 and 2024 were as follows:Three Months EndedSeptember 30,Nine Months EndedSeptember 30,(in millions)20252024Change20252024ChangeRevenuesProduct sales$1,277 $1,192 $85 $3,682 $3,499 $183 Other revenues4 4 — 14 12 2 1,281 1,196 85 3,696 3,511 185 ExpensesCost of goods sold (excluding amortization and impairments of intangible assets)509 464 45 1,513 1,369 144 Cost of other revenues1 — 1 4 2 2 Selling, general and administrative (Note 4)528 511 17 1,670 1,550 120 Research and development95 84 11 277 250 27 Amortization of intangible assets68 72 (4)202 220 (18)Other (income) expense, net(15)22 (37)29 45 (16)1,186 1,153 33 3,695 3,436 259 Operating income95 43 52 1 75 (74)Interest income3 4 (1)9 10 (1)Interest expense(101)(100)(1)(323)(301)(22)Loss on extinguishment of debt3 — 3 (6)— (6)Foreign exchange and other(3)(5)2 (11)(8)(3)Loss before provision for income taxes(3)(58)55 (330)(224)(106)(Provision for) benefit from income taxes(22)66 (88)36 (79)115 Net (loss) income(25)8 (33)(294)(303)9 Net income