Bausch & Lomb Corp cash flow statement

In fiscal 2025, Bausch & Lomb Corp's operations generated $283m of cash; it spent $349m on capital projects, leaving free cash flow of −$66.0m.

Cash flow statement

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Bausch & Lomb Corp: cash flow statement, annual
Fiscal year	2020Dec 2020	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025	LTMSept 2026
Cash from operations	522	873	345	−17	232	283	554
Depreciation and amortisation	442	415	379	382	436	421	404
Stock-based pay	50	62	62	74	92	149	173
Capital spending	253	193	175	181	291	349	302
Free cash flow	269	680	170	−198	−59	−66	252
Free cash flow after stock pay	219	618	108	−272	−151	−215	79

US$ millions unless shown otherwise. Fiscal quarters.

Bausch & Lomb Corp: cash flow statement, quarterly
Quarter	2024 Q4Dec 2024	2025 Q1Mar 2025	2025 Q2Jun 2025	2025 Q3Sept 2025	2025 Q4Dec 2025	2026 Q1Mar 2026	2026 Q2Jun 2026	2026 Q3Sept 2026
Cash from operations	22	−25	35	137	136	32	153	233
Depreciation and amortisation	106	106	107	109	99	101	102	102
Stock-based pay	27	28	30	27	64	34	38	37
Capital spending	92	110	89	74	76	100	71	55
Free cash flow	−70	−135	−54	63	60	−68	82	178
Free cash flow after stock pay	−97	−163	−84	36	−4	−102	44	141

Free cash flow is cash from operations minus capital spending. Free cash flow after stock pay also subtracts stock-based compensation, a real cost to shareholders that the cash flow statement adds back. Dividends, buybacks and shares issued are cash amounts for the period.

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Figures from Bausch & Lomb Corp's SEC filings (10-K and 10-Q), retrieved October 31, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Bausch & Lomb Corp.