Bausch Health Reports Revenue Growth, Raises Full-Year Outlook

The Laval, Quebec-based firm reported GAAP net income of $258 million, a significant jump from $148 million in the second quarter of 2025. Diluted earnings per share rose to $0.68 from $0.40, while adjusted earnings per share reached $1.26, marking a 40% improvement. Consolidated adjusted EBITDA climbed 28% to $1.075 billion, bolstered by core segment strength and disciplined execution.

CEO Thomas J. Appio highlighted the results as the strongest performance in three years, noting that the company achieved its highest adjusted cash flow from operations since late 2024. The Salix segment proved particularly vital, with revenue climbing 21% to $758 million, largely supported by 26% growth in Xifaxan sales. Meanwhile, the Solta Medical segment saw a 38% revenue increase, aided by a new distribution acquisition in China. Following these results, Bausch Health raised its full-year 2026 guidance for revenue, adjusted EBITDA, and adjusted cash flows from operations.