Bausch + Lomb Corp 2025年季度报告

FORM10-Q ☒QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIESEXCHANGE ACT OF 1934 For the Quarterly Period EndedJune 30, 2025OR ☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIESEXCHANGE ACT OF 1934 Commission File Number:001-41380 Bausch + Lomb Corporation(Exact name of registrant as specified in its charter) Canada98-1613662(State or other jurisdiction of incorporation or organization)(I.R.S. Employer Identification No.) 520 Applewood Crescent,Vaughan,Ontario,CanadaL4K 4B4(Address of Principal Executive Offices) (Zip Code) (905)695-7700(Registrant’s telephone number, including area code) Securities registered pursuant to Section 12(b) of the Act: Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter periodthat the registrant was required to file such reports), and (2) has been subject to such filing requirements for thepast 90 days.YesxNoo Indicate by check mark whether the registrant has submitted electronically every Interactive Data Filerequired to be submitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during thepreceding 12 months (or for such shorter period that the registrant was required to submit such files).YesxNoo Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, smaller reporting company, or an emerging growth company. See the definitions of “largeaccelerated filer”, “accelerated filer”, “smaller reporting company”, and “emerging growth company” in Rule12b-2 of the Exchange Act. Largeaccelerated filer☒Accelerated filer☐Non-acceleratedfiler☐Smaller reportingcompany☐Emerging growthcompany☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extendedtransition period for complying with any new or revised financial accounting standards provided pursuant toSection 13(a) of the Exchange Act.☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the ExchangeAct). Yes☐No☒ Indicate the number of shares outstanding of each of the issuer’s classes of common stock, as of the latestpracticable date. Common shares, no par value —353,865,790shares outstanding as of July 23, 2025. BAUSCH + LOMB CORPORATIONFORM 10-QFOR THE QUARTERLY PERIOD ENDED JUNE30, 2025 INDEX PartI.Financial InformationItem1.Condensed Consolidated Financial Statements (unaudited)Condensed Consolidated Balance Sheets as ofJune30, 2025 and December31, 20241Condensed Consolidated Statements of Operations for the threeand sixmonths endedJune30, 2025 and20242Condensed Consolidated Statements of ComprehensiveIncome(Loss)for the threeand sixmonthsendedJune30, 2025 and 20243Condensed Consolidated Statements of Shareholders’ Equity for the threeand sixmonths endedJune30,2025 and 20244Condensed Consolidated Statements of Cash Flows for thesixmonths endedJune30, 2025 and 20245Notes to the Condensed Consolidated Financial Statements6Item2.Management’s Discussion and Analysis of Financial Condition and Results of Operations31Item3.Quantitative andQualitative Disclosures About Market Risk58Item4.Controls and Procedures58PartII.Other InformationItem1.Legal Proceedings59Item1A.Risk Factors59Item2.Unregistered Sales of Equity Securities and Use of Proceeds59Item3.Defaults Upon Senior Securities59Item4.Mine Safety Disclosures59Item5.Other Information59Item6.Exhibits60Signatures61 BAUSCH + LOMB CORPORATIONFORM 10-QFOR THE QUARTERLY PERIOD ENDED JUNE30, 2025 Introductory Note Except where the context otherwise requires, all references in this Quarterly Report on Form10-Qfor the quarterly period ended June30, 2025 (this “Form10-Q”) tothe “Company”, “Bausch + Lomb”,“we”, “us”, “our” or similar words or phrases are to Bausch + Lomb Corporation and its subsidiaries, takentogether. In this Form10-Q, references to“$” are to UnitedStates (“U.S.”) dollars and references to “€”are to euros. Unless otherwise indicated, the statistical and financial data contained in this Form10-Q arepresented as of June30, 2025. Forward-Looking Statements Caution regarding forward-looking information and statements and “Safe-Harbor” statements underthe U.S.Private Securities Litigation Reform Act of1995 and applicable Canadian securities laws: To the extent any statements made in this Form10-Q contain information that is not historical, thesestatements are forward-looking statements within the meaning of Section27A of the Securities Act of 1933,as amended, and Section21E of the Securities Exchange Act of 1934, as amended, and may be forward-looking information within the meaning defined under applicable Canadian securities laws (collectively,“forward-looking statements”). These forward-looking statements relate to, among other things: our business strategy, businessplans, business prospects and f