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Side-by-side financial comparison of Bausch Health Companies Inc. (BHC) and LOGITECH INTERNATIONAL S.A. (LOGI). Click either name above to swap in a different company.

Bausch Health Companies Inc. is the larger business by last-quarter revenue ($2.8B vs $1.4B, roughly 2.0× LOGITECH INTERNATIONAL S.A.). LOGITECH INTERNATIONAL S.A. runs the higher net margin — 17.7% vs -3.7%, a 21.3% gap on every dollar of revenue. On growth, Bausch Health Companies Inc. posted the faster year-over-year revenue change (9.3% vs 6.1%). LOGITECH INTERNATIONAL S.A. produced more free cash flow last quarter ($465.6M vs $403.0M). Over the past eight quarters, LOGITECH INTERNATIONAL S.A.'s revenue compounded faster (18.5% CAGR vs 14.0%).

Bausch Health Companies Inc. is a global, diversified American-Canadian pharmaceutical company. Its global corporate headquarters are located in Laval, Quebec, Canada, and its U.S. headquarters are in Bridgewater, New Jersey. It develops, manufactures and markets a range of pharmaceutical products in gastroenterology, hepatology, neurology, dermatology, dentistry, medical aesthetics, and international pharmaceuticals. Bausch Health manufactures and markets branded pharmaceuticals, generic ph...

Logitech International S.A. is a Swiss multinational manufacturer of computer peripherals and software. Headquartered in Lausanne, Switzerland, the company has offices throughout Europe, Asia, Oceania, and the Americas. It is a component of the Swiss Market Index, and is listed on the Nasdaq.

BHC vs LOGI — Head-to-Head

Bigger by revenue
BHC
BHC
2.0× larger
BHC
$2.8B
$1.4B
LOGI
Growing faster (revenue YoY)
BHC
BHC
+3.2% gap
BHC
9.3%
6.1%
LOGI
Higher net margin
LOGI
LOGI
21.3% more per $
LOGI
17.7%
-3.7%
BHC
More free cash flow
LOGI
LOGI
$62.6M more FCF
LOGI
$465.6M
$403.0M
BHC
Faster 2-yr revenue CAGR
LOGI
LOGI
Annualised
LOGI
18.5%
14.0%
BHC

Income Statement — Q4 FY2025 vs Q3 FY2026

Metric
BHC
BHC
LOGI
LOGI
Revenue
$2.8B
$1.4B
Net Profit
$-103.0M
$251.0M
Gross Margin
43.2%
Operating Margin
17.0%
20.1%
Net Margin
-3.7%
17.7%
Revenue YoY
9.3%
6.1%
Net Profit YoY
-205.1%
25.4%
EPS (diluted)
$-0.30
$1.69

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
BHC
BHC
LOGI
LOGI
Q4 25
$2.8B
$1.4B
Q3 25
$2.7B
$1.2B
Q2 25
$2.5B
$1.1B
Q1 25
$2.3B
$1.0B
Q4 24
$2.6B
$1.3B
Q3 24
$2.5B
$1.1B
Q2 24
$2.4B
$1.1B
Q1 24
$2.2B
$1.0B
Net Profit
BHC
BHC
LOGI
LOGI
Q4 25
$-103.0M
$251.0M
Q3 25
$179.0M
$170.7M
Q2 25
$148.0M
$146.0M
Q1 25
$-58.0M
$144.1M
Q4 24
$98.0M
$200.1M
Q3 24
$-85.0M
$145.5M
Q2 24
$10.0M
$141.8M
Q1 24
$-64.0M
$167.6M
Gross Margin
BHC
BHC
LOGI
LOGI
Q4 25
43.2%
Q3 25
43.4%
Q2 25
41.7%
Q1 25
43.1%
Q4 24
42.9%
Q3 24
43.6%
Q2 24
42.8%
Q1 24
43.2%
Operating Margin
BHC
BHC
LOGI
LOGI
Q4 25
17.0%
20.1%
Q3 25
23.1%
16.1%
Q2 25
17.5%
14.1%
Q1 25
12.2%
10.5%
Q4 24
21.8%
17.5%
Q3 24
12.7%
14.4%
Q2 24
16.2%
14.1%
Q1 24
13.1%
12.9%
Net Margin
BHC
BHC
LOGI
LOGI
Q4 25
-3.7%
17.7%
Q3 25
6.7%
14.4%
Q2 25
5.8%
12.7%
Q1 25
-2.6%
14.3%
Q4 24
3.8%
14.9%
Q3 24
-3.4%
13.0%
Q2 24
0.4%
13.0%
Q1 24
-3.0%
16.6%
EPS (diluted)
BHC
BHC
LOGI
LOGI
Q4 25
$-0.30
$1.69
Q3 25
$0.48
$1.15
Q2 25
$0.40
$0.98
Q1 25
$-0.16
$0.94
Q4 24
$0.24
$1.32
Q3 24
$-0.23
$0.95
Q2 24
$0.03
$0.92
Q1 24
$-0.17
$1.07

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
BHC
BHC
LOGI
LOGI
Cash + ST InvestmentsLiquidity on hand
$1.3B
$1.8B
Total DebtLower is stronger
$20.8B
Stockholders' EquityBook value
$-554.0M
$2.3B
Total Assets
$26.4B
$4.1B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BHC
BHC
LOGI
LOGI
Q4 25
$1.3B
$1.8B
Q3 25
$1.3B
$1.4B
Q2 25
$1.7B
$1.5B
Q1 25
$1.1B
$1.5B
Q4 24
$1.2B
$1.5B
Q3 24
$719.0M
$1.4B
Q2 24
$595.0M
$1.5B
Q1 24
$733.0M
$1.5B
Total Debt
BHC
BHC
LOGI
LOGI
Q4 25
$20.8B
Q3 25
$21.0B
Q2 25
$21.7B
Q1 25
$21.5B
Q4 24
$21.6B
Q3 24
$21.5B
Q2 24
$21.7B
Q1 24
$22.1B
Stockholders' Equity
BHC
BHC
LOGI
LOGI
Q4 25
$-554.0M
$2.3B
Q3 25
$-565.0M
$2.1B
Q2 25
$-764.0M
$2.2B
Q1 25
$-1.2B
$2.1B
Q4 24
$-1.3B
$2.1B
Q3 24
$-1.2B
$2.1B
Q2 24
$-1.2B
$2.2B
Q1 24
$-1.1B
$2.2B
Total Assets
BHC
BHC
LOGI
LOGI
Q4 25
$26.4B
$4.1B
Q3 25
$26.8B
$3.7B
Q2 25
$27.3B
$3.7B
Q1 25
$26.4B
$3.5B
Q4 24
$26.5B
$3.7B
Q3 24
$26.5B
$3.6B
Q2 24
$26.5B
$3.7B
Q1 24
$26.9B
$3.6B

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
BHC
BHC
LOGI
LOGI
Operating Cash FlowLast quarter
$495.0M
$480.5M
Free Cash FlowOCF − Capex
$403.0M
$465.6M
FCF MarginFCF / Revenue
14.4%
32.8%
Capex IntensityCapex / Revenue
3.3%
1.0%
Cash ConversionOCF / Net Profit
1.91×
TTM Free Cash FlowTrailing 4 quarters
$1.0B
$903.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BHC
BHC
LOGI
LOGI
Q4 25
$495.0M
$480.5M
Q3 25
$405.0M
$228.8M
Q2 25
$289.0M
$125.0M
Q1 25
$211.0M
$129.7M
Q4 24
$601.0M
$370.9M
Q3 24
$405.0M
$166.0M
Q2 24
$380.0M
$176.0M
Q1 24
$211.0M
$239.1M
Free Cash Flow
BHC
BHC
LOGI
LOGI
Q4 25
$403.0M
$465.6M
Q3 25
$314.0M
$212.3M
Q2 25
$190.0M
$108.8M
Q1 25
$96.0M
$116.9M
Q4 24
$495.0M
$356.6M
Q3 24
$334.0M
$151.5M
Q2 24
$302.0M
$161.4M
Q1 24
$129.0M
$228.8M
FCF Margin
BHC
BHC
LOGI
LOGI
Q4 25
14.4%
32.8%
Q3 25
11.7%
17.9%
Q2 25
7.5%
9.5%
Q1 25
4.2%
11.6%
Q4 24
19.3%
26.6%
Q3 24
13.3%
13.6%
Q2 24
12.6%
14.8%
Q1 24
6.0%
22.6%
Capex Intensity
BHC
BHC
LOGI
LOGI
Q4 25
3.3%
1.0%
Q3 25
3.4%
1.4%
Q2 25
3.9%
1.4%
Q1 25
5.1%
1.3%
Q4 24
4.1%
1.1%
Q3 24
2.8%
1.3%
Q2 24
3.2%
1.3%
Q1 24
3.8%
1.0%
Cash Conversion
BHC
BHC
LOGI
LOGI
Q4 25
1.91×
Q3 25
2.26×
1.34×
Q2 25
1.95×
0.86×
Q1 25
0.90×
Q4 24
6.13×
1.85×
Q3 24
1.14×
Q2 24
38.00×
1.24×
Q1 24
1.43×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

BHC
BHC

Bausch Lomb$1.4B50%
Salix Segment$693.0M25%
International Rx$306.0M11%
Diversified Segment$255.0M9%
Solta Medical Segment$137.0M5%

LOGI
LOGI

Retail Gaming$482.7M34%
Retail Keyboards Desktops$254.6M18%
Retail Pointing Devices$241.2M17%
Retail Video Collaboration$193.3M14%
Retail Tablet And Other Accessories$93.6M7%
Retail Webcams$82.3M6%
Retail Headsets$45.9M3%
Other Retail Products$28.0M2%

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