Baker Hughes Co (BKR)

BKR Income Statement

Revenue, expenses, and profitability analysis

BKR Quarterly Income Statement (USD)

Quarterly Report	TTM	03/31/2026	12/31/2025	09/30/2025	06/30/2025	03/31/2025	12/31/2024	09/30/2024	06/30/2024
Revenue	27.893B	6.587B	7.386B	7.010B	6.910B	6.427B	7.364B	6.908B	7.139B
Cost of Goods Sold	21.320B	5.083B	5.633B	5.309B	5.295B	4.952B	5.834B	5.208B	5.493B
Gross Profit	6.573B	1.504B	1.753B	1.701B	1.615B	1.475B	1.530B	1.700B	1.646B
Gross Profit Margin	22.8%	22.8%	23.7%	24.3%	23.4%	23.0%	20.8%	24.6%	23.1%
Total Operating Expenses	2.959B	695.000M	783.000M	753.000M	728.000M	723.000M	585.000M	770.000M	813.000M
Research & Development	587.000M	133.000M	147.000M	146.000M	161.000M	146.000M	0.00	0.00	158.000M
Selling, General & Administrative	2.372B	562.000M	636.000M	607.000M	567.000M	577.000M	585.000M	612.000M	643.000M
Operating Income (EBIT)	3.614B	809.000M	970.000M	948.000M	887.000M	752.000M	945.000M	930.000M	833.000M
Operating Margin	12.3%	12.3%	13.1%	13.5%	12.8%	11.7%	12.8%	13.5%	11.7%
Income Before Tax (EBT)	3.590B	1.274B	528.000M	821.000M	967.000M	561.000M	792.000M	1.009B	824.000M
Interest Income	—	—	—	—	—	—	—	—	—
Interest Expense	257.000M	86.000M	61.000M	56.000M	54.000M	51.000M	55.000M	55.000M	47.000M
Other Income/Expense	-24.000M	465.000M	-442.000M	-127.000M	80.000M	-191.000M	-153.000M	79.000M	-9.000M
Net Income	3.116B	930.000M	876.000M	609.000M	701.000M	402.000M	1.179B	766.000M	579.000M
Income Tax Expense	437.000M	336.000M	-359.000M	204.000M	256.000M	152.000M	-399.000M	235.000M	243.000M
Net Profit Margin	14.1%	14.1%	11.9%	8.7%	10.1%	6.3%	16.0%	11.1%	8.1%
EBITDA	5.104B	1.714B	916.000M	1.159B	1.315B	897.000M	1.139B	1.342B	1.154B
EBITDA Margin	26.0%	26.0%	12.4%	16.5%	19.0%	14.0%	15.5%	19.4%	16.2%
Depreciation & Amortization	1.257B	354.000M	327.000M	282.000M	294.000M	285.000M	292.000M	278.000M	283.000M
EPS Basic	3.16	0.94	0.89	0.62	0.71	0.41	1.19	0.77	0.58
EPS Diluted	3.13	0.93	0.88	0.61	0.71	0.40	1.18	0.77	0.58
Shares Outstanding	990.000M	990.000M	988.000M	986.000M	988.000M	992.000M	997.157M	993.000M	996.000M
Diluted Shares Outstanding	996.000M	996.000M	994.000M	992.000M	991.000M	999.000M	999.000M	999.000M	1.001B

BKR Annual Income Statement (USD)

Annual Report	12/31/2025	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018
Revenue	27.733B	27.829B	25.506B	21.156B	20.502B	20.705B	23.838B	22.877B
Cost of Goods Sold	21.189B	21.346B	19.604B	16.200B	15.961B	16.972B	19.406B	18.891B
Gross Profit	6.544B	6.483B	5.902B	4.956B	4.541B	3.733B	4.432B	3.986B
Gross Profit Margin	23.6%	23.3%	23.1%	23.4%	22.1%	18.0%	18.6%	17.4%
Total Operating Expenses	2.987B	3.101B	3.262B	3.066B	3.231B	3.061B	3.358B	3.285B
Research & Development	600.000M	643.000M	658.000M	556.000M	492.000M	595.000M	687.000M	700.000M
Selling, General & Administrative	2.387B	2.458B	2.611B	2.510B	2.470B	2.466B	2.832B	2.699B
Operating Income (EBIT)	3.557B	3.382B	2.640B	1.890B	1.310B	672.000M	1.074B	701.000M
Operating Margin	12.8%	12.2%	10.4%	8.9%	6.4%	3.2%	4.5%	3.1%
Income Before Tax (EBT)	2.877B	3.265B	2.655B	22.000M	428.000M	-15.202B	753.000M	541.000M
Interest Income	—	—	—	—	—	—	—	—
Interest Expense	222.000M	198.000M	216.000M	252.000M	299.000M	264.000M	237.000M	223.000M
Other Income/Expense	-680.000M	-117.000M	15.000M	-1.868B	-882.000M	-15.874B	-321.000M	-160.000M
Net Income	2.588B	2.979B	1.943B	-601.000M	-219.000M	-9.940B	128.000M	195.000M
Income Tax Expense	253.000M	257.000M	685.000M	600.000M	758.000M	559.000M	482.000M	258.000M
Net Profit Margin	9.3%	10.7%	7.6%	-2.8%	-1.1%	-48.0%	0.5%	0.9%
EBITDA	4.287B	4.599B	3.958B	1.335B	1.832B	1.989B	2.408B	2.250B
EBITDA Margin	15.5%	16.5%	15.5%	6.3%	8.9%	9.6%	10.1%	9.8%
Depreciation & Amortization	1.188B	1.136B	1.087B	1.061B	1.105B	1.317B	1.418B	1.486B
EPS Basic	2.62	3.00	1.93	-0.61	-0.27	-14.73	0.23	0.46
EPS Diluted	2.60	2.98	1.91	-0.61	-0.27	-14.73	0.23	0.45
Shares Outstanding	988.000M	999.664M	1.008B	987.000M	824.000M	675.000M	555.000M	423.913M
Diluted Shares Outstanding	994.000M	1.001B	1.015B	987.000M	824.000M	675.000M	557.000M	433.333M

Values are displayed in USD. Negative numbers shown in red.

Values are displayed in USD. Negative numbers are shown in red.

About Baker Hughes Co

Baker Hughes Company provides a portfolio of technologies and services to energy and industrial value chain. Its Oilfield Services & Equipment segment designs and manufactures exploration, appraisal, development, production, rejuvenation, and decommissioning products and related services for onshore and offshore oilfield operations. This segment also provides drilling services, drill bits, and drilling and completions fluids; completions, intervention, measurements, pressure pumping, and wireline services; artificial lift systems, and oilfield and industrial chemicals; subsea projects and services, flexible pipe systems, and surface pressure control systems; and integrated well services and solutions. It serves oil and natural gas companies; the United States and international independent oil and natural gas companies; national or state-owned oil companies; engineering, procurement, and construction contractors; geothermal companies; and other oilfield service companies. The company’s Industrial & Energy Technology segment offers gas technology equipment, such as drivers, driven equipment, and turnkey solutions for the mechanical and electric-drive, compression, and power-generation applications; aftermarket support and uptime gas technology services; non-destructive testing technologies, software, and services; pre-commissioning and maintenance services; flow control and safety solutions; mechanical and electromechanical gear transmission systems; Cordant, a software solution to optimize assets, processes, and energy use; Bently Nevada, a sensing and protection hardware for rack-based vibrating monitoring equipment and sensors; and climate technology solutions. It serves industrial, upstream, midstream, downstream, onshore, offshore, and small-to-large scale customers. The company has a collaboration with Google Cloud to develop advanced AI-enabled power optimization and sustainability solutions for the global data center sector. The company was formerly known as Baker Hughes, a GE company and changed its name to Baker Hughes Company in October 2019. The company was incorporated in 2016 and is based in Houston, Texas.

Houston, TX

56,200 employees

www.bakerhughes.com

Energy / Oil & Gas Equipment & Services

Sector: Energy
Industry: Oil & Gas Equipment & Services
CEO: Lorenzo Simonelli

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