BKR · Baker Hughes Co - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $6.59B | - | $7.01B | $6.91B | $6.43B | - | $6.91B | $7.14B | $6.42B | - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - |
| R&D | $133.00M | - | $158.00M | $161.00M | $164.00M | - | - | - | - | - |
| SG&A | $562.00M | - | $607.00M | $567.00M | $577.00M | - | $612.00M | $643.00M | $618.00M | - |
| Total Operating Expenses | - | - | - | - | - | - | $5.98B | $6.31B | $5.76B | - |
| D&A | $354.00M | - | $282.00M | $293.00M | $285.00M | - | $278.00M | $283.00M | $283.00M | - |
| Operating Income | $1.27B | - | $821.00M | $967.00M | $561.00M | - | $930.00M | $833.00M | $653.00M | - |
| Interest Expense | - | - | - | - | - | - | - | - | - | - |
| Income Tax | $336.00M | - | $204.00M | $256.00M | $152.00M | - | $235.00M | $243.00M | $178.00M | - |
| Net Income | $930.00M | - | $609.00M | $701.00M | $402.00M | - | $766.00M | $579.00M | $455.00M | - |
| EPS - Basic | - | - | - | - | - | - | - | - | - | - |
| EPS - Diluted | - | - | - | - | - | - | - | - | - | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $14.76B | $3.71B | $2.69B | $3.09B | $3.28B | $3.36B | $2.66B | $2.28B | $2.72B | $2.65B |
| Accounts Receivable | $6.70B | $6.64B | $6.55B | $6.51B | $6.71B | $7.12B | $6.92B | $7.05B | $6.87B | $7.08B |
| Inventory | $4.87B | $4.95B | $5.04B | $5.11B | $5.16B | $4.95B | $5.25B | $5.13B | $5.34B | $5.09B |
| Accounts Payable | $4.26B | $4.58B | $4.20B | $4.34B | $4.46B | $4.54B | $4.43B | $4.65B | $4.59B | $4.47B |
| Current Assets | $28.59B | $18.83B | $17.53B | $17.62B | $16.84B | $17.21B | $16.57B | $15.93B | $16.42B | $16.30B |
| Total Assets | $50.90B | $40.88B | $39.23B | $38.74B | $38.11B | $38.36B | $37.53B | $36.66B | $37.14B | $36.95B |
| Current Liabilities | $13.41B | $13.88B | $12.44B | $12.52B | $12.59B | $12.99B | $12.79B | $12.59B | $13.18B | $12.99B |
| Long-term Debt | - | - | - | - | - | - | - | - | - | - |
| Total Liabilities | - | - | - | - | - | - | - | - | - | - |
| Stockholders' Equity | $19.31B | $18.83B | $18.16B | $17.70B | $17.04B | $16.89B | $16.19B | $15.57B | $15.39B | $15.37B |
| Retained Earnings | ($2.32B) | ($3.25B) | ($4.13B) | ($4.74B) | ($5.44B) | ($5.84B) | ($7.02B) | ($7.79B) | ($8.36B) | ($8.82B) |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $500.00M | - | - | - | $709.00M | - | - | - | $784.00M | - |
| Investing Cash Flow | $1.04B | - | - | - | ($310.00M) | - | - | - | ($269.00M) | - |
| Financing Cash Flow | $9.52B | - | - | - | ($502.00M) | - | - | - | ($427.00M) | - |
| CapEx | $336.00M | - | - | - | $300.00M | - | - | - | $333.00M | - |
| Free Cash Flow | $164.00M | - | - | - | $409.00M | - | - | - | $451.00M | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | - | - | - | - | - | - | - | - | - | - |
| Operating margin | 19.3% | - | 11.7% | 14.0% | 8.7% | - | 13.5% | 11.7% | 10.2% | - |
| EBITDA margin | 24.7% | - | 15.7% | 18.2% | 13.2% | - | 17.5% | 15.6% | 14.6% | - |
| Net margin | 14.1% | - | 8.7% | 10.1% | 6.3% | - | 11.1% | 8.1% | 7.1% | - |
| Free cash flow margin | 2.5% | - | - | - | 6.4% | - | - | - | 7.0% | - |
| FCF / Net income | 0.18 | - | - | - | 1.02 | - | - | - | 0.99 | - |
| R&D / Revenue | 2.0% | - | 2.3% | 2.3% | 2.6% | - | - | - | - | - |
| SG&A / Revenue | 8.5% | - | 8.7% | 8.2% | 9.0% | - | 8.9% | 9.0% | 9.6% | - |
| Effective tax rate | 26.5% | - | 25.1% | 26.8% | 27.4% | - | 23.5% | 29.6% | 28.1% | - |
| Return on assets | 1.8% | - | 1.6% | 1.8% | 1.1% | - | 2.0% | 1.6% | 1.2% | - |
| Return on equity | 4.8% | - | 3.4% | 4.0% | 2.4% | - | 4.7% | 3.7% | 3.0% | - |
| Return on invested capital | - | - | - | - | - | - | - | - | - | - |
| Liquidity | ||||||||||
| Current ratio | 2.13 | 1.36 | 1.41 | 1.41 | 1.34 | 1.32 | 1.30 | 1.27 | 1.25 | 1.25 |
| Quick ratio | 1.77 | 1.00 | 1.00 | 1.00 | 0.93 | 0.94 | 0.88 | 0.86 | 0.84 | 0.86 |
| Cash ratio | 1.10 | 0.27 | 0.22 | 0.25 | 0.26 | 0.26 | 0.21 | 0.18 | 0.21 | 0.20 |
| Leverage | ||||||||||
| Debt / Equity | - | - | - | - | - | - | - | - | - | - |
| Debt / Assets | - | - | - | - | - | - | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | - | - | - | - | - | - | - | - | - | - |
| Equity multiplier | 2.64 | 2.17 | 2.16 | 2.19 | 2.24 | 2.27 | 2.32 | 2.35 | 2.41 | 2.40 |
| Liabilities / Assets | - | - | - | - | - | - | - | - | - | - |
| Efficiency | ||||||||||
| Asset turnover | 0.13 | - | 0.18 | 0.18 | 0.17 | - | 0.18 | 0.19 | 0.17 | - |
| Inventory turnover | - | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | 371d | - | 341d | 344d | 381d | - | 366d | 361d | 391d | - |
| Days inventory outstanding | - | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | - | - | - | - | - | - | - | - | - | - |
| P / B | - | - | - | - | - | - | - | - | - | - |
| P / S | - | - | - | - | - | - | - | - | - | - |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | 2.5% | - | 1.5% | -3.2% | 0.1% | - | 4.0% | 13.0% | 12.3% | - |
| Revenue CAGR (3y) | 4.8% | - | 9.3% | 11.0% | 10.0% | - | 10.7% | 11.6% | 10.3% | - |
| Revenue CAGR (5y) | 6.6% | - | 6.8% | 7.8% | 3.4% | - | 3.3% | 3.6% | 2.7% | - |
| Gross profit growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| Operating income growth (YoY) | 127.1% | - | -11.7% | 16.1% | -14.1% | - | 30.3% | 62.1% | 49.1% | - |
| Net income growth (YoY) | 131.3% | - | -20.5% | 21.1% | -11.6% | - | 47.9% | 41.2% | -21.0% | - |
| EPS growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | -59.9% | - | - | - | -9.3% | - | - | - | 198.7% | - |
| FCF CAGR (5y) | -18.5% | - | - | - | 29.3% | - | - | - | - | - |
| Book value growth (YoY) | 13.3% | 11.5% | 12.2% | 13.6% | 10.7% | 9.9% | 6.2% | 3.0% | 4.6% | 6.8% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Business segments
$27.73B totalOilfield Services And Equipment$14.32B · 51.6%
Industrial And Energy Technology$13.41B · 48.4%
Product / service
$68.23B totalProduct$18.22B · 26.7%
Gas Technology$9.65B · 14.1%
Service$9.52B · 13.9%
Gas Technology Equipment$6.62B · 9.7%
Production Solutions$3.81B · 5.6%
Completions Intervention And Measurements$3.75B · 5.5%
Well Construction$3.65B · 5.3%
Subsea And Surface Pressure Systems$3.12B · 4.6%
Industrial Technology$3.11B · 4.6%
Gas Technology Services$3.03B · 4.4%
Industrial Products$1.99B · 2.9%
Industrial Solutions$1.12B · 1.6%
Climate Technology Solutions$647.00M · 0.9%
Geographic
$42.06B totalNon Us$20.03B · 47.6%
US$7.70B · 18.3%
Middle East And Asia$5.67B · 13.5%
North America$3.77B · 9.0%
Europe Commonwealth Of Independent States And Sub Saharan Africa$2.46B · 5.8%
Latin America$2.42B · 5.8%
Peer comparison
Same SIC group: Oil & Gas Field Machinery & Equipment
Comparing Baker Hughes Co against the 5 most active filers in the same SIC group.
Dividends
$0.92/share trailing 12 months · +4.5% YoY
| Ex-date | Per share |
|---|---|
| May 5, 2026 | $0.2300 |
| Feb 17, 2026 | $0.2300 |
| Nov 4, 2025 | $0.2300 |
| Aug 5, 2025 | $0.2300 |
| May 6, 2025 | $0.2300 |
| Feb 11, 2025 | $0.2300 |
| Nov 4, 2024 | $0.2100 |
| Aug 6, 2024 | $0.2100 |
| May 3, 2024 | $0.2100 |
| Feb 12, 2024 | $0.2100 |
| Nov 3, 2023 | $0.2000 |
| Aug 7, 2023 | $0.2000 |
| May 26, 2023 | $0.1900 |
| Feb 3, 2023 | $0.1900 |
| Nov 4, 2022 | $0.1900 |
| Aug 8, 2022 | $0.1800 |
| May 27, 2022 | $0.1800 |
| Feb 4, 2022 | $0.1800 |
| Nov 1, 2021 | $0.1800 |
| Aug 9, 2021 | $0.1800 |
| May 24, 2021 | $0.1800 |
| Feb 8, 2021 | $0.1800 |
| Nov 6, 2020 | $0.1800 |
| Aug 7, 2020 | $0.1800 |