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AI brief of an SEC Form 8-K · Baker Hughes (BKR)

Baker Hughes Q4 revenue rises 8% to $7.4 billion; GAAP EPS $1.18 vs $0.43

Positive Impact 3 of 5 earnings Written later

Baker Hughes reported fourth-quarter 2024 revenue of $7.4 billion, up 8% year-over-year, and GAAP diluted EPS of $1.18 versus $0.43 a year earlier, with the GAAP figure boosted by a $664 million U.S. tax valuation allowance release. Full-year 2024 revenue was $27.8 billion, up 9%, and the company said it will raise its quarterly dividend 10% to $0.23. Shareholders see higher revenue, profit and a larger dividend, though fourth-quarter operating income fell 29% sequentially after a $281 million restructuring, impairment and other charge.

Key points

  • Q4 2024 revenue of $7,364 million, up 8% year-over-year; orders of $7,496 million, up 9%.
  • GAAP diluted EPS of $1.18 vs. $0.43 a year earlier; adjusted diluted EPS of $0.70, up 37%.
  • Q4 GAAP income tax benefit of $398 million reflects a $664 million valuation allowance release; restructuring, impairment and other charges were $281 million.
  • Quarterly dividend to increase 10% to $0.23 per share; full-year 2024 adjusted diluted EPS was $2.35.

The filing

CompanyBaker Hughes (BKR)
Form8-K, current report
Filed with the SECJan 30, 2025, 5:10 PM ET
Accession number0001701605-25-000014

Items reported: 2.02 Results of Operations7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:30 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on January 30, 2025.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.