Baker Hughes Q1 revenue flat at $6.4 billion; adjusted EPS up 19% to $0.51
Baker Hughes reported first-quarter 2025 results on April 22, 2025, with revenue of $6,427 million, flat year over year. GAAP net income attributable to the company fell 12% to $402 million, while adjusted diluted EPS rose 19% to $0.51 on adjusted EBITDA of $1,037 million, up 10%. Management said its outlook is tempered by broader macro and trade policy uncertainty, and a conference call is set for April 23, 2025.
Key points
- Revenue of $6,427 million, up $9 million year over year and down 13% sequentially.
- GAAP diluted EPS of $0.40, versus $0.45 in the first quarter of 2024; adjusted diluted EPS of $0.51, versus $0.43.
- Adjusted EBITDA of $1,037 million, up 10% year over year; free cash flow of $454 million.
- Shareholder returns of $417 million in the quarter, including $188 million of share repurchases.
The filing
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 April 22, 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.