Baker Hughes Q3 revenue rises 1% to $7.0 billion; GAAP net income falls 20%
Baker Hughes reported third-quarter 2025 revenue of $7,010 million, up 1% from a year earlier, and orders of $8.2 billion, up 23%. GAAP net income attributable to Baker Hughes fell 20% to $609 million and GAAP diluted EPS was $0.61, while adjusted diluted EPS rose 3% to $0.68. The company also said it intends to acquire Chart Industries for approximately $13.6 billion.
Key points
- Revenue of $7,010 million, up 1% year-over-year; Industrial & Energy Technology revenue rose 15% while OFSE revenue fell 8%.
- GAAP diluted EPS of $0.61 versus $0.77 a year earlier; adjusted diluted EPS of $0.68 versus $0.67.
- Orders of $8.2 billion, up 23% year-over-year, including $4.1 billion of IET orders; remaining performance obligations were $35.3 billion.
- Announced intent to acquire Chart Industries for approximately $13.6 billion; conference call scheduled for October 24, 2025 at 9:30 a.m. Eastern Time.
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 October 23, 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.