Baker Hughes (BKR)

Nasdaq Energy Oil & Gas Equipment & Services S&P 500Nasdaq-100
$47.87
+1.67 (+3.61%)
Close of Nov 06, 2026 · end-of-day data
Source: Baker Hughes's 10-K / 10-Q XBRL data on SEC EDGAR · fetched Nov 05, 2026

Revenue, net income & free cash flow

Income statement

fiscal years · USD
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue$13.08B$17.18B$22.88B$23.84B$20.70B$20.50B$21.16B$25.51B$27.83B$27.73B
Cost of revenue$7.82B$9.40B————————
Gross profit$2.93B$3.04B$3.99B$4.43B——————
Research & development$352.00M$501.00M$700.00M$687.00M$595.00M$492.00M$552.00M$651.00M$643.00M$600.00M
Selling, general & admin$1.93B$2.54B$2.70B$2.83B$2.40B$2.47B$2.51B$2.61B$2.46B$2.39B
Operating income$457.00M-$284.00M$701.00M$1.07B-$15.98B$1.31B$1.19B$2.32B$3.08B—
Pre-tax income$358.00M-$346.00M$541.00M$753.00M-$15.20B$428.00M$22.00M$2.65B$3.27B$2.88B
Income tax$173.00M$45.00M$258.00M$482.00M$559.00M$758.00M$600.00M$685.00M$257.00M$253.00M
Net income$0-$103.00M$195.00M$128.00M-$9.94B-$219.00M-$601.00M$1.94B$2.98B$2.59B
EBITDA$1.01B$819.00M$2.19B$2.49B-$14.66B$2.42B$2.25B$3.40B$4.22B—
EPS (basic)—$-0.24$0.46$0.23$-14.73$-0.27$-0.61$1.93$3.00—
EPS (diluted)—$-0.24$0.45$0.23$-14.73$-0.27$-0.61$1.91$2.98—
Gross margin22.4%17.7%17.4%18.6%——————
Operating margin3.5%-1.7%3.1%4.5%-77.2%6.4%5.6%9.1%11.1%—
Net margin0.0%-0.6%0.9%0.5%-48.0%-1.1%-2.8%7.6%10.7%9.3%

Balance sheet

fiscal years · USD
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash & equivalents$981.00M$7.03B$3.72B$3.25B$4.13B$3.85B$2.49B$2.65B$3.36B$3.71B
Receivables$2.56B$6.01B$5.97B$6.42B$5.62B$5.65B$5.96B$7.08B$7.12B$6.64B
Inventory$3.17B$4.51B$4.62B$4.61B$4.42B$3.98B$4.59B$5.09B$4.95B$4.95B
Total current assets$7.34B$18.42B$14.97B$15.22B$16.45B$15.06B$14.59B$16.30B$17.21B$18.83B
Goodwill$6.68B$19.93B$20.72B$20.69B$5.98B$5.96B$5.93B$6.14B$6.08B$6.07B
Total assets$21.47B$56.50B$52.44B$53.37B$38.01B$35.31B$34.18B$36.95B$38.36B$40.88B
Total current liabilities$5.32B$9.23B$9.02B$10.01B$10.23B$9.13B$11.07B$12.99B$12.99B$13.88B
Short-term debt$239.00M$2.04B$942.00M$321.00M$889.00M$40.00M$677.00M$148.00M$53.00M$689.00M
Long-term debt$37.00M$6.31B$6.29B$6.30B$6.74B$6.69B$5.98B$5.87B$5.97B$5.40B
Total debt$276.00M$8.35B$7.23B$6.62B$7.63B$6.73B$6.66B$6.02B$6.02B$6.09B
Total liabilities$0$42.22B$34.97B$31.44B$25.11B$20.48B$19.79B$21.58B$21.47B$22.05B
Shareholders' equity$14.11B$14.28B$17.46B$21.93B$12.89B$14.83B$14.39B$15.37B$16.89B$18.83B

Cash flow

fiscal years · USD
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow$262.00M-$799.00M$1.76B$2.13B$1.30B$2.37B$1.89B$3.06B$3.33B$3.81B
Capital expenditures$424.00M$665.00M$995.00M$1.24B$974.00M$856.00M$989.00M$1.22B$1.28B$1.27B
Free cash flow-$162.00M-$1.46B$767.00M$886.00M$330.00M$1.52B$899.00M$1.84B$2.05B$2.54B
Investing cash flow-$472.00M-$4.12B-$578.00M-$1.04B-$618.00M-$463.00M-$1.56B-$817.00M-$1.02B-$2.04B
Financing cash flow-$102.00M$10.92B-$4.36B-$1.53B$225.00M-$2.14B-$1.59B-$2.03B-$1.53B-$1.48B
Dividends paid$0$155.00M$315.00M$395.00M$488.00M$592.00M$726.00M$786.00M$836.00M$910.00M
Share buybacks$0$174.00M$387.00M$0$0$434.00M$828.00M$538.00M$484.00M$384.00M
Stock-based compensation————$210.00M$205.00M$207.00M$197.00M$202.00M$203.00M
Depreciation & amortization$550.00M$1.10B$1.49B$1.42B$1.32B$1.10B$1.06B$1.09B$1.14B$1.19B

Quarterly figures are rebuilt from the year-to-date totals companies report — Q4 is the full year minus the first nine months, since no 10-Q is filed for it. Values are as filed; later restatements replace earlier ones. Fiscal years are labelled by the calendar year in which they end.