Baker HughesBKREarnings & Financial Report
Baker Hughes Company is an American global energy technology company co-headquartered in Houston, Texas and London, UK. As one of the world's largest oil field services, industrial and energy technology companies, it provides products and services to the oil and gas industry for exploration and production, as well as other energy and industrial applications. It operates in over 120 countries, with facilities in Australia, Brazil, Singapore, Malaysia, India, UAE, Saudi Arabia, Italy, Germany, ...
BKR Q1 FY2026 Key Financial Metrics
Revenue
$6.6B
Gross Profit
$1.5B
Operating Profit
N/A
Net Profit
$930.0M
Gross Margin
22.8%
Operating Margin
N/A
Net Margin
14.1%
YoY Growth
-7.5%
EPS
$0.93
Baker Hughes Q1 FY2026 Financial Summary
Baker Hughes reported revenue of $6.6B (down 7.5% YoY) for Q1 FY2026, with a net profit of $930.0M (up 131.3% YoY) (14.1% margin). Cost of goods sold was $5.1B.
Key Financial Metrics
| Total Revenue | $6.6B |
|---|---|
| Net Profit | $930.0M |
| Gross Margin | 22.8% |
| Operating Margin | N/A |
| Report Period | Q1 FY2026 |
Baker Hughes Annual Revenue by Year
Baker Hughes annual revenue history includes year-by-year totals (for example, 2025 revenue was $27.7B).
Baker Hughes Quarterly Revenue & Net Profit History
Baker Hughes results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q1 FY2026 | $6.6B | -7.5% | $930.0M | 14.1% |
| Q4 FY2025 | $7.4B | +0.3% | $876.0M | 11.9% |
| Q3 FY2025 | $7.0B | +1.5% | $609.0M | 8.7% |
| Q2 FY2025 | $6.9B | -3.2% | $701.0M | 10.1% |
| Q1 FY2025 | $6.4B | +0.1% | $402.0M | 6.3% |
| Q4 FY2024 | $7.4B | +7.8% | $1.2B | 16.0% |
| Q3 FY2024 | $6.9B | +4.0% | $766.0M | 11.1% |
| Q2 FY2024 | $7.1B | +13.0% | $579.0M | 8.1% |
Income Statement
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $7.14B | $6.91B | $7.36B | $6.43B | $6.91B | $7.01B | $7.39B | $6.59B |
| YoY Growth | 13.0% | 4.0% | 7.8% | 0.1% | -3.2% | 1.5% | 0.3% | -7.5% |
Balance Sheet
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $36.66B | $37.53B | $38.36B | $38.11B | $38.74B | $39.23B | $40.88B | $50.90B |
| Liabilities | $21.08B | $21.34B | $21.47B | $21.07B | $21.04B | $21.08B | $22.05B | $31.41B |
| Equity | $15.57B | $16.19B | $16.89B | $17.04B | $17.70B | $18.16B | $18.83B | $19.49B |
Cash Flow
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|
| Operating CF | $348.0M | $1.01B | $1.19B | $709.0M | $510.0M | $929.0M | $1.66B |