BKR
Baker Hughes Co.
NASDAQ · Energy · Oil & Gas Equipment & Services · US
$50.94
−3.50%Income statement
| Metric | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Revenue | |||||
| Total Revenue | 28.7B | 27.7B | 27.8B | 25.5B | 21.2B |
| Cost of Revenue | 22.0B | 21.2B | 21.3B | 19.6B | 16.2B |
| Gross Profit | 6.8B | 6.5B | 6.5B | 5.9B | 5.0B |
| Operating Expenses | |||||
| R&D Expense | 573.0M | 600.0M | 643.0M | 658.0M | 556.0M |
| SG&A Expense | 2.5B | 2.4B | 2.5B | 2.6B | 2.5B |
| General & Admin Expense | 732.0M | — | — | — | — |
| Selling & Marketing Expense | — | — | — | — | — |
| Other Expenses | 204.0M | — | — | — | — |
| Total Operating Expenses | 3.3B | 3.0B | 3.1B | 3.3B | 3.1B |
| Cost and Expenses | 25.3B | 24.2B | 24.4B | 22.9B | 19.3B |
| Operating Income (EBIT) | 3.5B | 3.6B | 3.4B | 2.6B | 1.9B |
| Non-Operating | |||||
| Interest Income | — | — | — | — | — |
| Interest Expense | 390.0M | 222.0M | 198.0M | 216.0M | 252.0M |
| Net Interest Income | (390.0M) | (222.0M) | (198.0M) | (216.0M) | (252.0M) |
| Other Non-Op Income/Expense | (273.0M) | (680.0M) | (117.0M) | 15.0M | (1.9B) |
| Non-Operating Income (excl Interest) | (117.0M) | 458.0M | (81.0M) | (231.0M) | 1.6B |
| EBT (Pre-Tax Income) | 3.2B | 2.9B | 3.3B | 2.7B | 22.0M |
| Income Tax Expense | (136.0M) | 253.0M | 257.0M | 685.0M | 600.0M |
| Bottom Line | |||||
| Net Income | 2.9B | 2.6B | 3.0B | 1.9B | (601.0M) |
| Earnings from Cont. Ops | 3.3B | 2.6B | 3.0B | 2.0B | (578.0M) |
| Earnings from Discont. Ops | — | — | — | — | — |
| Bottom Line Net Income | 2.9B | 2.6B | 3.0B | 1.9B | (601.0M) |
| Per Share | |||||
| Basic EPS | $2.93 | $2.62 | $3.00 | $1.93 | ($0.61) |
| Diluted EPS | $2.91 | $2.60 | $2.98 | $1.91 | ($0.61) |
| Revenue Per Share | $28.94 | $28.07 | $27.84 | $25.30 | $21.43 |
| Shares | |||||
| Basic Shares Outstanding | 993.0M | 988.0M | 999.7M | 1.0B | 987.0M |
| Diluted Shares Outstanding | 998.0M | 994.0M | 1.0B | 1.0B | 987.0M |
| Profitability Metrics | |||||
| EBITDA | 5.1B | 4.3B | 4.6B | 4.0B | 1.3B |
| D&A | 1.5B | 1.2B | 1.1B | 1.1B | 1.1B |
| EBIT | 3.6B | 3.1B | 3.5B | 2.9B | 274.0M |
As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Sep 1, 2026