Baker Hughes Co (BKR) Financial Statements
Industry: Oil & Gas Field Machinery & Equipment
In fiscal 2025, Baker Hughes reported revenue of $27.73B, down 0.3% from $27.83B the year before. Net income was $2.59B (a 9.3% net margin), or $2.60 per diluted share. Gross margin was 48.1% and operating margin was 37.3%. Operating activities generated $3.81B of cash, leaving $2.54B of free cash flow. At fiscal year end, Baker Hughes held $40.88B in total assets against $22.05B in total liabilities.
Open the full interactive Baker Hughes financials → Quarterly statements, key ratios, valuation history and price charts.
Baker Hughes Key Stats
| Share Price | $56.45 |
|---|---|
| Market Cap | $56.28B |
| P/E Ratio | 21.7 |
| Revenue YoY Growth | -0.3% |
| 52-Week Range | $43.79 – $69.18 |
| Shares Outstanding | 992.0 million (basic, 2026 Q2) |
Baker Hughes Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $20.70B | $20.50B | $21.16B | $25.51B | $27.83B | $27.73B |
| Cost of Goods Sold | $11.38B | $10.46B | $10.45B | $23.19B | $24.75B | $14.39B |
| Gross Profit | $9.32B | $10.04B | $10.71B | $2.32B | $3.08B | $13.35B |
| Operating Income | -$15.98B | $1.31B | $1.19B | $2.32B | $3.08B | $10.36B |
| Pre-Tax Income | -$15.20B | $428.0M | $22.0M | $2.65B | $3.27B | $2.88B |
| Income Tax | $559.0M | $758.0M | $600.0M | $685.0M | $257.0M | $253.0M |
| Net Income | -$9.94B | -$219.0M | -$601.0M | $1.94B | $2.98B | $2.59B |
| Diluted EPS | -$14.73 | -$0.27 | -$0.61 | $1.91 | $2.98 | $2.60 |
Baker Hughes Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $7.01B | $7.39B | $6.59B | $6.74B |
| Net Income | $609.0M | $876.0M | $930.0M | $681.0M |
| Diluted EPS | $0.61 | $0.88 | $0.93 | $0.68 |
Baker Hughes Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Current Assets | $16.45B | $15.06B | $14.59B | $16.30B | $17.21B | $18.83B |
| Total Assets | $38.01B | $35.31B | $34.18B | $36.95B | $38.36B | $40.88B |
| Current Liabilities | $10.23B | $9.13B | $11.07B | $12.99B | $12.99B | $13.88B |
| Total Long-Term Debt | $6.74B | $6.69B | $5.98B | $5.87B | $5.97B | $5.40B |
| Total Liabilities | $25.11B | $20.48B | $19.79B | $21.58B | $21.47B | $22.05B |
| Shareholders' Equity | $12.89B | $14.83B | $14.39B | $15.37B | $16.89B | $18.83B |
Baker Hughes Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $1.30B | $2.37B | $1.89B | $3.06B | $3.33B | $3.81B |
| Cash From Investing | -$618.0M | -$463.0M | -$1.56B | -$817.0M | -$1.02B | -$2.04B |
| Cash From Financing | $225.0M | -$2.14B | -$1.59B | -$2.03B | -$1.53B | -$1.48B |
| Free Cash Flow | $330.0M | $1.52B | $899.0M | $1.84B | $2.05B | $2.54B |
Figures from Baker Hughes' 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Baker Hughes financials page for every line item.
Baker Hughes Company Profile
| Ticker | BKR |
|---|---|
| Exchange | Nasdaq |
| Industry | Oil & Gas Field Machinery & Equipment |
| Headquarters | Houston, Texas |
| Incorporated in | Delaware |
| Fiscal Year End | December 31 |
| SEC Filer Category | Large accelerated filer |
| SEC CIK | 0001701605 |
Frequently Asked Questions
What was Baker Hughes' revenue in fiscal 2025?
Baker Hughes (BKR) reported revenue of $27.73B for fiscal 2025.
What is Baker Hughes' annual revenue history?
Baker Hughes' annual revenue by fiscal year: 2020: $20.70B; 2021: $20.50B; 2022: $21.16B; 2023: $25.51B; 2024: $27.83B; 2025: $27.73B.
What was Baker Hughes' net income in fiscal 2025?
Baker Hughes reported net income of $2.59B for fiscal 2025.
What was Baker Hughes' earnings per share (EPS) in fiscal 2025?
Baker Hughes' diluted EPS was $2.60 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did Baker Hughes generate in fiscal 2025?
Baker Hughes generated $2.54B of free cash flow in fiscal 2025.
What was Baker Hughes' revenue last quarter?
In its most recent reported quarter (2026 Q2), Baker Hughes reported revenue of $6.74B.
How much debt does Baker Hughes have?
Baker Hughes reported $5.40B of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of Baker Hughes are outstanding?
Baker Hughes reported a weighted average of 992.0 million basic shares outstanding in 2026 Q2.
What is Baker Hughes' market cap?
Based on its latest closing price, Baker Hughes (BKR) has a market capitalization of about $56.28B.
When does Baker Hughes' fiscal year end?
Baker Hughes' fiscal year end, as registered with the SEC, is December 31.
Where is Baker Hughes headquartered?
Baker Hughes lists its business address in Houston, Texas in its SEC filings.