Baker Hughes Company Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	27,893	27,733	27,829	25,506	21,156	20,502
Revenue Growth (YoY)	0.20%	-0.34%	9.11%	20.56%	3.19%	-0.98%
Cost of Revenue	5,633	21,189	21,346	19,604	16,756	16,453
Gross Profit	22,260	6,544	6,483	5,902	4,400	4,049
Selling, General & Admin	2,372	2,387	2,458	2,611	2,510	2,470
Research & Development	587	600	643	651	-	-
Other Operating Expenses	-485	458	-81	-231	705	269
Total Operating Expenses	2,474	3,445	3,020	3,031	3,215	2,739
Operating Income	19,786	3,099	3,463	2,871	1,185	1,310
Total Non-Operating Income (Expense)	257	222	198	216	-1,163	-882
Pretax Income	3,590	2,877	3,265	2,655	22	428
Provision for Income Taxes	437	253	257	685	600	758
Net Income	3,153	2,624	3,008	1,970	-578	-330
Minority Interest in Earnings	37	36	29	27	23	-111
Net Income to Common	3,116	2,588	2,979	1,943	-601	-219
Net Income Growth	6.49%	-13.13%	53.32%	-	-	-
Shares Outstanding (Basic)	988	988	994	1,008	985	824
Shares Outstanding (Diluted)	993	994	1,001	1,015	985	824
Shares Change (YoY)	-0.63%	-0.70%	-1.38%	3.02%	19.57%	22.07%
EPS (Basic)	3.16	2.62	3.00	1.93	-0.61	-0.27
EPS (Diluted)	3.13	2.60	2.98	1.91	-0.61	-0.27
EPS Growth	6.83%	-12.75%	56.02%	-	-	-
Free Cash Flow	2,292	2,537	2,054	1,838	899	1,518
Free Cash Flow Growth	-9.66%	23.52%	11.75%	104.45%	-40.78%	360.00%
Free Cash Flow Per Share	2.31	2.55	2.05	1.81	0.91	1.84
Dividends Per Share	0.920	0.920	0.840	0.780	0.730	0.720
Dividend Growth	-	9.52%	7.69%	6.85%	1.39%	-
Gross Margin	79.81%	23.60%	23.30%	23.14%	20.80%	19.75%
Operating Margin	70.94%	11.17%	12.44%	11.26%	5.60%	6.39%
Profit Margin	11.30%	9.46%	10.81%	7.72%	-2.73%	-1.61%
FCF Margin	8.22%	9.15%	7.38%	7.21%	4.25%	7.40%
EBITDA	21,042	4,287	4,599	3,958	2,246	2,415
EBITDA Margin	75.44%	15.46%	16.53%	15.52%	10.62%	11.78%
EBIT	19,786	3,099	3,463	2,871	1,185	1,310
EBIT Margin	70.94%	11.17%	12.44%	11.26%	5.60%	6.39%
Effective Tax Rate	12.17%	8.79%	7.87%	25.80%	2727.27%	177.10%

SEC Filings: 10-K · 10-Q