Baker Hughes revenue and financials
$57.38Change from previous close: +2.46%Absolute change: +$1.38
In the fiscal year ended December 2025, Baker Hughes reported revenue of $27.73B (−0.34% year over year). Net income was $2.59B, a net margin of 9.3%.
Fiscal year ending in December. Sources and method on the page Methodology and sources.
At a glance
- Revenue growth
- −0.34%
- 2025 vs 2024
- Net income growth
- −13.13%
- 2025 vs 2024
- Net margin
- 9.3%
- 2024: 10.7%
Financial data
Amounts in millions of USD; per-share values in USD; shares in millions.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 27,733 | 27,829 | 25,506 | 21,156 | 20,502 | 20,705 | 23,838 | 22,877 | 17,179 | 13,082 |
| Cost of revenue | 21,167 | 21,273 | 19,569 | 16,725 | 16,453 | — | — | — | 9,402 | 7,816 |
| Gross profit | 6,566 | 6,556 | 5,937 | 4,431 | 4,049 | — | 4,432 | 3,986 | 3,036 | 3,146 |
| Selling, general and administrative | 2,455 | 2,480 | 2,629 | 2,504 | 2,447 | — | — | — | — | — |
| Research and development | 600 | 643 | 651 | 552 | 492 | 595 | 687 | 700 | 501 | 352 |
| Operating income | 3,511 | 3,081 | 2,317 | 1,185 | 1,310 | -15,978 | 1,074 | 701 | -284 | 457 |
| EBIT | 3,511 | 3,433 | 2,657 | 1,928 | 1,478 | — | — | — | — | — |
| EBITDA | 4,695 | 4,569 | 3,744 | 2,989 | 2,583 | — | — | — | — | — |
| Interest expense | 304 | 291 | 216 | 252 | 299 | — | — | — | — | — |
| Pre-tax income | 2,877 | 3,265 | 2,655 | 22.0 | 428 | — | — | — | — | — |
| Income tax | 253 | 257 | 685 | 600 | 758 | 559 | 482 | 258 | 45.0 | 173 |
| Net income | 2,588 | 2,979 | 1,943 | -601 | -219 | -9,940 | 128 | 195 | -103 | 0.0 |
| Net income to common shareholders | 2,588 | 2,979 | 1,943 | -601 | -219 | — | — | — | — | — |
| Basic EPS | 2.62 | 3.00 | 1.93 | -0.61 | -0.27 | -14.73 | 0.23 | 0.46 | -0.24 | — |
| Diluted EPS | 2.60 | 2.98 | 1.91 | -0.61 | -0.27 | -14.73 | 0.23 | 0.45 | -0.24 | — |
| Average shares (basic) | 988 | 994 | 1,008 | 987 | 824 | — | — | — | — | — |
| Average shares (diluted) | 994 | 1,001 | 1,015 | 987 | 824 | — | — | — | — | — |
| Dividend per share | 0.92 | 0.84 | 0.78 | 0.73 | 0.72 | — | — | — | — | — |