Baker Hughes revenue and financials

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Close · October 6, 2026

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%.

Annual revenue · 2025: $27.73B
  1. $13.08B2016
  2. $17.18B2017
  3. $22.88B2018
  4. $23.84B2019
  5. $20.71B2020
  6. $20.5B2021
  7. $21.16B2022
  8. $25.51B2023
  9. $27.83B2024
  10. $27.73B2025

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.

Balance sheet · Annual
Item2025202420232022202120202019201820172015
Total assets40,88138,36336,94534,18135,30838,00753,36952,43957,050—
Current assets18,82817,21116,30114,59215,06516,45515,22214,97118,499—
Cash and equivalents3,7153,3642,6462,4883,8534,1323,2493,7237,0231,432
Short-term investments————1,041—————
Receivables6,6417,1227,0755,9585,651—————
Inventory4,9544,9545,0944,5873,979—————
Net property, plant and equipment5,9485,8055,6625,2955,699—————
Goodwill6,0686,0786,1375,9305,9595,97720,69020,71719,9276,867
Other intangible assets4,0973,9514,0934,1804,131—————
Long-term investments1,1171,080979919——————
Current liabilities13,87712,99112,99111,0759,12810,22710,0149,0208,897—
Accounts payable4,5794,5424,4714,2983,745—————
Long-term debt5,3985,9705,8725,9806,6876,7446,3016,2856,312—
Total debt6,0876,0236,0216,658——————
Total liabilities21,87121,30821,42619,65618,562—————
Total equity (incl. minority)19,01017,05515,51914,52516,746—————
Retained earnings-3,252-5,840-8,819-10,761-10,160—————
Minority interest1761601511311,916—————