Baker Hughes revenue and financials
$57.13Change from previous close: −0.44%Absolute change: −$0.25
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 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 3,810 | 3,332 | 3,062 | 1,888 | 2,374 | 1,304 | 2,126 | 1,762 | -799 | 262 |
| Depreciation and amortization | 1,188 | 1,136 | 1,087 | 1,061 | 1,105 | 1,317 | 1,418 | 1,486 | 1,103 | 550 |
| Capital expenditure | -1,273 | -1,278 | -1,224 | -989 | -856 | -974 | -1,240 | -995 | -665 | -424 |
| Investing cash flow | -2,044 | -1,016 | -817 | -1,564 | -463 | — | — | — | — | — |
| Financing cash flow | -1,482 | -1,527 | -2,028 | -1,592 | -2,143 | — | — | — | — | — |
| Dividends paid | -910 | -836 | -786 | -726 | -592 | -488 | -395 | -315 | -155 | 0.0 |
| Share repurchases | -384 | -484 | -538 | -828 | -434 | 0.0 | 0.0 | -387 | -174 | 0.0 |
| Debt issued | — | — | 0.0 | 0.0 | 1,250 | — | — | — | — | — |
| Debt repaid | 0.0 | -143 | -651 | 0.0 | -2,145 | — | — | — | — | — |
| Effect of exchange rates | 67.0 | -71.0 | -59.0 | -97.0 | -47.0 | — | — | — | — | — |
| Net change in cash | 351 | 718 | 158 | -1,365 | -279 | — | — | — | — | — |
| Free cash flow | 2,537 | 2,054 | 1,838 | 899 | 1,518 | — | — | — | — | — |
| Levered free cash flow | 1,127 | 1,949 | 2,449 | 711 | 1,601 | — | — | — | — | — |