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 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | 52,620 | 50,896 | 40,881 | 39,233 | 38,740 | 38,110 | 38,363 | 37,530 | 36,656 | 37,141 | 36,945 | 36,550 |
| Current assets | 30,583 | 28,591 | 18,828 | 17,529 | 17,618 | 16,841 | 17,211 | 16,568 | 15,930 | 16,420 | 16,301 | 16,161 |
| Cash and equivalents | 15,727 | 14,764 | 3,715 | 2,693 | 3,087 | 3,277 | 3,364 | 2,664 | 2,284 | 2,717 | 2,646 | 3,201 |
| Short-term investments | 1,297 | 1,170 | — | — | — | — | — | — | — | — | — | 1,052 |
| Receivables | 6,654 | 6,696 | 6,641 | 6,555 | 6,511 | 6,710 | 7,122 | 6,920 | 7,051 | 6,873 | 7,075 | 6,505 |
| Inventory | 4,961 | 4,868 | 4,954 | 5,036 | 5,105 | 5,161 | 4,954 | 5,254 | 5,126 | 5,339 | 5,094 | 4,964 |
| Net property, plant and equipment | 5,540 | 5,540 | 5,948 | 5,264 | 5,176 | 5,168 | 5,805 | 5,150 | 4,951 | 4,931 | 5,662 | 4,768 |
| Goodwill | 5,566 | 6,032 | 6,068 | 6,051 | 5,801 | 6,126 | 6,078 | 6,167 | 6,105 | 6,114 | 6,137 | 6,048 |
| Other intangible assets | 3,997 | 4,073 | 4,097 | 4,180 | 3,919 | 3,927 | 3,951 | 3,995 | 4,019 | 4,055 | 4,093 | 4,104 |
| Long-term investments | — | 156 | 1,117 | — | — | — | 1,080 | — | — | — | 979 | — |
| Current liabilities | 14,599 | 13,413 | 13,877 | 12,438 | 12,515 | 12,594 | 12,991 | 12,790 | 12,586 | 13,179 | 12,991 | 12,681 |
| Accounts payable | 4,509 | 4,257 | 4,579 | 4,196 | 4,340 | 4,465 | 4,542 | 4,431 | 4,649 | 4,595 | 4,471 | 4,123 |
| Long-term debt | 15,479 | 15,411 | 5,398 | 5,988 | 5,968 | 5,969 | 5,970 | 5,984 | 5,861 | 5,859 | 5,872 | 5,927 |
| Total debt | 16,253 | 16,164 | 6,087 | 6,056 | 6,034 | — | — | — | — | — | — | — |
| Total liabilities | 32,536 | 31,406 | 21,871 | 20,905 | 20,872 | 20,904 | 21,308 | 21,187 | 20,935 | 21,591 | 21,426 | 21,155 |
| Total equity (incl. minority) | 20,084 | 19,490 | 19,010 | 18,328 | 17,868 | 17,206 | 17,055 | 16,343 | 15,721 | 15,550 | 15,519 | 15,395 |
| Retained earnings | -1,641 | -2,322 | -3,252 | -4,128 | -4,737 | -5,438 | -5,840 | -7,019 | -7,785 | -8,364 | -8,819 | -9,258 |
| Minority interest | 176 | 176 | 176 | 171 | 171 | 164 | 160 | 154 | 147 | 159 | 151 | 145 |