Baker Hughes Co

Listed Company

BKRCIK 0001701605NasdaqLarge AcceleratedOil & Gas Field Machinery & EquipmentDelawareFY ends Dec 31

Period

FY 2025

Revenue

$27.73B

Net Income

$2.59B

Total Assets

$40.88B

Equity

$18.83B

Shares Out

992.07M

Op. Cash Flow

$3.81B

BKR$55.94+42.70% · past yearDBEQ Basic

Daily closing prices

Business

Baker Hughes is an energy technology company providing diversified products and services spanning the energy and industrial value chain. Its offerings include drilling, well construction, completions, production systems, subsea equipment, gas turbines, compressors, liquefaction systems, industrial inspection technologies, and emissions-reduction solutions for oil & gas, LNG, power generation, and industrial sectors. The company operates through two segments—Oilfield Services & Equipment and Industrial & Energy Technology—serving upstream, midstream, downstream, and emerging energy markets globally across more than 120 countries.

Summary from 10-K filed 2026-02-05

Financials

Consolidated Statement of Income

Year Ended · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Total revenue	27,733	27,829	25,506	21,156	20,502
Selling, general and administrative	2,387	2,458	2,611	2,510	2,470
Research and development costs	600	643	651	—	—
Restructuring	215	260	313	—	—
Other (income) expense, net	243	−341	−544	−911	−583
Interest expense, net	222	198	216	−252	−299
Income before income taxes	2,877	3,265	2,655	22	428
Provision for income taxes	−253	−257	−685	−600	−758
Net income	2,624	3,008	1,970	−578	−330
Less: Net income attributable to noncontrolling interests	36	29	27	23	−111
Net income attributable to Baker Hughes Company	2,588	2,979	1,943	−601	−219

Consolidated Balance Sheet

As of · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Cash and cash equivalents	3,715	3,364	2,646	2,488	3,853
Current receivables, net	6,641	7,122	7,075	5,958	5,651
Inventories, net	4,954	4,954	5,094	4,587	3,979
All other current assets	3,518	1,771	1,486	1,559	1,582
Total current assets	18,828	17,211	16,301	14,592	15,065
Property, plant and equipment, less accumulated depreciation	5,326	5,127	4,893	4,538	4,877
Goodwill	6,068	6,078	6,137	5,930	5,959
Other intangible assets, net	4,097	3,951	4,093	4,180	4,131
Contract and other deferred assets	1,620	1,730	1,756	1,503	1,598
Deferred income tax assets	1,957	1,284	722	657	735
All other assets	2,985	2,982	3,043	2,781	2,943
Total assets	40,881	38,363	36,945	34,181	35,308
Accounts payable	4,579	4,542	4,471	4,298	3,745
Short-term and current portion of long-term debt	689	53	148	677	40
Progress collections and deferred income	5,904	5,672	5,542	3,822	3,232
All other current liabilities	2,705	2,724	2,830	2,278	2,111
Total current liabilities	13,877	12,991	12,991	11,075	9,128
Long-term debt	5,398	5,970	5,872	5,980	6,687
Liabilities for pensions and other postretirement benefits	1,066	988	978	960	1,110
Deferred income tax liabilities	84	83	176	229	127
All other liabilities	1,446	1,276	1,409	1,412	1,510
Capital in excess of par value	24,738	25,896	26,983	28,126	27,375
Retained loss	−3,252	−5,840	−8,819	−10,761	−10,160
Accumulated other comprehensive loss	−2,652	−3,161	−2,796	−2,971	−2,385
Baker Hughes Company equity	18,834	16,895	15,368	14,394	14,830
Noncontrolling interests	176	160	151	131	1,916
Total equity	19,010	17,055	15,519	14,525	16,746
Total liabilities and equity	40,881	38,363	36,945	34,181	35,308

Consolidated Statement of Cash Flows

Year Ended · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Depreciation and amortization	1,188	1,136	1,087	1,061	1,105
Benefit for deferred income taxes	−702	−671	−59	105	133
Change in fair value of equity securities	103	−367	−555	—	—
Stock-based compensation cost	203	202	197	207	205
(Gain) loss on business dispositions	0	0	−40	451	0
Current receivables	358	−159	−986	−625	−126
Inventories	79	−102	−461	−885	170
Accounts payable	11	91	61	605	246
Progress collections and deferred income	−58	273	1,639	1,103	−72
Contract and other deferred assets	323	−96	−211	−76	262
Other operating items, net	−319	17	420	89	−71
Net cash flows provided by operating activities	3,810	3,332	3,062	1,888	2,374
Expenditures for capital assets	−1,273	−1,278	−1,224	−989	−856
Proceeds from disposal of assets	195	203	208	217	315
Proceeds from sale of equity securities	1	92	372	26	147
Proceeds from business dispositions	0	0	293	0	70
Net cash paid for acquisitions	−830	0	−301	−767	−87
Other investing items, net	−137	−33	−165	−51	−52
Net cash flows used in investing activities	−2,044	−1,016	−817	−1,564	−463
Repayment of long-term debt	0	−143	−651	0	−1,313
Dividends paid	−910	−836	−786	−726	−592
Repurchase of Class A common stock	−384	−484	−538	−828	−434
Other financing items, net	−188	−64	−53	−38	−65
Net cash flows used in financing activities	−1,482	−1,527	−2,028	−1,592	−2,143
Effect of currency exchange rate changes on cash and cash equivalents	67	−71	−59	−97	−47
Increase in cash and cash equivalents	351	718	158	−1,365	−279
Income taxes paid, net of refunds	1,156	1,040	595	498	—
Interest paid	294	298	309	291	—

Filings

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Frequently asked questions

What is Baker Hughes Co's CIK number?

Baker Hughes Co's SEC CIK number is 0001701605 (1701605). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.

Where can I find Baker Hughes Co's SEC filings?

All of Baker Hughes Co's EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.

When did Baker Hughes Co last report earnings?

Baker Hughes Co (BKR) most recently filed an earnings 8-K with the SEC on Apr 23, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001701605-26-000012). This is Baker Hughes Co's most recent earnings filing of record — not a forecast of its next earnings date.

What is Baker Hughes Co's most recent earnings 8-K?

Baker Hughes Co's latest earnings 8-K (Item 2.02) was filed Apr 23, 2026 under accession 0001701605-26-000012. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.

View Baker Hughes Co's latest earnings 8-K →
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