Baker Hughes (BKR)
Supplies oilfield services, turbomachinery, LNG systems, and industrial process equipment worldwide.
$57.84
vs last close+0.58 (+1.01%)
In millions of USD, except per-share figures
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 6,641 | 6,835 | 6,418 | 7,139 | 6,908 | 7,364 | 6,427 | 6,910 | 7,010 | 7,386 | 6,587 | 6,742 |
| Cost of revenue | 5,298 | 5,388 | 5,140 | 5,493 | 5,208 | 5,834 | 4,952 | 5,295 | 5,309 | 5,633 | 5,083 | 5,165 |
| Gross profit | 1,343 | 1,447 | 1,278 | 1,646 | 1,700 | 1,530 | 1,475 | 1,615 | 1,701 | 1,753 | 1,504 | 1,577 |
| 629 | 796 | 625 | 813 | 770 | 585 | 723 | 728 | 753 | 783 | 695 | 723 | |
| Research & development | 0 | 0 | 0 | 158 | 0 | 0 | 146 | 161 | 146 | 147 | 133 | 143 |
| Selling, general & administrative | 627 | 634 | 618 | 643 | 612 | 585 | 577 | 567 | 607 | 636 | 562 | 569 |
| Other expenses | 2 | 162 | 7 | 12 | 158 | 0 | 0 | 0 | 0 | 0 | 0 | 11 |
| Operating income | 714 | 651 | 653 | 833 | 930 | 945 | 752 | 887 | 948 | 970 | 809 | 854 |
| 45 | −129 | −12 | −9 | 79 | −153 | −191 | 80 | −127 | −442 | 465 | 38 | |
| Interest expense | 49 | 45 | 41 | 47 | 55 | 55 | 51 | 54 | 56 | 61 | 86 | 66 |
| Other non-operating income | −94 | 84 | −29 | −38 | −134 | 98 | 140 | −134 | 71 | 381 | −551 | −104 |
| Income before tax | 759 | 522 | 641 | 824 | 1,009 | 792 | 561 | 967 | 821 | 528 | 1,274 | 892 |
| Income tax expense | 235 | 71 | 178 | 243 | 235 | −399 | 152 | 256 | 204 | −359 | 336 | −210 |
| Net income from continuing operations | 524 | 451 | 463 | 581 | 774 | 1,191 | 409 | 711 | 617 | 887 | 938 | 1,102 |
| Other adjustments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | −419 |
| Net income | 518 | 440 | 455 | 579 | 766 | 1,179 | 402 | 701 | 609 | 876 | 930 | 682 |
| EPS, basic | $0.51 | $0.44 | $0.46 | $0.58 | $0.77 | $1.19 | $0.41 | $0.71 | $0.62 | $0.89 | $0.94 | $0.69 |
| EPS, diluted | $0.51 | $0.43 | $0.45 | $0.58 | $0.77 | $1.18 | $0.40 | $0.71 | $0.61 | $0.88 | $0.93 | $0.69 |
| Weighted average shares, basic | 1,009 | 1,001 | 998 | 996 | 993 | 997 | 992 | 988 | 986 | 988 | 990 | 991 |
| Weighted average shares, diluted | 1,017 | 1,010 | 1,004 | 1,001 | 999 | 999 | 999 | 991 | 992 | 994 | 996 | 996 |
| EBITDA | 1,076 | 841 | 965 | 1,154 | 1,342 | 1,139 | 897 | 1,315 | 1,159 | 916 | 1,714 | 958 |
| Depreciation & amortization | 268 | 274 | 283 | 283 | 278 | 292 | 285 | 294 | 282 | 327 | 354 | 0 |
| EBIT | 808 | 567 | 682 | 871 | 1,064 | 847 | 612 | 1,021 | 877 | 589 | 1,360 | 958 |