Baker Hughes (BKR) financial statements
- FY2025 revenue
- $27.7B▼ −0.3%
- FY2025 net income
- $2.6B▼ −13.1%
- FY2025 free cash flow
- $2.5B▲ +23.5%
Baker Hughes income statement
| USD millions | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| Period ended | 31 Dec 2025 | 31 Dec 2024 | 31 Dec 2023 |
| Revenue | 27,733 | 27,829 | 25,506 |
| Operating income | n/a | 3,081 | 2,317 |
| Pretax income | 2,877 | 3,265 | 2,655 |
| Net income | 2,588 | 2,979 | 1,943 |
| Diluted earnings per share | n/a | 2.98 | 1.91 |
Baker Hughes balance sheet
| USD millions | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| Period ended | 31 Dec 2025 | 31 Dec 2024 | 31 Dec 2023 |
| Cash and cash equivalents | 3,715 | 3,364 | 2,646 |
| Total assets | 40,881 | 38,363 | 36,945 |
| Total liabilities (derived) | 21,871 | 21,308 | 21,426 |
| Total equity | 19,010 | 17,055 | 15,519 |
| Long-term debt | 5,398 | 5,970 | 5,872 |
Baker Hughes cash flow statement
| USD millions | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| Period ended | 31 Dec 2025 | 31 Dec 2024 | 31 Dec 2023 |
| Operating cash flow | 3,810 | 3,332 | 3,062 |
| Capital expenditure | -1,273 | -1,278 | -1,224 |
| Free cash flow (derived) | 2,537 | 2,054 | 1,838 |
| Dividends paid | -910 | -836 | -786 |
| Share repurchases | -384 | -484 | -538 |
Quarterly highlights
| USD millions | Q3 FY2026 | Q2 FY2026 | Q1 FY2026 | Q4 FY2025 |
|---|---|---|---|---|
| Period ended | 30 Sep 2026 | 30 Jun 2026 | 31 Mar 2026 | 31 Dec 2025 |
| Revenue (derived) | 8,025 | 6,742 | 6,587 | 7,386 |
| Net income (derived) | 411 | 681 | 930 | 876 |
| Operating cash flow (derived) | 1,005 | 1,345 | 500 | 1,662 |
| Total assets | 59,063 | 52,620 | 50,896 | 40,881 |
Baker Hughes major shareholders
| Holder | Share of class | Shares | Filed |
|---|---|---|---|
| BlackRock, Inc. | 8.5% | 84,558,359 | 17 April 2025 |
| Vanguard Capital Management | 7.5% | 74,146,343 | 29 April 2026 |
| JPMORGAN CHASE & CO. | 6.9% | 69,128,703 | 27 July 2026 |
| JPMORGAN CHASE & CO | 5.8% | 57,998,529 | 12 May 2026 |
Baker Hughes 10-K and SEC filings
| Filed | Form | Type | Description |
|---|---|---|---|
| 28 October 2026 | 10-Q | Quarterly report | Quarterly report |
| 27 October 2026 | 8-K | Current report | Current report |
| 9 September 2026 | 8-K | Current report | Current report |
| 27 July 2026 | 10-Q | Quarterly report | Quarterly report |
| 27 July 2026 | 8-K | Current report | Current report |
| 16 July 2026 | 8-K | Current report | Current report |
| 22 June 2026 | 8-K | Current report | Current report |
| 21 May 2026 | 8-K | Current report | Current report |
Common questions
What was Baker Hughes' revenue in fiscal 2025?
Baker Hughes reported $27.7 billion in revenue for fiscal 2025, the year ended 31 December 2025, down 0.3% from fiscal 2024.
What was Baker Hughes' net income in fiscal 2025?
Baker Hughes reported net income of $2.6 billion for fiscal 2025, the year ended 31 December 2025, down 13.1% from fiscal 2024.
What was Baker Hughes' free cash flow in fiscal 2025?
Baker Hughes had $2.5 billion in free cash flow in fiscal 2025. Operating cash flow was $3.8 billion and capital expenditure was $1.3 billion.
What were Baker Hughes' total assets at the end of fiscal 2025?
Baker Hughes reported total assets of $40.9 billion at the end of fiscal 2025, the year ended 31 December 2025.
How much Baker Hughes history does each plan include?
Free covers the last 3 fiscal years of annual figures. Basic covers the last 10 fiscal years, annual and quarterly. Pro covers the full history, with first reported values and as of dates.
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