The Filings Report

Baker Hughes

BKRNasdaqCIK 1701605Energy / Oil & Gas Servicesfiscal year ends December43 quarters since 2016

Revenue, Q3 FY2026
$8.0B
+14.5% on Q3 FY2025
Net income
$411M
−32.5% on Q3 FY2025
Free cash flow
$734M
+15.8% on Q3 FY2025
Diluted EPS
—
not filed for a derived quarter
Revenue, TTM
$28.7B
trailing four quarters
Net margin, TTM
10.1%
net income $2.9B
Free cash flow, TTM
$3.2B
$4.5B less $1.3B capex
Cash and equivalents
—
long-term debt —, Sep 30, 2026
Shares, 12-month change
+0.6%
993M shares, Sep 30, 2026
Buybacks, TTM
$0
0.0% of market value
Dividends, TTM
$911M
1.7% of market value
Market value
$54.8B
at the close, buybacks

Latest quarter Q3 FY2026, filed October 28, 2026. Trailing figures sum the latest four quarters. Market values at the latest close, from a market data vendor.

In Q3 FY2026, the quarter ended September 30, 2026, Baker Hughes reported revenue of $8.0B, +14.5% on Q3 FY2025, and net income of $411M (−32.5%). Free cash flow, operating cash flow less capital expenditures, was $734M ($1.0B less $271M).

The last 16 quarters

Q4 FY2022 to Q3 FY2026, through the filing of October 28, 2026.

Revenue and net incomeRevenueNet income
$0$3B$5B$8B$10BQ4'22, Revenue: $5.9BQ4'22, Net income: $182MQ4'22Q1'23, Revenue: $5.7BQ1'23, Net income: $576MQ1'23Q2'23, Revenue: $6.3BQ2'23, Net income: $410MQ2'23Q3'23, Revenue: $6.6BQ3'23, Net income: $518MQ3'23Q4'23, Revenue: $6.8BQ4'23, Net income: $440MQ4'23Q1'24, Revenue: $6.4BQ1'24, Net income: $455MQ1'24Q2'24, Revenue: $7.1BQ2'24, Net income: $579MQ2'24Q3'24, Revenue: $6.9BQ3'24, Net income: $766MQ3'24Q4'24, Revenue: $7.4BQ4'24, Net income: $1.2BQ4'24Q1'25, Revenue: $6.4BQ1'25, Net income: $402MQ1'25Q2'25, Revenue: $6.9BQ2'25, Net income: $701MQ2'25Q3'25, Revenue: $7.0BQ3'25, Net income: $609MQ3'25Q4'25, Revenue: $7.4BQ4'25, Net income: $876MQ4'25Q1'26, Revenue: $6.6BQ1'26, Net income: $930MQ1'26Q2'26, Revenue: $6.7BQ2'26, Net income: $681MQ2'26Q3'26, Revenue: $8.0BQ3'26, Net income: $411MQ3'26$0$3B$5B$8B$10BQ4'22, Revenue: $5.9BQ4'22, Net income: $182MQ1'23, Revenue: $5.7BQ1'23, Net income: $576MQ1'23Q2'23, Revenue: $6.3BQ2'23, Net income: $410MQ3'23, Revenue: $6.6BQ3'23, Net income: $518MQ3'23Q4'23, Revenue: $6.8BQ4'23, Net income: $440MQ1'24, Revenue: $6.4BQ1'24, Net income: $455MQ1'24Q2'24, Revenue: $7.1BQ2'24, Net income: $579MQ3'24, Revenue: $6.9BQ3'24, Net income: $766MQ3'24Q4'24, Revenue: $7.4BQ4'24, Net income: $1.2BQ1'25, Revenue: $6.4BQ1'25, Net income: $402MQ1'25Q2'25, Revenue: $6.9BQ2'25, Net income: $701MQ3'25, Revenue: $7.0BQ3'25, Net income: $609MQ3'25Q4'25, Revenue: $7.4BQ4'25, Net income: $876MQ1'26, Revenue: $6.6BQ1'26, Net income: $930MQ1'26Q2'26, Revenue: $6.7BQ2'26, Net income: $681MQ3'26, Revenue: $8.0BQ3'26, Net income: $411MQ3'26

Net income losses drawn in red.

Free cash flow
$0$500M$1.0B$1.5BQ4'22, Free cash flow: $629MQ4'22Q1'23, Free cash flow: $151MQ1'23Q2'23, Free cash flow: $582MQ2'23Q3'23, Free cash flow: $529MQ3'23Q4'23, Free cash flow: $576MQ4'23Q1'24, Free cash flow: $451MQ1'24Q2'24, Free cash flow: $56MQ2'24Q3'24, Free cash flow: $710MQ3'24Q4'24, Free cash flow: $837MQ4'24Q1'25, Free cash flow: $409MQ1'25Q2'25, Free cash flow: $209MQ2'25Q3'25, Free cash flow: $634MQ3'25Q4'25, Free cash flow: $1.3BQ4'25Q1'26, Free cash flow: $164MQ1'26Q2'26, Free cash flow: $1.0BQ2'26Q3'26, Free cash flow: $734MQ3'26$0$500M$1.0B$1.5BQ4'22, Free cash flow: $629MQ1'23, Free cash flow: $151MQ1'23Q2'23, Free cash flow: $582MQ3'23, Free cash flow: $529MQ3'23Q4'23, Free cash flow: $576MQ1'24, Free cash flow: $451MQ1'24Q2'24, Free cash flow: $56MQ3'24, Free cash flow: $710MQ3'24Q4'24, Free cash flow: $837MQ1'25, Free cash flow: $409MQ1'25Q2'25, Free cash flow: $209MQ3'25, Free cash flow: $634MQ3'25Q4'25, Free cash flow: $1.3BQ1'26, Free cash flow: $164MQ1'26Q2'26, Free cash flow: $1.0BQ3'26, Free cash flow: $734MQ3'26

Operating cash flow less capital expenditures; negative quarters in red.

Income statement

Last eight quarters, newest first, through Q3 FY2026 filed October 28, 2026.

Baker Hughes income statement, quarterly
Millions of dollarsQ3 FY2026ended Sep 30, 2026filed Oct 28, 2026Q2 FY2026ended Jun 30, 2026filed Jul 27, 2026Q1 FY2026ended Mar 31, 2026filed Apr 24, 2026Q4 FY2025ended Dec 31, 2025filed Feb 5, 2026Q3 FY2025ended Sep 30, 2025filed Oct 24, 2025Q2 FY2025ended Jun 30, 2025filed Jul 23, 2025Q1 FY2025ended Mar 31, 2025filed Apr 23, 2025Q4 FY2024ended Dec 31, 2024filed Feb 4, 2025YoYQ3 FY2026vs Q3 FY2025
Revenue8,0256,7426,5877,3867,0106,9106,4277,364+14.5%
Cost of revenue—————————
Gross profit—————————
Research and development150143133147146161146163+2.7%
Selling, general and administrative732569562671597567577585+22.6%
Operating income———————665—
Other income (expense)(157)104588(166)(71)134(140)159−121.1%
Pretax income5198921,274528821967561792−36.8%
Income tax97210336(359)204256152(399)−52.5%
Net income4116819308766097014021,179−32.5%
Diluted EPS ($)—————————
Diluted shares (millions)—————————

Fourth quarters are the fiscal year less the first nine months when the filer reports no discrete fourth quarter, and are marked. Diluted EPS is never derived, so a derived quarter shows none. Italic figures are derived.

Balance sheet

Last eight quarters, newest first, through Q3 FY2026 filed October 28, 2026.

Baker Hughes balance sheet, quarterly
Millions of dollarsQ3 FY2026ended Sep 30, 2026filed Oct 28, 2026Q2 FY2026ended Jun 30, 2026filed Jul 27, 2026Q1 FY2026ended Mar 31, 2026filed Apr 24, 2026Q4 FY2025ended Dec 31, 2025filed Feb 5, 2026Q3 FY2025ended Sep 30, 2025filed Oct 24, 2025Q2 FY2025ended Jun 30, 2025filed Jul 23, 2025Q1 FY2025ended Mar 31, 2025filed Apr 23, 2025Q4 FY2024ended Dec 31, 2024filed Feb 4, 2025YoYQ3 FY2026vs Q3 FY2025
Cash and equivalents—————————
Short-term investments—————————
Total current assets21,64030,58328,59118,82817,52917,61816,84117,211+23.5%
Total assets59,06352,62050,89640,88139,23338,74038,11038,363+50.5%
Total current liabilities17,47514,59913,41313,87712,43812,51512,59412,991+40.5%
Long-term debt—————————
Total liabilities—————————
Stockholders’ equity20,13319,90819,31418,83418,15717,69717,04216,895+10.9%
Shares outstanding (millions)993993992988987986991990—

Positions at each period end. Nothing on this statement is derived. Long-term debt is the filed noncurrent line only; no total-debt composite is constructed across filers. Italic figures are derived.

Cash flow statement

Last eight quarters, newest first, through Q3 FY2026 filed October 28, 2026.

Baker Hughes cash flow statement, quarterly
Millions of dollarsQ3 FY2026ended Sep 30, 2026filed Oct 28, 2026Q2 FY2026ended Jun 30, 2026filed Jul 27, 2026Q1 FY2026ended Mar 31, 2026filed Apr 24, 2026Q4 FY2025ended Dec 31, 2025filed Feb 5, 2026Q3 FY2025ended Sep 30, 2025filed Oct 24, 2025Q2 FY2025ended Jun 30, 2025filed Jul 23, 2025Q1 FY2025ended Mar 31, 2025filed Apr 23, 2025Q4 FY2024ended Dec 31, 2024filed Feb 4, 2025YoYQ3 FY2026vs Q3 FY2025
Operating cash flow1,0051,3455001,6629295107091,190+8.2%
Capital expenditures271300336377295301300353−8.1%
Free cash flow (CFO − capex)7341,0451641,285634209409837+15.8%
Depreciation and amortization505333354327282293285292+79.1%
Share repurchases000001961888—
Dividends paid228228228227227227229208+0.4%

10-Qs file cash flows as year-to-date totals, so quarterly figures are differenced from consecutive filings and marked. Free cash flow is operating cash flow less capital expenditures, computed from the two filed lines. Italic figures are derived.

Annual statements

Every fiscal year filed, newest first, through FY2025 filed February 5, 2026.

Income statement

Baker Hughes income statement, annual
Millions of dollarsFY2025ended Dec 31, 2025filed Feb 5, 2026FY2024ended Dec 31, 2024filed Feb 4, 2025FY2023ended Dec 31, 2023filed Feb 5, 2024FY2022ended Dec 31, 2022filed Feb 14, 2023FY2021ended Dec 31, 2021filed Feb 11, 2022FY2020ended Dec 31, 2020filed Feb 25, 2021FY2019ended Dec 31, 2019filed Feb 13, 2020FY2018ended Dec 31, 2018filed Feb 19, 2019FY2017ended Dec 31, 2017filed Feb 23, 2018FY2016ended Dec 31, 2016filed Jul 28, 2017FY2015ended Dec 31, 2015filed Oct 31, 2017
Revenue27,73327,82925,50621,15620,50220,70523,83822,87717,17913,08216,688
Cost of revenue———————————
Gross profit——————4,4323,9863,0363,146—
Research and development600643651552492595687700501352408
Selling, general and administrative2,3872,4582,6112,5102,4702,4042,8322,6992,5351,9262,115
Operating income—3,0812,3171,1851,310(15,978)1,074701(284)457(138)
Other income (expense)(243)341544(911)(583)1,040(84)202803100
Pretax income2,8773,2652,65522428(15,202)753541(346)358(158)
Income tax25325768560075855948225845173473
Net income2,5882,9791,943(601)(219)(9,940)128195(103)00
Diluted EPS ($)—2.981.91(0.61)(0.27)(14.73)0.230.45(0.24)——
Diluted shares (millions)———————————

Balance sheet

Baker Hughes balance sheet, annual
Millions of dollarsFY2025ended Dec 31, 2025filed Feb 5, 2026FY2024ended Dec 31, 2024filed Feb 4, 2025FY2023ended Dec 31, 2023filed Feb 5, 2024FY2022ended Dec 31, 2022filed Feb 14, 2023FY2021ended Dec 31, 2021filed Feb 11, 2022FY2020ended Dec 31, 2020filed Feb 25, 2021FY2019ended Dec 31, 2019filed Feb 13, 2020FY2018ended Dec 31, 2018filed Feb 19, 2019FY2017ended Dec 31, 2017filed Feb 23, 2018FY2016ended Dec 31, 2016filed Jul 28, 2017FY2015ended Dec 31, 2015filed Oct 31, 2017
Cash and equivalents————————7,0309811,432
Short-term investments———————————
Total current assets18,82817,21116,30114,59215,06516,45515,22214,97118,4247,401—
Total assets40,88138,36336,94534,18135,30838,00753,36952,43956,50021,721—
Total current liabilities13,87712,99112,99111,0759,12810,22710,0149,0209,2274,934—
Long-term debt—————————37—
Total liabilities—————————0—
Stockholders’ equity18,83416,89515,36814,39414,83012,89321,92917,46514,27714,688—
Shares outstanding (millions)9889901,0011,011———————

Cash flow statement

Baker Hughes cash flow statement, annual
Millions of dollarsFY2025ended Dec 31, 2025filed Feb 5, 2026FY2024ended Dec 31, 2024filed Feb 4, 2025FY2023ended Dec 31, 2023filed Feb 5, 2024FY2022ended Dec 31, 2022filed Feb 14, 2023FY2021ended Dec 31, 2021filed Feb 11, 2022FY2020ended Dec 31, 2020filed Feb 25, 2021FY2019ended Dec 31, 2019filed Feb 13, 2020FY2018ended Dec 31, 2018filed Feb 19, 2019FY2017ended Dec 31, 2017filed Feb 23, 2018FY2016ended Dec 31, 2016filed Jul 28, 2017FY2015ended Dec 31, 2015filed Oct 31, 2017
Operating cash flow3,8103,3323,0621,8882,3741,3042,1261,762(799)2621,277
Capital expenditures1,2731,2781,2249898569741,240995665424607
Free cash flow (CFO − capex)2,5372,0541,8388991,518330886767(1,464)(162)670
Depreciation and amortization1,1881,1361,0871,0611,1051,3171,4181,4861,103550530
Share repurchases3844845388284340038717400
Dividends paid91083678672659248839531515500

Insider activity

Form 4 filings by officers, directors and 10% owners, November 1, 2024 to November 1, 2026. Only open-market purchases and sales count as buys and sells; awards, exercises, tax withholding and gifts are listed in grey and never counted.

Bought, three months
$0
0 purchases by 0 insiders; officers and directors $0
Sold, three months
$0
0 sales by 0 insiders; officers and directors $0
Bought, twelve months
$0
0 purchases by 0 insiders; officers and directors $0
Sold, twelve months
$73M
20 sales by 7 insiders; officers and directors $73M

The last 25 transactions

TradedInsiderRoleTransactionSharesPriceValueHeld afterFiled
Sep 3, 2026Gatti AmerinoEVP, Oilfield Services & Equipoption exercise9,807——24,611Sep 8, 2026
Sep 3, 2026Gatti AmerinoEVP, Oilfield Services & Equiptax withholding3,860$63.64$246K20,751Sep 8, 2026
Jul 1, 2026Borras Maria CChief Growth & Experience Ofcropen-market sale10b5-172,000$55.05$4M20,035Jul 2, 2026
Jun 22, 2026Simonelli LorenzoChairman, President and CEO, Directoroption exercise99,911$35.55$4M884,855Jun 24, 2026
Jun 22, 2026Simonelli LorenzoChairman, President and CEO, Directoropen-market sale10b5-1181,411$58.43$11M703,444Jun 24, 2026
Jun 15, 2026Moghal Ahmed FarhanEVP, Chief Financial Officeropen-market sale10b5-120,000$62.38$1M20,980Jun 16, 2026
Jun 15, 2026Moghal Ahmed FarhanEVP, Chief Financial Officeropen-market sale10b5-1indirect3,392$62.38$212K0Jun 16, 2026
Jun 12, 2026Simonelli LorenzoChairman, President and CEO, Directoroption exercise99,911$35.55$4M966,355Jun 16, 2026
Jun 12, 2026Simonelli LorenzoChairman, President and CEO, Directoropen-market sale10b5-1181,411$63.36$11M784,944Jun 16, 2026
Jun 3, 2026Charlton Rebecca LSVP, Controller & CAOopen-market sale10b5-15,088$64.22$327K15,997Jun 3, 2026
Jun 1, 2026Charlton Rebecca LSVP, Controller & CAOoption exercise11,651——25,670Jun 3, 2026
Jun 1, 2026Charlton Rebecca LSVP, Controller & CAOtax withholding4,585$62.97$289K21,085Jun 3, 2026
May 19, 2026Apostolides James EChief Infra & Performance Ofcropen-market sale10b5-112,261$66.42$814K15,449May 21, 2026
Apr 30, 2026Baker Hughes Co+1 moreDirector, 10% ownerotherindirect342,922$0.00—16MMay 4, 2026
Apr 2, 2026Baker Hughes Co+1 moreDirector, 10% ownerotherindirect16M$0.00—16MApr 2, 2026
Mar 16, 2026Borras Maria CChief Growth & Experience Ofcropen-market sale10b5-160,626$54.47$3M92,035Mar 18, 2026
Mar 11, 2026Simonelli LorenzoChairman, President and CEO, Directoroption exercise187,344$35.70$7M1MMar 13, 2026
Mar 11, 2026Simonelli LorenzoChairman, President and CEO, Directoropen-market sale10b5-1272,594$58.79$16M866,444Mar 13, 2026
Mar 11, 2026Magno Maria GeorgiaChief Legal Officeropen-market sale10b5-15,063$59.04$299K15,555Mar 13, 2026
Mar 8, 2026Borras Maria CChief Growth & Experience Ofcraward99,962$0.00—191,997Mar 10, 2026
Mar 8, 2026Borras Maria CChief Growth & Experience Ofcrtax withholding39,336$60.10$2M152,661Mar 10, 2026
Mar 8, 2026Magno Maria GeorgiaChief Legal Officertax withholding4,635$60.10$279K20,618Mar 10, 2026
Mar 8, 2026Magno Maria GeorgiaChief Legal Officeraward10,665$0.00—25,253Mar 10, 2026
Mar 8, 2026Moghal Ahmed FarhanEVP, Chief Financial Officeraward23,162$0.00—52,068Mar 10, 2026
Mar 8, 2026Moghal Ahmed FarhanEVP, Chief Financial Officertax withholdingindirect3,009$60.10$181K3,392Mar 10, 2026

Full insider history for Baker Hughes, or insider activity across all companies. A record of filings, not a recommendation.

Sources

Fiscal year ends in month 12; periods are labeled with the issuer's own fiscal calendar. Values are as most recently filed (restatements apply; per-share values are on current split basis per the connector's split table, flagged in adjusted). Flow items flagged in `derived` were computed (Q4 = FY − nine months; quarterly cash flow differenced from year-to-date filings) rather than read from a filing. `reconciliation.repaired` lists periods where a full-year figure was filed in a quarter slot: that row was dropped and the quarter rebuilt from the annual figure. `reconciliation.quarantined` lists periods where four filed quarters do not sum to the filed year — those quarterly values are withheld, so a blank there is a withholding rather than an absence of reporting.

Filer
Baker Hughes Company, CIK 1701605 on EDGAR
Extract generated
October 29, 2026
Withheld
1 line-years whose four quarters do not sum to the filed year: revenue FY2016
Repaired
5 quarters where a full-year figure was filed in a quarter slot and the quarter was rebuilt: net income FY2020, operating income FY2020, pretax income FY2020, other income FY2021, income tax FY2025
XBRL concepts behind each line

Income statement

Revenue: RevenueFromContractWithCustomerExcludingAssessedTax, SalesRevenueNet
Cost of revenue: not filed
Gross profit: GrossProfit
Research and development: ResearchAndDevelopmentExpense
Selling, general and administrative: SellingGeneralAndAdministrativeExpense
Operating income: OperatingIncomeLoss
Other income (expense): OtherNonoperatingIncomeExpense
Pretax income: IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest, IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
Income tax: IncomeTaxExpenseBenefit
Net income: NetIncomeLoss
Diluted EPS ($): EarningsPerShareDiluted
Diluted shares (millions): WeightedAverageNumberOfDilutedSharesOutstanding

Balance sheet

Cash and equivalents: CashAndCashEquivalentsAtCarryingValue
Short-term investments: not filed
Total current assets: AssetsCurrent
Total assets: Assets
Total current liabilities: LiabilitiesCurrent
Long-term debt: LongTermDebt
Total liabilities: Liabilities
Stockholders’ equity: StockholdersEquity
Shares outstanding (millions): dei:EntityCommonStockSharesOutstanding

Cash flow statement

Operating cash flow: NetCashProvidedByUsedInOperatingActivities
Capital expenditures: PaymentsToAcquireProductiveAssets
Free cash flow (CFO − capex): not filed
Depreciation and amortization: DepreciationDepletionAndAmortization
Share repurchases: PaymentsForRepurchaseOfCommonStock
Dividends paid: PaymentsOfDividendsCommonStock

The data

The statements on this page as files, generated October 29, 2026.

JSON file
/data/financials/BKR.json