Baker Hughes Company (BKR) — Financial statements
Income statement, balance sheet, and cash flow for Baker Hughes Company — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 27,733↓0.3% | 27,829↑9.1% | 25,506↑20.6% | 21,156↑3.2% | 20,502 | |
| Cost of Revenue | 21,189↓0.7% | 21,346↑8.9% | 19,604↑21.0% | 16,200↑1.5% | 15,961 | |
| Gross Profit | 6,544↑0.9% | 6,483↑9.8% | 5,902↑19.1% | 4,956↑9.1% | 4,541 | |
| Operating Expenses | ||||||
| R&D Expenses | 600↓6.7% | 643↓2.3% | 658↑18.3% | 556↑13.0% | 492 | |
| General & Administrative Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Selling & Marketing Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 2,387↓2.9% | 2,458↓5.9% | 2,611↑4.0% | 2,510↑1.6% | 2,470 | |
| Other Expenses | 0.00 | 0.00 | 0.00 | 0.00↓100.0% | 269 | |
| Operating Expenses | 2,987↓3.7% | 3,101↓4.9% | 3,262↑6.4% | 3,066↓5.1% | 3,231 | |
| Total Costs & Expenses | 24,176↓1.1% | 24,447↑6.9% | 22,866↑18.7% | 19,266↑0.4% | 19,192 | |
| Operating Results | ||||||
| Operating Income | 3,557↑5.2% | 3,382↑28.1% | 2,640↑39.7% | 1,890↑44.3% | 1,310 | |
| Depreciation & Amortization | 1,188↑4.6% | 1,136↑4.5% | 1,087↑2.5% | 1,061↓4.0% | 1,105 | |
| EBITDA | 4,287↓6.8% | 4,599↑16.2% | 3,958↑196.5% | 1,335↓27.1% | 1,832 | |
| EBIT | 3,099↓10.5% | 3,463↑20.6% | 2,871↑947.8% | 274↓62.3% | 727 | |
| Interest & Other Income | ||||||
| Net Interest Income | -222↓12.1% | -198↑8.3% | -216↑14.3% | -252↑15.7% | -299 | |
| Interest Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Interest Expense | 222↑12.1% | 198↓8.3% | 216↓14.3% | 252↓15.7% | 299 | |
| Non-Operating Income | 458↑665.4% | -81↑64.9% | -231↓114.3% | 1,616↑177.2% | 583 | |
| Other Income / Expenses | -680↓481.2% | -117↓880.0% | 15↑100.8% | -1,868↓111.8% | -882 | |
| Income Before Tax | 2,877↓11.9% | 3,265↑23.0% | 2,655↑11968.2% | 22↓94.9% | 428 | |
| Income Tax Expense | 253↓1.6% | 257↓62.5% | 685↑14.2% | 600↓20.8% | 758 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 2,624↓12.8% | 3,008↑52.7% | 1,970↑440.8% | -578↓75.2% | -330 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 2,588↓13.1% | 2,979↑53.3% | 1,943↑423.3% | -601↓174.4% | -219 | |
| Bottom-Line Net Income | 2,588↓13.1% | 2,979↑53.3% | 1,943↑423.3% | -601↓174.4% | -219 | |
| EPS (Basic) | 2.62↓12.7% | 3.00↑55.4% | 1.93↑416.4% | -0.61↓125.9% | -0.27 | |
| EPS (Diluted) | 2.60↓12.8% | 2.98↑56.0% | 1.91↑413.1% | -0.61↓125.9% | -0.27 | |
| Weighted Average Shares | 988↓1.2% | 1,000↓0.8% | 1,008↑2.1% | 987↑19.8% | 824 | |
| Weighted Average Diluted Shares | 994↓0.7% | 1,001↓1.4% | 1,015↑2.8% | 987↑19.8% | 824 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.