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Baker Hughes

BKR

Baker Hughes is a global energy technology company that provides a diverse portfolio of equipment and services across the energy and industrial value chain.

Market cap
$56.49B+48.8%
Revenue$27.9B+0.2%
Net income$3.1B+6.5%
Free cash flow$2.3B+13.9%
Trailing twelve months · change vs. prior year

Earnings

Next report

Jul 21, 2026 (In 3 weeks)
Revenue estimate$6.5B
EPS estimate$0.49

Financials

Q1 2026

Income statement

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Revenue$6.6B+2.5%
Net income$930.0M+131%

Balance sheet

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Cash & equivalents$14.8B+351%
Total equity$19.3B+13.3%
Total assets$50.9B+33.6%

Cash flow

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Operating cash flow$500.0M-29.5%
CapEx$336.0M+12.0%
Free cash flow$164.0M-59.9%

Valuation & ratios

Valuation

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Market cap$56.49B+48.8%
P/E18.1×+4.9×
P/S+0.6×

Profitability

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Net margin11.2%+0.7pp
FCF margin8.2%+1.0pp

Returns & leverage

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Return on equity17.1%-0.9pp
Current ratio2.1×+0.8×

Segments

By segment

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Oilfield Services & Equipment$3.2B-7.5%

Competitors

Profile

Baker Hughes is a global energy technology company that provides a diverse portfolio of equipment and services across the energy and industrial value chain. The company focuses on enhancing efficiency and reducing emissions for oil and gas, liquefied natural gas (LNG), and power generation markets while expanding into new energy frontiers. Its core value proposition lies in integrating advanced engineering with digital solutions to support energy security and the global energy transition.

Competitive position

A leading global provider of energy technology with a dominant position in LNG equipment and a top-tier presence in oilfield services.

GeographiesGlobal, North America, Middle East, Europe, Asia-Pacific
Customer segmentsUpstream Energy, Midstream LNG, Downstream Chemicals, Industrial Manufacturing, Utilities
Business modelManufacturing, Field Services, Technology Licensing, Aftermarket Maintenance
SuppliersRaw material suppliers (steel, specialty alloys), Electronic component manufacturers, Logistics and freight providers, Specialized engineering talent
CustomersGlobal energy producers, LNG facility developers, Industrial power consumers, Government-owned energy entities
Listed2017
Employees58.0K
CEOLorenzo Simonelli
SectorEnergy
FilingsSEC EDGAR

Questions, answered.

What is Baker Hughes's market cap?
Baker Hughes (BKR) has a market capitalization of $56.5B and trades on NASDAQ.
What is Baker Hughes's revenue and profitability?
Baker Hughes generated $27.9B in trailing twelve-month revenue with net income of $3.1B, representing a net margin of 11.2%. Gross margin stands at 18.6%, with free cash flow of $2.3B. These figures are based on the Q1 2026 filing.
Who are Baker Hughes's competitors?
Baker Hughes's key competitors include SLB, Halliburton, Siemens Energy, and others. These companies compete in similar markets and product categories.
Who does Baker Hughes partner with?
Baker Hughes's notable partners include Fervo Energy, Frontier Carbon Solutions, HIF Global, and others.
Where is Baker Hughes headquartered?
Baker Hughes is headquartered in United States of America and employs approximately 58,000 people. It has been publicly traded since 2017.