Industrial & Energy Technology — Costs
Baker Hughes Industrial & Energy Technology — Costs decreased by 11.6% to $2.38B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 12.8%, from $2.11B to $2.38B. Over 3 years (FY 2022 to FY 2025), Industrial & Energy Technology — Costs shows an upward trend with a 21.6% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
How to read this metric
Lower costs relative to revenue indicate improved efficiency, while rising costs may signal inflationary pressures or operational inefficiencies.
Detailed definition
The aggregate expenses incurred to produce and deliver the products and services within the Industrial & Energy Technolo...
Peer comparison
Standard cost-of-sales metric; comparable to 'Segment operating expenses' at peer companies.
bkr_segment_industrial_energy_technology_costsHistorical Data
| Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | -$1.34B | -$1.34B | -$1.34B | -$1.34B | -$1.81B | -$1.81B | -$1.81B | -$1.81B | $1.90B | $2.27B | $2.07B | -$14.98B | $2.11B | $2.39B | $2.40B | $2.69B | $2.38B |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | -35.2% | +0.0% | +0.0% | +0.0% | +205.4% | +19.2% | -8.7% | -823.3% | +114.1% | +13.1% | +0.4% | +12.3% | -11.6% |
| YoY Change | — | — | — | — | -35.2% | -35.2% | -35.2% | -35.2% | +205.4% | +225.7% | +214.7% | -729.9% | +11.0% | +5.3% | +15.8% | +118.0% | +12.8% |
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Frequently Asked Questions
- What is Baker Hughes's industrial & energy technology — costs?
- Baker Hughes (BKR) reported industrial & energy technology — costs of $2.38B in Q1 2026.
- How has Baker Hughes's industrial & energy technology — costs changed year-over-year?
- Baker Hughes's industrial & energy technology — costs increased by 12.8% year-over-year, from $2.11B to $2.38B.
- What is the long-term trend for Baker Hughes's industrial & energy technology — costs?
- Over 3 years (2022 to 2025), Baker Hughes's industrial & energy technology — costs has grown at a 21.6% compound annual growth rate (CAGR), from -$5.34B to $9.59B.
- What does industrial & energy technology — costs mean?
- The total expenses required to operate and produce goods for this business segment.