Business Segments · Goodwill
Oilfield Services & Equipment — Goodwill
Baker Hughes Oilfield Services & Equipment — Goodwill increased by 0.3% to $1.56B in Q1 2026 compared to the prior quarter.
Analysis
StatementSegment
CategoryCapital Allocation
SignalContext dependent
VolatilityStable
First reportedQ4 2020
Last reportedQ1 2026
Rolls up toGoodwill
How to read this metric
An increase suggests recent acquisitions, while a decrease indicates potential impairment charges due to declining market conditions in the oil and gas sector.
Detailed definition
Represents the excess of the purchase price over the fair value of identifiable net assets acquired within the Oilfield...
Peer comparison
Common across large-cap industrial and energy service firms that grow through M&A.
Metric ID:
bkr_segment_oilfield_services_equipment_goodwillHistorical Data
8 periods
| Q4 '21 | Q4 '22 | Q1 '23 | Q4 '23 | Q4 '24 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|
| Value | $1.55B | $1.43B | $1.45B | $1.54B | $1.55B | $1.56B | $1.56B | $1.56B |
| QoQ Change | — | -7.7% | +1.1% | +6.4% | +0.4% | +0.8% | -0.3% | +0.3% |
| YoY Change | — | -7.7% | — | +7.6% | +0.4% | — | +0.6% | — |
Range$1.43B – $1.56B
CAGR+0.3%
Avg YoY Growth+0.2%
Median YoY Growth+0.5%
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Frequently Asked Questions
- What is Baker Hughes's oilfield services & equipment — goodwill?
- Baker Hughes (BKR) reported oilfield services & equipment — goodwill of $1.56B in Q1 2026.
- What does oilfield services & equipment — goodwill mean?
- The value of intangible assets like brand and customer loyalty acquired through past business purchases in the oilfield services segment.