Baker Hughes Oilfield Services & Equipment — Segment EBITDA decreased by 12.7% to $565.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 9.3%, from $623.00M to $565.00M. Over 2 years (FY 2023 to FY 2025), Oilfield Services & Equipment — Segment EBITDA shows relatively stable performance with a 0.4% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Higher EBITDA indicates stronger operational efficiency and market demand for oilfield services, while lower EBITDA suggests margin compression or reduced activity levels.
Segment EBITDA for Oilfield Services and Equipment measures the operational profitability of the segment before accounti...
Commonly used by all major oilfield service providers to benchmark operational performance against industry cycles.
bkr_segment_oilfield_services_equipment_segment_ebitda| 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 | $648.75M | $648.75M | $648.75M | $648.75M | $644.00M | $716.00M | $765.00M | $756.00M | $623.00M | $677.00M | $671.00M | $647.00M | $565.00M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | -0.7% | +11.2% | +6.8% | -1.2% | -17.6% | +8.7% | -0.9% | -3.6% | -12.7% |
| YoY Change | — | — | — | — | -0.7% | +10.4% | +17.9% | +16.5% | -3.3% | -5.4% | -12.3% | -14.4% | -9.3% |