Total Revenue
Baker Hughes Total Revenue decreased by 10.8% to $6.59B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 2.5%, from $6.43B to $6.59B. Over 4 years (FY 2021 to FY 2025), Total Revenue shows an upward trend with a 7.8% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
An increase indicates growing market demand or successful price increases, while a decrease suggests market saturation or competitive pressure.
Detailed definition
The total amount of income generated by the sale of goods or services related to the company's primary operations. For a...
Peer comparison
Peer technology firms typically report this as Net Sales or Total Revenue, reflecting the scale of their market reach.
is_total_revenueHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | 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 | $5.14B | $5.09B | $5.49B | $4.84B | $5.05B | $5.37B | $5.91B | $5.72B | $6.32B | $6.64B | $6.83B | $6.42B | $7.14B | $6.91B | $7.36B | $6.43B | $6.91B | $7.01B | $7.39B | $6.59B |
| QoQ Change | — | -1.0% | +7.7% | -11.9% | +4.4% | +6.4% | +10.0% | -3.2% | +10.5% | +5.2% | +2.9% | -6.1% | +11.2% | -3.2% | +6.6% | -12.7% | +7.5% | +1.4% | +5.4% | -10.8% |
| YoY Change | — | — | — | — | -1.8% | +5.4% | +7.7% | +18.2% | +25.1% | +23.7% | +15.7% | +12.3% | +13.0% | +4.0% | +7.8% | +0.1% | -3.2% | +1.5% | +0.3% | +2.5% |
Product Breakdown
| Segment | Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 |
|---|---|---|---|---|---|---|
| Service | $2.06B | $2.11B | $2.24B | $2.03B | $2.23B | $2.29B |
| Total | $5.14B | $5.09B | $5.49B | $4.84B | $5.05B | $5.37B |
Business Segments
| Segment | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Oilfield Services & Equipment | $4.01B | $3.96B | $3.87B | $3.50B | $3.62B | $3.64B | $3.57B | $3.24B |
| Oilfield Services & Equipment and Industrial & Energy Technology | — | — | $6.96B | — | — | — | — | — |
| Total | $7.14B | $6.91B | $7.36B | $6.43B | $6.91B | $7.01B | $7.39B | $6.59B |
Oilfield Services & Equipment and Industrial & Energy Technology is derived from annual filings.
Oilfield Services, Oilfield Services & Equipment and Industrial & Energy Technology, Turbomachineryand Process Solutions were previously reported and have since been discontinued or reclassified. Only currently active segments are shown in the chart.
Geographic Breakdown
| Segment | Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 |
|---|---|---|---|---|---|---|
| Non Us | $4.06B | $3.89B | $4.32B | $3.73B | $3.83B | $4.08B |
| Total | $5.14B | $5.09B | $5.49B | $4.84B | $5.05B | $5.37B |
Non Us was previously reported and has since been discontinued or reclassified. Only currently active segments are shown in the chart.
Total Revenue at Other Companies
Frequently Asked Questions
- What is Baker Hughes's total revenue?
- Baker Hughes (BKR) reported total revenue of $6.59B in Q1 2026.
- How has Baker Hughes's total revenue changed year-over-year?
- Baker Hughes's total revenue increased by 2.5% year-over-year, from $6.43B to $6.59B.
- What is the long-term trend for Baker Hughes's total revenue?
- Over 4 years (2021 to 2025), Baker Hughes's total revenue has grown at a 7.8% compound annual growth rate (CAGR), from $20.50B to $27.73B.
- What does total revenue mean?
- The total amount of money a company brings in from selling its products and services.