What is Baker Hughes's net income?

Baker Hughes (BKR) reported net income of $938M in Q1 2026.

How has Baker Hughes's net income changed year-over-year?

Baker Hughes's net income increased by 129.3% year-over-year, from $409M to $938M.

What is the long-term trend for Baker Hughes's net income?

Over 2 years (2023 to 2025), Baker Hughes's net income has grown at a 15.4% compound annual growth rate (CAGR), from $1.97B to $2.62B.

What does net income mean?

Net income as the starting point for the indirect method operating cash flow reconciliation.

Baker Hughes BKR Net Income

Net Income at other companies

HalliburtonHAL

$464M+129%

Schlumberger SLB

$761M-8.2%

TETRA TechnologiesTTI

$8.32M+105%

Helix Energy Solutions GroupHLX

-$13.41M-536%

Flotek IndustriesFTK

$4.66M-13.3%

NOVA, Inc.NOV

$20M-73.0%

Other financials

Income statement

See full

Revenue$6.6B+2.5%

Operating income$665.0M+2.2%

Net income$930.0M+131%

EPS (diluted)$0.75+56.0%

Balance sheet

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Cash & equivalents$14.8B+351%

Total debt$615.0M-8.6%

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

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Market cap$56.49B+46.2%

P/E18.1×+4.9×

P/S2×+0.6×

Profitability

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Gross margin18.6%—

Operating margin11.1%+2.0pp

Net margin11.2%+0.7pp

FCF margin8.2%+1.0pp

Returns & leverage

See full

Return on equity17.1%-0.9pp

Debt / equity0×0.0×

Current ratio2.1×+0.8×

Where this comes from

Reported directly by Baker Hughes in its filing.

Tagged under the XBRL concept us-gaap:ProfitLoss.

The official record: Baker Hughes’s 10-Q, filed April 24, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Baker Hughes's net income?: Baker Hughes (BKR) reported net income of $938M in Q1 2026.
How has Baker Hughes's net income changed year-over-year?: Baker Hughes's net income increased by 129.3% year-over-year, from $409M to $938M.
What is the long-term trend for Baker Hughes's net income?: Over 2 years (2023 to 2025), Baker Hughes's net income has grown at a 15.4% compound annual growth rate (CAGR), from $1.97B to $2.62B.
What does net income mean?: Net income as the starting point for the indirect method operating cash flow reconciliation.