When did Baker Hughes report Q2 2024 earnings?

Baker Hughes (BKR) reported Q2 2024 earnings on July 25, 2024 after market close.

What were Baker Hughes's Q2 2024 revenue and EPS?

Baker Hughes reported revenue of $7.1B and diluted EPS of $0.57 for Q2 2024.

Did Baker Hughes beat estimates in Q2 2024?

Revenue beat the consensus estimate of $6.8B by $330.2M. EPS beat the consensus estimate of $0.49 by $0.08.

Where can I find Baker Hughes's Q2 2024 SEC filings?

You can read the 10-Q periodic report (0001701605-24-000111) directly on SEC EDGAR. The filing index links above go to sec.gov.

Baker Hughes BKR Q2 2024 earnings

Reported July 25, 2024 · After market close

Revenue$7.1BBeat by $330.2M Diluted EPS$0.57Beat by $0.08

Revenue estimate$6.8B

EPS estimate$0.49

Next report

Jul 21, 2026 (In 3 weeks)

Revenue estimate$6.5B

EPS estimate$0.49

Financials

Q2 2024

Income statement

See full

Revenue$7.1B+13.0%

Operating income$833.0M+62.1%

Net income$579.0M+41.2%

EPS (diluted)$0.75+56.0%

Balance sheet

See full

Cash & equivalents$2.3B-18.6%

Total equity$15.6B+3.0%

Total assets$36.7B+1.6%

Cash flow

See full

Operating cash flow$348.0M-59.5%

CapEx$292.0M+5.4%

Free cash flow$56.0M-90.4%

Valuation & ratios

Valuation

as of 06/30/24

See full

Market cap$35.1B+10.0%

P/E17.6×—

P/S1.3×-0.1×

Profitability

See full

Operating margin10.5%+2.5pp

Net margin7.4%—

FCF margin6%-1.5pp

Returns & leverage

See full

Return on equity13%—

Current ratio1.3×0.0×

Segments

By segment

See full

Oilfield Services & Equipment$4.0B+3.5%

Versus estimates

Revenue

Q1 2026$6.6BBeat by $248.3M Q4 2025$7.4BBeat by $313.8M Q3 2025$7.0BBeat by $180.8M Q4 2024$7.4BBeat by $294.5M

Q2 2024$7.1BBeat by $330.2M

Diluted EPS

Q1 2026$0.58Beat by $0.09 Q4 2025$0.78Beat by $0.11 Q3 2025$0.68Beat by $0.06 Q4 2024$0.70Beat by $0.08

Q2 2024$0.57Beat by $0.08

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Questions, answered.

When did Baker Hughes report Q2 2024 earnings?: Baker Hughes (BKR) reported Q2 2024 earnings on July 25, 2024 after market close.
What were Baker Hughes's Q2 2024 revenue and EPS?: Baker Hughes reported revenue of $7.1B and diluted EPS of $0.57 for Q2 2024.
Did Baker Hughes beat estimates in Q2 2024?: Revenue beat the consensus estimate of $6.8B by $330.2M. EPS beat the consensus estimate of $0.49 by $0.08.
Where can I find Baker Hughes's Q2 2024 SEC filings?: You can read the 10-Q periodic report (0001701605-24-000111) directly on SEC EDGAR. The filing index links above go to sec.gov.