Baker Hughes BKR Deferred Income — Progress collections and deferred income

Other product segments

Similar metrics at other companies

LNTHDeferred Income

$6.6M—

LXPDeferred Income

$2.72M-51.6%

WHDDeferred income — Contract Liabilities

$30.39M—

WMBDeferred income

$170M+6.9%

MPDeferred income

$24.52M+11.3%

WHDProgress collections — Contract Liabilities

$3.2M—

Questions, answered.

What is Baker Hughes's deferred income — progress collections and deferred income?

Baker Hughes (BKR) reported deferred income — progress collections and deferred income of $132M in Q1 2026.

How has Baker Hughes's deferred income — progress collections and deferred income changed year-over-year?

Baker Hughes's deferred income — progress collections and deferred income decreased by 0.8% year-over-year, from $133M to $132M.

What is the long-term trend for Baker Hughes's deferred income — progress collections and deferred income?

Over 4 years (2021 to 2025), Baker Hughes's deferred income — progress collections and deferred income has grown at a 3.5% compound annual growth rate (CAGR), from $478M to $548M.

What does deferred income — progress collections and deferred income mean?

This metric represents the liability arising from advance payments or progress billings received from customers for goods or services that have not yet been delivered or fully performed. It reflects the company's ability to secure upfront funding for long-term projects, particularly in capital-intensive sectors like industrial power generation and LNG infrastructure. As performance obligations are satisfied over time, these amounts are recognized as revenue in the income statement.