Discontinued — last reported Q3 '22
Business Segments · Income (loss) before income taxes
Digital Solutions — Income (loss) before income taxes
Baker Hughes Digital Solutions — Income (loss) before income taxes increased by 11.1% to $20.00M in Q3 2022 compared to the prior quarter. Year-over-year, this metric declined by 23.1%, from $26.00M to $20.00M. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
StatementSegment
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ1 2019
Last reportedQ3 2022
Rolls up toPre-Tax Income
How to read this metric
Higher margins indicate strong operational efficiency and pricing power; losses indicate structural issues or high cost-to-serve.
Detailed definition
The operating profit or loss generated by the Digital Solutions segment before the deduction of income taxes. It measure...
Peer comparison
Standard segment operating profit metric used to compare performance across business units in diversified firms.
Metric ID:
bkr_segment_digital_solutions_income_loss_before_income_taxesHistorical Data
6 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | |
|---|---|---|---|---|---|---|
| Value | $25.00M | $26.00M | $51.00M | $15.00M | $18.00M | $20.00M |
| QoQ Change | — | +4.0% | +96.2% | -70.6% | +20.0% | +11.1% |
| YoY Change | — | — | — | — | -28.0% | -23.1% |
Range$15.00M – $51.00M
CAGR-16.3%
Avg YoY Growth-25.5%
Median YoY Growth-25.5%
Current Streak2 quarters growth
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Frequently Asked Questions
- What is Baker Hughes's digital solutions — income (loss) before income taxes?
- Baker Hughes (BKR) reported digital solutions — income (loss) before income taxes of $20.00M in Q3 2022.
- How has Baker Hughes's digital solutions — income (loss) before income taxes changed year-over-year?
- Baker Hughes's digital solutions — income (loss) before income taxes decreased by 23.1% year-over-year, from $26.00M to $20.00M.
- What does digital solutions — income (loss) before income taxes mean?
- The pre-tax profit or loss generated by the Digital Solutions segment.