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Baker Hughes BKR Gas Technology Services — Total Revenue

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Other financials

Income statement

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Revenue$6.7B-2.4%
Operating income$665.0M+2.2%
Net income$681.0M-2.9%
EPS (diluted)$0.68-4.2%

Balance sheet

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Cash & equivalents$15.7B+409%
Total debt$16.3B
Total equity$19.9B+12.5%
Total assets$52.6B+35.8%

Cash flow

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Operating cash flow$1.3B+164%
CapEx$300.0M-0.3%
Free cash flow$1.0B+400%

Valuation

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Market cap$61.22B+43.0%
Enterprise value$61.74B
P/E19.8×+5.7×
P/S2.2×+0.7×

Profitability

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Gross margin18.6%
Operating margin11.1%+2.0pp
Net margin11.2%+0.1pp
FCF margin11.3%+3.4pp

Returns & leverage

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Return on equity16.5%-1.9pp
Debt / equity0.8×
Current ratio2.1×+0.7×

Where this comes from

Reported directly by Baker Hughes in its filing.

Tagged under the XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.

The source filing: Baker Hughes’s 10-Q, filed July 27, 2026.

Filed
Jul 27, 2026, 4:12 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001701605-26-000023
Total RevenueThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Subsea & Surface Pressure Systems6787931,2911,576
Oilfield Services & Equipment3,4513,6176,6887,116
Gas Technology Equipment1,5241,6243,1893,080
Gas Technology Services8317521,6221,344
Total Gas Technology2,3552,3774,8114,424
Industrial Products5494881,040933
Industrial Solutions182273367531
Total Industrial Technology7317611,4071,464

ITEM 1. FINANCIAL STATEMENTS (UNAUDITED)

FAQ

What is Baker Hughes's gas technology services — total revenue?
Baker Hughes (BKR) reported gas technology services — total revenue of $831M in Q2 2026.
What does gas technology services — total revenue mean?
This metric represents the total gross income generated from maintenance, repair, overhaul, and aftermarket support services provided to customers in the gas technology and industrial power sectors. It reflects the recurring revenue stream derived from the installed base of equipment, indicating the long-term service intensity and customer retention within the segment. Growth in this area typically signals strong utilization of the company's industrial assets and a stable, high-margin revenue foundation.

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