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Baker Hughes BKR Industrial & Energy Technology — Add: Depreciation and amortization

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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$63.6B+51.1%
Enterprise value$64.13B
P/E20.5×+6.7×
P/S2.3×+0.8×

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:DepreciationDepletionAndAmortization.

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
Line itemThree Months Ended June 30, 2026 / OFSEThree Months Ended June 30, 2026 / IETThree Months Ended June 30, 2026 / TotalSix Months Ended June 30, 2026 / OFSESix Months Ended June 30, 2026 / IETSix Months Ended June 30, 2026 / Total
Revenue$3,451$3,291$6,742$6,688$6,641$13,329
Cost of goods and services sold(2,849)(2,311)(5,160)(5,540)(4,692)(10,232)
Research and development costs(60)(83)(143)(114)(163)(277)
Selling, general and administrative(205)(282)(487)(409)(566)(975)
Other income235189
Add: Depreciation and amortization26660326544128672
Segment EBITDA$605$678$1,283$1,170$1,356$2,526

ITEM 1. FINANCIAL STATEMENTS (UNAUDITED)

FAQ

What is Baker Hughes's industrial & energy technology — add: depreciation and amortization?
Baker Hughes (BKR) reported industrial & energy technology — add: depreciation and amortization of $60M in Q2 2026.
How has Baker Hughes's industrial & energy technology — add: depreciation and amortization changed year-over-year?
Baker Hughes's industrial & energy technology — add: depreciation and amortization increased by 7.1% year-over-year, from $56M to $60M.
What is the long-term trend for Baker Hughes's industrial & energy technology — add: depreciation and amortization?
Over 4 years (2021 to 2025), Baker Hughes's industrial & energy technology — add: depreciation and amortization has grown at a 2.9% compound annual growth rate (CAGR), from $208M to $233M.
What does industrial & energy technology — add: depreciation and amortization mean?
This represents the non-cash expenses allocated to the Industrial & Energy Technology segment for the wear and tear of tangible assets and the expiration of intangible assets. It is added back to segment operating income to reconcile to EBITDA, reflecting the capital-intensive nature of the segment's industrial and power generation equipment. This metric helps investors understand the underlying cash-generating capacity of the segment before accounting for historical capital investment costs.

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