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Baker Hughes BKR Industrial & Energy Technology — CapEx

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Other financials

Income statement

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Revenue$6.6B+2.5%
Operating income$665.0M+2.2%
Net income$930.0M+131%
EPS (diluted)$0.75+56.0%

Balance sheet

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Cash & equivalents$14.8B+351%
Total debt$615.0M-8.6%
Total equity$19.3B+13.3%
Total assets$50.9B+33.6%

Cash flow

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Operating cash flow$500.0M-29.5%
CapEx$336.0M+12.0%
Free cash flow$164.0M-59.9%

Valuation

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Market cap$55.93B+46.2%
P/E18×+4.9×
P/S+0.6×

Profitability

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Gross margin18.6%
Operating margin11.1%+2.0pp
Net margin11.2%+0.7pp
FCF margin8.2%+1.0pp

Returns & leverage

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Return on equity17.1%-0.9pp
Debt / equity0.0×
Current ratio2.1×+0.8×

Where this comes from

Reported directly by Baker Hughes in its filing.

Tagged under the XBRL concept bkr:CapitalExpenditures.

The official record: Baker Hughes’s 10-Q, filed April 24, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Baker Hughes's industrial & energy technology — capex?
Baker Hughes (BKR) reported industrial & energy technology — capex of $104M in Q1 2026.
How has Baker Hughes's industrial & energy technology — capex changed year-over-year?
Baker Hughes's industrial & energy technology — capex increased by 22.4% year-over-year, from $85M to $104M.
What is the long-term trend for Baker Hughes's industrial & energy technology — capex?
Over 2 years (2023 to 2025), Baker Hughes's industrial & energy technology — capex has grown at a 19.1% compound annual growth rate (CAGR), from $229M to $325M.
What does industrial & energy technology — capex mean?
This reflects the cash outflows used by the Industrial & Energy Technology segment to acquire, upgrade, or maintain physical assets such as manufacturing facilities and specialized equipment. It serves as a key indicator of the segment's commitment to growth, technological innovation, and long-term maintenance of its industrial and energy infrastructure. High levels of expenditure often precede capacity expansion or the development of new product lines.