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Baker Hughes BKR Industrial & Energy Technology — Currency exchange and other

Other segment segments

Oilfield Services & Equipment
$2M-11.1%

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ZTSCurrency exchange and other
-$7M-117%

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:GoodwillForeignCurrencyTranslationGainLoss.

The source filing: Baker Hughes’s 10-Q, filed April 24, 2026.

Filed
Apr 24, 2026, 4:16 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001701605-26-000014
Line itemOilfield Services & EquipmentIndustrial & Energy TechnologyTotal
Balance at December 31, 2024$1,547$4,531$6,078
Acquisitions254254
Currency exchange and other9149158
Classified as held for sale(422)(422)
Balance at December 31, 20251,5564,5126,068
Currency exchange and other4(40)(36)
Balance at March 31, 2026$1,560$4,472$6,032

ITEM 1. FINANCIAL STATEMENTS (UNAUDITED)

FAQ

What is Baker Hughes's industrial & energy technology — currency exchange and other?
Baker Hughes (BKR) reported industrial & energy technology — currency exchange and other of -$40M in Q1 2026.
How has Baker Hughes's industrial & energy technology — currency exchange and other changed year-over-year?
Baker Hughes's industrial & energy technology — currency exchange and other decreased by 207.4% year-over-year, from $37.25M to -$40M.
What is the long-term trend for Baker Hughes's industrial & energy technology — currency exchange and other?
Over 3 years (2021 to 2025), Baker Hughes's industrial & energy technology — currency exchange and other has grown at a 81.3% compound annual growth rate (CAGR), from -$25M to $149M.
What does industrial & energy technology — currency exchange and other mean?
Reflects the impact of foreign currency fluctuations and miscellaneous non-operating items on the segment's financial results. It accounts for the volatility inherent in global operations where revenue and costs are denominated in multiple currencies. This helps isolate core operational performance from external macroeconomic factors.

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