Business Segments · Research and development costs

Industrial & Energy Technology — Research and development costs

Baker Hughes Industrial & Energy Technology — Research and development costs decreased by 69.7% to $79.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 194.0%, from -$84.00M to $79.00M. Over 3 years (FY 2022 to FY 2025), Industrial & Energy Technology — Research and development costs shows an upward trend with a 5.4% CAGR.

Analysis

StatementSegment
CategoryGrowth
SignalContext dependent
VolatilityModerate
First reportedQ1 2022
Last reportedQ1 2026
Rolls up toR&D

How to read this metric

Higher spending indicates a focus on long-term innovation, while lower spending might suggest a focus on short-term profitability.

Detailed definition

The expenditures dedicated to innovation, new product development, and technological improvements within the Industrial...

Peer comparison

Standard R&D metric; comparable to 'Segment R&D expenses' at technology-heavy industrial peers.

Metric ID: bkr_segment_industrial_energy_technology_research_and_development_costs

Historical Data

17 periods
 Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value-$76.75M-$76.75M-$76.75M-$76.75M-$93.25M-$93.25M-$93.25M-$93.25M-$96.00M$95.00M$91.00M-$473.00M-$84.00M$96.00M$86.00M$261.00M$79.00M
QoQ Change+0.0%+0.0%+0.0%-21.5%+0.0%+0.0%+0.0%-2.9%+199.0%-4.2%-619.8%+82.2%+214.3%-10.4%+203.5%-69.7%
YoY Change-21.5%-21.5%-21.5%-21.5%-2.9%+201.9%+197.6%-407.2%+12.5%+1.1%-5.5%+155.2%+194.0%
Range-$473.00M$261.00M
CAGR+0.7%
Avg YoY Growth+20.0%
Median YoY Growth-2.9%

Frequently Asked Questions

What is Baker Hughes's industrial & energy technology — research and development costs?
Baker Hughes (BKR) reported industrial & energy technology — research and development costs of $79.00M in Q1 2026.
How has Baker Hughes's industrial & energy technology — research and development costs changed year-over-year?
Baker Hughes's industrial & energy technology — research and development costs increased by 194.0% year-over-year, from -$84.00M to $79.00M.
What is the long-term trend for Baker Hughes's industrial & energy technology — research and development costs?
Over 3 years (2022 to 2025), Baker Hughes's industrial & energy technology — research and development costs has grown at a 5.4% compound annual growth rate (CAGR), from -$307.00M to $359.00M.
What does industrial & energy technology — research and development costs mean?
The amount spent on developing new technologies and improving existing products within this segment.