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.
Higher spending indicates a focus on long-term innovation, while lower spending might suggest a focus on short-term profitability.
The expenditures dedicated to innovation, new product development, and technological improvements within the Industrial...
Standard R&D metric; comparable to 'Segment R&D expenses' at technology-heavy industrial peers.
bkr_segment_industrial_energy_technology_research_and_development_costs| Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '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% |