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Baker Hughes BKR Industrial & Energy Technology — Restructuring and impairment charges

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IRIndustrial Technologies and Services — Restructuring Charges
$2.6M-35.0%

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:RestructuringCharges.

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, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Oilfield Services & Equipment$11$24
Industrial & Energy Technology28
Corporate(2)
Total$11$50

ITEM 1. FINANCIAL STATEMENTS (UNAUDITED)

FAQ

What is Baker Hughes's industrial & energy technology — restructuring and impairment charges?
Baker Hughes (BKR) reported industrial & energy technology — restructuring and impairment charges of $0 in Q2 2026.
What is the long-term trend for Baker Hughes's industrial & energy technology — restructuring and impairment charges?
Over 2 years (2021 to 2024), Baker Hughes's industrial & energy technology — restructuring and impairment charges has grown at a 8.7% compound annual growth rate (CAGR), from $11M to $13M.
What does industrial & energy technology — restructuring and impairment charges mean?
This represents one-time costs associated with reorganizing the Industrial & Energy Technology segment's operations or writing down the value of assets that are no longer expected to provide future economic benefit. These charges often arise from strategic shifts, cost-reduction initiatives, or changes in market conditions affecting the segment's industrial and energy portfolio. Investors track these to distinguish between recurring operational performance and non-recurring strategic adjustments.

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