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Baker Hughes BKR Industrial & Energy Technology — Segment EBITDA

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$444M+18.1%

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 bkr:SegmentEBITDA.

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, 2026 / OFSEThree Months Ended June 30, 2026 / IETThree Months Ended June 30, 2026 / TotalSix Months Ended June 30, 2026 / OFSESix Months Ended June 30, 2026 / IETSix Months Ended June 30, 2026 / Total
Revenue$3,451$3,291$6,742$6,688$6,641$13,329
Cost of goods and services sold(2,849)(2,311)(5,160)(5,540)(4,692)(10,232)
Research and development costs(60)(83)(143)(114)(163)(277)
Selling, general and administrative(205)(282)(487)(409)(566)(975)
Other income235189
Add: Depreciation and amortization26660326544128672
Segment EBITDA$605$678$1,283$1,170$1,356$2,526

ITEM 1. FINANCIAL STATEMENTS (UNAUDITED)

FAQ

What is Baker Hughes's industrial & energy technology — segment EBITDA?
Baker Hughes (BKR) reported industrial & energy technology — segment EBITDA of $678M in Q2 2026.
How has Baker Hughes's industrial & energy technology — segment EBITDA changed year-over-year?
Baker Hughes's industrial & energy technology — segment EBITDA increased by 15.9% year-over-year, from $585M to $678M.
What is the long-term trend for Baker Hughes's industrial & energy technology — segment EBITDA?
Over 2 years (2023 to 2025), Baker Hughes's industrial & energy technology — segment EBITDA has grown at a 27.5% compound annual growth rate (CAGR), from $1.53B to $2.48B.
What does industrial & energy technology — segment EBITDA mean?
This is the primary measure of operational profitability for the Industrial & Energy Technology segment, excluding the effects of financing, taxes, and non-cash accounting charges. It captures the earnings generated from the segment's industrial power, process solutions, and LNG-related activities. This metric is critical for evaluating the segment's ability to generate cash flow from its core business operations.

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