Baker Hughes Oilfield Services & Equipment — Add: Depreciation and amortization increased by 10.3% to $278.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 23.0%, from $226.00M to $278.00M. Over 2 years (FY 2023 to FY 2025), Oilfield Services & Equipment — Add: Depreciation and amortization shows relatively stable performance with a 4.8% CAGR.
An increase suggests higher capital intensity or a larger asset base, while a decrease may indicate aging assets or reduced investment in equipment.
This metric represents the non-cash expenses related to the allocation of the cost of tangible and intangible assets ove...
Standard across oilfield service peers like SLB or Halliburton, where depreciation reflects the intensity of asset utilization in drilling and completion services.
bkr_segment_oilfield_services_equipment_add_depreciation_and_amortization| 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 | $212.25M | $212.25M | $212.25M | $212.25M | $222.00M | $223.00M | $218.00M | $230.00M | $226.00M | $233.00M | $221.00M | $252.00M | $278.00M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +4.6% | +0.5% | -2.2% | +5.5% | -1.7% | +3.1% | -5.2% | +14.0% | +10.3% |
| YoY Change | — | — | — | — | +4.6% | +5.1% | +2.7% | +8.4% | +1.8% | +4.5% | +1.4% | +9.6% | +23.0% |