Business Segments · CapEx
Oilfield Services & Equipment — CapEx
Baker Hughes Oilfield Services & Equipment — CapEx decreased by 16.2% to $218.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 8.5%, from $201.00M to $218.00M. Over 2 years (FY 2023 to FY 2025), Oilfield Services & Equipment — CapEx shows relatively stable performance with a -3.9% CAGR.
Analysis
StatementSegment
CategoryCapital Allocation
SignalContext dependent
VolatilityModerate
First reportedQ1 2023
Last reportedQ1 2026
How to read this metric
Increased spending often signals growth initiatives, while decreased spending may indicate a focus on cash preservation or a cyclical downturn.
Detailed definition
Capital expenditures represent the cash outflows used by the Oilfield Services and Equipment segment to acquire, upgrade...
Peer comparison
Standard metric across the energy sector to track reinvestment rates relative to depreciation and revenue growth.
Metric ID:
bkr_segment_oilfield_services_equipment_capital_expendituresHistorical Data
13 periods
| 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 | $240.00M | $240.00M | $240.00M | $240.00M | $259.00M | $217.00M | $226.00M | $252.00M | $201.00M | $213.00M | $213.00M | $260.00M | $218.00M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +7.9% | -16.2% | +4.1% | +11.5% | -20.2% | +6.0% | +0.0% | +22.1% | -16.2% |
| YoY Change | — | — | — | — | +7.9% | -9.6% | -5.8% | +5.0% | -22.4% | -1.8% | -5.8% | +3.2% | +8.5% |
Range$201.00M – $260.00M
CAGR-3.2%
Avg YoY Growth-2.3%
Median YoY Growth-1.8%
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Frequently Asked Questions
- What is Baker Hughes's oilfield services & equipment — capex?
- Baker Hughes (BKR) reported oilfield services & equipment — capex of $218.00M in Q1 2026.
- How has Baker Hughes's oilfield services & equipment — capex changed year-over-year?
- Baker Hughes's oilfield services & equipment — capex increased by 8.5% year-over-year, from $201.00M to $218.00M.
- What is the long-term trend for Baker Hughes's oilfield services & equipment — capex?
- Over 2 years (2023 to 2025), Baker Hughes's oilfield services & equipment — capex has grown at a -3.9% compound annual growth rate (CAGR), from $960.00M to $887.00M.
- What does oilfield services & equipment — capex mean?
- The amount of money spent by the Oilfield Services and Equipment segment to purchase or maintain physical assets.