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Baker Hughes BKR Oilfield Services & Equipment — Research and development costs
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Where this comes from
Reported directly by Baker Hughes in its filing.
Tagged under the XBRL concept us-gaap:ResearchAndDevelopmentExpense.
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 item | Three Months Ended June 30, 2026 / OFSE | Three Months Ended June 30, 2026 / IET | Three Months Ended June 30, 2026 / Total | Six Months Ended June 30, 2026 / OFSE | Six Months Ended June 30, 2026 / IET | Six 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 income | 2 | 3 | 5 | 1 | 8 | 9 |
| Add: Depreciation and amortization | 266 | 60 | 326 | 544 | 128 | 672 |
| Segment EBITDA | $605 | $678 | $1,283 | $1,170 | $1,356 | $2,526 |
ITEM 1. FINANCIAL STATEMENTS (UNAUDITED)
FAQ
- What is Baker Hughes's oilfield services & equipment — research and development costs?
- Baker Hughes (BKR) reported oilfield services & equipment — research and development costs of $60M in Q2 2026.
- How has Baker Hughes's oilfield services & equipment — research and development costs changed year-over-year?
- Baker Hughes's oilfield services & equipment — research and development costs decreased by 7.7% year-over-year, from $65M to $60M.
- What is the long-term trend for Baker Hughes's oilfield services & equipment — research and development costs?
- Over 3 years (2022 to 2025), Baker Hughes's oilfield services & equipment — research and development costs has grown at a -19.5% compound annual growth rate (CAGR), from -$228M to $119M.
- What does oilfield services & equipment — research and development costs mean?
- Expenditures dedicated to the innovation, design, and improvement of technologies and equipment within the Oilfield Services & Equipment segment. This investment is essential for maintaining a competitive edge in the energy technology market.
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