Business Segments · Segment EBITDA

Oilfield Services & Equipment — Segment EBITDA

Baker Hughes Oilfield Services & Equipment — Segment EBITDA decreased by 12.7% to $565.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 9.3%, from $623.00M to $565.00M. Over 2 years (FY 2023 to FY 2025), Oilfield Services & Equipment — Segment EBITDA shows relatively stable performance with a 0.4% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementSegment
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ1 2023
Last reportedQ1 2026

How to read this metric

Higher EBITDA indicates stronger operational efficiency and market demand for oilfield services, while lower EBITDA suggests margin compression or reduced activity levels.

Detailed definition

Segment EBITDA for Oilfield Services and Equipment measures the operational profitability of the segment before accounti...

Peer comparison

Commonly used by all major oilfield service providers to benchmark operational performance against industry cycles.

Metric ID: bkr_segment_oilfield_services_equipment_segment_ebitda

Historical Data

13 periods
 Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$648.75M$648.75M$648.75M$648.75M$644.00M$716.00M$765.00M$756.00M$623.00M$677.00M$671.00M$647.00M$565.00M
QoQ Change+0.0%+0.0%+0.0%-0.7%+11.2%+6.8%-1.2%-17.6%+8.7%-0.9%-3.6%-12.7%
YoY Change-0.7%+10.4%+17.9%+16.5%-3.3%-5.4%-12.3%-14.4%-9.3%
Range$565.00M$765.00M
CAGR-4.5%
Avg YoY Growth-0.1%
Median YoY Growth-3.3%
Current Streak3 quarters decline

Frequently Asked Questions

What is Baker Hughes's oilfield services & equipment — segment ebitda?
Baker Hughes (BKR) reported oilfield services & equipment — segment ebitda of $565.00M in Q1 2026.
How has Baker Hughes's oilfield services & equipment — segment ebitda changed year-over-year?
Baker Hughes's oilfield services & equipment — segment ebitda decreased by 9.3% year-over-year, from $623.00M to $565.00M.
What is the long-term trend for Baker Hughes's oilfield services & equipment — segment ebitda?
Over 2 years (2023 to 2025), Baker Hughes's oilfield services & equipment — segment ebitda has grown at a 0.4% compound annual growth rate (CAGR), from $2.60B to $2.62B.
What does oilfield services & equipment — segment ebitda mean?
The core operating profit of the Oilfield Services and Equipment segment before non-cash charges and financing costs.