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Baker Hughes BKR Sales of goods — Costs

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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 us-gaap:CostOfGoodsAndServicesSold.

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
(In millions, except per share amounts)Three Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Sales of services2,4502,3944,6804,677
Total revenue6,7426,91013,32913,337
Costs and expenses:
Cost of goods sold3,3153,6026,7446,932
Cost of services sold1,8501,6933,5023,315
Selling, general and administrative5695671,1311,144
Research and development costs143161277307
Restructuring1150

ITEM 1. FINANCIAL STATEMENTS (UNAUDITED)

FAQ

What is Baker Hughes's sales of goods — costs?
Baker Hughes (BKR) reported sales of goods — costs of $3.32B in Q2 2026.
How has Baker Hughes's sales of goods — costs changed year-over-year?
Baker Hughes's sales of goods — costs decreased by 8.0% year-over-year, from $3.6B to $3.32B.
What is the long-term trend for Baker Hughes's sales of goods — costs?
Over 4 years (2021 to 2025), Baker Hughes's sales of goods — costs has grown at a 8.3% compound annual growth rate (CAGR), from $10.46B to $14.39B.
What does sales of goods — costs mean?
This metric captures the direct costs associated with the production, manufacturing, and delivery of physical goods sold to customers. It includes raw materials, direct labor, and manufacturing overhead directly attributable to the product line. Monitoring this cost base is essential for evaluating the efficiency of the company's manufacturing operations and its ability to maintain margins amidst fluctuating commodity prices.

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