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Baker Hughes BKR Sales of goods — Costs
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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, 2026 | Three Months Ended June 30, 2025 | Six Months Ended June 30, 2026 | Six Months Ended June 30, 2025 |
|---|---|---|---|---|
| Sales of services | 2,450 | 2,394 | 4,680 | 4,677 |
| Total revenue | 6,742 | 6,910 | 13,329 | 13,337 |
| Costs and expenses: | ||||
| Cost of goods sold | 3,315 | 3,602 | 6,744 | 6,932 |
| Cost of services sold | 1,850 | 1,693 | 3,502 | 3,315 |
| Selling, general and administrative | 569 | 567 | 1,131 | 1,144 |
| Research and development costs | 143 | 161 | 277 | 307 |
| Restructuring | 11 | — | 50 | — |
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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