Baker Hughes BKR Product — Costs

Other product segments

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Questions, answered.

What is Baker Hughes's product — costs?

Baker Hughes (BKR) reported product — costs of $3.43B in Q1 2026.

How has Baker Hughes's product — costs changed year-over-year?

Baker Hughes's product — costs increased by 3.1% year-over-year, from $3.33B to $3.43B.

What is the long-term trend for Baker Hughes's product — costs?

Over 4 years (2021 to 2025), Baker Hughes's product — costs has grown at a 8.3% compound annual growth rate (CAGR), from $10.46B to $14.39B.

What does product — 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.