Product — Total Revenue
Baker Hughes Product — Total Revenue decreased by 11.9% to $4.36B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 5.1%, from $4.14B to $4.36B. Over 4 years (FY 2021 to FY 2025), Product — Total Revenue shows an upward trend with a 10.4% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
An increase indicates strong demand for the company's manufactured hardware and equipment, while a decrease may signal market saturation or a shift toward service-based revenue models.
Detailed definition
This metric represents the total gross revenue generated from the sale of physical products, equipment, and manufactured...
Peer comparison
Comparable to 'Product Revenue' or 'Equipment Sales' reported by other industrial and oilfield service peers like SLB or Halliburton.
bkr_segment_sales_of_goods_total_revenueHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $3.08B | $2.98B | $3.25B | $2.81B | $2.82B | $3.08B | $3.53B | $3.48B | $3.79B | $4.04B | $4.30B | $4.00B | $4.55B | $4.41B | $4.85B | $4.14B | $4.52B | $4.61B | $4.94B | $4.36B |
| QoQ Change | — | -3.1% | +8.9% | -13.6% | +0.3% | +9.5% | +14.3% | -1.2% | +8.9% | +6.6% | +6.2% | -6.9% | +13.8% | -3.1% | +9.8% | -14.5% | +9.0% | +2.1% | +7.2% | -11.9% |
| YoY Change | — | — | — | — | -8.5% | +3.4% | +8.5% | +24.0% | +34.6% | +31.1% | +21.8% | +14.8% | +20.0% | +9.1% | +12.8% | +3.6% | -0.8% | +4.5% | +2.0% | +5.1% |
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Frequently Asked Questions
- What is Baker Hughes's product — total revenue?
- Baker Hughes (BKR) reported product — total revenue of $4.36B in Q1 2026.
- How has Baker Hughes's product — total revenue changed year-over-year?
- Baker Hughes's product — total revenue increased by 5.1% year-over-year, from $4.14B to $4.36B.
- What is the long-term trend for Baker Hughes's product — total revenue?
- Over 4 years (2021 to 2025), Baker Hughes's product — total revenue has grown at a 10.4% compound annual growth rate (CAGR), from $12.25B to $18.22B.
- What does product — total revenue mean?
- The total amount of money earned from selling physical products and equipment.