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Baker Hughes BKR Service — Total Revenue

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Other financials

Income statement

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Revenue$6.6B+2.5%
Operating income$665.0M+2.2%
Net income$930.0M+131%
EPS (diluted)$0.75+56.0%

Balance sheet

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Cash & equivalents$14.8B+351%
Total debt$615.0M-8.6%
Total equity$19.3B+13.3%
Total assets$50.9B+33.6%

Cash flow

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Operating cash flow$500.0M-29.5%
CapEx$336.0M+12.0%
Free cash flow$164.0M-59.9%

Valuation

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Market cap$55.93B+46.2%
P/E18×+4.9×
P/S+0.6×

Profitability

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Gross margin18.6%
Operating margin11.1%+2.0pp
Net margin11.2%+0.7pp
FCF margin8.2%+1.0pp

Returns & leverage

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Return on equity17.1%-0.9pp
Debt / equity0.0×
Current ratio2.1×+0.8×

Where this comes from

Reported directly by Baker Hughes in its filing.

Tagged under the XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.

The official record: Baker Hughes’s 10-Q, filed April 24, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Baker Hughes's service — total revenue?
Baker Hughes (BKR) reported service — total revenue of $2.23B in Q1 2026.
How has Baker Hughes's service — total revenue changed year-over-year?
Baker Hughes's service — total revenue decreased by 2.3% year-over-year, from $2.28B to $2.23B.
What is the long-term trend for Baker Hughes's service — total revenue?
Over 4 years (2021 to 2025), Baker Hughes's service — total revenue has grown at a 3.6% compound annual growth rate (CAGR), from $8.25B to $9.52B.
What does service — total revenue mean?
This metric represents the total gross revenue generated from providing specialized oilfield services, technical support, and maintenance activities to customers. It reflects the company's ability to monetize its technical expertise and service-based offerings within the energy and industrial sectors. This revenue stream is a key indicator of the company's market penetration and the demand for its recurring service-based business model.