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Baker Hughes BKR Subsea & Surface Pressure Systems — Total Revenue

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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$61.1B+45.1%
Enterprise value$61.63B—
P/E19.7×+5.9×
P/S2.2×+0.7×

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:RevenueFromContractWithCustomerExcludingAssessedTax.

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
Total RevenueThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Well Construction$899$921$1,742$1,812
Completions, Intervention, and Measurements9449351,8271,861
Production Solutions9309681,8281,867
Subsea & Surface Pressure Systems6787931,2911,576
Oilfield Services & Equipment3,4513,6176,6887,116
Gas Technology Equipment1,5241,6243,1893,080
Gas Technology Services8317521,6221,344
Total Gas Technology2,3552,3774,8114,424

ITEM 1. FINANCIAL STATEMENTS (UNAUDITED)

FAQ

What is Baker Hughes's subsea & surface pressure systems — total revenue?
Baker Hughes (BKR) reported subsea & surface pressure systems — total revenue of $678M in Q2 2026.
What does subsea & surface pressure systems — total revenue mean?
This metric represents the total revenue generated from the sale of equipment and services related to subsea and surface pressure control systems. It reflects the company's market position in offshore oil and gas infrastructure, including completions and pressure management technologies. Tracking this revenue helps investors evaluate the segment's performance in response to global offshore exploration and production capital expenditure cycles.

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