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Baker Hughes BKR Deferred 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:ContractWithCustomerLiabilityCurrent.

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 par value)June 30,2026December 31,2025
Current liabilities:
Accounts payable$4,509$4,579
Short-term debt774689
Progress collections and deferred income6,5985,904
All other current liabilities2,7182,705
Total current liabilities14,59913,877
Long-term debt15,4795,398
Liabilities for pensions and other postretirement benefits9591,066

ITEM 1. FINANCIAL STATEMENTS (UNAUDITED)

FAQ

What is Baker Hughes's deferred revenue?
Baker Hughes (BKR) reported deferred revenue of $6.6B in Q2 2026.
How has Baker Hughes's deferred revenue changed year-over-year?
Baker Hughes's deferred revenue increased by 16.2% year-over-year, from $5.68B to $6.6B.
What is the long-term trend for Baker Hughes's deferred revenue?
Over 5 years (2020 to 2025), Baker Hughes's deferred revenue has grown at a 11.3% compound annual growth rate (CAGR), from $3.45B to $5.9B.
What does deferred revenue mean?
Payments received from customers for goods or services to be delivered within one year — recognized as revenue as performance obligations are satisfied.

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