What is Baker Hughes's deferred revenue?

Baker Hughes (BKR) reported deferred revenue of $6B in Q1 2026.

How has Baker Hughes's deferred revenue changed year-over-year?

Baker Hughes's deferred revenue increased by 7.3% year-over-year, from $5.59B to $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.

Baker Hughes BKR Deferred Revenue

Deferred Revenue at other companies

TETRA TechnologiesTTI

$19.67M+0.4%

Flotek IndustriesFTK

$1.67M+74.3%

NOVA, Inc.NOV

$575M+10.6%

Innovex InternationalINVX

$11.14M+0.1%

Weatherford InternationalWFRD

$41M-16.3%

TechnipFMCFTI

$2.16B+12.5%

Segments

By product

See full

Progress Collections$5.76B—

Deferred Income$148M—

Other financials

Income statement

See full

Revenue$6.6B+2.5%

Operating income$665.0M+2.2%

Net income$930.0M+131%

EPS (diluted)$0.75+56.0%

Balance sheet

See full

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

See full

Operating cash flow$500.0M-29.5%

CapEx$336.0M+12.0%

Free cash flow$164.0M-59.9%

Valuation

See full

Market cap$55.93B+46.2%

P/E18×+4.9×

P/S2×+0.6×

Profitability

See full

Gross margin18.6%—

Operating margin11.1%+2.0pp

Net margin11.2%+0.7pp

FCF margin8.2%+1.0pp

Returns & leverage

See full

Return on equity17.1%-0.9pp

Debt / equity0×0.0×

Current ratio2.1×+0.8×

Where this comes from

Reported directly by Baker Hughes in its filing.

Tagged under the XBRL concept us-gaap:ContractWithCustomerLiabilityCurrent.

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

Ask your AI about Baker Hughes's deferred revenue.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI

Claude

Questions, answered.

What is Baker Hughes's deferred revenue?: Baker Hughes (BKR) reported deferred revenue of $6B in Q1 2026.
How has Baker Hughes's deferred revenue changed year-over-year?: Baker Hughes's deferred revenue increased by 7.3% year-over-year, from $5.59B to $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.