Skip to content
OpenCapital
Get started
Income StatementBalance SheetCash FlowSegments
Baker Hughes logo

Baker Hughes Income Statement

Revenue, expenses, and profitability over time

Baker Hughes generated $27.9B in trailing twelve-month revenue, up 0.0% year-over-year. Net income was $3.1B with a 11.17% net margin. Based on the Q1 2026 filing.

Total Revenue (TTM)$27.9BOperating Income (TTM)$3.1BNet Income (TTM)$3.1BEps Diluted (TTM)$2.98
Latest FilingQ1 2026
Report Date2026-04-24
Market Cap$63.0B
P/E Ratio20.21
ROE17.14%

Operating Expenses

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Stock-Based Compensation Expense$48M$50M$52M$51M$50M$45M
Share-Based Compensation Expense$48M$50M$52M$51M$50M$45M
Depreciation and amortization$292M$285M$293M$282M$327M$354M
Stock-based compensation expense$48M$50M$52M$51M$50M$45M
Research and development$163M$146M$161M$146M$147M$133M
Restructuring charges$252M$0———$37M
Selling, general and administrative$585M$577M$567M$607M$636M$562M
Share-Based Compensation$48M$50M$52M$51M$50M$45M

Other

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Change in Accounts Receivable$362M-$487M-$45M——-$20M
Change in Deferred Revenue$181M-$193M-$65M-$228M—$195M
Income Taxes Paid, Net$307M$207M$211M$336M$402M$188M
Interest Paid, Net$99M$50M$98M$49M$97M$56M
Deferred taxes-$706M-$53M$0-$27M-$658M$224M
Gain on sale of business and assets$0$0———$721M
Income Taxes Paid, Net$307M$207M$211M$336M$402M$188M
Increase (Decrease) in Accounts Payable, Trade$131M-$87M-$66M-$182M$346M-$248M
Increase (Decrease) in Accounts Receivable$362M-$487M-$45M——-$20M
Increase (decrease) in contract liabilities and current deferred income$181M-$193M-$65M-$228M—$195M
Increase (Decrease) in Inventories—$106M-$14M-$129M-$42M-$35M
Increase (Decrease) in Other Operating Assets and Liabilities, Net-$497M$340M$344M——$217M
Interest Income (Expense), Operating-$55M-$51M-$54M-$56M-$61M-$86M
Interest Paid, Excluding Capitalized Interest, Operating Activity$99M$50M$98M$49M$97M$56M
Cash Provided by (Used in) Financing Activity, Including Discontinued Operation-$234M-$502M-$443M-$279M-$258M$9.5B
Cash Provided by (Used in) Investing Activity, Including Discontinued Operation-$217M-$310M-$286M-$1.1B-$393M$1B
Cash Provided by (Used in) Operating Activity, Including Discontinued Operation$1.2B$709M$510M$929M$1.7B$500M
Other income, net (Note 6)$159M-$140M$134M-$71M-$166M$588M
Payment for (Proceeds from) Other Investing Activity—$55M$14M$26M$42M$53M
Payments for Repurchase of Common Stock$8M$188M$196M——$0
Payments of Ordinary Dividends, Common Stock$208M$229M$227M$227M$227M$228M
Payments to Acquire Productive Assets$353M$300M$301M$295M$377M$336M
Proceeds from principal business dispositions$0$0—$47M—$1.4B
Debt issued (Note 13)—$0———$9.9B
Financing — other-$9M-$85M-$20M-$52M-$31M-$134M
Proceeds from disposition of property, plant and equipment/other$58M$45M$29M$65M$56M$46M
Revenue From Contract With Customer Excluding Assessed Tax$7.4B$6.4B$6.9B$7B$7.4B$6.6B
Stock-based compensation$48M$50M$52M$51M$50M$45M
Cash Dividends, Common Stock$208M$229M$227M$227M$227M$228M

Tax

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Cash Paid for Income Taxes$307M$207M$211M$336M$402M$188M
Income Taxes Paid, Net$307M$207M$211M$336M$402M$188M
Income tax expense—$152M$256M$204M—$336M
Income Taxes Paid, Net$307M$207M$211M$336M$402M$188M
Income and Other Taxes$307M$207M$211M$336M$402M$188M

Other Income & Expense

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Cash Paid for Interest$99M$50M$98M$49M$97M$56M
Gain (loss) on debt and equity securities$196M-$140M—-$8M-$74M-$50M
Gain on Sale of Business$0$0———$721M
Other Charges$159M-$140M$134M-$71M-$166M$588M

Net Income

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Common Stock Dividends$208M$229M$227M$227M$227M$228M
Net income$1.2B$402M$701M$609M$876M$930M
Common Stock Dividends$208M$229M$227M$227M$227M$228M

Earnings Per Share

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Basic earnings per share$0.75—————
Diluted earnings per share$0.74—————

Income Before Tax

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Income before income taxes$792M$561M$967M$821M$528M$1.3B

Revenue

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Net interest income-$55M-$51M-$54M-$56M-$61M-$86M
Total revenue$7.4B$6.4B$6.9B$7B$7.4B$6.6B