Baker Hughes Pre-Tax Income increased by 141.3% to $1.27B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 127.1%, from $561.00M to $1.27B. Over 4 years (FY 2021 to FY 2025), Pre-Tax Income shows an upward trend with a 61.0% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
This provides a view of profitability that is not skewed by varying tax rates or one-time tax credits.
A company's profits before the deduction of corporate income tax. It combines operating performance with non-operating f...
Used to compare companies across different tax jurisdictions to see who generates more raw profit.
is_income_before_tax| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $66.00M | $209.00M | $689.00M | $187.00M | -$655.00M | $144.00M | $346.00M | $760.00M | $614.00M | $759.00M | $522.00M | $641.00M | $824.00M | $1.01B | $791.00M | $561.00M | $967.00M | $821.00M | $528.00M | $1.27B |
| QoQ Change | — | +216.7% | +229.7% | -72.9% | -450.3% | +122.0% | +140.3% | +119.7% | -19.2% | +23.6% | -31.2% | +22.8% | +28.5% | +22.5% | -21.6% | -29.1% | +72.4% | -15.1% | -35.7% | +141.3% |
| YoY Change | — | — | — | — | <-999% | -31.1% | -49.8% | +306.4% | +193.7% | +427.1% | +50.9% | -15.7% | +34.2% | +32.9% | +51.5% | -12.5% | +17.4% | -18.6% | -33.2% | +127.1% |
| Segment | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 |
|---|---|---|---|---|---|---|---|---|
| Oilfield Services & Equipment | $436.50M | $436.50M | $436.50M | $436.50M | $497.00M | $497.00M | $497.00M | $497.00M |
| Total | $760.00M | $614.00M | $759.00M | $522.00M | $641.00M | $824.00M | $1.01B | $791.00M |
Industrial & Energy Technology, Oilfield Services & Equipment are derived from annual filings.
Oilfield Services, Oilfield Services & Equipment, Turbomachinery & Process Solutions were previously reported and have since been discontinued or reclassified. Only currently active segments are shown in the chart.