Income Before Tax

Pre-Tax Income

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.

Analysis

StatementIncome Statement
SectionIncome Before Tax
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ1 2013
Last reportedQ1 2026

How to read this metric

This provides a view of profitability that is not skewed by varying tax rates or one-time tax credits.

Detailed definition

A company's profits before the deduction of corporate income tax. It combines operating performance with non-operating f...

Peer comparison

Used to compare companies across different tax jurisdictions to see who generates more raw profit.

Metric ID: is_income_before_tax

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '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%
Range-$655.00M$1.27B
CAGR+86.5%
Avg YoY Growth-0.8%
Median YoY Growth+25.1%

Business Segments

View all
SegmentQ1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '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.

Frequently Asked Questions

What is Baker Hughes's pre-tax income?
Baker Hughes (BKR) reported pre-tax income of $1.27B in Q1 2026.
How has Baker Hughes's pre-tax income changed year-over-year?
Baker Hughes's pre-tax income increased by 127.1% year-over-year, from $561.00M to $1.27B.
What is the long-term trend for Baker Hughes's pre-tax income?
Over 4 years (2021 to 2025), Baker Hughes's pre-tax income has grown at a 61.0% compound annual growth rate (CAGR), from $428.00M to $2.88B.
What does pre-tax income mean?
The total profit a company made before paying its income taxes.