Baker Hughes R&D decreased by 9.5% to $133.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 8.9%, from $146.00M to $133.00M. Over 4 years (FY 2021 to FY 2025), R&D shows an upward trend with a 5.1% CAGR.
Analysis
How to read this metric
High spending signals a commitment to future growth and innovation, though it reduces current period earnings.
Detailed definition
Expenses related to the development of new products, services, and technologies, as well as the improvement of existing...
Peer comparison
Tech leaders often spend a significant percentage of revenue on R&D to prevent disruption by competitors.
is_research_and_developmentHistorical Data
| 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 | $123.00M | $123.00M | $123.00M | $139.00M | $139.00M | $139.00M | $139.00M | $164.50M | $164.50M | $164.50M | $164.50M | $164.00M | $158.00M | $158.00M | $163.00M | $146.00M | $161.00M | $146.00M | $147.00M | $133.00M |
| QoQ Change | — | +0.0% | +0.0% | +13.0% | +0.0% | +0.0% | +0.0% | +18.3% | +0.0% | +0.0% | +0.0% | -0.3% | -3.7% | +0.0% | +3.2% | -10.4% | +10.3% | -9.3% | +0.7% | -9.5% |
| YoY Change | — | — | — | — | +13.0% | +13.0% | +13.0% | +18.3% | +18.3% | +18.3% | +18.3% | -0.3% | -4.0% | -4.0% | -0.9% | -11.0% | +1.9% | -7.6% | -9.8% | -8.9% |
Business Segments
| Segment | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Industrial & Energy Technology | — | — | — | -$84.00M | $96.00M | $86.00M | $261.00M | $79.00M |
| Oilfield Services & Equipment | — | — | — | -$61.00M | $65.00M | $60.00M | $177.00M | $54.00M |
| Oilfield Services & Equipment and Industrial & Energy Technology | -$160.75M | -$160.75M | -$160.75M | — | — | — | — | — |
| Total | $158.00M | $158.00M | $163.00M | $146.00M | $161.00M | $146.00M | $147.00M | $133.00M |
Oilfield Services & Equipment and Industrial & Energy Technology is derived from annual filings.
Oilfield Services & Equipment and Industrial & Energy Technology was previously reported and has since been discontinued or reclassified. Only currently active segments are shown in the chart.
R&D at Other Companies
Frequently Asked Questions
- What is Baker Hughes's r&d?
- Baker Hughes (BKR) reported r&d of $133.00M in Q1 2026.
- How has Baker Hughes's r&d changed year-over-year?
- Baker Hughes's r&d decreased by 8.9% year-over-year, from $146.00M to $133.00M.
- What is the long-term trend for Baker Hughes's r&d?
- Over 4 years (2021 to 2025), Baker Hughes's r&d has grown at a 5.1% compound annual growth rate (CAGR), from $492.00M to $600.00M.
- What does r&d mean?
- The money spent on creating new technology and improving existing products.