Restructuring Charges
Over 3 years (FY 2021 to FY 2024), Restructuring Charges shows an upward trend with a 21.8% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
How to read this metric
Frequent or large charges may indicate operational instability or a need for significant strategic pivots, while occasional charges are standard in large-scale transformations.
Detailed definition
Restructuring charges are one-time costs associated with reorganizing a company's operations, such as severance pay, fac...
Peer comparison
Used by analysts to identify non-recurring items that distort year-over-year operating comparisons.
is_restructuring_chargesHistorical 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 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $65.00M | $14.00M | $0.00 | $4.00M | $25.00M | $146.00M | $21.00M | $56.00M | $96.00M | $5.00M | $156.00M | $0.00 | $8.00M | $0.00 | $252.00M | $0.00 | $37.00M |
| QoQ Change | — | -78.5% | -100.0% | — | +525.0% | +484.0% | -85.6% | +166.7% | +71.4% | -94.8% | >999% | -100.0% | — | -100.0% | — | -100.0% | — |
| YoY Change | — | — | — | — | -61.5% | +942.9% | — | >999% | +284.0% | -96.6% | +642.9% | -100.0% | -91.7% | -100.0% | +61.5% | — | — |
Business Segments — Oilfield Services
| Segment | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q1 '25 | Q2 '25 | Q3 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Oilfield Services & Equipment | — | — | — | — | $0.00 | — | — | $11.00M |
| Oilfield Services | $2.00M | $2.00M | $16.00M | $40.00M | — | $30.25M | $30.25M | — |
| Turbomachineryand Process Solutions | — | -$1.00M | $4.00M | $6.00M | — | — | — | — |
| Total | $0.00 | $4.00M | $25.00M | $146.00M | $0.00 | — | — | $37.00M |
Oilfield Services, Turbomachineryand Process Solutions were previously reported and have since been discontinued or reclassified. Only currently active segments are shown in the chart.
Business Segments — Oilfield Services
| Segment | Q1 '22 | Q2 '22 |
|---|---|---|
| Oilfield Services | $2.00M | $16.00M |
| Turbomachineryand Process Solutions | -$1.00M | $4.00M |
| Total | $4.00M | $25.00M |
Oilfield Services, Turbomachineryand Process Solutions were previously reported and have since been discontinued or reclassified. Only currently active segments are shown in the chart.
Restructuring Charges at Other Companies
Frequently Asked Questions
- What is Baker Hughes's restructuring charges?
- Baker Hughes (BKR) reported restructuring charges of $37.00M in Q1 2026.
- What is the long-term trend for Baker Hughes's restructuring charges?
- Over 3 years (2021 to 2024), Baker Hughes's restructuring charges has grown at a 21.8% compound annual growth rate (CAGR), from $144.00M to $260.00M.
- What does restructuring charges mean?
- One-time costs related to reorganizing or downsizing business operations.