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Baker Hughes BKR Net Income

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Other financials

Income statement

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Revenue$6.7B-2.4%
Operating income$665.0M+2.2%
EPS (diluted)$0.68-4.2%

Balance sheet

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Cash & equivalents$15.7B+409%
Total debt$16.3B
Total equity$19.9B+12.5%
Total assets$52.6B+35.8%

Cash flow

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Operating cash flow$1.3B+164%
CapEx$300.0M-0.3%
Free cash flow$1.0B+400%

Valuation

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Market cap$61.55B+39.4%
Enterprise value$62.07B
P/E19.9×+5.4×
P/S2.2×+0.6×

Profitability

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Gross margin18.6%
Operating margin11.1%+2.0pp
Net margin11.2%+0.1pp
FCF margin11.3%+3.4pp

Returns & leverage

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Return on equity16.5%-1.9pp
Debt / equity0.8×
Current ratio2.1×+0.7×

Where this comes from

Reported directly by Baker Hughes in its filing.

Tagged under the XBRL concept us-gaap:NetIncomeLoss.

The source filing: Baker Hughes’s 10-Q, filed July 27, 2026.

Filed
Jul 27, 2026, 4:12 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001701605-26-000023
(In millions, except per share amounts)Three Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Provision for income taxes(210)(256)(545)(408)
Net income6827111,6201,120
Less: Net income attributable to noncontrolling interests110917
Net income attributable to Baker Hughes Company$681$701$1,611$1,103
Per share amounts:
Basic income per Class A common stock$0.69$0.71$1.63$1.11
Diluted income per Class A common stock$0.68$0.71$1.62$1.11
Cash dividend per Class A common stock$0.23$0.23$0.46$0.46

ITEM 1. FINANCIAL STATEMENTS (UNAUDITED)

FAQ

What is Baker Hughes's net income?
Baker Hughes (BKR) reported net income of $681M in Q2 2026.
How has Baker Hughes's net income changed year-over-year?
Baker Hughes's net income decreased by 2.9% year-over-year, from $701M to $681M.
What is the long-term trend for Baker Hughes's net income?
Over 2 years (2023 to 2025), Baker Hughes's net income has grown at a 15.4% compound annual growth rate (CAGR), from $1.94B to $2.59B.
What does net income mean?
The bottom line — total revenue minus all expenses, taxes, and costs. Represents the profit attributable to the company's shareholders after all obligations are met.

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