BKR
Baker Hughes Company
Stock
$56.00+0.38 (+0.68%)Close Oct 2, 2026
Income statement
| Line | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $27.8B | $25.5B | $21.2B | $20.5B | $20.7B | $23.8B | $22.9B | $17.2B | $13.1B | $16.7B |
| Cost of revenue | — | — | — | — | — | $19.4B | $18.9B | $14.1B | $9.9B | $9.3B |
| Gross profit | — | — | — | — | — | $4.4B | $4.0B | $3.0B | $3.1B | $7.4B |
| R&D | $643M | $651M | $552M | $492M | $595M | $687M | $700M | $501M | $352M | $408M |
| SG&A | $2.5B | $2.6B | $2.5B | $2.5B | $2.4B | $2.8B | $2.7B | $2.5B | $1.9B | $2.1B |
| Other operating expenses | — | — | — | — | — | — | — | $284M | $411M | $5.0B |
| Operating income | $3.1B | $2.3B | $1.2B | $1.3B | −$16.0B | $1.1B | $701M | −$284M | $457M | −$138M |
| Non-operating income | $184M | $338M | −$1.2B | −$882M | $776M | −$321M | −$160M | −$62M | −$99M | −$20M |
| Pretax income | $3.3B | $2.7B | $22M | $428M | −$15.2B | $753M | $541M | −$346M | $358M | −$158M |
| Taxes | $286M | $712M | $623M | $647M | −$5.3B | $625M | $346M | −$243M | $358M | −$158M |
| Net income | $3.0B | $1.9B | −$601M | −$219M | −$9.9B | $128M | $195M | −$103M | $0 | $0 |
| Diluted EPS | $2.98 | $1.91 | −$0.61 | −$0.27 | −$14.73 | $0.23 | $0.45 | −$0.24 | — | — |
| Revenue growth | +9.1% | +20.6% | +3.2% | −1.0% | −13.1% | +4.2% | +33.2% | +31.3% | −21.6% | — |
| Gross margin | — | — | — | — | — | 18.6% | 17.4% | 17.7% | 24.0% | 44.4% |
| Operating margin | 11.1% | 9.1% | 5.6% | 6.4% | −77.2% | 4.5% | 3.1% | −1.7% | 3.5% | −0.8% |
| Net margin | 10.7% | 7.6% | −2.8% | −1.1% | −48.0% | 0.5% | 0.9% | −0.6% | 0.0% | 0.0% |