Baker Hughes financials
$55.92−2.10%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 | FY21 Dec 31 | FY20 Dec 31 | FY19 Dec 31 |
|---|---|---|---|---|---|---|---|
| Revenue | $27.73B | $27.83B | $25.51B | $21.16B | $20.50B | $20.70B | $23.84B |
| Gross profit | $6.54B | $6.48B | $5.90B | $4.40B | $4.05B | $3.20B | $4.43B |
| Gross margin | 23.6% | 23.3% | 23.1% | 20.8% | 19.7% | 15.5% | 18.6% |
| Operating income | $3.34B | $3.12B | $2.33B | $1.19B | $1.31B | -$15.98B | $1.07B |
| Net income | $2.59B | $2.98B | $1.94B | -$601.0M | -$219.0M | -$9.94B | $128.0M |
| Net margin | 9.3% | 10.7% | 7.6% | −2.8% | −1.1% | −48.0% | 0.5% |
| Diluted EPS | $2.60 | $2.98 | $1.91 | $-0.61 | $-0.27 | $-14.73 | $0.23 |
| EBITDA | $4.75B | $4.52B | $3.73B | $2.95B | $2.68B | $2.11B | $3.02B |
| Operating cash flow | $3.81B | $3.33B | $3.06B | $1.89B | $2.37B | $1.30B | $2.13B |
| Free cash flow | $2.54B | $2.05B | $1.84B | $899.0M | $1.52B | $330.0M | $886.0M |
| Diluted shares | 994.0M | 1,001.0M | 1,015.0M | 987.0M | 824.0M | 675.0M | 557.0M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $3.71B | $3.36B | $2.65B | $2.49B | $3.85B | $4.13B |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | — | — |
| Total debt | $6.09B | $6.02B | $6.02B | $6.66B | $6.73B | $7.63B |
| Total assets | $40.88B | $38.36B | $36.95B | $34.18B | $35.31B | $38.01B |
| Total liabilities | $21.87B | $21.31B | $21.43B | $19.66B | $18.56B | $19.77B |
| Shareholders' equity | $19.01B | $17.05B | $15.52B | $14.53B | $16.75B | $18.24B |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology