Financials in USD. Standardized financial statements.
A compact view of how Baker Hughes Company turns revenue into operating income and net income.
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue? | $27.73B | $27.83B | $25.51B | $21.16B | $20.50B | $20.70B | $23.84B | $22.88B | $17.18B | $13.27B |
| Revenue Growth? | -0.3% | +9.1% | +20.6% | +3.2% | -1.0% | -13.1% | +4.2% | +33.2% | +29.5% | 0.0% |
| Cost of Revenue? | $21.19B | $21.35B | $19.60B | $16.20B | $15.96B | $16.97B | $19.41B | $18.89B | $14.14B | $10.12B |
| Gross Profit? | $6.54B | $6.48B | $5.90B | $4.96B | $4.54B | $3.73B | $4.43B | $3.99B | $3.04B | $3.15B |
| Gross Margin? | +23.6% | +23.3% | +23.1% | +23.4% | +22.1% | +18.0% | +18.6% | +17.4% | +17.7% | +23.7% |
| Operating Expenses? | $2.99B | $3.10B | $3.26B | $3.07B | $3.23B | $3.06B | $3.36B | $3.29B | $3.32B | $2.48B |
| Operating Income? | $3.56B | $3.38B | $2.64B | $1.89B | $1.31B | $672.00M | $1.07B | $701.00M | -$284.00M | $457.00M |
| EBITDA? | $4.29B | $4.60B | $3.96B | $1.33B | $1.83B | $1.99B | $2.41B | $2.25B | $888.00M | $1.24B |
| Income Before Tax | $2.88B | $3.27B | $2.65B | $22.00M | $428.00M | -$15.20B | $753.00M | $541.00M | -$346.00M | $358.00M |
| Income Tax Expense | $253.00M | $257.00M | $685.00M | $600.00M | $758.00M | $559.00M | $482.00M | $258.00M | $45.00M | $173.00M |
| Net Income? | $2.59B | $2.98B | $1.94B | -$601.00M | -$219.00M | -$9.94B | $128.00M | $195.00M | -$61.00M | $254.00M |
| EPS? | $2.62 | $3.00 | $1.93 | $-0.61 | $-0.27 | $-14.73 | $0.23 | $0.46 | $-0.24 | $0.94 |
| Diluted EPS? | $2.60 | $2.98 | $1.91 | $-0.61 | $-0.27 | $-14.73 | $0.23 | $0.45 | $-0.24 | $0.94 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality