FY2025 · ended Dec 31, 2025 · Revenue $27.73B, -0.3% YoY · Filed Feb 5, 2026
Baker Hughes Company (BKR) files with the SEC under industry code 3533, Oil & Gas Field Machinery & Equipment. In fiscal 2025, which ended Dec 31, 2025, it reported revenue of $27.7 billion and net income of $2.6 billion. Free cash flow was $2.5 billion. As of Sep 30, 2026 it held $4.1 billion in cash and investments and $18.3 billion in total debt.
Revenue (TTM)
$28.74B
+3.7% vs year-ago TTM
Net income (TTM)
$2.90B
+0.2% vs year-ago TTM
Operating cash flow (TTM)
$4.51B
+35.2% vs year-ago TTM
Free cash flow (TTM)
$3.23B
+54.5% vs year-ago TTM
EPS
$2.98
+56.0% vs prior year
Dividend per share
None
Shares outstanding
988.24M
-0.2% vs prior year
Net cash
$-14.20B
as of Sep 30, 2026
Operating margin
11.1%
FY 2024
Company profile
- Industry
- Oil & Gas Field Machinery & Equipment (SIC 3533)
- Listed as
- BKR (Nasdaq)
- Fiscal year ends
- December 31
- Incorporated in
- DE
- Headquarters
- Houston, TX
- SEC filer status
- Large accelerated filer
- SEC CIK
- 1701605
- Former names
- Baker Hughes a GE Co (until Oct 10, 2019); Bear Newco, Inc. (until May 30, 2017)
Other Oil & Gas Field Machinery & Equipment companies
- TechnipFMC plc FTI
- Solaris Energy Infrastructure, Inc. SEI
- NOV Inc. NOV
- Weatherford International plc WFRD
- Cactus, Inc. WHD
- DNOW Inc. DNOW
- Flowco Holdings Inc. FLOC
- Innovex International, Inc. INVX
Key figures
Fiscal-year totals from the annual reports. Balance sheet lines are as of each year end.
| Line | FY 2025 Dec 31, 2025 |
FY 2024 Dec 31, 2024 |
FY 2023 Dec 31, 2023 |
FY 2022 Dec 31, 2022 |
FY 2021 Dec 31, 2021 |
|---|---|---|---|---|---|
| Revenue | $27.7B | $27.8B | $25.5B | $21.2B | $20.5B |
| Operating income | — | $3.1B | $2.3B | $1.2B | $1.3B |
| Net income | $2.6B | $3.0B | $1.9B | -$601.0M | -$219.0M |
| Diluted EPS | — | $2.98 | $1.91 | -$0.61 | -$0.27 |
| Operating cash flow | $3.8B | $3.3B | $3.1B | $1.9B | $2.4B |
| Free cash flow | $2.5B | $2.1B | $1.8B | $899.0M | $1.5B |
| Total assets | $40.9B | $38.4B | $36.9B | $34.2B | $35.3B |
| Stockholders' equity | $18.8B | $16.9B | $15.4B | $14.4B | $14.8B |
| Cash and investments | $3.7B | $3.4B | $2.6B | $2.5B | $3.9B |
| Total debt | $6.7B | $6.7B | $6.8B | $7.4B | $7.5B |
Recent SEC filings
| Form | Description | Filed | Period |
|---|---|---|---|
| 10-Q | Quarterly report | Oct 28, 2026 | Sep 30, 2026 |
| 8-K |
Current report
Results of operations, Regulation FD disclosure
|
Oct 27, 2026 | Oct 27, 2026 |
| 8-K/A | Amended current report | Oct 1, 2026 | Jul 16, 2026 |
| 8-K |
Current report
Regulation FD disclosure
|
Sep 9, 2026 | Sep 9, 2026 |
| 10-Q | Quarterly report | Jul 27, 2026 | Jun 30, 2026 |
| 8-K |
Current report
Results of operations, Regulation FD disclosure
|
Jul 27, 2026 | Jul 26, 2026 |
All 972 Baker Hughes Company SEC filings
Source: SEC EDGAR filings. This is company-reported data, not investment advice.