Baker Hughes Company revenue by segment BKR

Annual Quarterly

Baker Hughes Company splits its revenue 2 ways in its filings. By operating segments, the largest line in fiscal 2025, which ended Dec 31, 2025 was Oilfield Services And Equipment at $14.3 billion, 52% of the total. By sales mix, the largest line in fiscal 2025, which ended Dec 31, 2025 was Gas Technology Equipment at $6.6 billion, 24% of the total.

USD in millions. The percent under a figure is the change from the year before.

Line	FY 2026 Sep 30, 2026	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	FY 2020 Dec 31, 2020	FY 2019 Dec 31, 2019	FY 2018 Dec 31, 2018	FY 2017 Dec 31, 2017
Revenue	28,740	27,733	27,829	25,506	21,156	20,502	20,705	23,838	22,877	17,259
Operating segments
Oilfield Services And Equipment	13,920 -4.8% share 48.4%	14,324 -8.3% share 51.6%	15,628 +1.7% share 56.2%	15,361 +16.1% share 60.2%	13,229 +10.0% share 62.5%	12,028 share 58.7%	—	—	—	—
Industrial And Energy Technology	13,932 +6.4% share 48.5%	13,409 +9.9% share 48.4%	12,201 +20.3% share 43.8%	10,145 +28.0% share 39.8%	7,926 -6.5% share 37.5%	8,473 share 41.3%	—	—	—	—
Sales mix
Gas Technology Equipment	6,617 +2.9% share 23.0%	6,619 +16.3% share 23.9%	5,693 +34.5% share 20.5%	4,232 +62.8% share 16.6%	2,599 -14.5% share 12.3%	3,039 share 14.8%	—	—	—	—
Production Solutions	3,784 -0.6% share 13.2%	3,806 -1.4% share 13.7%	3,860 +0.2% share 13.9%	3,854 +7.4% share 15.1%	3,587 +14.4% share 17.0%	3,135 share 15.3%	—	—	—	—
Completions Intervention And Measurements	3,779 -1.3% share 13.1%	3,750 -9.7% share 13.5%	4,154 -0.4% share 14.9%	4,170 +17.2% share 16.3%	3,559 +14.6% share 16.8%	3,106 share 15.1%	—	—	—	—
Well Construction	3,580 -3.5% share 12.5%	3,646 -12.0% share 13.1%	4,145 -5.5% share 14.9%	4,387 +13.8% share 17.2%	3,854 +16.8% share 18.2%	3,301 share 16.1%	—	—	—	—
Subsea And Surface Pressure Systems	2,777 -15.3% share 9.7%	3,122 -10.0% share 11.3%	3,470 +17.6% share 12.5%	2,950 +32.3% share 11.6%	2,230 -10.3% share 10.5%	2,486 share 12.1%	—	—	—	—
Gas Technology Services	3,400 +15.6% share 11.8%	3,028 +8.3% share 10.9%	2,797 +7.6% share 10.1%	2,600 +6.6% share 10.2%	2,440 share 11.5%	—	—	—	—	—
Industrial Products	2,124 +6.6% share 7.4%	1,991 -2.4% share 7.2%	2,040 +4.0% share 7.3%	1,962 +15.6% share 7.7%	1,697 +6.2% share 8.0%	1,598 share 7.8%	—	—	—	—
Industrial Solutions	876 -20.4% share 3.0%	1,123 +5.4% share 4.0%	1,065 +8.3% share 3.8%	983 +11.2% share 3.9%	884 +0.5% share 4.2%	880 share 4.3%	—	—	—	—
Climate Technology Solutions	914 +47.2% share 3.2%	647 +6.9% share 2.3%	605 +85.6% share 2.2%	326 +232.7% share 1.3%	98 +127.9% share 0.5%	43 share 0.2%	—	—	—	—

How these figures are calculated

Annual columns are full-year amounts from the annual report (Form 10-K, 20-F, or 40-F). If a company restates a year, the latest filed number is shown. USD in millions. Each group is a separate split of total revenue, so the groups are not added together. Share of revenue is that line divided by total revenue. The first column adds the latest year-to-date segment amount to the last fiscal year and subtracts the year-ago year-to-date amount. More on our methodology.

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)

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Source: SEC EDGAR filings. This is company-reported data, not investment advice.