# Baker Hughes Co: overview

BKR · Nasdaq · CIK 1701605 · [Industrials](/sectors/industrials.md) · fiscal year ends Dec 31

Pages: [Overview](/companies/bkr.md) · [Financials](/companies/bkr/financials.md) · [Filings](/companies/bkr/filings.md) · [Insiders](/companies/bkr/insiders.md)

Latest reported revenue: [$6.74bn](/filings/0001701605-26-000023.md) for Q2 FY2026, three months to 2026-06-30, from the 10-Q filed Jul 27, 2026 (XBRL us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax, accession 0001701605-26-000023).

## Last eight quarters

| Line item | Unit | Q3 FY2024 (2024-09-30) | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [6,908](/filings/0001701605-25-000117.md) | [7,364 d](/filings/0001701605-26-000007.md) | [6,427](/filings/0001701605-26-000014.md) | [6,910](/filings/0001701605-26-000023.md) | [7,010](/filings/0001701605-25-000117.md) | [7,386 d](/filings/0001701605-26-000007.md) | [6,587](/filings/0001701605-26-000014.md) | [6,742](/filings/0001701605-26-000023.md) |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | [13.5%](/filings/0001701605-24-000131.md) | [9.0% d](/filings/0001701605-25-000035.md) | not reported | not reported | not reported | not reported | not reported | not reported |
| Net margin | % | [11.1%](/filings/0001701605-25-000117.md) | [16.0% d](/filings/0001701605-26-000007.md) | [6.3%](/filings/0001701605-26-000014.md) | [10.1%](/filings/0001701605-26-000023.md) | [8.7%](/filings/0001701605-25-000117.md) | [11.9% d](/filings/0001701605-26-000007.md) | [14.1%](/filings/0001701605-26-000014.md) | [10.1%](/filings/0001701605-26-000023.md) |
| Diluted EPS | $ per share | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Free cash flow | $m | [710 d](/filings/0001701605-25-000117.md) | [837 d](/filings/0001701605-26-000007.md) | [409](/filings/0001701605-26-000014.md) | [209 d](/filings/0001701605-26-000023.md) | [634 d](/filings/0001701605-25-000117.md) | [1,285 d](/filings/0001701605-26-000007.md) | [164](/filings/0001701605-26-000014.md) | [1,045 d](/filings/0001701605-26-000023.md) |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Diluted EPS. XBRL not reported.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquireProductiveAssets. Derived values: 9-month figure less the 6-month figure; 12-month figure less the 9-month figure; 6-month figure less the 3-month figure.

## Last five fiscal years

| Line item | Unit | FY2021 (2021-12-31) | FY2022 (2022-12-31) | FY2023 (2023-12-31) | FY2024 (2024-12-31) | FY2025 (2025-12-31) |
| --- | --- | ---: | ---: | ---: | ---: | ---: |
| Revenue | $bn | [20.5](/filings/0001701605-24-000033.md) | [21.2](/filings/0001701605-25-000035.md) | [25.5](/filings/0001701605-26-000007.md) | [27.8](/filings/0001701605-26-000007.md) | [27.7](/filings/0001701605-26-000007.md) |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | [6.4%](/filings/0001701605-24-000033.md) | [5.6%](/filings/0001701605-25-000035.md) | [9.1%](/filings/0001701605-25-000035.md) | [11.1%](/filings/0001701605-25-000035.md) | not reported |
| Net margin | % | [(1.1%)](/filings/0001701605-24-000033.md) | [(2.8%)](/filings/0001701605-25-000035.md) | [7.6%](/filings/0001701605-26-000007.md) | [10.7%](/filings/0001701605-26-000007.md) | [9.3%](/filings/0001701605-26-000007.md) |
| Diluted EPS | $ per share | [(0.27)](/filings/0001701605-24-000033.md) | [(0.61)](/filings/0001701605-25-000035.md) | [1.91](/filings/0001701605-25-000035.md) | [2.98](/filings/0001701605-25-000035.md) | not reported |
| Free cash flow | $bn | [1.5](/filings/0001701605-24-000033.md) | [0.9](/filings/0001701605-25-000035.md) | [1.8](/filings/0001701605-26-000007.md) | [2.1](/filings/0001701605-26-000007.md) | [2.5](/filings/0001701605-26-000007.md) |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquireProductiveAssets.

Each value links to the filing it came from. d marks a derived value. A ratio is not reported when any input is missing.

## Insider purchases and sales

The last 20 open-market transactions on Form 4 (codes P and S). Reported price is as stated on the form, not a market price. [All insider transactions](/companies/bkr/insiders.md)

| Date | Insider | Role | Transaction | Shares | Reported price | Value | Filing |
| --- | --- | --- | --- | ---: | ---: | ---: | --- |
| 2022-05-06 | [General Electric Co](/insiders/40545.md) | 10% owner | Sale (S) | 72,025,826 | $34.45 | $2.48bn | [Form 4](/filings/0000947871-22-000523.md) |
| 2022-02-04 | [General Electric Co](/insiders/40545.md) | 10% owner | Sale (S) | 50,097,840 | $25.98 | $1.30bn | [Form 4](/filings/0000947871-22-000145.md) |
| 2021-11-03 | [General Electric Co](/insiders/40545.md) | 10% owner | Sale (S) | 47,380,978 | $25.00 | $1.18bn | [Form 4](/filings/0000947871-21-001139.md) |
| 2021-08-03 | [General Electric Co](/insiders/40545.md) | Director, 10% owner | Sale (S) | 53,720,040 | $23.36 | $1.25bn | [Form 4](/filings/0000947871-21-000869.md) |
| 2021-04-29 | [General Electric Co](/insiders/40545.md) | Director, 10% owner | Sale (S) | 43,685,723 | $22.23 | $971.1m | [Form 4](/filings/0000947871-21-000471.md) |
| 2021-01-22 | [General Electric Co](/insiders/40545.md) | Director, 10% owner | Sale (S) | 38,007,041 | $19.34 | $735.1m | [Form 4](/filings/0000947871-21-000093.md) |
| 2020-10-22 | [General Electric Co](/insiders/40545.md) | Director, 10% owner | Sale (S) | 27,988,183 | $14.91 | $417.3m | [Form 4](/filings/0000947871-20-000809.md) |
| 2019-09-16 | [General Electric Co](/insiders/40545.md) | Director, 10% owner | Sale (S) | 108,880,222 | $21.07 | $2.29bn | [Form 4](/filings/0000947871-19-000680.md) |
| 2019-09-16 | [General Electric Co](/insiders/40545.md) | Director, 10% owner | Sale (S) | 23,369,778 | $21.07 | $492.4m | [Form 4](/filings/0000947871-19-000680.md) |
| 2018-11-19 | [General Electric Co](/insiders/40545.md) | Director, 10% owner | Sale (S) | 9,200,000 | $22.3025 | $205.2m | [Form 4](/filings/0000947871-18-000913.md) |
| 2018-11-16 | [General Electric Co](/insiders/40545.md) | Director, 10% owner | Sale (S) | 92,000,000 | $22.4825 | $2.07bn | [Form 4](/filings/0000947871-18-000913.md) |

## Funds that report holding it

From each manager’s latest Form 13F, largest reported value first. Reported value is as filed: filing data, not a price. [All funds](/funds.md)

| Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | --- | --- |
| [BlackRock, Inc.](/funds/2012383.md) | 2026-06-30 | $5.50bn | 99,116,387 |  | Added +1,585,658 |
| [JPMORGAN CHASE & CO](/funds/19617.md) | 2026-06-30 | $3.94bn | 69,935,638 |  | Added +11,739,071 |
| [VANGUARD CAPITAL MANAGEMENT LLC](/funds/2100119.md) | 2026-06-30 | $3.60bn | 64,829,367 |  | Added +602,575 |
| [STATE STREET CORP](/funds/93751.md) | 2026-06-30 | $3.58bn | 64,578,131 |  | Reduced −374,399 |
| [VANGUARD PORTFOLIO MANAGEMENT LLC](/funds/2100121.md) | 2026-06-30 | $2.72bn | 49,046,664 |  | Added +262,733 |
| [Capital World Investors](/funds/1422849.md) | 2026-06-30 | $2.64bn | 47,479,630 |  | Reduced −953,622 |
| [Invesco Ltd.](/funds/914208.md) | 2026-06-30 | $1.96bn | 35,339,082 |  | Added +20,656,854 |
| [Dodge & Cox](/funds/200217.md) | 2026-06-30 | $1.93bn | 34,854,482 |  | Reduced −1,017,076 |
| [GEODE CAPITAL MANAGEMENT, LLC](/funds/1214717.md) | 2026-06-30 | $1.51bn | 27,333,786 |  | Added +486,775 |
| [Capital Research Global Investors](/funds/1422848.md) | 2026-06-30 | $1.22bn | 22,032,387 |  | Added +68,775 |

## Recent filings

[All 902 filings](/companies/bkr/filings.md)

| Filed | Accepted | Form | What it is | Accession |
| --- | --- | --- | --- | --- |
| 2026-10-27 | 17:05 ET | [8-K](/filings/0001701605-26-000033.md) | 2.02 Results of operations; 7.01 Regulation FD disclosure | 0001701605-26-000033 |
| 2026-10-01 | 16:11 ET | [8-K/A](/filings/0001701605-26-000029.md) | 9.01 Financial statements and exhibits | 0001701605-26-000029 |
| 2026-09-09 | 06:01 ET | [8-K](/filings/0001193125-26-385823.md) | 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001193125-26-385823 |
| 2026-07-27 | 16:12 ET | [10-Q](/filings/0001701605-26-000023.md) | Quarterly report, period 2026-06-30 | 0001701605-26-000023 |
| 2026-07-27 | 06:07 ET | [8-K](/filings/0001701605-26-000021.md) | 2.02 Results of operations; 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001701605-26-000021 |
| 2026-07-16 | 08:54 ET | [8-K](/filings/0001193125-26-305477.md) | 1.01 Entry into a material agreement; 1.02 Termination of a material agreement; 2.01 Completion of an acquisition or disposition; 2.03 New direct financial obligation; 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001193125-26-305477 |
| 2026-06-22 | 06:02 ET | [8-K](/filings/0001193125-26-276600.md) | 8.01 Other events | 0001193125-26-276600 |
| 2026-05-21 | 16:01 ET | [8-K](/filings/0001193125-26-234383.md) | 8.01 Other events | 0001193125-26-234383 |
| 2026-05-19 | 17:05 ET | [8-K](/filings/0001193125-26-231070.md) | 5.02 Departure or appointment of officers or directors; 5.07 Shareholder vote results; 9.01 Financial statements and exhibits | 0001193125-26-231070 |
| 2026-04-24 | 16:16 ET | [10-Q](/filings/0001701605-26-000014.md) | Quarterly report, period 2026-03-31 | 0001701605-26-000014 |

## Latest annual report

[Form 10-K for the fiscal year ended Dec 31, 2025](/filings/0001701605-26-000007.md), filed Feb 5, 2026.

## Forecast league

Q3 FY2026, the quarter ended 2026-09-30, locked when the 8-K was accepted. It is scored when the 10-Q or 10-K is ingested. [See the target](/leagues/2026q3/targets/346df2f1-b6c3-47a2-a5fc-9f5c78eb5527)

## About the filer

- CIK: 1701605
- Tickers: BKR
- Exchange: Nasdaq
- SIC code: 3533 Oil & Gas Field Machinery & Equipment
- State of incorporation: DE
- Filer category: Large accelerated filer

Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 27, 2026, 17:06 ET. No prices; not investment advice.