Baker Hughes (BKR) Revenue & Revenue Breakdown
Baker Hughes Revenue Highlights
Latest Revenue (Y)
$27.73B
Latest Revenue (Q)
$6.59B
Main Segment (Y)
Oilfield Services And Equipment
Main Geography (Y)
Non-US
Baker Hughes Revenue by Period
Baker Hughes Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2025-12-31 | $27.73B | -0.34% |
| 2024-12-31 | $27.83B | 9.11% |
| 2023-12-31 | $25.51B | 20.56% |
| 2022-12-31 | $21.16B | 3.19% |
| 2021-12-31 | $20.50B | -0.98% |
| 2020-12-31 | $20.70B | -13.14% |
| 2019-12-31 | $23.84B | 4.20% |
| 2018-12-31 | $22.88B | 33.17% |
| 2017-12-31 | $17.18B | 29.47% |
| 2016-12-31 | $13.27B | -20.49% |
| 2015-12-31 | $16.69B | -13.04% |
| 2014-12-31 | $19.19B | - |
Baker Hughes generated $27.73B in revenue during NA 2025, up -0.34% compared to the previous quarter, and up 133.94% compared to the same period a year ago.
Baker Hughes Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2026-03-31 | $6.59B | -10.82% |
| 2025-12-31 | $7.39B | 5.36% |
| 2025-09-30 | $7.01B | 1.45% |
| 2025-06-30 | $6.91B | 7.52% |
| 2025-03-31 | $6.43B | -12.72% |
| 2024-12-31 | $7.36B | 6.60% |
| 2024-09-30 | $6.91B | -3.24% |
| 2024-06-30 | $7.14B | 11.23% |
| 2024-03-31 | $6.42B | -6.10% |
| 2023-12-31 | $6.83B | 2.92% |
| 2023-09-30 | $6.64B | 5.16% |
| 2023-06-30 | $6.32B | 10.48% |
| 2023-03-31 | $5.72B | -3.20% |
| 2022-12-31 | $5.91B | 9.98% |
| 2022-09-30 | $5.37B | 6.38% |
| 2022-06-30 | $5.05B | 4.38% |
| 2022-03-31 | $4.83B | -11.85% |
| 2021-12-31 | $5.49B | 7.70% |
| 2021-09-30 | $5.09B | -0.95% |
| 2021-06-30 | $5.14B | 7.53% |
| 2021-03-31 | $4.78B | -12.98% |
| 2020-12-31 | $5.50B | 8.83% |
| 2020-09-30 | $5.05B | 6.61% |
| 2020-06-30 | $4.74B | -12.70% |
| 2020-03-31 | $5.42B | -14.53% |
| 2019-12-31 | $6.35B | 7.91% |
| 2019-09-30 | $5.88B | -1.87% |
| 2019-06-30 | $5.99B | 6.75% |
| 2019-03-31 | $5.62B | -10.36% |
| 2018-12-31 | $6.26B | 10.57% |
| 2018-09-30 | $5.67B | 2.11% |
| 2018-06-30 | $5.55B | 2.76% |
| 2018-03-31 | $5.40B | -6.32% |
| 2017-12-31 | $5.76B | 7.22% |
| 2017-09-30 | $5.38B | 123.59% |
| 2017-06-30 | $2.40B | -55.26% |
| 2017-03-31 | $5.37B | 52.82% |
| 2016-12-31 | $3.52B | 100.00% |
| 2016-09-30 | - | - |
Baker Hughes generated $6.59B in revenue during Q1 2026, up -10.82% compared to the previous quarter, and up 89.45% compared to the same period a year ago.
Baker Hughes Revenue Breakdown
Baker Hughes Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 25 | Dec 24 | Dec 23 | Dec 22 | Dec 21 |
|---|---|---|---|---|---|
| Oilfield Services And Equipment | $14.32B | $15.63B | $15.36B | - | - |
| Industrial And Energy Technology | $13.41B | $12.20B | $10.14B | - | - |
| Service | - | - | $9.89B | $8.92B | $8.25B |
| Product | - | - | $15.62B | $12.24B | $12.25B |
Baker Hughes's latest annual revenue breakdown by segment (product or service), as of Dec 25: Oilfield Services And Equipment (51.65%), and Industrial And Energy Technology (48.35%).
Quarterly Revenue by Product
| Product/Service | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Oilfield Services And Equipment | $3.24B | $3.57B | $3.64B | $3.62B | $3.50B | $3.87B | $3.96B | $4.01B | $3.78B | - | - | - | - | - | - | - | - | - | - | - |
| Industrial And Energy Technology | $3.35B | $3.81B | $3.37B | $3.29B | $2.93B | $3.49B | $2.94B | $3.13B | $2.63B | - | - | - | - | - | - | - | - | - | - | - |
| Service | - | - | - | - | - | - | - | - | $2.42B | $2.54B | $2.60B | $2.52B | $2.23B | $2.38B | $2.29B | $2.23B | $2.03B | $2.23B | $2.11B | $2.06B |
| Product | - | - | - | - | - | - | - | - | $4.00B | $4.30B | $4.04B | $3.79B | $3.48B | $3.53B | $3.08B | $2.82B | $2.81B | $3.25B | $2.98B | $3.08B |
Baker Hughes's latest quarterly revenue breakdown by segment (product or service), as of Mar 26: Industrial And Energy Technology (50.86%), and Oilfield Services And Equipment (49.14%).
Baker Hughes Revenue Breakdown by Country
Annual Revenue by Country
| Country | Dec 25 | Dec 24 | Dec 23 | Dec 22 | Dec 21 |
|---|---|---|---|---|---|
| Non-US | $20.03B | $20.45B | $18.95B | $16.21B | $16.00B |
| UNITED STATES | $7.70B | $7.38B | $6.56B | $4.94B | $4.50B |
Baker Hughes's latest annual revenue breakdown by geography, as of Dec 25: Non-US (72.24%), and UNITED STATES (27.76%).
Quarterly Revenue by Country
| Country | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Sep 18 | Jun 18 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| UNITED STATES | $1.33B | $1.29B | $1.22B | $1.10B | $1.16B | $1.20B | $1.08B | $1.05B | $1.31B | $1.03B | $983.00M | $1.31B | $1.57B | $1.50B | $1.62B | $1.50B | $1.68B | $1.56B |
| Non-US | $4.57B | $4.08B | $3.83B | $3.73B | $4.33B | $3.89B | $4.06B | $3.73B | $4.19B | $4.02B | $3.75B | $4.11B | $4.78B | $4.38B | $4.38B | $4.11B | $3.99B | $3.99B |
Baker Hughes's latest quarterly revenue breakdown by geography, as of Dec 22: Non-US (77.46%), and UNITED STATES (22.54%).
Baker Hughes Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| E | Eni S.p.A. | $93.72B | $22.94B |
| SU | Suncor Energy | $49.09B | $13.30B |
| SLB | SLB | $35.71B | $8.93B |
| OKE | ONEOK | $33.63B | $8.63B |
| BKR | Baker Hughes | $27.73B | $6.59B |
| HAL | Halliburton | $22.18B | $5.40B |
| LNG | Cheniere Energy | $15.70B | $4.44B |
| TRP | TC Energy | $15.03B | $4.07B |
| FANG | Diamondback Energy | $15.03B | $3.92B |
| MPLX | MPLX Lp | $11.82B | $3.62B |