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Baker Hughes Company (BKR) Revenue & Revenue Breakdown

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Baker Hughes Company 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 Company Revenue by Period

Baker Hughes Company Revenue by Year

DateRevenueChange
2025-12-31$27.73B-0.34%
2024-12-31$27.83B9.11%
2023-12-31$25.51B20.56%
2022-12-31$21.16B3.19%
2021-12-31$20.50B-0.98%
2020-12-31$20.70B-13.14%
2019-12-31$23.84B4.20%
2018-12-31$22.88B33.17%
2017-12-31$17.18B29.47%
2016-12-31$13.27B-20.49%
2015-12-31$16.69B-13.04%
2014-12-31$19.19B-

Baker Hughes Company 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 Company Revenue by Quarter

DateRevenueChange
2026-03-31$6.59B-10.82%
2025-12-31$7.39B5.36%
2025-09-30$7.01B1.45%
2025-06-30$6.91B7.52%
2025-03-31$6.43B-12.72%
2024-12-31$7.36B6.60%
2024-09-30$6.91B-3.24%
2024-06-30$7.14B11.23%
2024-03-31$6.42B-6.10%
2023-12-31$6.83B2.92%
2023-09-30$6.64B5.16%
2023-06-30$6.32B10.48%
2023-03-31$5.72B-3.20%
2022-12-31$5.91B9.98%
2022-09-30$5.37B6.38%
2022-06-30$5.05B4.38%
2022-03-31$4.83B-11.85%
2021-12-31$5.49B7.70%
2021-09-30$5.09B-0.95%
2021-06-30$5.14B7.53%
2021-03-31$4.78B-12.98%
2020-12-31$5.50B8.83%
2020-09-30$5.05B6.61%
2020-06-30$4.74B-12.70%
2020-03-31$5.42B-14.53%
2019-12-31$6.35B7.91%
2019-09-30$5.88B-1.87%
2019-06-30$5.99B6.75%
2019-03-31$5.62B-10.36%
2018-12-31$6.26B10.57%
2018-09-30$5.67B2.11%
2018-06-30$5.55B2.76%
2018-03-31$5.40B-6.32%
2017-12-31$5.76B7.22%
2017-09-30$5.38B123.59%
2017-06-30$2.40B-55.26%
2017-03-31$5.37B52.82%
2016-12-31$3.52B100.00%
2016-09-30--

Baker Hughes Company 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 Company Revenue Breakdown

Baker Hughes Company Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 25Dec 24Dec 23Dec 22Dec 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 Company'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/ServiceMar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 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 Company'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 Company Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 25Dec 24Dec 23Dec 22Dec 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 Company's latest annual revenue breakdown by geography, as of Dec 25: Non-US (72.24%), and UNITED STATES (27.76%).

Quarterly Revenue by Country

CountryDec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Sep 18Jun 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 Company's latest quarterly revenue breakdown by geography, as of Dec 22: Non-US (77.46%), and UNITED STATES (22.54%).

Baker Hughes Company Peer Comparison by Revenue

TickerCompanyLast Year RevenueLast Quarter Revenue
EEni S.p.A.$93.72B$22.94B
SUSuncor Energy$49.09B$13.30B
SLBSlb$35.71B$8.72B
OKEONEOK$33.63B$9.62B
BKRBaker Hughes$27.73B$6.59B
HALHalliburton$22.18B$5.40B
LNGCheniere Energy$15.70B$5.87B
TRPTC Energy$15.03B$4.07B
FANGDiamondback Energy$15.03B$3.92B
MPLXMPLX Lp$11.82B$3.04B

BKR Revenue FAQ

What is Baker Hughes Company’s yearly revenue?

Baker Hughes Company's yearly revenue for 2025 was $27.73B, representing a decrease of -0.34% compared to 2024. The company's yearly revenue for 2024 was $27.83B, representing an increase of 9.11% compared to 2023. BKR's yearly revenue for 2023 was $25.51B, representing an increase of 20.56% compared to 2022.

What is Baker Hughes Company’s quarterly revenue?

Baker Hughes Company's quarterly revenue for Q1 2026 was $6.59B, a -10.82% decrease from the previous quarter (Q4 2025), and a 2.49% increase year-over-year (Q1 2025). The company's quarterly revenue for Q4 2025 was $7.39B, a 5.36% increase from the previous quarter (Q3 2025), and a 0.30% increase year-over-year (Q4 2024). BKR's quarterly revenue for Q3 2025 was $7.01B, a 1.45% increase from the previous quarter (Q2 2025), and a 1.48% increase year-over-year (Q3 2024).

What is Baker Hughes Company’s revenue growth rate?

Baker Hughes Company's revenue growth rate for the last 3 years (2023-2025) was 8.73%, and for the last 5 years (2021-2025) was 35.27%.

What are Baker Hughes Company’s revenue streams?

Baker Hughes Company's revenue streams in c 25 are Oilfield Services And Equipment, and Industrial And Energy Technology. Oilfield Services And Equipment generated $14.32B in revenue, accounting 51.65% of the company's total revenue, down -8.34% year-over-year. Industrial And Energy Technology generated $13.41B in revenue, accounting 48.35% of the company's total revenue, up 9.90% year-over-year.

What is Baker Hughes Company’s main source of revenue?

For the fiscal year ending Dec 25, the largest source of revenue of Baker Hughes Company was Oilfield Services And Equipment. This segment made a revenue of $14.32B, representing 51.65% of the company's total revenue.