Energy · Oil & Gas Equipment & Services
Baker Hughes: revenue, profit and cash flow
In fiscal 2025, Baker Hughes had revenue of $27.7B, up 5.2% a year on average since 2015, and net income of $2.59B (9.3% of revenue).
Revenue, fiscal 2025
average annual revenue growth since 2015 · −0.3% vs 2024
- Ticker
- BKR · Nasdaq
- Sector
- Energy
- Sub-industry
- Oil & Gas Equipment & Services
- Headquarters
- Houston, Texas
- Founded
- 2017
- In the S&P 500 since
- July 7, 2017
- Latest fiscal year
- 2025, ended December 31, 2025
- SEC filer
- Baker Hughes Co · CIK 0001701605
Revenue and net income
Revenue went from $16.7B in 2015 to $27.7B in 2025. Net loss in 2017, 2020–2022.
Diluted earnings per share
Diluted EPS went from −$0.24 in 2017 to $2.98 in 2024.
Shares outstanding
From 1.01B in 2022 to 988M in 2025.
Operating cash flow, capex and free cash flow
Free cash flow (operating cash flow minus capital expenditure) was $2.54B in 2025, 9.1% of revenue. Negative in 2016–2017.
The chart data could not be loaded. The table below has the same figures.
Year by year
| Fiscal year | Revenue | Net income | Net margin | Diluted EPS | Shares | Operating cash flow | Capex | Free cash flow |
|---|---|---|---|---|---|---|---|---|
| 2025 | $27.7B | $2.59B | 9.3% | — | 988M | $3.81B | $1.27B | $2.54B |
| 2024 | $27.8B | $2.98B | 10.7% | $2.98 | 990M | $3.33B | $1.28B | $2.05B |
| 2023 | $25.5B | $1.94B | 7.6% | $1.91 | 1.0B | $3.06B | $1.22B | $1.84B |
| 2022 | $21.2B | −$601M | −2.8% | −$0.61 | 1.01B | $1.89B | $989M | $899M |
| 2021 | $20.5B | −$219M | −1.1% | −$0.27 | — | $2.37B | $856M | $1.52B |
| 2020 | $20.7B | −$9.94B | −48.0% | −$14.73 | — | $1.3B | $974M | $330M |
| 2019 | $23.8B | $128M | 0.5% | $0.23 | — | $2.13B | $1.24B | $886M |
| 2018 | $22.9B | $195M | 0.9% | $0.45 | — | $1.76B | $995M | $767M |
| 2017 | $17.2B | −$103M | −0.6% | −$0.24 | — | −$799M | $665M | −$1.46B |
| 2016 | $13.1B | — | — | — | — | $262M | $424M | −$162M |
| 2015 | $16.7B | — | — | — | — | $1.28B | $607M | $670M |
Fiscal years, labelled by the year in which they end. US dollars; per-share figures and share counts adjusted for splits. —: not in the data.
About these figures
- Share counts are the shares outstanding on the cover of each annual report: the diluted average is not in the data for enough years.
- Diluted EPS: no figures after 2024 in the data.
- No dividends per share in the filings data. Usually that means no dividend, but some companies report theirs in a form the data do not capture.
- Older years are as filed at the time and may predate later restatements, mergers or spin-offs. How the figures are made.
Other Oil & Gas Equipment & Services companies
Source: SEC EDGAR (company filings), data as of November 8, 2026. Sectors, sub-industries, headquarters and index dates: Wikipedia, CC BY-SA 4.0.