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Baker Hughes income statement

In fiscal 2025, Baker Hughes reported revenue of $27.73bn, down 0.3% on the year before and net income of $2.59bn. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.

Income statement

US$ billions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year2015Dec 20152016Dec 20162017Dec 20172018Dec 20182019Dec 20192020Dec 20202021Dec 20212022Dec 20222023Dec 20232024Dec 20242025Dec 2025LTMSept 2026
Revenue16.713.117.222.923.820.720.521.225.527.827.728.7
Gross profit—3.13.04.04.4———————
Research and development0.40.40.50.70.70.60.50.60.70.60.60.6
Selling, general and administrative2.11.92.52.72.82.42.52.52.62.52.42.5
Operating income−0.10.5−0.30.71.1−16.01.31.22.33.1——
Net interest income−0.1−0.1−0.1−0.2−0.2−0.3−0.3−0.3−0.2−0.2−0.2−0.4
Income before tax−0.20.4−0.30.50.8−15.20.40.02.73.32.93.2
Income tax0.50.20.00.30.50.60.80.60.70.30.30.3
Net income0.00.0−0.10.20.1−9.9−0.2−0.61.93.02.62.9
Diluted EPS——−$0.24$0.45$0.23−$14.73−$0.27−$0.61$1.91$2.98——
EBITDA0.41.00.82.22.5−14.72.42.23.44.2——

EBITDA is operating income plus depreciation and amortisation. EPS and share counts are restated for stock splits. A dash means the company did not report the line for that period; expense lines are shown as reported, so they need not add up to the totals when a company reports other items between them.

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Figures from Baker Hughes's SEC filings (10-K and 10-Q), retrieved October 29, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Baker Hughes.