Baker Hughes's revenue was $27.73bn in fiscal 2025, down 0.3% on the year before. Since fiscal 2015 ($16.69bn) it has grown at a compound 5.2% a year. Over the last twelve months it was $28.74bn.
Revenue history
US$ billions unless shown otherwise.
Fiscal years, plus the last twelve months (LTM) when newer.
Revenue as reported in the company's 10-K and 10-Q filings (for banks, net interest income plus non-interest income). Growth is left blank when the earlier figure was zero or negative.
Where the revenue comes from
Fiscal year to December 31, 2025
Oilfield Services and Equipment$14.3B
Industrial and Energy Technology$13.4B
Segments
Line of business
Revenue
Share
YoY
Oilfield Services and Equipment
$14.3B
51.6%
▼ 8.3%
Industrial and Energy Technology
$13.4B
48.4%
▲ 9.9%
Products$18.2B
Services$9.5B
Products and services
Line of business
Revenue
Share
YoY
Products
$18.2B
65.7%
▲ 2.3%
Services
$9.5B
34.3%
▼ 5.0%
Outside the US$20B
United States$7.7B
Geography
Region
Revenue
Share
YoY
Outside the US
$20B
72.2%
▼ 2.0%
United States
$7.7B
27.8%
▲ 4.3%
From Baker Hughes's 10-K filed February 5, 2026, as tagged in the filing.
View filing. Indented rows are part of the
line above; their share is of that line. In the bars, the
faint bar behind is the year before.
Revenue against peers
Oil & Gas Equipment & Services: the closest covered companies by revenue. Last twelve months.
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.
