Baker Hughes Company Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2015 - 2019
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	2015 - 2019
Revenue	27,711	27,829	25,506	21,156	20,502	20,705	Upgrade
Revenue Growth (YoY)	1.50%	9.11%	20.56%	3.19%	-0.98%	-13.14%	Upgrade
Cost of Revenue	21,794	21,916	20,220	16,725	16,453	17,260	Upgrade
Gross Profit	5,917	5,913	5,286	4,431	4,049	3,445	Upgrade
Selling, General & Admin	2,358	2,480	2,629	2,504	2,447	2,405	Upgrade
Other Operating Expenses	41	41	10	-1	124	8	Upgrade
Operating Expenses	2,372	2,521	2,639	2,503	2,571	2,413	Upgrade
Operating Income	3,545	3,392	2,647	1,928	1,478	1,032	Upgrade
Interest Expense	-369	-291	-300	-252	-299	-264	Upgrade
Interest & Investment Income	153	93	84	-	-	-	Upgrade
Other Non Operating Income (Expenses)	42	43	17	-120	237	-23	Upgrade
EBT Excluding Unusual Items	3,371	3,237	2,448	1,556	1,416	745	Upgrade
Merger & Restructuring Charges	-397	-339	-348	-227	-138	-1,949	Upgrade
Impairment of Goodwill	-	-	-	-	-	-14,773	Upgrade
Gain (Loss) on Sale of Investments	167	367	555	-333	-843	1,417	Upgrade
Gain (Loss) on Sale of Assets	-	-	-	-451	-	-353	Upgrade
Asset Writedown	-	-	-	-108	-7	-216	Upgrade
Other Unusual Items	-	-	-	-415	-	-73	Upgrade
Pretax Income	3,141	3,265	2,655	22	428	-15,202	Upgrade
Income Tax Expense	213	257	685	600	758	559	Upgrade
Earnings From Continuing Operations	2,928	3,008	1,970	-578	-330	-15,761	Upgrade
Minority Interest in Earnings	-37	-29	-27	-23	111	5,821	Upgrade
Net Income	2,891	2,979	1,943	-601	-219	-9,940	Upgrade
Net Income to Common	2,891	2,979	1,943	-601	-219	-9,940	Upgrade
Net Income Growth	29.06%	53.32%	-	-	-	-	Upgrade
Shares Outstanding (Basic)	988	994	1,008	987	824	675	Upgrade
Shares Outstanding (Diluted)	996	1,001	1,015	987	824	675	Upgrade
Shares Change (YoY)	-0.80%	-1.38%	2.84%	19.78%	22.07%	21.19%	Upgrade
EPS (Basic)	2.93	3.00	1.93	-0.61	-0.27	-14.73	Upgrade
EPS (Diluted)	2.90	2.98	1.91	-0.61	-0.27	-14.73	Upgrade
EPS Growth	30.28%	56.02%	-	-	-	-	Upgrade
Free Cash Flow	2,089	2,054	1,838	899	1,518	330	Upgrade
Free Cash Flow Per Share	2.10	2.05	1.81	0.91	1.84	0.49	Upgrade
Dividend Per Share	0.900	0.840	0.780	0.730	0.720	0.720	Upgrade
Dividend Growth	8.43%	7.69%	6.85%	1.39%	-	-	Upgrade
Gross Margin	21.35%	21.25%	20.72%	20.94%	19.75%	16.64%	Upgrade
Operating Margin	12.79%	12.19%	10.38%	9.11%	7.21%	4.98%	Upgrade
Profit Margin	10.43%	10.71%	7.62%	-2.84%	-1.07%	-48.01%	Upgrade
Free Cash Flow Margin	7.54%	7.38%	7.21%	4.25%	7.40%	1.59%	Upgrade
EBITDA	4,698	4,528	3,734	2,989	2,583	2,349	Upgrade
EBITDA Margin	16.95%	16.27%	14.64%	14.13%	12.60%	11.34%	Upgrade
D&A For EBITDA	1,153	1,136	1,087	1,061	1,105	1,317	Upgrade
EBIT	3,545	3,392	2,647	1,928	1,478	1,032	Upgrade
EBIT Margin	12.79%	12.19%	10.38%	9.11%	7.21%	4.98%	Upgrade
Effective Tax Rate	6.78%	7.87%	25.80%	2727.27%	177.10%	-	Upgrade
Revenue as Reported	27,711	27,829	25,506	21,156	20,502	20,705	Upgrade

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q