# Baker Hughes Company (BKR) FY2025 YTD Q2 P&L / Income Statement

- Company: Baker Hughes Company (BKR)
- Period: 2025-01-01 to 2025-06-30
- Filing: Q2 FY2025 10-Q, filed 2025-07-23, accession number 0001701605-25-000107
- Page: https://plicit.ai/financials/bkr/fy2025-ytd-q2-income-statement
- Chart image: https://plicit.ai/charts/bkr-fy2025-ytd-q2-income-statement-sankey.png

## Chart details: Revenue by Product and Service

Income statement for 2025-01-01 through 2025-06-30. View: Product and service. Revenue and costs use their disclosed categories.

- **Total revenue**: 13,337,000,000 US dollars
- **Cost of revenue (calculated)**: 10,247,000,000 US dollars
- **Gross profit (calculated)**: 3,090,000,000 US dollars
- **Operating expenses (calculated)**: 1,451,000,000 US dollars
- **Operating profit (calculated)**: 1,639,000,000 US dollars
- **Other income (expense), net (calculated)**: negative 111,000,000 US dollars
- **Income before income taxes**: 1,528,000,000 US dollars
- **Provision for income taxes**: 408,000,000 US dollars
- **Net income**: 1,120,000,000 US dollars
- **Sales of goods revenue**: 8,660,000,000 US dollars
- **Sales of services revenue**: 4,677,000,000 US dollars
- **Sales of goods cost of revenue**: 6,932,000,000 US dollars
- **Sales of services cost of revenue**: 3,315,000,000 US dollars
- **Selling, general and administrative**: 1,144,000,000 US dollars
- **Research and development costs**: 307,000,000 US dollars

### Chart connections

- Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
- Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.
- Of which attributable to Baker Hughes Company: $1.10 B; to noncontrolling interests: $17.00 M.

## Chart details: Revenue by Business Segment

- Page: https://plicit.ai/financials/bkr/fy2025-ytd-q2-income-statement/revenue-by-business-segment
- Chart image: https://plicit.ai/charts/bkr-fy2025-ytd-q2-revenue-by-business-segment-sankey.png

Income statement for 2025-01-01 through 2025-06-30. View: Business segment. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Total revenue**: 13,337,000,000 US dollars
- **Cost of revenue (calculated)**: 10,247,000,000 US dollars
- **Gross profit (calculated)**: 3,090,000,000 US dollars
- **Operating expenses (calculated)**: 1,451,000,000 US dollars
- **Operating profit (calculated)**: 1,639,000,000 US dollars
- **Other income (expense), net (calculated)**: negative 111,000,000 US dollars
- **Income before income taxes**: 1,528,000,000 US dollars
- **Provision for income taxes**: 408,000,000 US dollars
- **Net income**: 1,120,000,000 US dollars
- **Oilfield Services & Equipment**: 7,116,000,000 US dollars
- **Industrial & Energy Technology**: 6,221,000,000 US dollars
- **Costs**: 10,247,000,000 US dollars
- **Selling, general and administrative**: 1,144,000,000 US dollars
- **Research and development costs**: 307,000,000 US dollars

### Chart connections

- Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
- Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.
- Of which attributable to Baker Hughes Company: $1.10 B; to noncontrolling interests: $17.00 M.

## Chart details: Revenue by Business Segment by Geography

- Page: https://plicit.ai/financials/bkr/fy2025-ytd-q2-income-statement/revenue-by-business-segment-by-geography
- Chart image: https://plicit.ai/charts/bkr-fy2025-ytd-q2-revenue-by-business-segment-by-geography-sankey.png

Income statement for 2025-01-01 through 2025-06-30. View: Segments by Geographical. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Total revenue**: 13,337,000,000 US dollars
- **Cost of revenue (calculated)**: 10,247,000,000 US dollars
- **Gross profit (calculated)**: 3,090,000,000 US dollars
- **Operating expenses (calculated)**: 1,451,000,000 US dollars
- **Operating profit (calculated)**: 1,639,000,000 US dollars
- **Other income (expense), net (calculated)**: negative 111,000,000 US dollars
- **Income before income taxes**: 1,528,000,000 US dollars
- **Provision for income taxes**: 408,000,000 US dollars
- **Net income**: 1,120,000,000 US dollars
- **Industrial & Energy Technology**: 6,221,000,000 US dollars
- **Oilfield Services & Equipment - Europe/CIS/Sub-Saharan Africa**: 1,232,000,000 US dollars
- **Oilfield Services & Equipment - Middle East/Asia**: 2,827,000,000 US dollars
- **Oilfield Services & Equipment - Latin America**: 1,207,000,000 US dollars
- **Oilfield Services & Equipment - North America**: 1,849,000,000 US dollars
- **Undisclosed (calculated)**: 1,000,000 US dollars
- **Costs**: 10,247,000,000 US dollars
- **Selling, general and administrative**: 1,144,000,000 US dollars
- **Research and development costs**: 307,000,000 US dollars

### Chart connections

- Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
- Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.
- Of which attributable to Baker Hughes Company: $1.10 B; to noncontrolling interests: $17.00 M.

## Chart details: Revenue by Business Segment by Product and Service

- Page: https://plicit.ai/financials/bkr/fy2025-ytd-q2-income-statement/revenue-by-business-segment-by-product-and-service
- Chart image: https://plicit.ai/charts/bkr-fy2025-ytd-q2-revenue-by-business-segment-by-product-and-service-sankey.png

Income statement for 2025-01-01 through 2025-06-30. View: Segments by Product and Service. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Total revenue**: 13,337,000,000 US dollars
- **Cost of revenue (calculated)**: 10,247,000,000 US dollars
- **Gross profit (calculated)**: 3,090,000,000 US dollars
- **Operating expenses (calculated)**: 1,451,000,000 US dollars
- **Operating profit (calculated)**: 1,639,000,000 US dollars
- **Other income (expense), net (calculated)**: negative 111,000,000 US dollars
- **Income before income taxes**: 1,528,000,000 US dollars
- **Provision for income taxes**: 408,000,000 US dollars
- **Net income**: 1,120,000,000 US dollars
- **Industrial & Energy Technology - Climate Technology Solutions**: 334,000,000 US dollars
- **Industrial & Energy Technology - Gas Technology Equipment**: 3,080,000,000 US dollars
- **Industrial & Energy Technology - Total Gas Technology**: 4,424,000,000 US dollars
- **Industrial & Energy Technology - Gas Technology Services**: 1,344,000,000 US dollars
- **Industrial & Energy Technology - Industrial Products**: 933,000,000 US dollars
- **Industrial & Energy Technology - Industrial Solutions**: 531,000,000 US dollars
- **Industrial & Energy Technology - Total Industrial Technology**: 1,464,000,000 US dollars
- **Oilfield Services & Equipment - Completions, Intervention, and Measurements**: 1,861,000,000 US dollars
- **Oilfield Services & Equipment - Production Solutions**: 1,867,000,000 US dollars
- **Oilfield Services & Equipment - Subsea & Surface Pressure Systems**: 1,576,000,000 US dollars
- **Oilfield Services & Equipment - Well Construction**: 1,812,000,000 US dollars
- **Costs**: 10,247,000,000 US dollars
- **Selling, general and administrative**: 1,144,000,000 US dollars
- **Research and development costs**: 307,000,000 US dollars
- **Revenue before reconciliation (calculated)**: 19,226,000,000 US dollars. Sum of the reported revenue categories before the separately reported reconciliation.
- **Components above reported revenue (calculated)**: negative 5,889,000,000 US dollars. The disclosed components add up to more than reported revenue; this is the difference, calculated, not a reported item.

### Chart connections

- Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
- Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.
- Reported revenue categories plus the separately reported signed reconciliation equals consolidated revenue.
- Of which attributable to Baker Hughes Company: $1.10 B; to noncontrolling interests: $17.00 M.