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

Revenue by Business Segment by Product and Service

2025-01-01 to 2025-06-30

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Baker Hughes Company (BKR) FY2025 YTD Q2 P&L / Income StatementIncome 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.SOURCESREVENUE RECONCILIATIONREVENUEGROSSOPERATINGPRE-TAXNETIndustrial & Energy Technology - Total Gas TechnologyIndustrial & Energy Technology - Gas Technology EquipmentOilfield Services & Equipment - Production SolutionsOilfield Services & Equipment - Completions, Intervention, and MeasurementsOilfield Services & Equipment - Well ConstructionOilfield Services & Equipment - Subsea & Surface Pressure SystemsIndustrial & Energy Technology - Total Industrial TechnologyIndustrial & Energy Technology - Gas Technology ServicesIndustrial & Energy Technology - Industrial ProductsIndustrial & Energy Technology - Industrial SolutionsIndustrial & Energy Technology - Climate Technology SolutionsTotal revenueRevenue before reconciliation (calculated)Components above reported revenue (calculated)Gross profit (calculated)Cost of revenue (calculated)CostsOperating profit (calculated)Operating expenses (calculated)Selling, general and administrativeResearch and development costsIncome before income taxesOther income (expense), net (calculated)Net incomeProvision for income taxesRevenue before reconciliation (calculated)Revenue beforereconciliation(calculated)$19.23 BGross profit (calculated)Gross profit(calculated)$3.09 BOperating profit (calculated)Operating profit(calculated)$1.64 BTotal revenueTotal revenue$13.34 BIncome before income taxesPretax income$1.53 BNet incomeNet income$1.12 BIndustrial & Energy Technology - Total Gas TechnologyIndustrial & EnergyTechnology - TotalGas Technology$4.42 BOperating expenses (calculated)Operating expenses(calculated)$1.45 BCost of revenue (calculated)Cost of revenue(calculated)$10.25 BProvision for income taxesProvision forincome taxes$408.00 MIndustrial & Energy Technology - Gas Technology EquipmentIndustrial & EnergyTechnology - GasTechnology Equipment$3.08 BSelling, general and administrativeSelling, general and administrative$1.14 BOther income (expense), net (calculated)Other income,net (calculated)−$111.00 MResearch and development costsResearch and development costs$307.00 MOilfield Services & Equipment - Production SolutionsOilfield Services& Equipment -Production Solutions$1.87 BCostsCosts$10.25 BOilfield Services & Equipment - Completions, Intervention, and MeasurementsOilfield Services& Equipment -Completions…$1.86 BOilfield Services & Equipment - Well ConstructionOilfield Services& Equipment -Well Construction$1.81 BComponents above reported revenue (calculated)Components abovereported revenue(calculated)−$5.89 BOilfield Services & Equipment - Subsea & Surface Pressure SystemsOilfield Services &Equipment - Subsea…$1.58 BIndustrial & Energy Technology - Total Industrial TechnologyIndustrial & EnergyTechnology - TotalIndustrial Technology$1.46 BIndustrial & Energy Technology - Gas Technology ServicesIndustrial & EnergyTechnology - GasTechnology Services$1.34 BIndustrial & Energy Technology - Industrial ProductsIndustrial & EnergyTechnology -Industrial Products$933.00 MIndustrial & Energy Technology - Industrial SolutionsIndustrial & EnergyTechnology -Industrial Solutions$531.00 MIndustrial & Energy Technology - Climate Technology SolutionsIndustrial & EnergyTechnology - ClimateTechnology Solutions$334.00 M
Chart details

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

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.

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  • 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.
Baker Hughes Company (BKR) FY2025 YTD Q2 Revenue by Business Segment by Product and Service Sankey chart
Free to share unchanged, with credit to Plicit.ai · CC BY-NC-ND 4.0Download PNG

Gross margin

23.2%

Gross profit / revenue

Operating margin

12.3%

Operating profit / revenue

Cash conversion

108.8%

Operating cash / net income, same period

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