Baker Hughes Company (BKR) FY2025 YTD Q2 P&L / Income Statement
2025-01-01 to 2025-06-30
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 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.

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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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