Baker Hughes Company (BKR) Financial Statements
Baker Hughes financial statements at a glance
Baker Hughes reported revenue of $27.73 billion for fiscal year 2025 (ended December 31, 2025), down 0.3% from fiscal year 2024. Net income was $2.59 billion, a net margin of 9.3%.
At the end of fiscal year 2025 it had total assets of $40.88 billion, total liabilities of $22.05 billion and shareholders' equity of $18.83 billion, with total debt of $6.09 billion.
Its operations brought in $3.81 billion of cash.
The tables below show the income statement, balance sheet and cash flow statement; the key figures of the last 5 fiscal years are at the bottom of the page.
Figures from company filings, in USD; latest fiscal year ended December 31, 2025.
Baker Hughes Company
Income Statement
Annual • USD
Baker Hughes key figures by fiscal year
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Revenue | $27.7B | $27.8B | $25.5B | $21.2B | $20.5B |
| Gross profit | $6.6B | $5.9B | $5.3B | $4.4B | $4.0B |
| Operating income | $3.2B | $3.1B | $2.3B | $734.0M | $1.6B |
| Net income | $2.6B | $3.0B | $1.9B | -$601.0M | -$219.0M |
| Diluted EPS | – | – | – | – | -$0.27 |
| Total assets | $40.9B | $38.4B | $36.9B | $34.2B | $35.3B |
| Total liabilities | $22.0B | $21.5B | $21.6B | $19.8B | $18.6B |
| Shareholders' equity | $18.8B | $16.9B | $15.4B | $14.4B | $14.8B |
| Cash | – | – | – | – | $3.9B |
| Total debt | $6.1B | $6.0B | $6.0B | $6.7B | $6.7B |
| Operating cash flow | $3.8B | $3.3B | $3.1B | $1.9B | $2.4B |
| Capital spending | – | – | – | – | $856.0M |
| Free cash flow | – | – | – | – | $1.5B |
In USD. Fiscal years as reported by the company; statements on this page go back to fiscal year 2020.
Questions and answers
What was Baker Hughes's revenue in fiscal year 2025?
$27.73 billion, down 0.3% from $27.83 billion in fiscal year 2024.
How much profit does Baker Hughes make?
Baker Hughes reported net income of $2.59 billion for fiscal year 2025 (9.3% of revenue); operating income was $3.24 billion.
How much cash and debt does Baker Hughes have?
At the end of fiscal year 2025: total debt of $6.09 billion.
