Baker Hughes BKR
NASDAQ BKR
$63.65 -0.27 (-0.43%)
As of: Sep 9, 2026 · 3:59 PM EDT

Baker Hughes (BKR) Cost of Revenue (2016 - 2026)

Baker Hughes' (BKR) quarterly Cost of Revenue came in at $5.2 billion in Q2 2026, down 2.27% on a YoY basis from $5.3 billion in Q2 2025, and up 1.71% quarter-over-quarter from $5.1 billion in Q1 2026.

Analysis

Baker Hughes (BKR) Cost of Revenue (2016 - 2026) Analysis & Trends

Baker Hughes (BKR) has reported Cost of Revenue for 11 consecutive years, with $5.2 billion the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Cost of Revenue fell 2.27% year-over-year to $5.2 billion; the trailing twelve-month figure through Jun 2026 stood at $21.1 billion (up 0.84% YoY), and the FY2025 full-year result was $21.1 billion, changed 0.28% from the prior year.
  • Cost of Revenue grew to $5.2 billion in Q2 2026 per BKR's latest filing, from $5.1 billion in the prior quarter.
  • Across five years, Cost of Revenue topped out at $9.8 billion in Q4 2023 and bottomed at $2.4 billion in Q1 2022.
  • Historically, Cost of Revenue has averaged $4.9 billion across 5 years, with a median of $5.1 billion in 2026.
  • The sharpest annual moves came in 2022 and 2024: Cost of Revenue surged 220.9% in 2022, then slumped 43.07% in 2024.
  • Over 5 years, Cost of Revenue stood at $8.6 billion in 2022, then increased by 13.55% to $9.8 billion in 2023, then plunged by 43.07% to $5.6 billion in 2024, then gained by 0.59% to $5.6 billion in 2025, then declined by 8.04% to $5.2 billion in 2026.
  • According to Business Quant data, Cost of Revenue over the past three periods registered $5.2 billion, $5.1 billion, and $5.6 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Slb 85.07 Bn 81.00 Bn 4.63 Bn 4.34 Bn
2 Baker Hughes 63.03 Bn 47.30 Bn 1.58 Bn 5.16 Bn
3 Halliburton 31.08 Bn 29.03 Bn 2.10 Bn 3.61 Bn
4 Weatherford International 6.68 Bn 5.54 Bn 662.00 Mn 443.00 Mn
5 Kodiak Gas Services 6.11 Bn 5.98 Bn 246.76 Mn 144.36 Mn
6 Tidewater 4.62 Bn 4.01 Bn 161.54 Mn 180.75 Mn
7 USA Compression Partners 4.01 Bn 4.00 Bn 217.36 Mn 124.79 Mn
8 Liberty Energy 3.59 Bn 3.04 Bn 208.34 Mn 980.26 Mn
9 National Energy Services Reunited 3.50 Bn 3.31 Bn 81.29 Mn 439.46 Mn
10 Select Water Solutions 2.78 Bn 2.74 Bn 76.84 Mn 318.97 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 5.16 Bn
Mar 31, 2026 5.07 Bn
Dec 31, 2025 5.61 Bn
Sep 30, 2025 5.30 Bn
Jun 30, 2025 5.28 Bn
Mar 31, 2025 4.93 Bn
Dec 31, 2024 5.58 Bn
Sep 30, 2024 5.18 Bn
Jun 30, 2024 5.47 Bn
Mar 31, 2024 4.96 Bn
Dec 31, 2023 9.80 Bn
Sep 30, 2023 3.47 Bn
Jun 30, 2023 3.26 Bn
Mar 31, 2023 2.98 Bn
Dec 31, 2022 8.63 Bn
Sep 30, 2022 2.64 Bn
Jun 30, 2022 2.50 Bn
Mar 31, 2022 2.37 Bn
Dec 31, 2021 2.69 Bn
Sep 30, 2021 2.56 Bn