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% YoY from $5.3 billion in Q2 2025, and up 1.71% on a QoQ basis from $5.1 billion in Q1 2026.
Baker Hughes (BKR) Cost of Revenue (2016 - 2026) Analysis & Trends
Baker Hughes (BKR) has 11 years of Cost of Revenue data on file, last reported at $5.2 billion in Q2 2026.
- Quarterly Cost of Revenue fell 2.27% year-over-year to $5.2 billion in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $21.1 billion (up 0.84% YoY) and the FY2025 annual result came in at $21.1 billion, changed 0.28% from the prior year.
- Cost of Revenue climbed to $5.2 billion in Q2 2026, from $5.1 billion in the prior quarter.
- In the past five years, Cost of Revenue ranged from a high of $9.8 billion in Q4 2023 to a low of $2.4 billion in Q1 2022.
- A 5-year average of $4.9 billion and a median of $5.1 billion in 2026 frame the typical range for Cost of Revenue.
- Annual changes were most pronounced in 2022 — Cost of Revenue jumped 220.9% — and 2024, when it sank 43.07%.
- Tracing BKR's Cost of Revenue over 5 years: stood at $8.6 billion in 2022, then climbed by 13.55% to $9.8 billion in 2023, then slumped by 43.07% to $5.6 billion in 2024, then increased by 0.59% to $5.6 billion in 2025, then slipped by 8.04% to $5.2 billion in 2026.
- The last three Cost of Revenue figures came in at $5.2 billion (Q2 2026), $5.1 billion (Q1 2026), and $5.6 billion (Q4 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 79.95 Bn | 75.87 Bn | 4.63 Bn | 4.34 Bn |
| 2 | Baker Hughes | 62.26 Bn | 46.53 Bn | 1.58 Bn | 5.16 Bn |
| 3 | Tenaris | 53.14 Bn | 44.12 Bn | 984.66 | 1,981.97 |
| 4 | TechnipFMC | 30.70 Bn | 29.46 Bn | 1.40 Bn | 1.36 Bn |
| 5 | Halliburton | 29.75 Bn | 27.71 Bn | 2.10 Bn | 3.61 Bn |
| 6 | Nov | 7.28 Bn | 6.12 Bn | 521.00 Mn | 1.61 Bn |
| 7 | Weatherford International | 6.57 Bn | 5.43 Bn | 662.00 Mn | 443.00 Mn |
| 8 | Kodiak Gas Services | 5.74 Bn | 5.61 Bn | 246.76 Mn | 144.36 Mn |
| 9 | Archrock | 5.62 Bn | 5.62 Bn | 244.51 Mn | 126.73 Mn |
| 10 | Oceaneering International | 5.22 Bn | 4.59 Bn | 156.98 Mn | 611.20 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 5.16 Bn |
| Jun 30, 2026 | 5.16 Bn |
| Mar 31, 2026 | 5.07 Bn |
| Mar 31, 2026 | 5.07 Bn |
| Dec 31, 2025 | 5.61 Bn |
| Dec 31, 2025 | 5.61 Bn |
| Sep 30, 2025 | 5.30 Bn |
| Sep 30, 2025 | 5.30 Bn |
| Jun 30, 2025 | 5.28 Bn |
| Jun 30, 2025 | 5.28 Bn |
| Mar 31, 2025 | 4.93 Bn |
| Mar 31, 2025 | 4.93 Bn |
| Dec 31, 2024 | 5.58 Bn |
| Dec 31, 2024 | 5.58 Bn |
| Sep 30, 2024 | 5.18 Bn |
| Sep 30, 2024 | 5.18 Bn |
| Jun 30, 2024 | 5.47 Bn |
| Jun 30, 2024 | 5.47 Bn |
| Mar 31, 2024 | 4.96 Bn |
| Mar 31, 2024 | 4.96 Bn |