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

Baker Hughes has reported Cost of Revenue for 11 years, with the latest figure at $5.1 billion in Q1 2026.

• For the quarter ending Q1 2026, Cost of Revenue rose 52.39% year-over-year to $5.1 billion; the trailing twelve-month figure through Mar 2026 stood at $13.2 billion (down 19.45% YoY), and the FY2025 full-year result was $9.6 billion, down 54.72% from the prior year.
• Cost of Revenue for Q1 2026 stood at $5.1 billion, up from $979.0 million in the prior quarter.
• The five-year high for Cost of Revenue was $7.1 billion in Q4 2023, with the low at $979.0 million in Q4 2025.
• Historically, Cost of Revenue has averaged $3.2 billion across 5 years, with a median of $2.6 billion in 2022.
• Annual changes were most pronounced in 2023 — Cost of Revenue jumped 338.09% — and 2025, when it plunged 82.45%.
• Baker Hughes' Cost of Revenue stood at $1.6 billion in 2022, then jumped by 338.09% to $7.1 billion in 2023, then declined by 21.65% to $5.6 billion in 2024, then sank by 82.45% to $979.0 million in 2025, then surged by 418.18% to $5.1 billion in 2026.
• The last three Cost of Revenue figures came in at $5.1 billion (Q1 2026), $979.0 million (Q4 2025), and $3.6 billion (Q3 2025), per Business Quant data.