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

Baker Hughes' Cost of Revenue history runs 11 years deep, the most recent figure standing at $5.1 billion for Q1 2026.

• Quarterly Cost of Revenue rose 52.39% year-over-year to $5.1 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $9.1 billion (down 15.84% YoY) and the FY2025 annual result came in at $6.8 billion, down 22.17% from the prior year.
• Cost of Revenue was $5.1 billion for Q1 2026 at Baker Hughes, up from -$99.0 million in the prior quarter.
• Across five years, Cost of Revenue topped out at $9.8 billion in Q4 2023 and bottomed at -$99.0 million in Q4 2025.
• A 5-year average of $3.0 billion and a median of $2.5 billion in 2022 frame the typical range for Cost of Revenue.
• Annual changes were most pronounced in 2022 — Cost of Revenue soared 114.17% — and 2025, when it tumbled 103.97%.
• Baker Hughes' Cost of Revenue stood at $5.8 billion in 2022, then surged by 70.13% to $9.8 billion in 2023, then sank by 74.54% to $2.5 billion in 2024, then tumbled by 103.97% to -$99.0 million in 2025, then jumped by 5224.24% to $5.1 billion in 2026.
• Business Quant data shows BKR's Cost of Revenue at $5.1 billion in Q1 2026, -$99.0 million in Q4 2025, and $2.4 billion in Q3 2025.