KPIs & Operating Metrics(New)
Growth Metrics

Baker Hughes (BKR) Gross Margin (2016 - 2026)

Baker Hughes filings provide 11 years of Gross Margin readings, the most recent being 22.98% for Q1 2026.

  • On a quarterly basis, Gross Margin fell 2522.0% to 22.98% in Q1 2026 year-over-year; TTM through Mar 2026 was 52.51%, a 1159.0% increase, with the full-year FY2025 number at 65.41%, up 4154.0% from a year prior.
  • Gross Margin hit 22.98% in Q1 2026 for Baker Hughes, down from 86.75% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 86.75% in Q4 2025 to a low of 4.16% in Q4 2023.
  • Median Gross Margin over the past 5 years was 50.85% (2022), compared with a mean of 50.74%.
  • Biggest five-year swings in Gross Margin: soared 8285bps in 2022 and later plummeted -7664bps in 2023.
  • Baker Hughes' Gross Margin stood at 72.48% in 2022, then crashed by -106bps to 4.16% in 2023, then soared by 684bps to 24.25% in 2024, then skyrocketed by 258bps to 86.75% in 2025, then tumbled by -74bps to 22.98% in 2026.
  • The last three reported values for Gross Margin were 22.98% (Q1 2026), 86.75% (Q4 2025), and 48.74% (Q3 2025) per Business Quant data.