Baker Hughes (BKR) Gross Profit (2016 - 2026)
Baker Hughes (BKR) posted Gross Profit of $1.5 billion for Q1 2026, down 79.77% on a QoQ basis from $7.5 billion in Q4 2025, and down 51.13% year-over-year from $3.1 billion in Q1 2025.
Baker Hughes (BKR) Gross Profit (2016 - 2026) Analysis & Trends
Baker Hughes' Gross Profit history runs 11 years deep, the most recent figure standing at $1.5 billion for Q1 2026.
- Quarterly Gross Profit fell 51.13% year-over-year to $1.5 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $18.8 billion (up 10.32% YoY) and the FY2025 annual result came in at $20.9 billion, up 9.64% from the prior year.
- Gross Profit was $1.5 billion for Q1 2026 at Baker Hughes, down from $7.5 billion in the prior quarter.
- Across five years, Gross Profit topped out at $7.5 billion in Q4 2025 and bottomed at -$3.0 billion in Q4 2023.
- A 5-year average of $3.4 billion and a median of $3.8 billion in 2024 frame the typical range for Gross Profit.
- Annual changes were most pronounced in 2023 — Gross Profit plunged 2129.45% — and 2024, when it surged 264.33%.
- Baker Hughes' Gross Profit stood at $146.0 million in 2022, then plunged by 2129.45% to -$3.0 billion in 2023, then jumped by 264.33% to $4.9 billion in 2024, then soared by 53.73% to $7.5 billion in 2025, then slumped by 79.77% to $1.5 billion in 2026.
- Business Quant data shows BKR's Gross Profit at $1.5 billion in Q1 2026, $7.5 billion in Q4 2025, and $4.6 billion in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Slb | 78.08 Bn | 74.69 Bn | 5.38 Bn |
| 2 | Tenaris | 58.18 Bn | 46.31 Bn | 1.05 Bn |
| 3 | TechnipFMC | 30.64 Bn | 29.36 Bn | 1.64 Bn |
| 4 | Halliburton | 27.87 Bn | 25.86 Bn | 2.04 Bn |
| 5 | Nov | 7.48 Bn | 6.14 Bn | 379.00 Mn |
| 6 | Weatherford International | 6.35 Bn | 5.21 Bn | 776.00 Mn |
| 7 | Archrock | 6.34 Bn | 6.34 Bn | 247.42 Mn |
| 8 | Oceaneering International | 5.28 Bn | 4.67 Bn | 127.27 Mn |
| 9 | Kodiak Gas Services | 5.09 Bn | 4.99 Bn | 222.88 Mn |
| 10 | Baker Hughes | 33.24 Mn | -14.73 Bn | 1.51 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.51 Bn |
| Mar 31, 2026 | 1.51 Bn |
| Dec 31, 2025 | 7.49 Bn |
| Dec 31, 2025 | 7.49 Bn |
| Sep 30, 2025 | 4.61 Bn |
| Sep 30, 2025 | 4.61 Bn |
| Jun 30, 2025 | 5.22 Bn |
| Jun 30, 2025 | 5.22 Bn |
| Mar 31, 2025 | 3.10 Bn |
| Mar 31, 2025 | 3.10 Bn |
| Dec 31, 2024 | 4.87 Bn |
| Dec 31, 2024 | 4.87 Bn |
| Sep 30, 2024 | 3.80 Bn |
| Sep 30, 2024 | 3.80 Bn |
| Jun 30, 2024 | 5.30 Bn |
| Jun 30, 2024 | 5.30 Bn |
| Mar 31, 2024 | 4.72 Bn |
| Mar 31, 2024 | 4.72 Bn |
| Dec 31, 2023 | -2.96 Bn |
| Dec 31, 2023 | -2.96 Bn |