Baker Hughes (BKR) Net Income (2016 - 2026)
Baker Hughes' (BKR) quarterly Net Income came in at $682.0 million in Q2 2026, down 4.08% YoY from $711.0 million in Q2 2025, and down 27.29% on a QoQ basis from $938.0 million in Q1 2026.
Baker Hughes (BKR) Net Income (2016 - 2026) Analysis & Trends
Baker Hughes (BKR) has 11 years of Net Income data on file, last reported at $682.0 million in Q2 2026.
- Quarterly Net Income fell 4.08% year-over-year to $682.0 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $3.1 billion (up 1.26% YoY) and the FY2025 annual result came in at $2.6 billion, down 12.77% from the prior year.
- Net Income declined to $682.0 million in Q2 2026, from $938.0 million in the prior quarter.
- In the past five years, Net Income ranged from a high of $1.2 billion in Q4 2024 to a low of -$837.0 million in Q2 2022.
- A 5-year average of $480.3 million and a median of $552.5 million in 2023 frame the typical range for Net Income.
- Annual changes were most pronounced in 2022 — Net Income slumped 987.01% — and 2023, when it jumped 5922.22%.
- Tracing BKR's Net Income over 5 years: stood at $188.0 million in 2022, then soared by 139.89% to $451.0 million in 2023, then surged by 164.08% to $1.2 billion in 2024, then fell by 25.52% to $887.0 million in 2025, then declined by 23.11% to $682.0 million in 2026.
- The last three Net Income figures came in at $682.0 million (Q2 2026), $938.0 million (Q1 2026), and $887.0 million (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 79.98 Bn | 75.90 Bn | 4.63 Bn | 815.00 Mn |
| 2 | Baker Hughes | 62.05 Bn | 46.33 Bn | 1.58 Bn | 682.00 Mn |
| 3 | Tenaris | 52.92 Bn | 43.89 Bn | 984.66 | 656,011.00 Bn |
| 4 | TechnipFMC | 30.91 Bn | 29.67 Bn | 1.40 Bn | 365.70 Mn |
| 5 | Halliburton | 29.52 Bn | 27.47 Bn | 2.10 Bn | 538.00 Mn |
| 6 | Nov | 7.27 Bn | 6.11 Bn | 521.00 Mn | 116.00 Mn |
| 7 | Weatherford International | 6.55 Bn | 5.41 Bn | 662.00 Mn | 42.00 Mn |
| 8 | Kodiak Gas Services | 5.65 Bn | 5.51 Bn | 246.76 Mn | 52.14 Mn |
| 9 | Archrock | 5.52 Bn | 5.52 Bn | 244.51 Mn | 67.17 Mn |
| 10 | Oceaneering International | 5.24 Bn | 4.61 Bn | 156.98 Mn | 63.58 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 682.00 Mn |
| Mar 31, 2026 | 938.00 Mn |
| Dec 31, 2025 | 887.00 Mn |
| Sep 30, 2025 | 617.00 Mn |
| Jun 30, 2025 | 711.00 Mn |
| Mar 31, 2025 | 409.00 Mn |
| Dec 31, 2024 | 1.19 Bn |
| Sep 30, 2024 | 774.00 Mn |
| Jun 30, 2024 | 581.00 Mn |
| Mar 31, 2024 | 463.00 Mn |
| Dec 31, 2023 | 451.00 Mn |
| Sep 30, 2023 | 524.00 Mn |
| Jun 30, 2023 | 414.00 Mn |
| Mar 31, 2023 | 581.00 Mn |
| Dec 31, 2022 | 188.00 Mn |
| Sep 30, 2022 | -9.00 Mn |
| Jun 30, 2022 | -837.00 Mn |
| Mar 31, 2022 | 80.00 Mn |
| Dec 31, 2021 | 336.00 Mn |
| Sep 30, 2021 | 16.00 Mn |