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

Baker Hughes (BKR) posted Net Margin of 14.24% for Q1 2026, up 18.58% on a QoQ basis from 12.01% in Q4 2025, and up 788.0% year-over-year from 1.6% in Q1 2025.

Baker Hughes (BKR) Net Margin (2016 - 2026) Analysis & Trends

Baker Hughes' Net Margin history runs 11 years deep, the most recent figure standing at 14.24% for Q1 2026.

  • Quarterly Net Margin rose 788.0% year-over-year to 14.24% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 11.3% (up 69.0% YoY) and the FY2025 annual result came in at 9.46%, down 135.0% from the prior year.
  • Net Margin was 14.24% for Q1 2026 at Baker Hughes, up from 12.01% in the prior quarter.
  • Across five years, Net Margin topped out at 16.17% in Q4 2024 and bottomed at 16.58% in Q2 2022.
  • A 5-year average of 6.69% and a median of 7.89% in 2023 frame the typical range for Net Margin.
  • Annual changes were most pronounced in 2022 — Net Margin sank 1509 bps — and 2023, when it jumped 2314 bps.
  • Baker Hughes' Net Margin stood at 3.18% in 2022, then jumped by 107 bps to 6.6% in 2023, then surged by 145 bps to 16.17% in 2024, then slipped by 26 bps to 12.01% in 2025, then gained by 19 bps to 14.24% in 2026.
  • Business Quant data shows BKR's Net Margin at 14.24% in Q1 2026, 12.01% in Q4 2025, and 8.8% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 Slb 78.08 Bn 74.69 Bn 5.38 Bn 8.73%
2 Tenaris 58.18 Bn 46.31 Bn 1.05 Bn 17.44%
3 TechnipFMC 30.64 Bn 29.36 Bn 1.64 Bn 10.43%
4 Halliburton 27.87 Bn 25.86 Bn 2.04 Bn 8.59%
5 Nov 7.48 Bn 6.14 Bn 379.00 Mn 0.97%
6 Weatherford International 6.35 Bn 5.21 Bn 776.00 Mn 3.80%
7 Archrock 6.34 Bn 6.34 Bn 247.42 Mn 19.87%
8 Oceaneering International 5.28 Bn 4.67 Bn 127.27 Mn 5.21%
9 Kodiak Gas Services 5.09 Bn 4.99 Bn 222.88 Mn 5.17%
10 Baker Hughes 33.24 Mn -14.73 Bn 1.51 Bn 14.24%

Historic Data

Download Data
DateValue
Mar 31, 2026 14.24%
Dec 31, 2025 12.01%
Sep 30, 2025 8.80%
Jun 30, 2025 10.29%
Mar 31, 2025 6.36%
Dec 31, 2024 16.17%
Sep 30, 2024 11.20%
Jun 30, 2024 8.14%
Mar 31, 2024 7.21%
Dec 31, 2023 6.60%
Sep 30, 2023 7.89%
Jun 30, 2023 6.56%
Mar 31, 2023 10.16%
Dec 31, 2022 3.18%
Sep 30, 2022 -0.17%
Jun 30, 2022 -16.58%
Mar 31, 2022 1.65%
Dec 31, 2021 6.13%
Sep 30, 2021 0.31%
Jun 30, 2021 -1.50%