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

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

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

Baker Hughes has reported Net Margin for 11 years, with the latest figure at 14.24% in Q1 2026.

  • For the quarter ending Q1 2026, Net Margin rose 788.0% year-over-year to 14.24%; the trailing twelve-month figure through Mar 2026 stood at 11.3% (up 69.0% YoY), and the FY2025 full-year result was 9.46%, down 135.0% from the prior year.
  • Net Margin for Q1 2026 stood at 14.24%, up from 12.01% in the prior quarter.
  • The five-year high for Net Margin was 16.17% in Q4 2024, with the low at 16.58% in Q2 2022.
  • Historically, Net Margin has averaged 6.69% across 5 years, with a median of 7.89% in 2023.
  • Annual changes were most pronounced in 2022 — Net Margin jumped 10592 bps — and 2025, when it plunged 416 bps.
  • Baker Hughes' Net Margin stood at 3.18% in 2022, then surged by 107 bps to 6.6% in 2023, then soared by 145 bps to 16.17% in 2024, then retreated by 26 bps to 12.01% in 2025, then increased by 19 bps to 14.24% in 2026.
  • The last three Net Margin figures came in at 14.24% (Q1 2026), 12.01% (Q4 2025), and 8.8% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 Slb 82.25 Bn 80.04 Bn 4.67 Bn 8.73%
2 Baker Hughes 61.96 Bn 47.38 Bn 1.51 Bn 14.24%
3 Halliburton 32.79 Bn 30.84 Bn 2.04 Bn 8.59%
4 TechnipFMC 26.73 Bn 25.47 Bn 1.49 Bn 10.43%
5 Enerflex 8.62 Bn 8.57 Bn - 19.98%
6 Nov 7.27 Bn 5.98 Bn 119.00 Mn 0.97%
7 Weatherford International 6.99 Bn 5.94 Bn 876.00 Mn 9.46%
8 Archrock 5.95 Bn 5.95 Bn 247.42 Mn 19.87%
9 Kodiak Gas Services 5.60 Bn 5.50 Bn 222.88 Mn 5.17%
10 Liberty Energy 4.61 Bn 3.91 Bn 177.37 Mn 2.21%

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 -69.76%