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| Date | Value |
|---|---|
| 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% |