Baker Hughes (BKR) Net Margin (2016 - 2026)
Baker Hughes' (BKR) quarterly Net Margin came in at 10.12% in Q2 2026, down 17.0% on a YoY basis from 12.19% in Q2 2025, and down 28.96% quarter-over-quarter from 14.24% in Q1 2026.
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Baker Hughes (BKR) Net Margin (2016 - 2026) Analysis & Trends
Baker Hughes (BKR) has reported Net Margin for 11 consecutive years, with 10.12% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Net Margin fell 17.0% year-over-year to 10.12%; the trailing twelve-month figure through Jun 2026 stood at 11.27% (up 9.0% YoY), and the FY2025 full-year result was 9.46%, down 135.0% from the prior year.
- Net Margin declined to 10.12% in Q2 2026 per BKR's latest filing, from 14.24% 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.
- Historically, Net Margin has averaged 6.88% across 5 years, with a median of 8.01% in 2024.
- The sharpest annual moves came in 2022 and 2023: Net Margin tumbled 1509 bps in 2022, then surged 2314 bps in 2023.
- Over 5 years, 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 declined by 16 bps to 10.12% in 2026.
- According to Business Quant data, Net Margin over the past three periods registered 10.12%, 14.24%, and 12.01% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 85.35 Bn | 82.46 Bn | 4.63 Bn | 9.08% |
| 2 | Baker Hughes | 63.03 Bn | 47.48 Bn | 1.58 Bn | 10.12% |
| 3 | Halliburton | 30.89 Bn | 28.89 Bn | 2.10 Bn | 9.42% |
| 4 | Weatherford International | 6.88 Bn | 5.75 Bn | 662.00 Mn | 3.80% |
| 5 | Kodiak Gas Services | 6.31 Bn | 6.18 Bn | 246.76 Mn | 13.33% |
| 6 | Tidewater | 4.69 Bn | 4.07 Bn | 161.54 Mn | 6.16% |
| 7 | USA Compression Partners | 3.95 Bn | 3.94 Bn | 217.36 Mn | 13.34% |
| 8 | National Energy Services Reunited | 3.50 Bn | 3.32 Bn | 81.29 Mn | 8.45% |
| 9 | Liberty Energy | 3.36 Bn | 2.80 Bn | 208.34 Mn | 3.62% |
| 10 | Select Water Solutions | 2.55 Bn | 2.61 Bn | 76.84 Mn | 5.84% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 10.12% |
| 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% |