Baker Hughes (BKR) Operating Expenses (2016 - 2026)

Baker Hughes' Operating Expenses history runs 11 years deep, the most recent figure standing at $732.0 million for Q1 2026.

• Quarterly Operating Expenses rose 1.24% year-over-year to $732.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $3.0 billion (down 84.8% YoY) and the FY2025 annual result came in at $3.2 billion, down 87.06% from the prior year.
• Operating Expenses was $732.0 million for Q1 2026 at Baker Hughes, down from $783.0 million in the prior quarter.
• Across five years, Operating Expenses topped out at $6.7 billion in Q4 2024 and bottomed at $723.0 million in Q1 2025.
• A 5-year average of $4.2 billion and a median of $5.2 billion in 2022 frame the typical range for Operating Expenses.
• Annual changes were most pronounced in 2023 — Operating Expenses advanced 17.97% — and 2025, when it slumped 88.46%.
• Baker Hughes' Operating Expenses stood at $5.2 billion in 2022, then grew by 17.97% to $6.2 billion in 2023, then increased by 8.33% to $6.7 billion in 2024, then tumbled by 88.31% to $783.0 million in 2025, then fell by 6.51% to $732.0 million in 2026.
• Business Quant data shows BKR's Operating Expenses at $732.0 million in Q1 2026, $783.0 million in Q4 2025, and $753.0 million in Q3 2025.