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

Baker Hughes has reported Operating Expenses for 11 years, with the latest figure at $732.0 million in Q1 2026.

• For the quarter ending Q1 2026, Operating Expenses rose 1.24% year-over-year to $732.0 million; the trailing twelve-month figure through Mar 2026 stood at $3.0 billion (down 84.8% YoY), and the FY2025 full-year result was $3.2 billion, down 87.06% from the prior year.
• Operating Expenses for Q1 2026 stood at $732.0 million, down from $783.0 million in the prior quarter.
• The five-year high for Operating Expenses was $6.7 billion in Q4 2024, with the low at $723.0 million in Q1 2025.
• Historically, Operating Expenses has averaged $4.2 billion across 5 years, with a median of $5.2 billion in 2022.
• Annual changes were most pronounced in 2023 — Operating Expenses increased 17.97% — and 2025, when it tumbled 88.46%.
• Baker Hughes' Operating Expenses stood at $5.2 billion in 2022, then advanced by 17.97% to $6.2 billion in 2023, then climbed by 8.33% to $6.7 billion in 2024, then sank by 88.31% to $783.0 million in 2025, then dropped by 6.51% to $732.0 million in 2026.
• The last three Operating Expenses figures came in at $732.0 million (Q1 2026), $783.0 million (Q4 2025), and $753.0 million (Q3 2025), per Business Quant data.