Baker Hughes BKR
NASDAQ BKR
$63.65 -0.27 (-0.43%)
As of: Sep 9, 2026 · 3:59 PM EDT

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

Baker Hughes' (BKR) quarterly Operating Expenses came in at $723.0 million in Q2 2026, down 0.69% on a YoY basis from $728.0 million in Q2 2025, and down 1.23% quarter-over-quarter from $732.0 million in Q1 2026.

Analysis

Baker Hughes (BKR) Operating Expenses (2016 - 2026) Analysis & Trends

Baker Hughes (BKR) has reported Operating Expenses for 11 consecutive years, with $723.0 million the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Operating Expenses fell 0.69% year-over-year to $723.0 million; the trailing twelve-month figure through Jun 2026 stood at $3.0 billion (down 78.83% YoY), and the FY2025 full-year result was $3.2 billion, down 87.06% from the prior year.
  • Operating Expenses fell to $723.0 million in Q2 2026 per BKR's latest filing, from $732.0 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.
  • Historically, Operating Expenses has averaged $4.0 billion across 5 years, with a median of $5.2 billion in 2022.
  • The sharpest annual moves came in 2023 and 2025: Operating Expenses rose 17.97% in 2023, then plunged 88.46% in 2025.
  • Over 5 years, 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 slipped by 7.66% to $723.0 million in 2026.
  • According to Business Quant data, Operating Expenses over the past three periods registered $723.0 million, $732.0 million, and $783.0 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Slb 85.35 Bn 82.46 Bn 4.63 Bn 324.00 Mn
2 Baker Hughes 63.03 Bn 47.48 Bn 1.58 Bn 723.00 Mn
3 Halliburton 30.89 Bn 28.89 Bn 2.10 Bn 4.94 Bn
4 Weatherford International 6.88 Bn 5.75 Bn 662.00 Mn 998.00 Mn
5 Kodiak Gas Services 6.31 Bn 6.18 Bn 246.76 Mn 266.88 Mn
6 Tidewater 4.69 Bn 4.07 Bn 161.54 Mn 279.76 Mn
7 USA Compression Partners 3.95 Bn 3.94 Bn 217.36 Mn 241.76 Mn
8 National Energy Services Reunited 3.50 Bn 3.32 Bn 81.29 Mn 12.02 Mn
9 Liberty Energy 3.36 Bn 2.80 Bn 208.34 Mn 1.18 Bn
10 Select Water Solutions 2.55 Bn 2.61 Bn 76.84 Mn 42.50 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 723.00 Mn
Mar 31, 2026 732.00 Mn
Dec 31, 2025 783.00 Mn
Sep 30, 2025 753.00 Mn
Jun 30, 2025 728.00 Mn
Mar 31, 2025 723.00 Mn
Dec 31, 2024 6.70 Bn
Sep 30, 2024 5.98 Bn
Jun 30, 2024 6.31 Bn
Mar 31, 2024 5.77 Bn
Dec 31, 2023 6.18 Bn
Sep 30, 2023 5.93 Bn
Jun 30, 2023 5.80 Bn
Mar 31, 2023 5.28 Bn
Dec 31, 2022 5.24 Bn
Sep 30, 2022 5.10 Bn
Jun 30, 2022 5.07 Bn
Mar 31, 2022 4.56 Bn
Dec 31, 2021 4.91 Bn
Sep 30, 2021 4.72 Bn