Baker Hughes (BKR) Operating Income (2016 - 2026)
Baker Hughes' Operating Income came in at $859 million for Q2 2026, down 4.8% from $902 million a year earlier but up 9.8% from the prior quarter.
Baker Hughes (BKR) Operating Income (2016 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Baker Hughes reported Operating Income of $3.59 billion, up 9.7% year-over-year; for FY2025, it was $3.41 billion, up 10.5% from FY2024.
- Operating Income has increased in each of the last three years.
- Going back by year, Operating Income was $3.08 billion in FY2024 (+33.0%), $2.32 billion in FY2023 (+95.5%), $1.19 billion in FY2022 (-9.5%) and $1.31 billion in FY2021.
- The five-year range for quarterly Operating Income is -$25 million (Q2 2022) to $992 million (Q4 2025).
- Year-over-year, Operating Income increased in seven of the last eight quarters, with growth averaging 13.4%.
- The fastest year-over-year change in Operating Income over five years came in Q4 2021 (growth of 215.4%), and the weakest in Q3 2022 (a decline of 28.8%).
- Business Quant data shows BKR's Operating Income at $782 million (Q1 2026), $992 million (Q4 2025) and $953 million (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 76.39 Bn | 73.50 Bn | 1.40 Bn | 1.07 Bn |
| 2 | Baker Hughes | 56.70 Bn | 19.98 Bn | 1.58 Bn | 859.00 Mn |
| 3 | TechnipFMC | 27.74 Bn | 23.88 Bn | 684.70 Mn | -1.59 Bn |
| 4 | Halliburton | 27.03 Bn | 18.79 Bn | 804.00 Mn | 778.00 Mn |
| 5 | Nov | 6.97 Bn | 1.76 Bn | 521.00 Mn | 193.00 Mn |
| 6 | Noble | 6.81 Bn | 4.74 Bn | 239.27 Mn | 30.48 Mn |
| 7 | Weatherford International | 5.95 Bn | 1.88 Bn | 333.00 Mn | 107.00 Mn |
| 8 | Transocean | 5.90 Bn | 3.61 Bn | 358.00 Mn | 152.00 Mn |
| 9 | Valaris | 5.52 Bn | 3.13 Bn | 123.70 Mn | 51.10 Mn |
| 10 | Kodiak Gas Services | 5.32 Bn | 5.09 Bn | 246.76 Mn | 124.24 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 859.00 Mn |
| Mar 31, 2026 | 782.00 Mn |
| Dec 31, 2025 | 992.00 Mn |
| Sep 30, 2025 | 953.00 Mn |
| Jun 30, 2025 | 902.00 Mn |
| Mar 31, 2025 | 773.00 Mn |
| Dec 31, 2024 | 665.00 Mn |
| Sep 30, 2024 | 930.00 Mn |
| Jun 30, 2024 | 833.00 Mn |
| Mar 31, 2024 | 653.00 Mn |
| Dec 31, 2023 | 651.00 Mn |
| Sep 30, 2023 | 714.00 Mn |
| Jun 30, 2023 | 514.00 Mn |
| Mar 31, 2023 | 438.00 Mn |
| Dec 31, 2022 | 663.00 Mn |
| Sep 30, 2022 | 269.00 Mn |
| Jun 30, 2022 | -25.00 Mn |
| Mar 31, 2022 | 279.00 Mn |
| Dec 31, 2021 | 574.00 Mn |
| Sep 30, 2021 | 378.00 Mn |
Baker Hughes Operating Income API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-income&ticker=BKR&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-income", "ticker": "BKR", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-income&ticker=BKR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();