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

Baker Hughes (BKR) posted Operating Margin of 11.87% for Q1 2026, down 86.92% on a QoQ basis from 90.74% in Q4 2025, and down 2508.0% year-over-year from 0.49% in Q1 2025.

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

Baker Hughes' Operating Margin history runs 11 years deep, the most recent figure standing at 11.87% for Q1 2026.

  • Quarterly Operating Margin fell 2508.0% year-over-year to 11.87% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 56.76% (up 3950.0% YoY) and the FY2025 annual result came in at 63.93%, up 5286.0% from the prior year.
  • Operating Margin was 11.87% for Q1 2026 at Baker Hughes, down from 90.74% in the prior quarter.
  • Across five years, Operating Margin topped out at 90.74% in Q4 2025 and bottomed at 0.5% in Q2 2022.
  • A 5-year average of 21.26% and a median of 10.75% in 2023 frame the typical range for Operating Margin.
  • Annual changes were most pronounced in 2025 — Operating Margin soared 8171 bps — and 2026, when it plunged 2508 bps.
  • Baker Hughes' Operating Margin stood at 11.23% in 2022, then decreased by 15 bps to 9.52% in 2023, then declined by 5 bps to 9.03% in 2024, then surged by 905 bps to 90.74% in 2025, then tumbled by 87 bps to 11.87% in 2026.
  • Business Quant data shows BKR's Operating Margin at 11.87% in Q1 2026, 90.74% in Q4 2025, and 55.04% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (Qtr)
1 Slb 78.08 Bn 74.69 Bn 5.38 Bn 58.70%
2 Tenaris 58.18 Bn 46.31 Bn 1.05 Bn 48.92%
3 TechnipFMC 30.64 Bn 29.36 Bn 1.64 Bn 14.51%
4 Halliburton 27.87 Bn 25.86 Bn 2.04 Bn 12.57%
5 Nov 7.48 Bn 6.14 Bn 379.00 Mn 5.80%
6 Weatherford International 6.35 Bn 5.21 Bn 776.00 Mn 9.68%
7 Archrock 6.34 Bn 6.34 Bn 247.42 Mn 54.06%
8 Oceaneering International 5.28 Bn 4.67 Bn 127.27 Mn 8.35%
9 Kodiak Gas Services 5.09 Bn 4.99 Bn 222.88 Mn 30.89%
10 Baker Hughes 33.24 Mn -14.73 Bn 1.51 Bn 11.87%

Historic Data

Download Data
DateValue
Mar 31, 2026 11.87%
Dec 31, 2025 90.74%
Sep 30, 2025 55.04%
Jun 30, 2025 64.96%
Mar 31, 2025 36.95%
Dec 31, 2024 9.03%
Sep 30, 2024 13.46%
Jun 30, 2024 11.67%
Mar 31, 2024 10.17%
Dec 31, 2023 9.52%
Sep 30, 2023 10.75%
Jun 30, 2023 8.14%
Mar 31, 2023 7.66%
Dec 31, 2022 11.23%
Sep 30, 2022 5.01%
Jun 30, 2022 -0.50%
Mar 31, 2022 5.77%
Dec 31, 2021 10.46%
Sep 30, 2021 7.42%
Jun 30, 2021 3.77%