Baker Hughes (BKR) Research & Development (2024 - 2026)
Baker Hughes (BKR) posted Research & Development of $150 million for Q3 2026, up 2.7% from $146 million a year earlier and up 4.9% from the prior quarter.
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Analysis
Baker Hughes (BKR) Research & Development (2024 - 2026) Analysis & Trends
For the trailing twelve months through Sep 30, 2026, Research & Development at Baker Hughes was $573 million, down 7.0% year-over-year; for FY2025, it was $600 million, down 6.7% from FY2024.
- In prior years, Baker Hughes' Research & Development was $643 million in FY2024 (-1.2%) and $651 million in FY2023.
- The Q3 2026 figure stands as the highest quarterly Research & Development since Q2 2025.
- On a year-over-year basis, Research & Development increased in two of the last seven quarters, with an average decline of 6.3%.
- According to Business Quant data, Research & Development for the three prior quarters was $143 million (Q2 2026), $133 million (Q1 2026) and $147 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 73.67 Bn | 71.28 Bn | 1.57 Bn | 156.00 Mn |
| 2 | Baker Hughes | 47.44 Bn | 9.59 Bn | 1.96 Bn | 150.00 Mn |
| 3 | Halliburton | 26.34 Bn | 18.29 Bn | 840.00 Mn | - |
| 4 | TechnipFMC | 25.18 Bn | 21.15 Bn | 728.70 Mn | 30.10 Mn |
| 5 | Noble | 6.56 Bn | 4.64 Bn | 228.22 Mn | - |
| 6 | Nov | 6.31 Bn | 1.25 Bn | 439.00 Mn | - |
| 7 | Weatherford International | 6.11 Bn | 1.89 Bn | 374.00 Mn | 23.00 Mn |
| 8 | Transocean | 5.79 Bn | 3.83 Bn | 348.00 Mn | - |
| 9 | Valaris | 5.48 Bn | 3.23 Bn | 176.30 Mn | - |
| 10 | Kodiak Gas Services | 4.28 Bn | 3.96 Bn | 259.04 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 150.00 Mn |
| Jun 30, 2026 | 143.00 Mn |
| Mar 31, 2026 | 133.00 Mn |
| Dec 31, 2025 | 147.00 Mn |
| Sep 30, 2025 | 146.00 Mn |
| Jun 30, 2025 | 161.00 Mn |
| Mar 31, 2025 | 146.00 Mn |
| Dec 31, 2024 | 163.00 Mn |
| Sep 30, 2024 | 158.00 Mn |
| Jun 30, 2024 | 158.00 Mn |
| Mar 31, 2024 | 164.00 Mn |
API Access
Baker Hughes Research & Development 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=research-and-development&ticker=BKR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "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=research-and-development&ticker=BKR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();