Baker Hughes (BKR) Research & Development (2024 - 2026)

Baker Hughes (BKR) posted Research & Development of $133.0 million for Q1 2026, down 9.52% on a QoQ basis from $147.0 million in Q4 2025, and down 8.9% year-over-year from $146.0 million in Q1 2025.

Baker Hughes (BKR) Research & Development (2024 - 2026) Analysis & Trends

Baker Hughes' Research & Development history runs 3 years deep, the most recent figure standing at $133.0 million for Q1 2026.

  • Quarterly Research & Development fell 8.9% year-over-year to $133.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $587.0 million (down 6.08% YoY) and the FY2025 annual result came in at $600.0 million, down 6.69% from the prior year.
  • Research & Development was $133.0 million for Q1 2026 at Baker Hughes, down from $147.0 million in the prior quarter.
  • Across five years, Research & Development topped out at $164.0 million in Q1 2024 and bottomed at $133.0 million in Q1 2026.
  • A 3-year average of $152.9 million and a median of $158.0 million in 2024 frame the typical range for Research & Development.
  • Peak annual rise in Research & Development reached 1.9% in 2025, while the deepest fall reached 10.98% in 2025.
  • Baker Hughes' Research & Development stood at $163.0 million in 2024, then dropped by 9.82% to $147.0 million in 2025, then decreased by 9.52% to $133.0 million in 2026.
  • Business Quant data shows BKR's Research & Development at $133.0 million in Q1 2026, $147.0 million in Q4 2025, and $146.0 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Slb 78.08 Bn 74.69 Bn 5.38 Bn 164.00 Mn
2 Tenaris 58.18 Bn 46.31 Bn 1.05 Bn -
3 TechnipFMC 30.64 Bn 29.36 Bn 1.64 Bn 17.80 Mn
4 Halliburton 27.87 Bn 25.86 Bn 2.04 Bn -
5 Nov 7.48 Bn 6.14 Bn 379.00 Mn -
6 Weatherford International 6.35 Bn 5.21 Bn 776.00 Mn 20.00 Mn
7 Archrock 6.34 Bn 6.34 Bn 247.42 Mn -
8 Oceaneering International 5.28 Bn 4.67 Bn 127.27 Mn -
9 Kodiak Gas Services 5.09 Bn 4.99 Bn 222.88 Mn -
10 Baker Hughes 33.24 Mn -14.73 Bn 1.51 Bn 133.00 Mn

Historic Data

Download Data
DateValue
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