Baker Hughes (BKR) Research & Development (2024 - 2026)
Baker Hughes' (BKR) quarterly Research & Development came in at $143.0 million in Q2 2026, down 11.18% on a YoY basis from $161.0 million in Q2 2025, and up 7.52% quarter-over-quarter from $133.0 million in Q1 2026.
Analysis
Baker Hughes (BKR) Research & Development (2024 - 2026) Analysis & Trends
Baker Hughes (BKR) has reported Research & Development for 3 consecutive years, with $143.0 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Research & Development fell 11.18% year-over-year to $143.0 million; the trailing twelve-month figure through Jun 2026 stood at $569.0 million (down 9.39% YoY), and the FY2025 full-year result was $600.0 million, down 6.69% from the prior year.
- Research & Development rose to $143.0 million in Q2 2026 per BKR's latest filing, from $133.0 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.
- Historically, Research & Development has averaged $151.9 million across 3 years, with a median of $152.5 million in 2024.
- The sharpest annual moves came in 2025 and 2026: Research & Development increased 1.9% in 2025, then fell 11.18% in 2026.
- Over 3 years, Research & Development stood at $163.0 million in 2024, then dropped by 9.82% to $147.0 million in 2025, then dropped by 2.72% to $143.0 million in 2026.
- According to Business Quant data, Research & Development over the past three periods registered $143.0 million, $133.0 million, and $147.0 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 85.35 Bn | 82.46 Bn | 4.63 Bn | 171.00 Mn |
| 2 | Baker Hughes | 63.03 Bn | 47.48 Bn | 1.58 Bn | 143.00 Mn |
| 3 | Halliburton | 30.89 Bn | 28.89 Bn | 2.10 Bn | - |
| 4 | Weatherford International | 6.88 Bn | 5.75 Bn | 662.00 Mn | 20.00 Mn |
| 5 | Kodiak Gas Services | 6.31 Bn | 6.18 Bn | 246.76 Mn | - |
| 6 | Tidewater | 4.69 Bn | 4.07 Bn | 161.54 Mn | - |
| 7 | USA Compression Partners | 3.95 Bn | 3.94 Bn | 217.36 Mn | - |
| 8 | National Energy Services Reunited | 3.50 Bn | 3.32 Bn | 81.29 Mn | - |
| 9 | Liberty Energy | 3.36 Bn | 2.80 Bn | 208.34 Mn | - |
| 10 | Select Water Solutions | 2.55 Bn | 2.61 Bn | 76.84 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |