Baker Hughes (BKR) Research & Development (2024 - 2026)
Baker Hughes (BKR) reported Research & Development of $133.0 million for Q1 2026, down 8.9% on a YoY basis from $146.0 million in Q1 2025, and down 9.52% quarter-over-quarter from $147.0 million in Q4 2025.
Baker Hughes (BKR) Research & Development (2024 - 2026) Analysis & Trends
Baker Hughes has reported Research & Development for 3 years, with the latest figure at $133.0 million in Q1 2026.
- For the quarter ending Q1 2026, Research & Development fell 8.9% year-over-year to $133.0 million; the trailing twelve-month figure through Mar 2026 stood at $587.0 million (down 6.08% YoY), and the FY2025 full-year result was $600.0 million, down 6.69% from the prior year.
- Research & Development for Q1 2026 stood at $133.0 million, down from $147.0 million in the prior quarter.
- The five-year high for Research & Development was $164.0 million in Q1 2024, with the low at $133.0 million in Q1 2026.
- Historically, Research & Development has averaged $152.9 million across 3 years, with a median of $158.0 million in 2024.
- The largest YoY upside for Research & Development was 1.9% in 2025 against a maximum downside of 10.98% in 2025.
- Baker Hughes' Research & Development stood at $163.0 million in 2024, then decreased by 9.82% to $147.0 million in 2025, then fell by 9.52% to $133.0 million in 2026.
- The last three Research & Development figures came in at $133.0 million (Q1 2026), $147.0 million (Q4 2025), and $146.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 82.25 Bn | 80.04 Bn | 4.67 Bn | 164.00 Mn |
| 2 | Baker Hughes | 61.96 Bn | 47.38 Bn | 1.51 Bn | 133.00 Mn |
| 3 | Halliburton | 32.79 Bn | 30.84 Bn | 2.04 Bn | - |
| 4 | TechnipFMC | 26.73 Bn | 25.47 Bn | 1.49 Bn | 17.80 Mn |
| 5 | Enerflex | 8.62 Bn | 8.57 Bn | - | - |
| 6 | Nov | 7.27 Bn | 5.98 Bn | 119.00 Mn | - |
| 7 | Weatherford International | 6.99 Bn | 5.94 Bn | 876.00 Mn | 21.00 Mn |
| 8 | Archrock | 5.95 Bn | 5.95 Bn | 247.42 Mn | - |
| 9 | Kodiak Gas Services | 5.60 Bn | 5.50 Bn | 222.88 Mn | - |
| 10 | Liberty Energy | 4.61 Bn | 3.91 Bn | 177.37 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |