Baker Hughes (BKR) Research & Development (2024 - 2026)
Baker Hughes (BKR) posted Research & Development of $143 million for Q2 2026, down 11.2% from $161 million a year earlier but up 7.5% from the prior quarter.
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Analysis
Baker Hughes (BKR) Research & Development (2024 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Research & Development at Baker Hughes was $569 million, down 9.4% 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.
- Quarterly Research & Development has run from a low of $133 million in Q1 2026 to a high of $164 million in Q1 2024 over five years.
- On a year-over-year basis, Research & Development has declined in each of the last four quarters, with an average decline of 7.8% over the last six quarters.
- According to Business Quant data, Research & Development for the three prior quarters was $133 million (Q1 2026), $147 million (Q4 2025) and $146 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 76.39 Bn | 73.50 Bn | 1.40 Bn | 171.00 Mn |
| 2 | Baker Hughes | 56.70 Bn | 19.98 Bn | 1.58 Bn | 143.00 Mn |
| 3 | TechnipFMC | 27.74 Bn | 23.88 Bn | 684.70 Mn | 25.70 Mn |
| 4 | Halliburton | 27.03 Bn | 18.79 Bn | 804.00 Mn | - |
| 5 | Nov | 6.97 Bn | 1.76 Bn | 521.00 Mn | - |
| 6 | Noble | 6.81 Bn | 4.74 Bn | 239.27 Mn | - |
| 7 | Weatherford International | 5.95 Bn | 1.88 Bn | 333.00 Mn | 20.00 Mn |
| 8 | Transocean | 5.90 Bn | 3.61 Bn | 358.00 Mn | - |
| 9 | Valaris | 5.52 Bn | 3.13 Bn | 123.70 Mn | - |
| 10 | Kodiak Gas Services | 5.32 Bn | 5.09 Bn | 246.76 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 |
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();