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% YoY from $161.0 million in Q2 2025, and up 7.52% on a QoQ basis from $133.0 million in Q1 2026.
Baker Hughes (BKR) Research & Development (2024 - 2026) Analysis & Trends
Baker Hughes (BKR) has 3 years of Research & Development data on file, last reported at $143.0 million in Q2 2026.
- Quarterly Research & Development fell 11.18% year-over-year to $143.0 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $569.0 million (down 9.39% YoY) and the FY2025 annual result came in at $600.0 million, down 6.69% from the prior year.
- Research & Development advanced to $143.0 million in Q2 2026, from $133.0 million in the prior quarter.
- In the past five years, Research & Development ranged from a high of $164.0 million in Q1 2024 to a low of $133.0 million in Q1 2026.
- A 3-year average of $151.9 million and a median of $152.5 million in 2024 frame the typical range for Research & Development.
- Annual changes were most pronounced in 2025 — Research & Development grew 1.9% — and 2026, when it declined 11.18%.
- Tracing BKR's Research & Development over 3 years: stood at $163.0 million in 2024, then decreased by 9.82% to $147.0 million in 2025, then decreased by 2.72% to $143.0 million in 2026.
- The last three Research & Development figures came in at $143.0 million (Q2 2026), $133.0 million (Q1 2026), and $147.0 million (Q4 2025), per Business Quant data.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 79.95 Bn | 75.87 Bn | 4.63 Bn | 171.00 Mn |
| 2 | Baker Hughes | 62.26 Bn | 46.53 Bn | 1.58 Bn | 143.00 Mn |
| 3 | Tenaris | 53.14 Bn | 44.12 Bn | 984.66 | - |
| 4 | TechnipFMC | 30.70 Bn | 29.46 Bn | 1.40 Bn | 25.70 Mn |
| 5 | Halliburton | 29.75 Bn | 27.71 Bn | 2.10 Bn | - |
| 6 | Nov | 7.28 Bn | 6.12 Bn | 521.00 Mn | - |
| 7 | Weatherford International | 6.57 Bn | 5.43 Bn | 662.00 Mn | 20.00 Mn |
| 8 | Kodiak Gas Services | 5.74 Bn | 5.61 Bn | 246.76 Mn | - |
| 9 | Archrock | 5.62 Bn | 5.62 Bn | 244.51 Mn | - |
| 10 | Oceaneering International | 5.22 Bn | 4.59 Bn | 156.98 Mn | - |
Historic Data
Download 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 |