Baker Hughes (BKR) Tax Provisions (2016 - 2026)

Baker Hughes (BKR) posted Tax Provisions of $336.0 million for Q1 2026, up 193.59% on a QoQ basis from -$359.0 million in Q4 2025, and up 121.05% year-over-year from $152.0 million in Q1 2025.

Baker Hughes (BKR) Tax Provisions (2016 - 2026) Analysis & Trends

Baker Hughes' Tax Provisions history runs 11 years deep, the most recent figure standing at $336.0 million for Q1 2026.

  • Quarterly Tax Provisions rose 121.05% year-over-year to $336.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $437.0 million (up 89.18% YoY) and the FY2025 annual result came in at $253.0 million, down 1.56% from the prior year.
  • Tax Provisions was $336.0 million for Q1 2026 at Baker Hughes, up from -$359.0 million in the prior quarter.
  • Across five years, Tax Provisions topped out at $336.0 million in Q1 2026 and bottomed at -$399.0 million in Q4 2024.
  • A 5-year average of $125.3 million and a median of $179.0 million in 2023 frame the typical range for Tax Provisions.
  • Annual changes were most pronounced in 2024 — Tax Provisions plunged 661.97% — and 2026, when it surged 121.05%.
  • Baker Hughes' Tax Provisions stood at $157.0 million in 2022, then slumped by 54.78% to $71.0 million in 2023, then plunged by 661.97% to -$399.0 million in 2024, then advanced by 10.03% to -$359.0 million in 2025, then soared by 193.59% to $336.0 million in 2026.
  • Business Quant data shows BKR's Tax Provisions at $336.0 million in Q1 2026, -$359.0 million in Q4 2025, and $204.0 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Taxes (Qtr)
1 Slb 78.08 Bn 74.69 Bn 5.38 Bn 195.00 Mn
2 Tenaris 58.18 Bn 46.31 Bn 1.05 Bn -
3 TechnipFMC 30.64 Bn 29.36 Bn 1.64 Bn 95.90 Mn
4 Halliburton 27.87 Bn 25.86 Bn 2.04 Bn 105.00 Mn
5 Nov 7.48 Bn 6.14 Bn 379.00 Mn 15.00 Mn
6 Weatherford International 6.35 Bn 5.21 Bn 776.00 Mn 33.00 Mn
7 Archrock 6.34 Bn 6.34 Bn 247.42 Mn 23.40 Mn
8 Oceaneering International 5.28 Bn 4.67 Bn 127.27 Mn 18.72 Mn
9 Kodiak Gas Services 5.09 Bn 4.99 Bn 222.88 Mn 2.76 Mn
10 Baker Hughes 33.24 Mn -14.73 Bn 1.51 Bn 336.00 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 336.00 Mn
Dec 31, 2025 -359.00 Mn
Sep 30, 2025 204.00 Mn
Jun 30, 2025 256.00 Mn
Mar 31, 2025 152.00 Mn
Dec 31, 2024 -399.00 Mn
Sep 30, 2024 235.00 Mn
Jun 30, 2024 243.00 Mn
Mar 31, 2024 178.00 Mn
Dec 31, 2023 71.00 Mn
Sep 30, 2023 235.00 Mn
Jun 30, 2023 200.00 Mn
Mar 31, 2023 179.00 Mn
Dec 31, 2022 157.00 Mn
Sep 30, 2022 153.00 Mn
Jun 30, 2022 182.00 Mn
Mar 31, 2022 107.00 Mn
Dec 31, 2021 352.00 Mn
Sep 30, 2021 193.00 Mn
Jun 30, 2021 143.00 Mn