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

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

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

Baker Hughes has reported Tax Provisions for 11 years, with the latest figure at $336.0 million in Q1 2026.

  • For the quarter ending Q1 2026, Tax Provisions rose 121.05% year-over-year to $336.0 million; the trailing twelve-month figure through Mar 2026 stood at $437.0 million (up 89.18% YoY), and the FY2025 full-year result was $253.0 million, down 1.56% from the prior year.
  • Tax Provisions for Q1 2026 stood at $336.0 million, up from -$359.0 million in the prior quarter.
  • The five-year high for Tax Provisions was $336.0 million in Q1 2026, with the low at -$399.0 million in Q4 2024.
  • Historically, Tax Provisions has averaged $125.3 million across 5 years, with a median of $179.0 million in 2023.
  • Annual changes were most pronounced in 2024 — Tax Provisions sank 661.97% — and 2026, when it surged 121.05%.
  • Baker Hughes' Tax Provisions stood at $157.0 million in 2022, then plunged by 54.78% to $71.0 million in 2023, then slumped by 661.97% to -$399.0 million in 2024, then rose by 10.03% to -$359.0 million in 2025, then jumped by 193.59% to $336.0 million in 2026.
  • The last three Tax Provisions figures came in at $336.0 million (Q1 2026), -$359.0 million (Q4 2025), and $204.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Taxes (Qtr)
1 Slb 82.25 Bn 80.04 Bn 4.67 Bn 195.00 Mn
2 Baker Hughes 61.96 Bn 47.38 Bn 1.51 Bn 336.00 Mn
3 Halliburton 32.79 Bn 30.84 Bn 2.04 Bn 105.00 Mn
4 TechnipFMC 26.73 Bn 25.47 Bn 1.49 Bn 95.90 Mn
5 Enerflex 8.62 Bn 8.57 Bn - 41.00 Mn
6 Nov 7.27 Bn 5.98 Bn 119.00 Mn 15.00 Mn
7 Weatherford International 6.99 Bn 5.94 Bn 876.00 Mn -4.00 Mn
8 Archrock 5.95 Bn 5.95 Bn 247.42 Mn 23.40 Mn
9 Kodiak Gas Services 5.60 Bn 5.50 Bn 222.88 Mn 2.76 Mn
10 Liberty Energy 4.61 Bn 3.91 Bn 177.37 Mn 9.31 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