Baker Hughes (BKR) Tax Provisions (2016 - 2026)
Baker Hughes' (BKR) quarterly Tax Provisions came in at $210.0 million in Q2 2026, down 17.97% YoY from $256.0 million in Q2 2025, and down 37.5% on a QoQ basis from $336.0 million in Q1 2026.
Baker Hughes (BKR) Tax Provisions (2016 - 2026) Analysis & Trends
Baker Hughes (BKR) has 11 years of Tax Provisions data on file, last reported at $210.0 million in Q2 2026.
- Quarterly Tax Provisions fell 17.97% year-over-year to $210.0 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $391.0 million (up 60.25% YoY) and the FY2025 annual result came in at $253.0 million, down 1.56% from the prior year.
- Tax Provisions retreated to $210.0 million in Q2 2026, from $336.0 million in the prior quarter.
- In the past five years, Tax Provisions ranged from a high of $336.0 million in Q1 2026 to a low of -$399.0 million in Q4 2024.
- A 5-year average of $130.0 million and a median of $180.5 million in 2022 frame the typical range for Tax Provisions.
- Annual changes were most pronounced in 2024 — Tax Provisions sank 661.97% — and 2026, when it surged 121.05%.
- Tracing BKR's Tax Provisions over 5 years: 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 surged by 158.5% to $210.0 million in 2026.
- The last three Tax Provisions figures came in at $210.0 million (Q2 2026), $336.0 million (Q1 2026), and -$359.0 million (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 79.95 Bn | 75.87 Bn | 4.63 Bn | 204.00 Mn |
| 2 | Baker Hughes | 62.26 Bn | 46.53 Bn | 1.58 Bn | 210.00 Mn |
| 3 | Tenaris | 53.14 Bn | 44.12 Bn | 984.66 | -81,938.00 Bn |
| 4 | TechnipFMC | 30.70 Bn | 29.46 Bn | 1.40 Bn | 114.10 Mn |
| 5 | Halliburton | 29.75 Bn | 27.71 Bn | 2.10 Bn | 126.00 Mn |
| 6 | Nov | 7.28 Bn | 6.12 Bn | 521.00 Mn | 41.00 Mn |
| 7 | Weatherford International | 6.57 Bn | 5.43 Bn | 662.00 Mn | 33.00 Mn |
| 8 | Kodiak Gas Services | 5.74 Bn | 5.61 Bn | 246.76 Mn | 21.10 Mn |
| 9 | Archrock | 5.62 Bn | 5.62 Bn | 244.51 Mn | 25.82 Mn |
| 10 | Oceaneering International | 5.22 Bn | 4.59 Bn | 156.98 Mn | 22.50 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 210.00 Mn |
| 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 |