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| Date | Value |
|---|---|
| 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 |