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| 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 |