Inferra AIResearch Tools

Inferra AI / Company / BKR

Baker Hughes

BKR · Energy

Last earnings Oct 27, 2026

Key results

Revenuequarter

$7.0 billion

Revenue of $7.0 billion, up 1% year-over-year.

SEC original ↗Baker Hughes — Earnings release (8-K exhibit)EX-99Oct 23, 2025

Growthquarter

up 1%

Revenue of $7.0 billion, up 1% year-over-year.

SEC original ↗Baker Hughes — Earnings release (8-K exhibit)EX-99Oct 23, 2025

Attributable net incomequarter

$609 million

Attributable net income of $609 million.

SEC original ↗Baker Hughes — Earnings release (8-K exhibit)EX-99Oct 23, 2025

GAAP EPSquarter

$0.61

GAAP diluted EPS of $0.61 and adjusted diluted EPS* of $0.68.

SEC original ↗Baker Hughes — Earnings release (8-K exhibit)EX-99Oct 23, 2025

Adjusted EPSquarter

$0.68

GAAP diluted EPS of $0.61 and adjusted diluted EPS* of $0.68.

SEC original ↗Baker Hughes — Earnings release (8-K exhibit)EX-99Oct 23, 2025

Free cash flowquarter

$699 million

Cash flows from operating activities of $929 million and free cash flow* of $699 million.

SEC original ↗Baker Hughes — Earnings release (8-K exhibit)EX-99Oct 23, 2025

3 Baker Hughes Company News Release Baker Hughes Company Announces Third-Quarter 2025 Results Consolidated Financial Results Revenue for the quarter was $7,010 million, an increase of $100 million, or 1% sequentially, and up $102 million, or 1% year-over-year.

SEC original ↗Baker Hughes — Earnings release (8-K exhibit)EX-99Oct 23, 2025

Net incomequarter

$609 million

Net income as determined in accordance with accounting principles generally accepted in the United States of America ( GAAP ) for the third quarter of 2025 was $609 million.

SEC original ↗Baker Hughes — Earnings release (8-K exhibit)EX-99Oct 23, 2025

Adjusted net incomequarter

$678 million

Adjusted net income (a non-GAAP financial measure) for the third quarter of 2025 was $678 million, which excludes adjustments totaling $69 million.

SEC original ↗Baker Hughes — Earnings release (8-K exhibit)EX-99Oct 23, 2025

Adjusted net income for the third quarter of 2025 was up $55 million, or 9% sequentially, and up $12 million, or 2% year-over-year.

SEC original ↗Baker Hughes — Earnings release (8-K exhibit)EX-99Oct 23, 2025

AI analysis

Q3 2025 · reported Oct 23, 2025

Based on: Earnings release + parent 8-K + 10-K — transcript not held

Revenue · Q3 2025
$7.0B
EX-99 · Oct 23, 2025
GAAP EPS · Q3 2025
$0.61
EX-99 · Oct 23, 2025
Free cash flow · Q3 2025
$699M
EX-99 · Oct 23, 2025
Attributable net income · Q3 2025
$609M
EX-99 · Oct 23, 2025

Headline figures

MetricQ3 2025Prior qtrYear ago
Revenue$7.0 billion——
Growthup 1%——
Attributable net income$609 million——
GAAP EPS$0.61——
Adjusted EPS$0.68——
Free cash flow$699 million——
Net income$609 million——
Adjusted net income$678 million——

EX-99 · Oct 23, 2025

Guidance · company-stated

Direction: raised

No guidance located in the held release

Outlook statement

“Broad-based demand across data centers, space, LNG and gas infrastructure, together with ongoing capacity expansions, reinforces our long-term growth outlook and supports raising our full-year IET order guidance and Horizon 2 (1) IET order outlook to $50 billion plus.”

Next earningsNo verified date on fileNo date is estimated or imported

Cash flow & capex

Free cash flow$699M

Capital allocation

Capital expenditures, net of proceeds from disposal of assets, were $230 million for the third quarter of 2025, of which $148 million was for OFSE and $67 million was for IET.

, Suite 100 Houston, Texas 77079-1121 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: ( 713 ) 439-8600 Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol Name of each exchange on which registered Class A Common Stock, $0.0001 Par Value per Share BKR The Nasdaq Stock Market LLC 5.125% Senior Notes due 2040 of Baker Hughes Holdings LLC and Baker Hughes Co-Obligor, Inc.

General educational research only — not investment advice.Every figure is as stated in the held documents; values marked “computed from stated figures” are arithmetic on those stated figures. Guidance shown is the company’s own stated guidance. No price targets, no recommendations, no consensus estimates.

Event summary

Baker Hughes Company Announces Third-Quarter 2025 Results Third-quarter highlights Orders of $8.2 billion, including $4.1 billion of IET orders

Based on: Earnings release + parent 8-K + 10-K — transcript not held

Guidance & outlook

No guidance located in the held release

Capital allocation

Capital expenditures, net of proceeds from disposal of assets, were $230 million for the third quarter of 2025, of which $148 million was for OFSE and $67 million was for IET.

SEC original ↗Baker Hughes — Earnings release (8-K exhibit)EX-99Oct 23, 2025

, Suite 100 Houston, Texas 77079-1121 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: ( 713 ) 439-8600 Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol Name of each exchange on which registered Class A Common Stock, $0.0001 Par Value per Share BKR The Nasdaq Stock Market LLC 5.125% Senior Notes due 2040 of Baker Hughes Holdings LLC and Baker Hughes Co-Obligor, Inc.

SEC original ↗Baker Hughes — 10-K Annual report10-KFeb 5, 2026

The Board's Finance Committee provides oversight of our financial and investment policies and of our principal finance, banking, and treasury matters, including our capital structure (both equity and debt) and the principal terms of related financing transactions and requirements.

SEC original ↗Baker Hughes — 10-K Annual report10-KFeb 5, 2026

Strategy & priorities

Quarter Highlights Executing our portfolio management strategy In the third quarter, Baker Hughes continued to advance its portfolio management strategy with the announcement of its intent to acquire Chart Industries, Inc.

SEC original ↗Baker Hughes — Earnings release (8-K exhibit)EX-99Oct 23, 2025

Baker Hughes' advanced compressor technology will contribute to the customer's strategic goal to process incremental NGL, ensuring critical energy supply.

SEC original ↗Baker Hughes — Earnings release (8-K exhibit)EX-99Oct 23, 2025

In South America, Ecopetrol awarded Baker Hughes a multi-year contract to provide ESP and electro-driven PCP systems to support Colombia's strategy to enhance oil production while reducing lifting costs per barrel.

SEC original ↗Baker Hughes — Earnings release (8-K exhibit)EX-99Oct 23, 2025

The sequential increase in adjusted net income and Adjusted EBITDA was primarily driven by favorable mix, favorable foreign exchange rates ( FX ), and structural cost-out initiatives, partially offset by lower cost productivity.

SEC original ↗Baker Hughes — Earnings release (8-K exhibit)EX-99Oct 23, 2025

The year-over-year increase in adjusted net income and Adjusted EBITDA was driven by structural cost-out initiatives, and favorable FX, partially offset by lower volume and cost inflation.

SEC original ↗Baker Hughes — Earnings release (8-K exhibit)EX-99Oct 23, 2025

Risks & headwinds

There are many risks and uncertainties that could cause actual results to differ materially from our forward-looking statements.

SEC original ↗Baker Hughes — Earnings release (8-K exhibit)EX-99Oct 23, 2025

Legal Proceedings 32 Item 4.

SEC original ↗Baker Hughes — 10-K Annual report10-KFeb 5, 2026

We may be subject to litigation and infringement claims, which could cause us to incur significant expenses or prevent us from selling our products or services.

SEC original ↗Baker Hughes — 10-K Annual report10-KFeb 5, 2026

Tariffs caused some global supply chain unease in early 2025 and we expect continued management of these impacts to continue in 2026.

SEC original ↗Baker Hughes — 10-K Annual report10-KFeb 5, 2026

Our procurement teams utilize advanced planning and may enter into strategic agreements with our global suppliers to minimize price impacts and other availability challenges.

SEC original ↗Baker Hughes — 10-K Annual report10-KFeb 5, 2026

We recognize climate change as both a challenge and an opportunity, and our commitments are centered on emissions reduction.

SEC original ↗Baker Hughes — 10-K Annual report10-KFeb 5, 2026

Documents

Earnings deck slides

0 decks with slide view

Baker Hughes — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

Competitors

Competitors & peers

Named in the company’s own filings

Waste Management (WM)“Well Construction focuses on drilling and includes drilling services (directional drilling, logging-while-drilling, surface logging, and remote operations), drill bits (polycrystalline, roller cone, hybrid, and in-bit sensing), and drilling & completion fluids (emulsion-based, water-based, specialty, drill-in, and completion fluids; and waste management).”Halliburton (HAL)“OFSE competitors include SLB, Halliburton, NOV, Weatherford, and TechnipFMC.”TechnipFMC (FTI)“OFSE competitors include SLB, Halliburton, NOV, Weatherford, and TechnipFMC.”Caterpillar Inc. (CAT)“IET main competitors include Siemens Energy, Solar (a Caterpillar company), Mitsubishi Heavy Industry, Sulzer, Flowserve, and Emerson.”Flowserve Corp (FLS)“IET main competitors include Siemens Energy, Solar (a Caterpillar company), Mitsubishi Heavy Industry, Sulzer, Flowserve, and Emerson.”

Filings

63 documents

Earnings releases

27 documents

Presentations

1 document

Transcripts

0 documents

No transcripts for Baker Hughes are held in this edition of the library.

Mentioned by

7 companies

Other tracked companies whose held documents mention Baker Hughes by name or ticker. A mention is counted once per document, from the document text the library holds.

See also the earnings calendar for every tracked company’s next earnings date.