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Baker Hughes Company 10-Q Filings

BKR NASDAQ

Every 10-Q that Baker Hughes Company (BKR) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.

A 10-Q covers the quarterly report filed between annual reports, so if you follow BKR and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full BKR filings page.

Rhea-AI Summary

Baker Hughes Company reported second‑quarter 2026 revenue of $6.7B, down slightly from 2025, with net income attributable to the company of $681M and diluted EPS of $0.68. For the first six months, net income rose to $1.61B, largely driven by about $697M of gains on business dispositions, including the sale of the PSI business and formation of a Surface Pressure Control joint venture.

Operating cash flow increased to $1.85B, and cash and cash equivalents climbed to $15.7B, supported by a $6.5B U.S. dollar notes issue, €3.0B of euro notes, and new term loans used to finance the $13.6B Chart Industries acquisition completed in July 2026. Total debt rose to $16.25B. OFSE revenue fell 5% and EBITDA 11% on Middle East disruptions and the SPC disposition, while IET EBITDA grew 16% on pricing and productivity with flat revenue. Second‑quarter orders reached $10.5B, and remaining performance obligations totaled $40.1B, heavily weighted to IET. The company also agreed to sell its Waygate Technologies business for approximately $1.45B and reports continued progress toward its net‑zero emissions goals.

Rhea-AI Summary

Baker Hughes reported a strong first quarter of 2026, driven by asset sales and growth in its industrial businesses. Revenue reached $6.6 billion, up 2% year over year, as Industrial & Energy Technology climbed 14% to $3.35 billion while Oilfield Services & Equipment fell 7% to $3.24 billion.

Net income more than doubled to $938 million, helped by a $721 million gain on business disposals and higher segment EBITDA. The company issued $6.5 billion of U.S. dollar notes and €3.0 billion of euro notes to help fund the planned $13.6 billion cash acquisition of Chart Industries, lifting long‑term debt to $15.4 billion.

Cash and cash equivalents surged to $14.8 billion, supported by debt proceeds and $1.2 billion from selling the Precision Sensors & Instrumentation business plus the Surface Pressure Control joint venture. Orders rose to $8.2 billion and remaining performance obligations reached $36.1 billion, underscoring a sizable contracted backlog. The company maintained a quarterly dividend of $0.23 per share and recorded $37 million of restructuring charges as it adjusts its portfolio.

Rhea-AI Summary

Baker Hughes (BKR) reported Q3 2025 results with total revenue of $7,010 million, up slightly from $6,908 million a year ago. Net income attributable to the company was $609 million versus $766 million, and diluted EPS was $0.61 versus $0.77. Year-to-date revenue was $20,347 million compared with $20,465 million in 2024, while operating cash flow held steady at $2,148 million.

The Industrial & Energy Technology segment grew to $3,374 million from $2,945 million, led by Gas Technology, while Oilfield Services & Equipment declined to $3,636 million from $3,963 million. Segment EBITDA totaled $1,306 million, with OFSE at $671 million and IET at $635 million.

Strategic moves were prominent. Baker Hughes agreed to acquire Chart Industries for $210 per share in cash, implying a $13.6 billion enterprise value, expected to close mid-2026, and secured financing via a $14.9 billion bridge facility and a $2.6 billion delayed‑draw term loan, both undrawn at quarter end. The company acquired Continental Disc Corporation for $553 million and classified two businesses as held for sale, including a $1.15 billion sale of Precision Sensors & Instrumentation and a Surface Pressure Control joint venture expected to yield about $345 million.

The company repurchased 9.8 million shares for $384 million year‑to‑date and paid a quarterly dividend of $0.23 per share. Remaining performance obligations were $35.3 billion.