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Baker Hughes Company 8-K Filings

BKR NASDAQ

Every 8-K 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 8-K covers material events a company has to report between its quarterly 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 (BKR) released an investor presentation tied to a CEO appearance at the Barclays 2026 Energy-Power Conference, providing updated fiscal-year 2026 guidance and details on integrating the recently acquired Chart Industries into its portfolio.

For 2026, Baker Hughes guides to total revenue of $28.5–$30.3 billion and Adjusted EBITDA of $4.875–$5.475 billion, implying a free cash flow conversion of 40–45% and an adjusted effective tax rate of 22–26%. Segment guidance includes OFSE revenue of $13.5–$14.2 billion with EBITDA of $2.3–$2.55 billion, IET revenue of $13.15–$13.85 billion with EBITDA of $2.6–$2.85 billion, and Chart revenue of $1.85–$2.25 billion with EBITDA of $300–$400 million.

The presentation outlines a strategy to use the Chart acquisition to expand in industrial and infrastructure markets, target Chart EBITDA margins of 22–23% by the second half of 2028, and capture cost and commercial synergies, with $35 million of cost synergies already executed. Baker Hughes reports record IET backlog with Remaining Performance Obligations above $45 billion and a medium-term leverage target of 1.0–1.5× by the second half of 2028, while emphasizing use of non‑GAAP measures such as Adjusted EBITDA and free cash flow.

Rhea-AI Summary

Baker Hughes Company reported strong second‑quarter 2026 results, highlighted by orders of $10.5 billion, including a record $7.1 billion from Industrial & Energy Technology (IET), and Remaining Performance Obligations of $40.1 billion with record IET RPO of $37.1 billion. Revenue was $6.7 billion and net income attributable to Baker Hughes was $681 million, or $0.68 GAAP diluted EPS. Adjusted net income was $640 million, adjusted diluted EPS $0.64, and adjusted EBITDA $1.23 billion, up sequentially and year‑over‑year.

Cash flow from operating activities reached $1.35 billion and free cash flow was $1.11 billion. Segment performance was solid: Oilfield Services & Equipment delivered $3.45 billion of revenue and $605 million EBITDA, while IET generated $3.29 billion of revenue and $678 million EBITDA with a higher margin. Management cited disciplined execution, favorable demand across data center, gas infrastructure and upstream markets, and ongoing cost‑out initiatives.

Strategically, the company completed the all‑cash acquisition of Chart Industries and announced the $1.45 billion all‑cash sale of Waygate Technologies to Hexagon, advancing its portfolio management strategy and expanding capabilities in thermal management, gas handling, and industrial and energy markets. Management also raised full‑year IET order guidance and increased the Horizon 2 IET orders outlook to more than $45 billion.

Rhea-AI Summary

Baker Hughes Company completed its acquisition of Chart Industries, merging its Tango Merger Sub into Chart, which now operates as an indirect subsidiary and a new reporting segment. Each outstanding share of Chart common stock (other than excluded and appraisal shares) was converted into the right to receive $210.00 in cash, and certain stock options and stock units were converted into cash based on this amount while higher-priced options were canceled. Baker Hughes funded the cash consideration using cash on hand, $6.5 billion and €3.0 billion of senior notes issued in March 2026 and $2.0 billion of new senior unsecured term loans under two $1.0 billion facilities, while terminating $2.6 billion of unused commitments under a prior delayed draw term loan facility.

Chart becomes a dedicated segment reflecting its scale and specialization in air and gas handling, thermal management and lifecycle services; it reported $4.3 billion of revenue in fiscal 2025 and serves customers in more than 50 countries. Baker Hughes expects the combination to enhance recurring aftermarket services and targets $325 million in annualized cost synergies within three years, supported by an integration program led by a newly appointed segment leader. Despite the additional debt, Baker Hughes states a net leverage target of 1.0–1.5x within 24 months and highlights customary representations, covenants and default provisions in the new term loan credit agreements.

Rhea-AI Summary

Baker Hughes Company provided an update on its planned acquisition of Chart Industries, Inc. under their previously announced Merger Agreement. Baker Hughes and Chart are in discussions with the European Commission about potential commitments to secure Phase I antitrust clearance.

The companies state that any proposed commitments are not expected to change the commercial rationale or expected benefits of the merger. Based on the European Commission’s review timetable and customary closing conditions, Baker Hughes continues to expect the merger to close in July 2026.

Rhea-AI Summary

Baker Hughes Company provides an update on its planned acquisition of Chart Industries, Inc. Baker Hughes previously agreed on July 28, 2025 to acquire Chart through a merger, with Chart becoming an indirect wholly owned subsidiary.

The companies have completed their pre-notification process with the European Commission, and on May 21, 2026 Baker Hughes filed a Form CO, starting the Commission’s Phase I review period. Based on prescribed timelines and subject to European Commission approval, other regulatory clearances and customary closing conditions, Baker Hughes currently expects the merger to close in July 2026.

Rhea-AI Summary

Baker Hughes Company held its 2026 annual meeting, where stockholders approved two key equity plans and all director nominees. Investors approved the 2026 Long-Term Incentive Plan, which adds a reserve of 9,500,000 new Class A shares, plus any remaining shares under the 2021 plan after March 16, 2026. They also approved changes to the Employee Stock Purchase Plan, increasing its share pool by 9,500,000 to a total of 14,408,532 shares reserved for issuance.

All ten director nominees were elected and the executive compensation program received majority support in an advisory vote. KPMG LLP was ratified as independent registered public accounting firm for fiscal year 2026. As of March 23, 2026, 991,757,347 shares were outstanding, with 911,637,899 represented at the meeting, satisfying quorum requirements.

Rhea-AI Summary

Baker Hughes Company reported strong first‑quarter 2026 results, with revenue of $6.6 billion, up 2% year‑over‑year, and net income of $930 million, more than doubling versus a year ago.

Adjusted EBITDA was $1.16 billion, up 12% year‑over‑year, while free cash flow was $210 million. Orders reached $8.2 billion, driving a record $36.1 billion backlog, led by Industrial & Energy Technology with record IET RPO of $33.1 billion.

The company advanced its portfolio strategy, closing divestitures and a joint venture expected to generate about $3 billion of 2026 gross proceeds, and highlighted major LNG, gas infrastructure, carbon capture and geothermal awards that support long‑term energy infrastructure growth.

Rhea-AI Summary

Baker Hughes Company has completed major U.S. dollar and euro bond offerings to help finance its pending acquisition of Chart Industries. Through its subsidiaries, the company issued $6.5 billion of senior unsecured notes in five tranches and €3 billion of senior unsecured notes in four tranches, all fully and unconditionally guaranteed by Baker Hughes. The notes carry fixed coupons ranging from 3.226% to 5.850% and mature between 2029 and 2056. Baker Hughes plans to use the net proceeds, together with cash on hand and an existing term loan, to fund part of the cash portion of the Chart acquisition, pay related fees and expenses, and repay Chart’s outstanding debt. If the Chart acquisition is not completed, the notes are subject to a special mandatory redemption at 101% of principal, giving investors protection tied to deal completion.

Rhea-AI Summary

Baker Hughes Company filed an 8-K providing the audited 2025 financial statements of its proposed acquisition target, Chart Industries, along with an unqualified audit opinion and clean internal control opinion from Deloitte & Touche.

Chart posted 2025 sales of $4,264.0 million, up from $4,160.3 million in 2024, with $3,275.4 million recognized over time on long-term contracts. However, net income attributable to Chart fell to $40.7 million and diluted EPS dropped to $0.30, largely due to a $266.0 million termination fee expense tied to ending a prior Flowserve merger agreement.

Chart’s balance sheet at year-end 2025 showed total assets of $9,806.4 million, total liabilities of $6,430.7 million and total equity of $3,375.7 million. Backlog, reflected as remaining performance obligations, was $5,886.2 million, with about 44% expected to convert to revenue within 12 months, highlighting substantial contracted work ahead of the planned cash merger at $210.00 per Chart share, subject to closing conditions.

Rhea-AI Summary

Baker Hughes Company furnished an earnings news release covering its financial results for the quarter and year ended December 31, 2025. The release is provided as Exhibit 99.1 to this Form 8-K and is treated as “furnished,” not “filed,” under securities law, which affects how it may be used in certain legal contexts.

The company plans to discuss these fourth-quarter and full-year 2025 results on a conference call on January 26, 2026, which will be webcast live via its investor website, with an archived replay available for one month. The release and call reference both GAAP figures and non-GAAP financial measures, with reconciliations to the nearest GAAP measures included in the news release.

Rhea-AI Summary

Baker Hughes Company announced a key regulatory milestone for its planned acquisition of Chart Industries. The waiting period under the Hart-Scott-Rodino Act expired at 11:59 p.m. Eastern Time on November 6, 2025, satisfying one of the conditions required to complete the merger.

The companies continue to expect the transaction to close in mid-year 2026, subject to customary closing conditions and receipt of other applicable regulatory approvals. Chart would become an indirect wholly owned subsidiary of Baker Hughes upon completion. The filing also reiterates standard forward-looking statement cautions about integration, financing, regulatory approvals, and timing risks.

Rhea-AI Summary

Baker Hughes (BKR) furnished an 8-K announcing its news release for the quarter ended September 30, 2025, provided as Exhibit 99.1. The company will host a live earnings webcast on October 24, 2025 at 9:30 a.m. ET (8:30 a.m. CT) via its investor website, with an archive available for one month.

The furnished items under Items 2.02 and 7.01 are not deemed “filed” under the Exchange Act. The release includes GAAP results and certain non-GAAP financial measures with reconciliations. Securities listed include Class A Common Stock (BKR) and 5.125% Senior Notes due 2040 (BKR40).

Rhea-AI Summary

Baker Hughes (BKR) announced an executive transition. On October 7, 2025, Ganesh Ramaswamy resigned as Executive Vice President, Industrial & Energy Technology to pursue another opportunity. Effective October 24, 2025, Maria Claudia Borras, age 56, will assume the role on an interim basis while continuing as Chief Growth and Experience Officer.

Borras brings more than 30 years of experience at the company, previously serving as Executive Vice President of Oilfield Services & Equipment (2022–2024) and Executive Vice President of Oilfield Services (2017–2022). The company stated there are no arrangements or understandings related to her selection, no family relationships with directors or executive officers, and no related‑party transactions under Item 404(a).

Rhea-AI Summary

Baker Hughes Company disclosed a new Term Loan Credit Agreement dated August 15, 2025 among Baker Hughes Holdings LLC (borrower), Baker Hughes Company (parent guarantor), the lenders and Goldman Sachs Bank USA as Administrative Agent. The agreement references pricing tied to the companys credit Ratings (Standard & Poors or Moodys): either a non-credit enhanced long-term debt determination or the Alternate Base Rate plus an applicable margin of 0bps or 12.5bps depending on BHHs Ratings. The filing includes a signed cover page interactive data file and is dated August 18, 2025, signed by Fernando Contreras, Vice President, Chief Compliance Officer & Corporate Secretary.

Rhea-AI Summary

Material event: On 28 Jul 2025 Baker Hughes (BKR) entered into a definitive Agreement and Plan of Merger with Chart Industries (Chart) to acquire 100 % of Chart for $210.00 cash per share. Tango Merger Sub will merge into Chart, which will survive as an indirect wholly-owned subsidiary.

Key terms

  • Boards of both companies unanimously approved the transaction.
  • Conditions include Chart shareholder approval, HSR expiration and other antitrust clearances, no governmental restraints, accuracy of reps & warranties and absence of a Chart material adverse effect.
  • No financing condition. Baker Hughes obtained a 364-day senior unsecured bridge facility up to $14.9 bn from Goldman Sachs & Morgan Stanley to fund consideration and costs; commitments shrink as permanent debt or asset-sale proceeds are raised.
  • Termination fees: Chart pays Baker Hughes $250 m in certain scenarios; Baker Hughes pays Chart $500 m if the deal is blocked or not closed by the outside date (one year plus up to two automatic six-month extensions).
  • Baker Hughes will fund Flowserve’s prior break-up fee and expenses totalling $258 m, reimbursable by Chart if the merger terminates under specified triggers.

Joint press release (Ex. 99.1) and investor presentation (Ex. 99.2) were issued on 29 Jul 2025. The filing contains customary forward-looking-statement disclaimers.