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BAKER HUGHES CO

LISTEDNASDAQ
SYMBOLBKR
SIC3533
STATE OF INC.DE
FISCAL YEAR ENDSDecember 31
CIK1701605

OIL & GAS FIELD MACHINERY & EQUIPMENT · LARGE ACCELERATED FILER · 10 FISCAL YEARS OF SEC XBRL DATA, 2016–2025

REVENUES, NET INCOME AND FREE CASH FLOW BY FISCAL YEAR$ billions-1001020302016201720182019202020212022202320242025RevenuesNet incomeFree cash flowEARNINGS AND DIVIDENDS PER SHARE$ per share-15.00-10.00-5.000.005.002016201720182019202020212022202320242025EPS dilutedDividends per share

Fiscal years labelled by the calendar year in which they end. Bars in $ billions; per-share figures as reported.

CAPITALIZATION 12/31/25

($ millions)Amount%
Total debt6,08724.4
Stockholders' equity18,83475.6
Total capitalization24,921100.0

992,674,071 shares outstanding at 23 July 2026 (cover page of the 10-Q filed 27 July 2026).

LONG-TERM DEBT 12/31/25

($ millions)Amount
Long-term debt, incl. current maturities6,087
Long-term debt, noncurrent5,398
Current maturities689

CAPITAL STOCK 12/31/25

Par or stated value per share ($)0.0001
Outstanding at 7/23/26992,674,071

DIVIDENDS DECLARED/PAID

Fiscal yearPer share $Payout %
2025––
2024––
2023––
2022––
2021––

HISTORY AND BUSINESS

HISTORY: Incorporated in Delaware. Formerly known as Baker Hughes a GE Co (to 10 October 2019); Bear Newco, Inc. (to 30 May 2017).

BUSINESS: Classified by the SEC under Standard Industrial Classification 3533, Oil & Gas Field Machinery & Equipment. Large accelerated filer. Principal executive office: 575 North Dairy Ashford Road, Suite 100, Houston, TX 77079-1121. Fiscal year ends December 31. For a description of the business, see Item 1 of the latest 10-K.

CONSOLIDATED INCOME ACCOUNT, YEARS ENDED

($ millions)12/31/2512/31/2412/31/23
Revenues27,73327,82925,506
Research and development600643651
Selling, general and administrative2,3872,4582,611
Depreciation and amortization1,1881,1361,087
Operating income–3,0812,317
Income before income taxes2,8773,2652,655
Income taxes253257685
Net income2,5882,9791,943
Earned per share, diluted ($)–2.981.91
Dividends per share ($)–––

CONSOLIDATED BALANCE SHEET

($ millions)12/31/2512/31/24
Receivables, net6,6417,122
Inventories4,9544,954
Total current assets18,82817,211
Property, plant and equipment, net5,3265,127
Goodwill6,0686,078
Total assets40,88138,363
Total current liabilities13,87712,991
Long-term debt5,3985,970
Stockholders' equity18,83416,895
Total liabilities and equity40,88138,363

TEN-YEAR STATISTICS: FISCAL YEARS ($ millions except per share)

Fiscal year endedRevenuesOper. incomeNet incomeNet margin %EPS diluted $Div. per share $Oper. cash flowCapital expend.Free cash flowTotal assetsTotal liabilitiesTotal debtStockholders' equityROE %Debt / equity
12/31/2527,733–2,5889.3––3,8101,2732,53740,88121,871d6,08718,83413.70.32
12/31/2427,8293,0812,97910.72.98–3,3321,2782,05438,36321,308d6,02316,89517.60.36
12/31/2325,5062,3171,9437.61.91–3,0621,2241,83836,94521,426d6,02015,36812.60.39
12/31/2221,1561,185(601)-2.8(0.61)–1,88898989934,18119,656d6,65814,394-4.20.46
12/31/2120,5021,310(219)-1.1(0.27)–2,3748561,51835,30818,562d6,72714,830-1.50.45
12/31/2020,705(15,978)(9,940)-48.0(14.73)–1,30497433038,00719,765d7,63312,893-77.10.59
12/31/1923,8381,0741280.50.23–2,1261,24088653,36918,870d6,62221,9290.60.30
12/31/1822,8777011950.90.45–1,76299576752,43917,426d7,22717,4651.10.41
12/31/1717,179(284)(103)-0.6(0.24)–(799)665(1,464)56,50018,090d8,34914,277-0.70.58
12/31/1613,08245700.0––262424(162)21,7217,441d27714,6880.00.02

Net margin = net income ÷ revenues; ROE = net income ÷ year-end stockholders’ equity; total debt = long-term debt including current maturities plus short-term borrowings/commercial paper, as tagged in XBRL; free cash flow = operating cash flow − purchases of property, plant and equipment; d = derived as total assets − total equity where the filing does not tag total liabilities; – = not reported in XBRL for that year.

REGISTRANT:

Baker Hughes Co
CIK 1701605 · EIN 81-4403168

PRINCIPAL OFFICE:

575 North Dairy Ashford Road, Suite 100, Houston, TX 77079-1121
Tel.: 713-439-8600

INCORPORATED:

Delaware

INDUSTRY (SEC SIC CODE):

3533 · Oil & Gas Field Machinery & Equipment

FILER STATUS:

Large accelerated filer

LATEST ANNUAL REPORT:

10-K for period ended 12/31/25, filed 5 February 2026

FORMER NAMES:

Baker Hughes a GE Co; Bear Newco, Inc.

RECENT FILINGS (ANNUAL REPORT REFERENCES BELOW):

9/9/268-Kperiod 9/9/26
7/27/2610-Qperiod 6/30/26
7/27/268-Kperiod 7/26/26
7/16/268-Kperiod 7/16/26
6/22/268-Kperiod 6/19/26
5/21/268-Kperiod 5/21/26
5/19/268-Kperiod 5/19/26
4/24/2610-Qperiod 3/31/26

Sources: SEC XBRL company facts (all financial figures) · SEC submissions (registrant, address, SIC, filings) · annual reports: 10-K FY2025 (filed 2/5/26) · 10-K FY2024 (filed 2/4/25) · 10-K FY2023 (filed 2/5/24) · 10-K FY2022 (filed 2/14/23) · 10-K FY2021 (filed 2/11/22) · 10-K FY2020 (filed 2/25/21) · 10-K FY2019 (filed 2/13/20) · 10-K FY2018 (filed 2/19/19). Values are the latest figures filed for each fiscal year (restated where a later 10-K restated them). Ratios and free cash flow are Pathos calculations from those figures. Retrieved 31 October 2026.

Data from SEC filings. © 2026 Pathos Investments · pathosinvestments.com · For educational purposes only. Not investment advice.

Data from SEC filings  ·  Educational only  ·  Not investment advice