stockrowBaker Hughes Company
BKR Energy Oil & Gas Equipment & Services
Baker Hughes Company’s revenue for fiscal 2025 (year ended December 2025) was $27.7 billion, roughly unchanged from fiscal 2024.
- Revenue
- +14.5%
- EPS
- −31.5%
- Free cash flow
- +10.0%
- Total debt
- +201.6%
Quarter to September 2026, against a year earlier
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Baker Hughes Company (BKR) Gross margin
Baker Hughes Company's gross margin over the twelve months to 30 September 2026 was 23.5%, down 0.1 percentage points from fiscal 2025 (23.6%). Over the past ten years it has ranged from 15.5% (fiscal 2020) to 26.9% (fiscal 2015); the current reading is higher than 91% of that period. That is in line with the Oil & Gas Equipment & Services industry median of 22.9% and below the Energy sector median of 42.1%.
Gross margin, annual
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Annual newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| FY2025 | 23.6% | 0.30 |
| FY2024 | 23.3% | 0.16 |
| FY2023 | 23.1% | 2.34 |
| FY2022 | 20.8% | 1.05 |
| FY2021 | 19.8% | 4.30 |
| FY2020 | 15.5% | (3.14) |
| FY2019 | 18.6% | 1.17 |
| FY2018 | 17.4% | (0.25) |
| FY2017 | 17.7% | (4.74) |
| FY2016 | 22.4% | (4.53) |
Quarterly newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| Sep 2026 | 24.0% | 0.63 |
| Jun 2026 | 23.4% | 0.56 |
| Mar 2026 | 22.8% | (0.90) |
| Dec 2025 | 23.7% | (0.54) |
| 43 more quarters | Free account |
Against its own ten years
Gross margin against peers
| Company | Gross margin |
|---|---|
| AROC Archrock, Inc. compare | 67.5% |
| TS Tenaris S.A. compare | 33.9% |
| WHD Cactus, Inc. compare | 33.5% |
| WFRD Weatherford International PLC compare | 30.8% |
| FTI TechnipFMC plc compare | 23.6% |
| BKR Baker Hughes Company | 23.5% |
| NOV NOV Inc. compare | 20.7% |
| SLB SLB Limited compare | 16.3% |
| HAL Halliburton Company compare | 14.9% |
| Oil & Gas Equipment & Services industry median | 22.9% |
| Energy sector median | 42.1% |
| Market median | 45.1% |
What Gross margin is
Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.
Gross Profit ÷ Revenue
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