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Baker Hughes Company's Revenue (2016 - 2025)

  • Baker Hughes Company's annual revenue was $27.73 B in fiscal year 2025. The annual revenue decreased -$96.00 M from $27.83 B (in 2024) to $27.73 B (in 2025), representing a -0.34% year-over-year decline.

  • Baker Hughes Company's quarterly revenue was $6.59 B in the quarter ending Mar 2026. The quarterly revenue increased $160.00 M from $6.43 B (in Q1: Dec 2025) to $6.59 B (in Q1: Dec 2026), representing a 2.49% year-over-year growth.

    • Over the past 10 years (2016 - 2025):
  • The highest annual revenue for Baker Hughes Company was $27.83 B in fiscal year 2024.
  • The lowest annual revenue was $13.27 B in fiscal year 2016.
  • The average revenue was $22.06 B.

    • Learn more about Baker Hughes Company's Revenue by Segment and Revenue by Region.

    Check out competitors to Baker Hughes Company in a side-by-side comparison.

    Explore additional financial metrics for Baker Hughes Company.


    Definition of Revenue :
  • Revenue is the amount of money generated by a business from sales of its goods or services. Refer to our glossary for more details, examples, and formulas.
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Baker Hughes Company's Revenue Trend

2025

Baker Hughes Company's annual revenue was $27.73 B in fiscal year 2025.

Baker Hughes Company's quarterly revenue was $6.43 B(Q1: Mar 2025), $6.91 B(Q2: Jun 2025), $7.01 B(Q3: Sep 2025), $7.39 B(Q4: Dec 2025) in fiscal year 2025.

2024

Baker Hughes Company's annual revenue was $27.83 B in fiscal year 2024.

Baker Hughes Company's quarterly revenue was $6.42 B(Q1: Mar 2024), $7.14 B(Q2: Jun 2024), $6.91 B(Q3: Sep 2024), $7.36 B(Q4: Dec 2024) in fiscal year 2024.

2023

Baker Hughes Company's annual revenue was $25.51 B in fiscal year 2023.

Baker Hughes Company's quarterly revenue was $5.72 B(Q1: Mar 2023), $6.32 B(Q2: Jun 2023), $6.64 B(Q3: Sep 2023), $6.84 B(Q4: Dec 2023) in fiscal year 2023.

2022

Baker Hughes Company's annual revenue was $21.16 B in fiscal year 2022.

Baker Hughes Company's quarterly revenue was $4.84 B(Q1: Mar 2022), $5.05 B(Q2: Jun 2022), $5.37 B(Q3: Sep 2022), $5.91 B(Q4: Dec 2022) in fiscal year 2022.

2021

Baker Hughes Company's annual revenue was $20.50 B in fiscal year 2021.

Baker Hughes Company's quarterly revenue was $4.78 B(Q1: Mar 2021), $5.14 B(Q2: Jun 2021), $5.09 B(Q3: Sep 2021), $5.49 B(Q4: Dec 2021) in fiscal year 2021.

2020

Baker Hughes Company's annual revenue was $20.71 B in fiscal year 2020.

Baker Hughes Company's quarterly revenue was $5.43 B(Q1: Mar 2020), $4.74 B(Q2: Jun 2020), $5.05 B(Q3: Sep 2020), $5.50 B(Q4: Dec 2020) in fiscal year 2020.

2019

Baker Hughes Company's annual revenue was $23.84 B in fiscal year 2019.

Baker Hughes Company's quarterly revenue was $5.62 B(Q1: Mar 2019), $5.99 B(Q2: Jun 2019), $5.88 B(Q3: Sep 2019), $6.35 B(Q4: Dec 2019) in fiscal year 2019.

2018

Baker Hughes Company's annual revenue was $22.88 B in fiscal year 2018.

Baker Hughes Company's quarterly revenue was $5.40 B(Q1: Mar 2018), $5.55 B(Q2: Jun 2018), $5.67 B(Q3: Sep 2018), $6.26 B(Q4: Dec 2018) in fiscal year 2018.

2017

Baker Hughes Company's annual revenue was $17.18 B in fiscal year 2017.

Baker Hughes Company's quarterly revenue was $3.06 B(Q1: Mar 2017), $3.02 B(Q2: Jun 2017), $5.30 B(Q3: Sep 2017), $5.76 B(Q4: Dec 2017) in fiscal year 2017.

2016

Baker Hughes Company's annual revenue was $13.27 B in fiscal year 2016.

Baker Hughes Company's quarterly revenue was $3.41 B(Q1: Mar 2016), $3.32 B(Q2: Jun 2016), $3.02 B(Q3: Sep 2016), $3.52 B(Q4: Dec 2016) in fiscal year 2016.

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Baker Hughes Company's Revenue (Year-over-Year Change)

2015 0
2016 -20.49
2017 +29.47
2018 +33.17
2019 +4.20
2020 -13.14
2021 -0.98
2022 +3.19
2023 +20.56
2024 +9.11
2025 -0.34

2025

Baker Hughes Company’s annual revenue decreased -0.34% during fiscal year 2025 compared to 2024. It represents a decline of $96.00 M from $27.83 B (in 2024) to $27.73 B (in 2025).

2024

Baker Hughes Company’s annual revenue increased +9.11% during fiscal year 2024 compared to 2023. It represents a growth of $2.32 B from $25.51 B (in 2023) to $27.83 B (in 2024).

2023

Baker Hughes Company’s annual revenue increased +20.56% during fiscal year 2023 compared to 2022. It represents a growth of $4.35 B from $21.16 B (in 2022) to $25.51 B (in 2023).

2022

Baker Hughes Company’s annual revenue increased +3.19% during fiscal year 2022 compared to 2021. It represents a growth of $654.00 M from $20.50 B (in 2021) to $21.16 B (in 2022).

2021

Baker Hughes Company’s annual revenue decreased -0.98% during fiscal year 2021 compared to 2020. It represents a decline of $203.00 M from $20.71 B (in 2020) to $20.50 B (in 2021).

2020

Baker Hughes Company’s annual revenue decreased -13.14% during fiscal year 2020 compared to 2019. It represents a decline of $3.13 B from $23.84 B (in 2019) to $20.71 B (in 2020).

2019

Baker Hughes Company’s annual revenue increased +4.20% during fiscal year 2019 compared to 2018. It represents a growth of $961.00 M from $22.88 B (in 2018) to $23.84 B (in 2019).

2018

Baker Hughes Company’s annual revenue increased +33.17% during fiscal year 2018 compared to 2017. It represents a growth of $5.70 B from $17.18 B (in 2017) to $22.88 B (in 2018).

2017

Baker Hughes Company’s annual revenue increased +29.47% during fiscal year 2017 compared to 2016. It represents a growth of $3.91 B from $13.27 B (in 2016) to $17.18 B (in 2017).

2016

Baker Hughes Company’s annual revenue decreased -20.49% during fiscal year 2016 compared to 2015. It represents a decline of $3.42 B from $16.69 B (in 2015) to $13.27 B (in 2016).

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Baker Hughes Company Revenue History

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Period Revenue Year-over-Year Change
FY 2025
$27.73 B -$96.00 M 0.34%
Q4: Dec 25 $7.39 B $22.00 M 0.3%
Q3: Sep 25 $7.01 B $102.00 M 1.48%
Q2: Jun 25 $6.91 B -$229.00 M 3.21%
Q1: Mar 25 $6.43 B $9.00 M 0.14%
FY 2024
$27.83 B $2.32 B 9.11%
Q4: Dec 24 $7.36 B $529.00 M 7.74%
Q3: Sep 24 $6.91 B $267.00 M 4.02%
Q2: Jun 24 $7.14 B $824.00 M 13.05%
Q1: Mar 24 $6.42 B $702.00 M 12.28%
FY 2023
$25.51 B $4.35 B 20.56%
Q4: Dec 23 $6.84 B $930.00 M 15.75%
Q3: Sep 23 $6.64 B $1.27 B 23.69%
Q2: Jun 23 $6.32 B $1.27 B 25.12%
Q1: Mar 23 $5.72 B $881.00 M 18.22%
FY 2022
$21.16 B $654.00 M 3.19%
Q4: Dec 22 $5.91 B $420.00 M 7.66%
Q3: Sep 22 $5.37 B $276.00 M 5.42%
Q2: Jun 22 $5.05 B -$95.00 M 1.85%
Q1: Mar 22 $4.84 B $53.00 M 1.11%
FY 2021
$20.50 B -$203.00 M 0.98%
Q4: Dec 21 $5.49 B -$10.00 M 0.18%
Q3: Sep 21 $5.09 B $44.00 M 0.87%
Q2: Jun 21 $5.14 B $406.00 M 8.57%
Q1: Mar 21 $4.78 B -$643.00 M 11.85%
FY 2020
$20.71 B -$3.13 B 13.14%
Q4: Dec 20 $5.50 B -$852.00 M 13.42%
Q3: Sep 20 $5.05 B -$833.00 M 14.16%
Q2: Jun 20 $4.74 B -$1.26 B 20.99%
Q1: Mar 20 $5.43 B -$190.00 M 3.38%
FY 2019
$23.84 B $961.00 M 4.2%
Q4: Dec 19 $6.35 B $83.00 M 1.33%
Q3: Sep 19 $5.88 B $217.00 M 3.83%
Q2: Jun 19 $5.99 B $446.00 M 8.04%
Q1: Mar 19 $5.62 B $216.00 M 4%
FY 2018
$22.88 B $5.70 B 33.17%
Q4: Dec 18 $6.26 B $501.00 M 8.69%
Q3: Sep 18 $5.67 B $364.00 M 6.87%
Q2: Jun 18 $5.55 B $2.53 B 84.01%
Q1: Mar 18 $5.40 B $2.34 B 76.21%
FY 2017
$17.18 B $3.91 B 29.47%
Q4: Dec 17 $5.76 B $2.25 B 63.91%
Q3: Sep 17 $5.30 B $2.28 B 75.3%
Q2: Jun 17 $3.02 B -$307.00 M 9.24%
Q1: Mar 17 $3.06 B -$343.00 M 10.07%
FY 2016
$13.27 B -$3.42 B 20.49%
Q4: Dec 16 $3.52 B -
Q3: Sep 16 $3.02 B -
Q2: Jun 16 $3.32 B -
Q1: Mar 16 $3.41 B -

Frequently Asked Questions

What is the annual revenue of Baker Hughes Company?

In fiscal year 2025, Baker Hughes Company's revenue was $27.73 Billion.

How much did Baker Hughes Company's revenue change in the last year?

Baker Hughes Company's revenue decreased by -0.34% (-$96.00 Million) in 2025 compared to 2024.

What is Baker Hughes Company's most recent quarterly revenue?

In the first quarter (Q1) of 2026, Baker Hughes Company reported a revenue of $6.59 Billion.

What is Baker Hughes Company's revenue per share (TTM)?

Baker Hughes Company's revenue per share over the trailing twelve months is $28.17.

What is Baker Hughes Company's revenue per employee?

In the fiscal year 2025, Baker Hughes Company's revenue per employee was $495.23 K.

What is the annual net income of Baker Hughes Company?

In fiscal year 2025, Baker Hughes Company's net income was $2.66 Billion.

What is Baker Hughes Company's biggest product segment, and what is its revenue?

Oilfield Services And Equipment is Baker Hughes Company's biggest product segment, generating $14.32 Billion in revenue for fiscal year 2025.

What is Baker Hughes Company's net income per employee?

In the fiscal year 2025, Baker Hughes Company's net income per employee was $47.50 K.

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