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Revenue breakdown by Products & Services
Revenue breakdown by Geography

Baker Hughes Company's Revenue by Segment

In fiscal year 2024, Baker Hughes Company's revenue by segment (products & services) are as follows:

  • Industrial And Energy Technology: $12.20 B
  • Oilfield Services And Equipment: $15.63 B

Learn more about Baker Hughes Company’s Revenue by Geography

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Explore additional financial metrics for Baker Hughes Company.

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The above chart shows Baker Hughes Company's revenue percentage share by segment (products and services).

In fiscal year 2022, Baker Hughes Company's revenue by segment is as follows:

  • Industrial And Energy Technology generated $7.93 B in revenue, representing 37.47% of its total revenue.
  • Oilfield Services And Equipment generated $13.23 B in revenue, representing 62.53% of its total revenue.

The biggest segment for Baker Hughes Company is the Oilfield Services And Equipment, which represents 62.53% of its total revenue.
The smallest segment for Baker Hughes Company is the Industrial And Energy Technology, which represents 37.47% of its total revenue.

The above chart shows Baker Hughes Company's revenue percentage share by segment (products and services).

In fiscal year 2023, Baker Hughes Company's revenue by segment is as follows:

  • Industrial And Energy Technology generated $10.15 B in revenue, representing 39.77% of its total revenue.
  • Oilfield Services And Equipment generated $15.36 B in revenue, representing 60.23% of its total revenue.

The biggest segment for Baker Hughes Company is the Oilfield Services And Equipment, which represents 60.23% of its total revenue.
The smallest segment for Baker Hughes Company is the Industrial And Energy Technology, which represents 39.77% of its total revenue.

The above chart shows Baker Hughes Company's revenue percentage share by segment (products and services).

In fiscal year 2024, Baker Hughes Company's revenue by segment is as follows:

  • Industrial And Energy Technology generated $12.20 B in revenue, representing 43.84% of its total revenue.
  • Oilfield Services And Equipment generated $15.63 B in revenue, representing 56.16% of its total revenue.

The biggest segment for Baker Hughes Company is the Oilfield Services And Equipment, which represents 56.16% of its total revenue.
The smallest segment for Baker Hughes Company is the Industrial And Energy Technology, which represents 43.84% of its total revenue.
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Summary Table

Products & Services (Percent Share) 2022 2023 2024
Industrial And Energy Technology 37.47% 39.77% 43.84%
Oilfield Services And Equipment 62.53% 60.23% 56.16%
Total Revenue 100% 100% 100%

The above chart shows the revenue trend of different segments of Baker Hughes Company.

In fiscal year 2024, the Oilfield Services And Equipment generated the most revenue ($15.63 B), and the Industrial And Energy Technology generated the least revenue ($12.20 B).

The above chart shows growth drivers and a year-over-year comparison of different segments' revenue.

  • Industrial And Energy Technology revenue increased 20.27% ($2.06 B) from $10.15 B (in 2023) to $12.20 B (in 2024).
  • Oilfield Services And Equipment revenue increased 1.74% ($267.00 M) from $15.36 B (in 2023) to $15.63 B (in 2024).
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    Summary Table

    Products & Services 2022 2023 2024
    Industrial And Energy Technology $7.93 B - $10.15 B
    28.00%
    $12.20 B
    20.27%
    Oilfield Services And Equipment $13.23 B - $15.36 B
    16.12%
    $15.63 B
    1.74%
    Total Revenue $21.16 B - $25.51 B
    20.57%
    $27.83 B
    9.11%