Baker Hughes Company's Revenue by Segment
In fiscal year 2025, Baker Hughes Company's revenue by segment (products & services) are as follows:
- Industrial And Energy Technology: $13.41 B
- Oilfield Services And Equipment: $14.32 B
Learn more about Baker Hughes Company’s Revenue by Geography
Check out competitors to Baker Hughes Company in a side-by-side comparison.
Explore additional financial metrics for Baker Hughes Company.
Baker Hughes Company's Revenue Share by Segment
| Industrial And Energy Technology | 10145000000 |
|---|---|
| Oilfield Services And Equipment | 15361000000 |
| Industrial And Energy Technology | 12201000000 |
|---|---|
| Oilfield Services And Equipment | 15628000000 |
| Industrial And Energy Technology | 13409000000 |
|---|---|
| Oilfield Services And Equipment | 14324000000 |
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.
The above chart shows Baker Hughes Company's revenue percentage share by segment (products and services).
In fiscal year 2025, Baker Hughes Company's revenue by segment is as follows:
- Industrial And Energy Technology generated $13.41 B in revenue, representing 48.35% of its total revenue.
- Oilfield Services And Equipment generated $14.32 B in revenue, representing 51.65% of its total revenue.
The biggest segment for Baker Hughes Company is the Oilfield Services And Equipment, which represents 51.65% of its total revenue.
The smallest segment for Baker Hughes Company is the Industrial And Energy Technology, which represents 48.35% of its total revenue.
Summary Table
| Products & Services (Percent Share) | 2023 | 2024 | 2025 |
|---|---|---|---|
| Oilfield Services And Equipment | 60.23% | 56.16% | 51.65% |
| Industrial And Energy Technology | 39.77% | 43.84% | 48.35% |
| Total Revenue | 100% | 100% | 100% |
Baker Hughes Company's Segments Revenue Trend
The above chart shows the revenue trend of different segments of Baker Hughes Company.
In fiscal year 2025, the Oilfield Services And Equipment generated the most revenue ($14.32 B), and the Industrial And Energy Technology generated the least revenue ($13.41 B).
Baker Hughes Company's Revenue Growth Drivers
The above chart shows growth drivers and a year-over-year comparison of different segments' revenue.
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