BKRIndustrials & materialsbakerhughes.com
| Metric | Dec 2024* | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025* | Mar 2026 | Jun 2026 | Sep 2026 | YoY |
|---|---|---|---|---|---|---|---|---|---|
| Operations | |||||||||
| Revenue | $7.36B | $6.43B | $6.91B | $7.01B | $7.39B | $6.59B | $6.74B | $8.03B | ▲ +14.5% |
| Gross profit | — | — | — | — | — | — | — | — | — |
| Operating income | $665.00M | — | — | — | — | — | — | — | — |
| Net income | $1.18B | $402.00M | $701.00M | $609.00M | $876.00M | $930.00M | $681.00M | $411.00M | ▼ -32.5% |
| R&D | $163.00M | $146.00M | $161.00M | $146.00M | $147.00M | $133.00M | $143.00M | $150.00M | ▲ +2.7% |
| EPS (diluted) | — | — | — | — | — | — | — | — | — |
| Margins (% of revenue) | |||||||||
| Gross | — | — | — | — | — | — | — | — | — |
| Operating | 9.0 % | — | — | — | — | — | — | — | — |
| Net | 16.0 % | 6.3 % | 10.1 % | 8.7 % | 11.9 % | 14.1 % | 10.1 % | 5.1 % | ▼ -3.6 pt |
| Balance sheet | |||||||||
| Assets | $38.36B | $38.11B | $38.74B | $39.23B | $40.88B | $50.90B | $52.62B | $59.06B | ▲ +50.5% |
| Liabilities | $21.31B | $20.90B | $20.87B | $20.91B | $21.87B | $31.41B | $32.54B | $38.50B | ▲ +84.2% |
| Equity | $17.05B | $17.21B | $17.87B | $18.33B | $19.01B | $19.49B | $20.08B | $20.56B | ▲ +12.2% |
| Cash | — | — | — | — | — | — | — | — | — |
| Capital | |||||||||
| Shares outstanding | 990.11M | 990.75M | 985.88M | 986.77M | 988.24M | 992.07M | 992.67M | 993.08M | ▲ +0.6% |
| Public floatexcluding insiders | — | — | — | — | — | — | — | — | — |
* No 10-Q is filed for a fourth quarter: these amounts are the fiscal year minus the first three quarters, all filed. EPS stays blank — dilution doesn't subtract.