Gross Profit for Baker Hughes (BKR)
According to Baker Hughes's latest reported financial statements, the company's current gross profit (TTM) is $6.57B USD. Gross profit equals revenue minus the cost of goods sold (COGS) — what remains from sales after the direct cost of producing the product or service. It does not yet subtract operating expenses, interest, or taxes (see operating income and net income for those steps). Higher gross profit (and gross margin) generally signals pricing power and production efficiency.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .

BKR
Currently viewingGross ProfitSwitch metric
TTM (last 4 quarters)
$6.57B
YoY change
+0.9%
5Y CAGR
+11.9%
Peak year (2025)
$6.54B
Cumulative gross profit
$56.16B
Gross Profit history chart for Baker Hughes (BKR) from 2014 to 2025
Gross Profit history table for Baker Hughes (BKR) from 2014 to 2025
| Fiscal year | Period ended | Reported | Gross Profit | YoY |
|---|---|---|---|---|
| 2025 | $6.54B | +0.9% | ||
| 2024 | $6.48B | +9.8% | ||
| 2023 | $5.90B | +19.1% | ||
| 2022 | $4.96B | +9.1% | ||
| 2021 | $4.54B | +21.6% | ||
| 2020 | $3.73B | -15.8% | ||
| 2019 | $4.43B | +11.2% | ||
| 2018 | $3.99B | +31.3% | ||
| 2017 | $3.04B | -3.5% | ||
| 2016 | $3.15B | -30.0% | ||
| 2015 | $4.50B | -8.5% | ||
| 2014 | $4.91B | — |
Gross Profit values are taken from Baker Hughes's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
In 2025, Baker Hughes (BKR) gross profit totalled $6.54B – edged up 0.9% year-over-year.
Through 2020–2025 (5 years), Baker Hughes gross profit delivered a +11.9% annualised rate; sustaining 5 straight years of year-over-year growth.
2025 marks the peak gross profit at $6.54B, with the historical low of $3.04B recorded in 2017.
Baker Hughes (BKR) sits 6th of 8 Energy peers we track on this metric, against a peer median of $14.92B.
Baker Hughes Gross Profit by Year
Baker Hughes Gross Profit 2025: $6.54B
Baker Hughes gross profit in 2025 was $6.54B, edged up 0.9% from 2024. This figure represents the highest annual value in the available history.
Baker Hughes Gross Profit 2024: $6.48B
Baker Hughes gross profit in 2024 was $6.48B, grew 9.8% from 2023.
Baker Hughes Gross Profit 2023: $5.90B
Baker Hughes gross profit in 2023 was $5.90B, grew 19.1% from 2022.
Baker Hughes Gross Profit 2022: $4.96B
Baker Hughes gross profit in 2022 was $4.96B, grew 9.1% from 2021.
Baker Hughes Gross Profit 2021: $4.54B
Baker Hughes gross profit in 2021 was $4.54B.
See more financial history for Baker Hughes (BKR).
Sector peers — Gross Profit
Companies in the same sector as Baker Hughes, ranked by their latest gross profit.
| Company | Gross Profit | Sector |
|---|---|---|
| Exxon Mobil Corporation (XOM) | $70.23B | Energy |
| Chevron Corporation (CVX) | $56.09B | Energy |
| Enbridge Inc. (ENB) | $21.50B | Energy |
| EOG Resources, Inc. (EOG) | $15.37B | Energy |
| ConocoPhillips (COP) | $14.46B | Energy |
| SLB N.V. (SLB) | $6.50B | Energy |
| Valero Energy Corporation (VLO) | $5.37B | Energy |
| The Williams Companies, Inc. (WMB) | $5.12B | Energy |
Frequently asked questions
What is Baker Hughes's gross profit?
- Latest reported gross profit for Baker Hughes (BKR) is $6.57B (period ending March 31, 2026).
How has Baker Hughes gross profit changed year-over-year?
- Baker Hughes (BKR) gross profit changed +0.9% year-over-year on the latest annual filing.
What is the long-term growth rate of Baker Hughes gross profit?
- Baker Hughes (BKR) gross profit compound annual growth rate is +11.9% over the most recent 5 years available.
When did Baker Hughes gross profit hit its highest annual value?
- Baker Hughes gross profit reached its highest annual value of $6.54B in 2025.
What was Baker Hughes gross profit in 2024?
- Baker Hughes (BKR) gross profit in 2024 was $6.48B.
What was Baker Hughes gross profit in 2025?
- Baker Hughes (BKR) gross profit in 2025 was $6.54B.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
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