How does Baker Hughes (BKR) make money?

Baker Hughes (BKR) primarily makes money through Oilfield Services And Equipment, which accounts for 50.4% of total revenue. For TTM through Q1 2026, Baker Hughes generated $27.89B in total revenue with a net profit margin of 11.2%.

What is Baker Hughes (BKR) gross profit margin?

Baker Hughes (BKR) reported a gross profit margin of 23.6% for TTM through Q1 2026, equivalent to $6.57B in gross profit. This means Baker Hughes retains 23.6% of each revenue unit after direct costs of production.

What is Baker Hughes (BKR) operating profit margin?

Baker Hughes (BKR) reported an operating profit margin of 13% for TTM through Q1 2026, equivalent to $3.61B in operating profit. This reflects profitability after operating expenses such as R&D, sales, and administration, but before taxes and non-operating items.

What is Baker Hughes (BKR) net profit margin?

Baker Hughes (BKR) reported a net profit margin of 11.2% for TTM through Q1 2026, equivalent to $3.12B in net profit. This is the share of revenue that remains as profit after all expenses, taxes, and non-operating items.

How much does Baker Hughes (BKR) invest in R&D?

Baker Hughes (BKR) invested $587.00M in research and development in TTM through Q1 2026 (2.1% of total revenue). R&D spending reflects investment in future products, services, and technologies.

How much does Baker Hughes (BKR) spend on capital expenditures?

Baker Hughes (BKR) spent $1.31B on capital expenditures in TTM through Q1 2026 (4.7% of total revenue). Capital expenditures represent investments in physical assets such as property, equipment, and infrastructure.

What is Baker Hughes (BKR) free cash flow?

Baker Hughes (BKR) generated $2.29B in free cash flow for TTM through Q1 2026 (8.2% of total revenue). Free cash flow is the cash remaining after capital expenditures and represents the company's ability to fund growth, pay dividends, or reduce debt.

What is Baker Hughes (BKR) effective tax rate?

Baker Hughes (BKR) had an effective tax rate of 12.2% for TTM through Q1 2026. This is the actual percentage of pre-tax income paid as income taxes.

How Baker Hughes (BKR) Makes Money: A Visual Guide

Baker Hughes (BKR) generated $27.89B in revenue, earning $3.12B in net profit (11.2% margin). Its largest revenue source is Oilfield Services And Equipment (50.4% of revenue). Below is an interactive breakdown of how revenue flows through the income statement.

Baker Hughes (BKR) Income Statement Flow — TTM through Q1 2026

Calculated from the four most recent reported quarters, ending March 31, 2026 (reported April 24, 2026).

Frequently asked questions

How does Baker Hughes (BKR) make money?: Baker Hughes (BKR) primarily makes money through Oilfield Services And Equipment, which accounts for 50.4% of total revenue. For TTM through Q1 2026, Baker Hughes generated $27.89B in total revenue with a net profit margin of 11.2%.
What is Baker Hughes (BKR) gross profit margin?: Baker Hughes (BKR) reported a gross profit margin of 23.6% for TTM through Q1 2026, equivalent to $6.57B in gross profit. This means Baker Hughes retains 23.6% of each revenue unit after direct costs of production.
What is Baker Hughes (BKR) operating profit margin?: Baker Hughes (BKR) reported an operating profit margin of 13% for TTM through Q1 2026, equivalent to $3.61B in operating profit. This reflects profitability after operating expenses such as R&D, sales, and administration, but before taxes and non-operating items.
What is Baker Hughes (BKR) net profit margin?: Baker Hughes (BKR) reported a net profit margin of 11.2% for TTM through Q1 2026, equivalent to $3.12B in net profit. This is the share of revenue that remains as profit after all expenses, taxes, and non-operating items.
How much does Baker Hughes (BKR) invest in R&D?: Baker Hughes (BKR) invested $587.00M in research and development in TTM through Q1 2026 (2.1% of total revenue). R&D spending reflects investment in future products, services, and technologies.
How much does Baker Hughes (BKR) spend on capital expenditures?: Baker Hughes (BKR) spent $1.31B on capital expenditures in TTM through Q1 2026 (4.7% of total revenue). Capital expenditures represent investments in physical assets such as property, equipment, and infrastructure.
What is Baker Hughes (BKR) free cash flow?: Baker Hughes (BKR) generated $2.29B in free cash flow for TTM through Q1 2026 (8.2% of total revenue). Free cash flow is the cash remaining after capital expenditures and represents the company's ability to fund growth, pay dividends, or reduce debt.
What is Baker Hughes (BKR) effective tax rate?: Baker Hughes (BKR) had an effective tax rate of 12.2% for TTM through Q1 2026. This is the actual percentage of pre-tax income paid as income taxes.

Data & methodology

What is a Sankey diagram?: A Sankey diagram shows how money flows through a company from revenue to net profit. The width of each flow represents its proportion.
How is the data calculated?: We use the income statement from company filings. For TTM (Trailing Twelve Months), we use a pre-aggregated twelve-month view aligned with our latest four quarterly periods. Revenue flows to cost of revenue and gross profit, then to operating expenses (R&D, S&M, G&A) and operating profit.
When was this data last updated?: Based on company filings through TTM through Q1 2026.