Baker Hughes (BKR) revenue breakdown

Energy · Oil & Gas Equipment & Services · Market cap $55.1B

By segment, Oilfield Services & Equipment is the largest at 52% of fiscal 2025 revenue; Industrial & Energy Technology grew fastest, 12% a year over 5 years.

By product, Sales of goods is the largest at 66% of fiscal 2025 revenue; Sales of services grew fastest, 11% a year over 9 years.

Revenue by segment

Fiscal years, as Baker Hughes reports them in its 10-K filings; fiscal 2025 total $27.7B.

Segments2016201720182019202020212022202320242025Share
Oilfield Services & Equipment————$13.0B$12.0B$13.2B$15.4B$15.6B$14.3B 52%
Industrial & Energy Technology————$7.7B$8.5B$7.9B$10.1B$12.2B$13.4B 48%
Oilfield Services$788M$5.9B$11.6B$12.9B—————— —
Turbo-machinery & Process Solutions$6.7B$6.3B$6.0B$5.5B—————— —
Oilfield Equipment$3.5B$2.7B$2.6B$2.9B—————— —
Digital Solutions$2.1B$2.3B$2.6B$2.5B—————— —

Revenue by product

Fiscal years, as Baker Hughes reports them in its 10-K filings; fiscal 2025 total $27.7B.

Products2016201720182019202020212022202320242025Share
Sales of goods$9.5B$11.1B$13.1B$13.7B$12.8B$12.2B$12.2B$15.6B$17.8B$18.2B 66%
Sales of services$3.6B$6.1B$9.8B$10.1B$7.9B$8.3B$8.9B$9.9B$10.0B$9.5B 34%

Revenue by region

Fiscal years, as Baker Hughes reports them in its 10-K filings; fiscal 2025 total $27.7B.

Regions2016201720182019202020212022202320242025Share
Non-US$9.9B$12.8B$16.3B$17.6B$16.1B$16.0B$16.2B$18.9B$20.4B$20.0B 72%
UNITED STATES$3.2B$4.4B$6.6B$6.2B$4.6B$4.5B$4.9B$6.6B$7.4B$7.7B 28%
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Questions

Where does Baker Hughes make its money?

In fiscal 2025, by segment: Oilfield Services & Equipment $14.3B, Industrial & Energy Technology $13.4B.

From Baker Hughes's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.