Baker Hughes Company revenue by year
Over the 10 fiscal years shown, revenue went from $13.08B (year ended Dec 31, 2016) to $27.73B (year ended Dec 31, 2025), a compound annual growth rate of 8.7%. The fastest growth was +33.2% in the year ended Dec 31, 2018; the weakest year was −13.1% (year ended Dec 31, 2020).
Annual revenue
| Fiscal year ended | Revenue (USD) | Change | XBRL concept | Reported in |
|---|---|---|---|---|
| Dec 31, 2025 | $27.73B | −0.3% | RevenueFromContractWithCustomerExcludingAssessedTax | 10-K filed Feb 5, 2026 |
| Dec 31, 2024 | $27.83B | +9.1% | RevenueFromContractWithCustomerExcludingAssessedTax | 10-K filed Feb 5, 2026 |
| Dec 31, 2023 | $25.51B | +20.6% | RevenueFromContractWithCustomerExcludingAssessedTax | 10-K filed Feb 5, 2026 |
| Dec 31, 2022 | $21.16B | +3.2% | RevenueFromContractWithCustomerExcludingAssessedTax | 10-K filed Feb 4, 2025 |
| Dec 31, 2021 | $20.50B | −1.0% | RevenueFromContractWithCustomerExcludingAssessedTax | 10-K filed Feb 5, 2024 |
| Dec 31, 2020 | $20.70B | −13.1% | RevenueFromContractWithCustomerExcludingAssessedTax | 10-K filed Feb 14, 2023 |
| Dec 31, 2019 | $23.84B | +4.2% | RevenueFromContractWithCustomerExcludingAssessedTax | 10-K filed Feb 11, 2022 |
| Dec 31, 2018 | $22.88B | +33.2% | RevenueFromContractWithCustomerExcludingAssessedTax | 10-K filed Feb 25, 2021 |
| Dec 31, 2017 | $17.18B | +31.3% | RevenueFromContractWithCustomerExcludingAssessedTax | 10-K filed Feb 13, 2020 |
| Dec 31, 2016 | $13.08B | −21.6% | RevenueFromContractWithCustomerExcludingAssessedTax | 10-K filed Feb 19, 2019 |
Quarterly revenue
Quarters reported in 10-Q filings. Fourth quarters are usually reported only inside the annual 10-K, so they are not listed separately here; we do not estimate them.
| Quarter | Revenue (USD) | vs same quarter a year earlier | Source |
|---|---|---|---|
| 3 months ended Sep 30, 2026 | $8.03B | +14.5% | 10-Q filed Oct 28, 2026 |
| 3 months ended Jun 30, 2026 | $6.74B | −2.4% | 10-Q filed Jul 27, 2026 |
| 3 months ended Mar 31, 2026 | $6.59B | +2.5% | 10-Q filed Apr 24, 2026 |
| 3 months ended Sep 30, 2025 | $7.01B | +1.5% | 10-Q filed Oct 28, 2026 |
| 3 months ended Jun 30, 2025 | $6.91B | −3.2% | 10-Q filed Jul 27, 2026 |
| 3 months ended Mar 31, 2025 | $6.43B | +0.1% | 10-Q filed Apr 24, 2026 |
| 3 months ended Sep 30, 2024 | $6.91B | +4.0% | 10-Q filed Oct 24, 2025 |
| 3 months ended Jun 30, 2024 | $7.14B | +13.0% | 10-Q filed Jul 23, 2025 |
Source: SEC EDGAR XBRL company facts for CIK 1701605 (raw data). Most recent filing in this dataset: 10-Q filed Oct 28, 2026. SEC data file dated Nov 3, 2026; page built Nov 5, 2026. Figures are as most recently reported, including restatements. How we select figures.