Baker Hughes Co
NYSE:BKR
Income Statement
Earnings Waterfall
Baker Hughes Co
Revenue
|
26.2B
USD
|
Cost of Revenue
|
-20.8B
USD
|
Gross Profit
|
5.4B
USD
|
Operating Expenses
|
-2.6B
USD
|
Operating Income
|
2.8B
USD
|
Other Expenses
|
-999m
USD
|
Net Income
|
1.8B
USD
|
Income Statement
Baker Hughes Co
Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
22 865
N/A
|
23 313
+2%
|
23 776
+2%
|
24 551
+3%
|
23 414
-5%
|
21 447
-8%
|
18 983
-11%
|
15 742
-17%
|
13 818
-12%
|
12 258
-11%
|
10 825
-12%
|
9 841
-9%
|
9 433
-4%
|
10 884
+15%
|
13 906
+28%
|
17 259
+24%
|
20 396
+18%
|
22 085
+8%
|
22 375
+1%
|
22 877
+2%
|
23 093
+1%
|
23 539
+2%
|
23 756
+1%
|
23 838
+0%
|
23 649
-1%
|
22 391
-5%
|
21 558
-4%
|
20 705
-4%
|
20 062
-3%
|
20 468
+2%
|
20 512
+0%
|
20 502
0%
|
20 555
+0%
|
20 460
0%
|
20 736
+1%
|
21 156
+2%
|
22 037
+4%
|
23 305
+6%
|
24 577
+5%
|
25 506
+4%
|
26 209
+3%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(18 947)
|
(19 101)
|
(19 458)
|
(19 746)
|
(19 368)
|
(18 238)
|
(16 534)
|
(14 502)
|
(12 818)
|
(12 315)
|
(10 971)
|
(9 973)
|
(9 203)
|
(9 007)
|
(11 303)
|
(14 046)
|
(16 716)
|
(18 412)
|
(18 749)
|
(18 891)
|
(18 977)
|
(19 287)
|
(19 370)
|
(19 402)
|
(19 268)
|
(18 388)
|
(17 905)
|
(17 506)
|
(16 744)
|
(16 868)
|
(16 659)
|
(16 453)
|
(16 394)
|
(16 274)
|
(16 436)
|
(16 725)
|
(17 408)
|
(18 351)
|
(19 404)
|
(20 220)
|
(20 813)
|
|
Gross Profit |
3 918
N/A
|
4 212
+8%
|
4 318
+3%
|
4 805
+11%
|
4 046
-16%
|
3 209
-21%
|
2 449
-24%
|
1 240
-49%
|
1 000
-19%
|
(57)
N/A
|
(146)
-156%
|
(132)
+10%
|
230
N/A
|
1 877
+716%
|
2 603
+39%
|
3 213
+23%
|
3 680
+15%
|
3 673
0%
|
3 626
-1%
|
3 986
+10%
|
4 116
+3%
|
4 252
+3%
|
4 386
+3%
|
4 436
+1%
|
4 381
-1%
|
4 003
-9%
|
3 653
-9%
|
3 199
-12%
|
3 318
+4%
|
3 600
+8%
|
3 853
+7%
|
4 049
+5%
|
4 161
+3%
|
4 186
+1%
|
4 300
+3%
|
4 431
+3%
|
4 629
+4%
|
4 954
+7%
|
5 173
+4%
|
5 286
+2%
|
5 396
+2%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(1 872)
|
(1 909)
|
(1 930)
|
(1 884)
|
(1 878)
|
(1 815)
|
(1 719)
|
(1 656)
|
(1 512)
|
(1 399)
|
(1 307)
|
(1 199)
|
(1 173)
|
(1 527)
|
(2 025)
|
(2 535)
|
(2 926)
|
(2 913)
|
(2 729)
|
(2 699)
|
(2 728)
|
(2 764)
|
(2 828)
|
(2 854)
|
(2 813)
|
(2 692)
|
(2 572)
|
(2 404)
|
(2 316)
|
(2 368)
|
(2 410)
|
(2 470)
|
(2 504)
|
(2 486)
|
(2 499)
|
(2 510)
|
(2 544)
|
(2 615)
|
(2 622)
|
(2 611)
|
(2 574)
|
|
Selling, General & Administrative |
(1 300)
|
(1 309)
|
(1 313)
|
(1 271)
|
(1 270)
|
(1 242)
|
(1 190)
|
(1 173)
|
(1 065)
|
(977)
|
(909)
|
(815)
|
(792)
|
(1 344)
|
(1 933)
|
(2 535)
|
(3 025)
|
(2 913)
|
(2 729)
|
(2 699)
|
(2 728)
|
(2 764)
|
(2 828)
|
(2 854)
|
(2 827)
|
(2 719)
|
(2 612)
|
(2 404)
|
(2 316)
|
(2 368)
|
(2 410)
|
(2 470)
|
(2 504)
|
(2 486)
|
(2 499)
|
(2 510)
|
(2 544)
|
(2 615)
|
(2 622)
|
(2 611)
|
(2 574)
|
|
Research & Development |
(572)
|
(600)
|
(617)
|
(613)
|
(608)
|
(573)
|
(529)
|
(483)
|
(447)
|
(422)
|
(398)
|
(384)
|
(381)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(183)
|
(92)
|
0
|
99
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
14
|
27
|
40
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Operating Income |
2 046
N/A
|
2 303
+13%
|
2 388
+4%
|
2 921
+22%
|
2 168
-26%
|
1 394
-36%
|
730
-48%
|
(416)
N/A
|
(512)
-23%
|
(1 456)
-184%
|
(1 453)
+0%
|
(1 331)
+8%
|
(943)
+29%
|
350
N/A
|
578
+65%
|
678
+17%
|
754
+11%
|
760
+1%
|
897
+18%
|
1 287
+43%
|
1 388
+8%
|
1 488
+7%
|
1 558
+5%
|
1 582
+2%
|
1 568
-1%
|
1 311
-16%
|
1 081
-18%
|
795
-26%
|
1 002
+26%
|
1 232
+23%
|
1 443
+17%
|
1 579
+9%
|
1 657
+5%
|
1 700
+3%
|
1 801
+6%
|
1 921
+7%
|
2 085
+9%
|
2 339
+12%
|
2 551
+9%
|
2 675
+5%
|
2 822
+5%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(236)
|
(235)
|
(236)
|
(232)
|
(229)
|
(223)
|
(219)
|
(217)
|
(218)
|
(213)
|
(197)
|
(178)
|
(176)
|
(108)
|
(124)
|
(142)
|
(155)
|
(272)
|
(357)
|
(362)
|
(352)
|
(321)
|
(254)
|
(217)
|
(234)
|
(250)
|
(256)
|
1 153
|
(1 066)
|
(1 089)
|
(1 230)
|
(1 384)
|
(576)
|
(667)
|
(577)
|
(517)
|
(137)
|
136
|
303
|
339
|
22
|
|
Non-Reccuring Items |
0
|
(62)
|
(62)
|
(62)
|
(635)
|
(636)
|
(734)
|
(1 980)
|
(1 669)
|
(1 293)
|
(1 516)
|
(531)
|
(390)
|
(834)
|
(863)
|
(785)
|
(872)
|
(937)
|
(670)
|
(586)
|
(474)
|
(368)
|
(410)
|
(526)
|
(16 729)
|
(16 795)
|
(16 911)
|
(16 773)
|
(636)
|
(620)
|
(404)
|
(148)
|
(232)
|
(920)
|
(1 130)
|
(1 187)
|
(1 191)
|
(480)
|
(247)
|
(358)
|
(290)
|
|
Gain/Loss on Disposition of Assets |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(353)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Total Other Income |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
68
|
65
|
78
|
80
|
55
|
64
|
202
|
222
|
45
|
26
|
(86)
|
(83)
|
(193)
|
(329)
|
(24)
|
1 055
|
1 263
|
1 450
|
381
|
301
|
316
|
270
|
(195)
|
(163)
|
(132)
|
(129)
|
(1)
|
(18)
|
|
Pre-Tax Income |
1 810
N/A
|
2 006
+11%
|
2 090
+4%
|
2 627
+26%
|
1 304
-50%
|
535
-59%
|
(223)
N/A
|
(2 613)
-1 072%
|
(2 399)
+8%
|
(2 962)
-23%
|
(3 166)
-7%
|
(2 040)
+36%
|
(1 509)
+26%
|
(524)
+65%
|
(344)
+34%
|
(171)
+50%
|
(193)
-13%
|
(394)
-104%
|
(66)
+83%
|
541
N/A
|
784
+45%
|
844
+8%
|
920
+9%
|
753
-18%
|
(15 478)
N/A
|
(15 927)
-3%
|
(16 415)
-3%
|
(15 202)
+7%
|
355
N/A
|
786
+121%
|
1 259
+60%
|
428
-66%
|
1 150
+169%
|
429
-63%
|
364
-15%
|
22
-94%
|
594
+2 600%
|
1 863
+214%
|
2 478
+33%
|
2 655
+7%
|
2 536
-4%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(639)
|
(721)
|
(776)
|
(896)
|
(502)
|
(282)
|
(49)
|
639
|
37
|
(122)
|
(192)
|
(696)
|
(376)
|
(206)
|
(229)
|
(203)
|
(70)
|
(150)
|
(167)
|
(365)
|
(518)
|
(551)
|
(548)
|
(482)
|
(420)
|
(304)
|
(203)
|
(676)
|
(740)
|
(904)
|
(1 091)
|
(758)
|
(795)
|
(834)
|
(794)
|
(600)
|
(671)
|
(689)
|
(771)
|
(685)
|
(684)
|
|
Income from Continuing Operations |
1 171
|
1 285
|
1 314
|
1 731
|
802
|
253
|
(272)
|
(1 974)
|
(2 362)
|
(3 084)
|
(3 358)
|
(2 736)
|
(1 885)
|
(730)
|
(573)
|
(374)
|
(263)
|
(544)
|
(233)
|
176
|
266
|
293
|
372
|
271
|
(15 898)
|
(16 231)
|
(16 618)
|
(15 878)
|
(385)
|
(118)
|
168
|
(330)
|
355
|
(405)
|
(430)
|
(578)
|
(77)
|
1 174
|
1 707
|
1 970
|
1 852
|
|
Income to Minority Interest |
(14)
|
(15)
|
(10)
|
(12)
|
0
|
8
|
(1)
|
7
|
3
|
2
|
6
|
(2)
|
(1)
|
(116)
|
52
|
169
|
257
|
390
|
196
|
(88)
|
(216)
|
(233)
|
(268)
|
(143)
|
5 767
|
5 914
|
6 074
|
5 821
|
103
|
(37)
|
(145)
|
111
|
(50)
|
(61)
|
(61)
|
(23)
|
(21)
|
(23)
|
(21)
|
(27)
|
(29)
|
|
Net Income (Common) |
1 157
N/A
|
1 270
+10%
|
1 304
+3%
|
1 719
+32%
|
802
-53%
|
261
-67%
|
(273)
N/A
|
(1 967)
-621%
|
(2 359)
-20%
|
(3 082)
-31%
|
(3 352)
-9%
|
(2 738)
+18%
|
(1 886)
+31%
|
(846)
+55%
|
(521)
+38%
|
(73)
+86%
|
126
N/A
|
(22)
N/A
|
95
N/A
|
195
+105%
|
157
-19%
|
167
+6%
|
211
+26%
|
128
-39%
|
(10 131)
N/A
|
(10 317)
-2%
|
(10 544)
-2%
|
(9 940)
+6%
|
(165)
+98%
|
(38)
+77%
|
140
N/A
|
(219)
N/A
|
305
N/A
|
(466)
N/A
|
(491)
-5%
|
(601)
-22%
|
(98)
+84%
|
1 151
N/A
|
1 686
+46%
|
1 943
+15%
|
1 823
-6%
|
|
EPS (Diluted) |
2.61
N/A
|
2.87
+10%
|
2.96
+3%
|
3.92
+32%
|
1.83
-53%
|
0.6
-67%
|
-0.62
N/A
|
-4.49
-624%
|
-5.33
-19%
|
-7.03
-32%
|
-7.79
-11%
|
-6.31
+19%
|
-4.39
+30%
|
-1.95
+56%
|
-1.22
+37%
|
-0.17
+86%
|
0.29
N/A
|
-0.05
N/A
|
0.22
N/A
|
0.45
+105%
|
0.3
-33%
|
0.32
+7%
|
0.39
+22%
|
0.23
-41%
|
-15.5
N/A
|
-15.75
-2%
|
-15.59
+1%
|
-14.72
+6%
|
-0.22
+99%
|
-0.04
+82%
|
0.16
N/A
|
-0.27
N/A
|
0.34
N/A
|
-0.46
N/A
|
-0.48
-4%
|
-0.61
-27%
|
-0.11
+82%
|
1.13
N/A
|
1.66
+47%
|
1.91
+15%
|
1.8
-6%
|