Baker Hughes Company (BKR) Earnings
Baker Hughes Company is expected to report next earnings on July 21, 2026 (in NaN days), with a consensus EPS estimate of $0.52. BKR has beaten EPS estimates in 12 of its last 12 reported quarters (average surprise +14.6% over the last four).
| Report date | EPS est | EPS actual | Surprise | Revenue | Rev. surprise |
|---|---|---|---|---|---|
| Apr 24, 2026 | $0.49 | $0.58 | +17.6% | $6.6B | +3.9% |
| Jan 25, 2026 | $0.67 | $0.78 | +16.8% | $7.4B | +4.4% |
| Oct 23, 2025 | $0.62 | $0.68 | +10.4% | $7.0B | +2.6% |
| Jul 22, 2025 | $0.56 | $0.63 | +13.5% | $6.9B | +4.2% |
| Apr 22, 2025 | $0.47 | $0.51 | +8.1% | $6.4B | -1.1% |
| Jan 30, 2025 | $0.62 | $0.70 | +12.2% | $7.4B | +4.2% |
| Oct 22, 2024 | $0.61 | $0.67 | +9.8% | $6.9B | -4.2% |
| Jul 25, 2024 | $0.49 | $0.57 | +16.3% | $7.1B | +4.9% |
| Jan 23, 2024 | $0.48 | $0.51 | +6.3% | $6.8B | -1.2% |
| Oct 25, 2023 | $0.40 | $0.42 | +5.0% | $6.6B | +1.7% |
| Jul 19, 2023 | $0.33 | $0.39 | +18.2% | $6.3B | +0.8% |
| Apr 19, 2023 | $0.26 | $0.28 | +7.7% | $5.7B | +3.7% |
Source: company filings + earnings calendar. For informational purposes only — not investment advice.
Earnings call summary
Q1 FY2026 · April 24, 2026
AI summary of management’s prepared remarks and analyst Q&A. For informational purposes only — not investment advice.
Management highlights
Lorenzo started by summarizing first quarter results, recent portfolio actions, key awards, and the macro environment. Ahmed then covered consolidated results, chart transaction, segment results, second quarter and full year guidance. Key points include strong IET orders, OFSE resilience, progress in portfolio management, and integration of Chart.
Guidance
Second quarter guidance: Company revenue $6.5 billion, adjusted EBITDA $1.13 billion; IET EBITDA $670 million; OFSE EBITDA $540 million, revenue $3.2 billion. Full year guidance: Maintaining revenue and adjusted EBITDA ranges, slightly below midpoint, confident in IET orders exceeding midpoint, OFSE EBITDA depending on Middle East situation
Segment performance
IET: Booked record orders of $4.9 billion, revenue of $3.35 billion, up 14% year-over-year, EBITDA $678 million, up 35% year-over-year, margin 20.2%. OFSE: Revenue $3.24 billion, EBITDA $565 million, margin 17.4%
Risks & headwinds
Middle East conflict introducing macro uncertainty, disrupting energy corridors, tightening oil and LNG balances, heightening inflationary pressures, and potential downside risk to global economic growth
Analyst Q&A
Q: Impact of Middle East conflict on infrastructure spend and IET orders.
A: Energy security to drive investment, IET orders to exceed $40 billion target.
Q: 2Q guide for IET and OFSE.
A: IET modest impact from conflict, OFSE significant impact in Middle East with seasonal recovery outside.
Q: Second half outlook for OFSE and IET.
A: OFSE measured ramp in Middle East, IET better linearity.
Q: Power systems orders and data center demand.
A: Power demand growth, behind-the-meter market to $60B by 2030, Nova LT booked out through 2028.
Q: Portfolio optimization.
A: Focus on strategic criteria, exceeded $1B divestment target, focus on Chart integration