Filing Flows › Baker Hughes (BKR) › Q2 2026
Baker Hughes (BKR) Q2 2026 earnings results (second quarter 2026)
10-Q filed Jul 27, 2026
Baker Hughes (BKR) reported revenue of $6.7B for the second quarter 2026 (Q2 2026), -2% from a year earlier and +2% from the quarter before. Operating margin was 13.2%, net earnings $681M (10.1% of revenue).
Baker Hughes, Q2 2026: revenue $6.7B (-2% year over year), operating margin 13.2%, net earnings $681M, operating cash flow $1.3B. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $6.7B | +2% | -2% |
| Operating profit | $892M | -30% | -8% |
| Net earnings | $681M | -27% | -3% |
| Operating cash flow | $1.3B | +169% | +164% |
| Free cash flow | $1.0B | +537% | +400% |
What changed
Revenue was $6.7B in Q2 2026, down 2% year over year and up 2% from the previous quarter. Sales of goods was the largest line at 64% of revenue. Sales of goods lost $0.22B year over year (down 5%), 133% of the total change.
Operating profit was $0.89B, a 13.2% margin (down 0.8 points year over year). Total costs fell 2% while revenue fell 2%. Net earnings were $0.68B, down 3% year over year. The effective tax rate was 23.5%.
Operating cash flow was $1.3B (up 164% year over year), 197% of net earnings. Non-cash charges added back $0.33B of depreciation and amortization and $0.06B of share-based compensation. Working capital and other items added $0.27B. Capital expenditures of $0.30B left free cash flow of $1.0B.
Questions
What was Baker Hughes' revenue in the second quarter 2026?
Baker Hughes (BKR) reported revenue of $6.7B for the second quarter 2026 (Q2 2026), -2% from a year earlier and +2% from the quarter before.
Was Baker Hughes profitable in the second quarter 2026?
Operating profit was $892M (13.2% of revenue) and net earnings $681M.
Source: Baker Hughes 10-Q on SEC EDGAR.