Filing Flows › Baker Hughes (BKR) › Q3 2026 › vs Q2 2026
Baker Hughes (BKR) Q3 2026 vs Q2 2026 (quarter over quarter)
Baker Hughes's revenue rose $1.3B (+19%) from $6.7B in Q2 2026 to $8.0B in Q3 2026. Operating margin 6.5% against 13.2% (-6.8 pts).
Baker Hughes, Q3 2026: revenue $8.0B (+14% year over year), operating margin 6.5%, net earnings $411M, operating cash flow $1.0B. The chart draws each line against Q2 2026, the increases inside each band.
Margins
| Q3 2026 | Q2 2026 | Change | |
|---|---|---|---|
| Operating margin | 6.5% | 13.2% | -6.8 pts |
| Net margin | 5.1% | 10.1% | -5.0 pts |
| Free cash flow margin | 9.1% | 15.5% | -6.4 pts |
Every line
| Line | Q3 2026 | Q2 2026 | Change | % |
|---|---|---|---|---|
| Revenue | $8.0B | $6.7B | $1.3B | +19% |
| Operating profit | $519M | $892M | −$373M | -42% |
| Costs & expenses | $7.5B | $5.8B | $1.7B | +28% |
| Pre-tax earnings | $519M | $892M | −$373M | -42% |
| Research & development | $150M | $143M | $7.0M | +5% |
| SG&A | $732M | $569M | $163M | +29% |
| Other operating costs | $6.6B | $5.1B | $1.5B | +29% |
| Net earnings | $411M | $681M | −$270M | -40% |
| Minority interests | $11.0M | $1.0M | $10.0M | 11× |
| Income tax | $97.0M | $210M | −$113M | -54% |
| Depreciation & amortization | $505M | $333M | $172M | +52% |
| Share-based compensation | $57.0M | $57.0M | $0 | 0% |
| Working capital & other | $32.0M | $274M | −$242M | -88% |
| Operating cash flow | $1.0B | $1.3B | −$340M | -25% |
| Free cash flow (OCF − capex) | $734M | $1.0B | −$311M | -30% |
| Capital expenditures | $271M | $300M | −$29.0M | -10% |
Questions
How much did Baker Hughes's revenue grow quarter over quarter in Q3 2026?
Baker Hughes's revenue rose $1.3B (+19%) from $6.7B in Q2 2026 to $8.0B in Q3 2026. Operating margin 6.5% against 13.2% (-6.8 pts).