Filing Flows › Baker Hughes (BKR) › Q3 2026
Baker Hughes (BKR) Q3 2026 earnings results (third quarter 2026)
10-Q filed Oct 28, 2026
Baker Hughes (BKR) reported revenue of $8.0B for the third quarter 2026 (Q3 2026), +14% from a year earlier and +19% from the quarter before. Operating margin was 6.5%, net earnings $411M (5.1% of revenue).
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 follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $8.0B | +19% | +14% |
| Operating profit | $519M | -42% | -37% |
| Net earnings | $411M | -40% | -33% |
| Operating cash flow | $1.0B | -25% | +8% |
| Free cash flow | $734M | -30% | +16% |
What changed
Revenue was $8.0B in Q3 2026, up 14% year over year and up 19% from the previous quarter. OFSE was the largest line at 46% of revenue. IET added $0.10B year over year (up 3%), 10% of the total change.
Operating profit was $0.52B, a 6.5% margin (down 5.2 points year over year). Operating profit fell $0.30B even though revenue rose $1.0B versus Q3 2025, so costs grew faster than sales. Total costs grew 21% against revenue growth of 14%. The fastest-growing cost line was SG&A (+23%). Net earnings were $0.41B, down 33% year over year. The effective tax rate was 18.7%.
Operating cash flow was $1.0B (up 8% year over year), 238% of net income including minority interests. Non-cash charges added back $0.51B of depreciation and amortization and $0.06B of share-based compensation. Capital expenditures of $0.27B left free cash flow of $0.73B.
Questions
What was Baker Hughes' revenue in the third quarter 2026?
Baker Hughes (BKR) reported revenue of $8.0B for the third quarter 2026 (Q3 2026), +14% from a year earlier and +19% from the quarter before.
Was Baker Hughes profitable in the third quarter 2026?
Operating profit was $519M (6.5% of revenue) and net earnings $411M.
Source: Baker Hughes 10-Q on SEC EDGAR.