Apr. 23 at 9:14 PM
$BKR Baker Hughes (NASDAQ: BKR) reported strong Q1 2026 results on April 23, 2026, exceeding profit expectations with
$6.59 billion in revenue (up 2% YoY) and GAAP net income of
$930 million, driven by high demand in its Industrial & Energy Technology (IET) unit despite Middle East disruptions. Record IET orders reached
$4.9 billion.
Baker Hughes
Baker Hughes
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Key Q1 2026 Financial Highlights (Released April 23, 2026)
Revenue:
$6,587 million, down 11% sequentially but up 2% year-over-year (YoY).
Baker Hughes
Baker Hughes
Net Income:
$930 million (GAAP), up 6% sequentially and 131% YoY still
