Baker Hughes (BKR) 10-K Summaries & Annual Filing History
Review Baker Hughes Company (BKR) 10-K filings from 2023 through the latest annual report, including business, financial performance, risks, and liquidity.
Key takeaway
Year ended Dec 31, 2025 · FY2025 10-K
The filing covers Baker Hughes' business overview, risk factors, and financial condition. The company's revenue was nearly flat compared to the prior period, while net income and operating cash flow remained positive.
Financial snapshot
Selected annual figures reported with the filing, shown separately from the narrative summary.
Annual revenue
$27.7B
Revenue reported for the fiscal year.
Operating income
n/a
Income from operations reported for the year.
Net income
$2.6B
Net income reported for the year.
Operating cash flow
$3.8B
Cash generated by operating activities.
Annual revenue trend
Reported annual revenue and its change from the preceding fiscal year.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Dec 31, 2022 | $21.2B | +3.2% |
| Dec 31, 2023 | $25.5B | +20.6% |
| Dec 31, 2024 | $27.8B | +9.1% |
| Dec 31, 2025 | $27.7B | -0.3% |
Business overview
The supplied filing context does not contain a detailed description of the company's business. The filing references Item 1 'Business' but the actual text is not included in the provided data.
Financial performance
Revenue for the reported period was nearly unchanged from the prior period. Net income and operating cash flow were both positive.
Material risks
The filing lists risk factors under Item 1A, but the specific risks are not detailed in the supplied data. Therefore, no material risks can be identified from the provided context.
Liquidity and capital
The company's cash and cash equivalents increased compared to the end of the prior period. It maintains a committed undrawn revolving credit facility, and a substantial portion of cash is held outside the U.S. and reinvested in foreign operations.
What to watch
Investors should monitor the company's decisions regarding repatriation of cash held outside the U.S. and any related tax consequences.