Baker Hughes (BKR) 10-K Summary — Year Ended Dec 31, 2024
The filing provides financial metrics and liquidity details but lacks a business description and specific risk factors in the supplied data. Revenue grew compared to the prior year, and other key metrics were positive.
Key takeaway
Year ended Dec 31, 2024 · FY2025 10-K
The filing provides financial metrics and liquidity details but lacks a business description and specific risk factors in the supplied data. Revenue grew compared to the prior year, and other key metrics were positive.
Financial snapshot
Selected annual figures reported with the filing, shown separately from the narrative summary.
Annual revenue
$27.8B
Revenue reported for the fiscal year.
Operating income
$3.1B
Income from operations reported for the year.
Net income
$3B
Net income reported for the year.
Operating cash flow
$3.3B
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, 2021 | $20.5B | n/a |
| Dec 31, 2022 | $21.2B | +3.2% |
| Dec 31, 2023 | $25.5B | +20.6% |
| Dec 31, 2024 | $27.8B | +9.1% |
Business overview
The supplied filing does not include a description of the company's business.
Financial performance
Revenue increased compared to the prior year, continuing a multi-year growth trend. Operating income, net income, and operating cash flow were all reported at positive levels.
Material risks
The filing references risk factors but does not provide specific risk descriptions in the supplied data.
Liquidity and capital
The company maintains sufficient liquidity, with cash and cash equivalents increasing year-over-year. It has a committed revolving credit facility with no borrowings outstanding.
What to watch
Monitor the trend in revenue growth and operating cash flow in the next filing.