Baker Hughes (BKR) Revenue — Quarter Ended Dec 31, 2024
Revenue increased in the reported quarter, continuing the upward trajectory. Both sequential and year-over-year comparisons showed growth.
Key takeaway
Quarter ended Dec 31, 2024 · FY2024 Q4
Revenue increased in the reported quarter, continuing the upward trajectory. Both sequential and year-over-year comparisons showed growth.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$7.4B
Revenue reported for this quarter.
Quarter-over-quarter
+6.6%
Change from the immediately preceding quarter.
Year-over-year
+7.7%
Change from the comparable year-ago quarter.
Trailing four quarters
$27.8B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Mar 31, 2024 | $6.4B | +12.3% |
| Jun 30, 2024 | $7.1B | +13.0% |
| Sep 30, 2024 | $6.9B | +4.0% |
| Dec 31, 2024 | $7.4B | +7.7% |
Revenue performance
The reported quarter's revenue rose compared to the immediately preceding quarter, reflecting sustained business momentum.
Quarterly comparison
Revenue also grew compared to the same quarter one year earlier, indicating a year-over-year improvement.
What to watch
The company's cash and cash equivalents increased from the prior year-end, supporting financial flexibility.