Baker Hughes (BKR) Revenue — Quarter Ended Mar 31, 2025
Revenue declined from the prior quarter but was essentially flat compared with the same quarter last year. The sequential decrease followed a period of growth in the preceding quarters.
Key takeaway
Quarter ended Mar 31, 2025 · FY2025 Q1
Revenue declined from the prior quarter but was essentially flat compared with the same quarter last year. The sequential decrease followed a period of growth in the preceding quarters.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$6.4B
Revenue reported for this quarter.
Quarter-over-quarter
-12.7%
Change from the immediately preceding quarter.
Year-over-year
+0.1%
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 |
|---|---|---|
| Jun 30, 2024 | $7.1B | +13.0% |
| Sep 30, 2024 | $6.9B | +4.0% |
| Dec 31, 2024 | $7.4B | +7.7% |
| Mar 31, 2025 | $6.4B | +0.1% |
Revenue performance
The reported revenue for the quarter was lower than the immediately preceding quarter, reversing the upward trend seen in earlier periods.
Quarterly comparison
Compared with the prior quarter, revenue decreased. Versus the same quarter one year earlier, revenue was nearly unchanged, showing a minimal year-over-year change.
What to watch
Monitor whether the sequential decline continues or stabilizes in the coming quarters.