Baker Hughes Reports Strong Q1 2026 Net Income of $930 Million
Baker Hughes reported a significant increase in net income for Q1 2026, reaching $930 million, up 131.34% from $402 million in Q1 2025. Revenue rose slightly to $6.5 billion, but the OFSE segment saw a 7% revenue decline due to asset disposals and Middle East disruptions. The company secured several major contracts in oilfield services.
Tickers: $BKR
Topics: Contracts Earnings Per Share EBITDA Net Income Oilfield Services Revenue Growth