Baker Hughes Q1 2026 Earnings Call Summary
Baker Hughes reported record IET orders of $4.9 billion in Q1 2026, driven by Power Systems and LNG demand. Adjusted EBITDA exceeded guidance despite Middle East disruptions, with management citing operational efficiencies and margin expansion. The company is focusing on energy security and portfolio optimization through divestitures and an IPO.
Tickers: $BKR
Topics: Baker Hughes Earnings EBITDA IET Orders Market Outlook Mergers and Acquisitions Q1 2026 Strategic Shift