Baker Hughes Co (BKR) Form 8-K — Jul 27, 2026
Baker Hughes reported second-quarter 2026 revenue of $6.7 billion, slightly down 2% year-over-year due to dispositions, while orders surged 49% to $10.5 billion driven by record bookings in the Industrial & Energy Technology segment. The company achieved a record backlog of $40.1 billion, with Remaining Performance Obligations increasing to $40.1 billion, reflecting robust demand across gas infrastructure and power markets. Operationally, the company generated $1.1 billion in free cash flow and Adjusted EBITDA of $1.2 billion, which exceeded the high end of guidance.
Key figures
- Eps
- $0.68
- Revenue
- $6.742 billion
- Net Income
- $681 million
- Total Debt
- $15.479 billion
- Revenue Yoy
- -2%
- Cash Position
- $15.727 billion
- RPO
- $40.1 billion
- Orders
- $10.501 billion
- Orders Yoy
- 49%
- Adjusted EPS
- $0.64
- Free Cash Flow
- $1.109 million
- Adjusted EBITDA
- $1.231 billion
- Adjusted EBITDASequential
- 6%
Price after filing
Close on the filing date to close N calendar days later (from $56.09). Historical, not a forecast.
AI analysis
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.