Baker Hughes Co (BKR) Form 8-K — Oct 27, 2026
Baker Hughes reported Q3 2026 revenue of $8.0 billion, up 14% year-over-year, with orders of $10.8 billion (up 31%) and record RPO of $46.4 billion including a record $39.4 billion in IET backlog. Adjusted diluted EPS was $0.70 versus $0.68 a year ago, while GAAP diluted EPS fell 33% to $0.41 on Chart acquisition-related transaction costs, intangible amortization, and inventory step-up charges. Adjusted EBITDA rose 14% YoY to $1,415 million and free cash flow was $769 million. Management raised its Horizon 2 (2026-2028) IET order outlook to $50 billion plus, citing demand from AI data centers, LNG, and gas infrastructure.
Key figures
- Eps
- 0.41
- Revenue
- 8025000000
- Guidance
- Raised full-year IET order guidance and Horizon 2 (2026-2028) IET order outlook to $50 billion plus
- Net Income
- 411000000
- Revenue Yoy
- 14%
- Total Assets
- 59063000000
- Cash Position
- 4068000000
- Rpo
- 46.4 billion (record IET RPO of $39.4 billion)
- Orders
- 10764000000
- Iet orders
- 5886000000
- Book to bill
- 1.3
- Free cash flow
- 769000000
- Adjusted ebitda
- 1415000000
- Iet book to bill
- 1.7
- Adjusted net income
- 695000000
- Operating cash flow
- 1005000000
- Adjusted diluted eps
- 0.7
- Net cash paid for chart acquisition
- 14150000000
AI analysis
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