Baker Hughes Net Income/Loss 2010-2024 | BKR

Baker Hughes annual/quarterly net income/loss history and growth rate from 2010 to 2024. Net income/loss can be defined as the company's total income or loss before preferred stock dividends, taken from the Income Statement
  • Baker Hughes net income/loss for the quarter ending September 30, 2024 was $1.817B, a 19.62% increase year-over-year.
  • Baker Hughes net income/loss for the twelve months ending September 30, 2024 was $5.294B, a 110.33% increase year-over-year.
  • Baker Hughes annual net income/loss for 2023 was $1.97B, a 440.83% decline from 2022.
  • Baker Hughes annual net income/loss for 2022 was $-0.578B, a 75.15% increase from 2021.
  • Baker Hughes annual net income/loss for 2021 was $-0.33B, a 97.91% decline from 2020.
Baker Hughes Annual Net Income/Loss
(Millions of US $)
2023 $1,970
2022 $-578
2021 $-330
2020 $-15,761
2019 $271
2018 $283
2017 $-391
2016 $185
2015 $-631
2014 $1,731
2013 $1,103
2012 $1,317
2011 $1,743
2010 $819
2009 $421
Sector Industry Market Cap Revenue
Oils/Energy Oil & Gas - Field Services $43.648B $25.506B
Baker Hughes Company is one of the world's largest oilfield service providers. The integrated oilfield products and digital solutions of Baker Hughes help customers efficiently and cost-effectively refine and transport hydrocarbons with low environmental concerns. Moreover, with growing demand for clean energy and the need to curb greenhouse gas emissions, countries around the world are investing in LNG terminals. This has given Baker Hughes the opportunity to expand its reach beyond oilfields in order to capitalize on contracts for manufacturing equipment that is being used in LNG facilities.
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