Baker Hughes Research and Development Expenses 2010-2024 | BKR

Baker Hughes annual/quarterly research and development expenses history and growth rate from 2010 to 2024. Research and development expenses can be defined as an expense arising from studies and product development processes.
  • Baker Hughes research and development expenses for the quarter ending September 30, 2024 were $M, a NAN% increase year-over-year.
  • Baker Hughes research and development expenses for the twelve months ending September 30, 2024 were $0M, a NAN% increase year-over-year.
  • Baker Hughes annual research and development expenses for 2023 were $0B, a NAN% decline from 2022.
  • Baker Hughes annual research and development expenses for 2022 were $0B, a NAN% decline from 2021.
  • Baker Hughes annual research and development expenses for 2021 were $0B, a NAN% decline from 2020.
Baker Hughes Annual Research and Development Expenses
(Millions of US $)
2023 $
2022 $
2021 $
2020 $
2019 $
2018 $
2017 $
2016 $
2015 $
2014 $613
2013 $556
2012 $497
2011 $462
2010 $429
2009 $397
Baker Hughes Quarterly Research and Development Expenses
(Millions of US $)
2024-09-30
2024-06-30
2024-03-31
2023-12-31
2023-09-30
2023-06-30
2023-03-31
2022-12-31
2022-09-30
2022-06-30
2022-03-31
2021-12-31
2021-09-30
2021-06-30
2021-03-31
2020-12-31
2020-09-30
2020-06-30
2020-03-31
2019-12-31
2019-09-30
2019-06-30
2019-03-31
2018-12-31
2018-09-30
2018-06-30
2018-03-31
2017-12-31
2017-09-30
2017-06-30
2017-03-31 $42
2016-12-31
2016-09-30
2016-06-30 $99
2016-03-31 $102
2015-12-31
2015-09-30 $110
2015-06-30 $118
2015-03-31 $138
2014-12-31 $152
2014-09-30 $159
2014-06-30 $159
2014-03-31 $143
2013-12-31 $156
2013-09-30 $142
2013-06-30 $131
2013-03-31 $127
2012-12-31 $127
2012-09-30 $118
2012-06-30 $128
2012-03-31 $124
2011-12-31 $127
2011-09-30 $115
2011-06-30 $114
2011-03-31 $106
2010-12-31 $105
2010-09-30 $118
2010-06-30 $112
2010-03-31 $94
2009-12-31 $98
2009-09-30 $88
2009-06-30 $102
2009-03-31 $109
Sector Industry Market Cap Revenue
Oils/Energy Oil & Gas - Field Services $45.330B $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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