Baker Hughes Files Q1 2025 10-Q
Ticker: BKR · Form: 10-Q · Filed: 2025-04-23T00:00:00.000Z
Sentiment: neutral
Topics: 10-Q, earnings, oil-and-gas
Related Tickers: BKR
TL;DR
Baker Hughes Q1 2025 10-Q is in. Financials and ops details out.
AI Summary
Baker Hughes Co. filed its 10-Q for the period ending March 31, 2025. The filing details financial performance and operational updates for the first quarter of 2025. Key financial data and business segment information are presented, reflecting the company's activities in the oil and gas machinery and equipment sector.
Why It Matters
This filing provides investors with the latest financial results and operational insights for Baker Hughes, a major player in the energy sector, impacting investment decisions.
Risk Assessment
Risk Level: medium — 10-Q filings are standard financial reports, but the energy sector itself carries inherent market and operational risks.
Key Numbers
- 2025 Q1 — Reporting Period (First quarter of 2025 financial performance)
- 2024-03-31 — Prior Year Quarter End (Comparison point for Q1 2025 results)
Key Players & Entities
- Baker Hughes Co. (company) — Filer of the 10-Q
- 20250331 (date) — End of the reporting period
- 20250423 (date) — Filing date
- 0001701605 (company) — Central Index Key for Baker Hughes Co.
- OIL & GAS FILED MACHINERY & EQUIPMENT [3533] (industry) — Standard Industrial Classification
FAQ
What were the total revenues for the first quarter of 2025?
The filing indicates financial data for the period ending March 31, 2025, but specific total revenue figures are not detailed in this header information.
What is Baker Hughes' Standard Industrial Classification code?
Baker Hughes Co. is classified under OIL & GAS FILED MACHINERY & EQUIPMENT [3533].
When was this 10-Q filing submitted to the SEC?
This 10-Q filing was submitted on April 23, 2025.
What is the fiscal year end for Baker Hughes?
Baker Hughes' fiscal year ends on December 31.
What was the previous name of Baker Hughes?
Baker Hughes was formerly known as Baker Hughes a GE Co. until July 3, 2017.
From the Filing
0001701605-25-000075.txt : 20250423 0001701605-25-000075.hdr.sgml : 20250423 20250423163111 ACCESSION NUMBER: 0001701605-25-000075 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 111 CONFORMED PERIOD OF REPORT: 20250331 FILED AS OF DATE: 20250423 DATE AS OF CHANGE: 20250423 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Baker Hughes Co CENTRAL INDEX KEY: 0001701605 STANDARD INDUSTRIAL CLASSIFICATION: OIL & GAS FILED MACHINERY & EQUIPMENT [3533] ORGANIZATION NAME: 01 Energy & Transportation EIN: 814403168 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-Q SEC ACT: 1934 Act SEC FILE NUMBER: 001-38143 FILM NUMBER: 25862026 BUSINESS ADDRESS: STREET 1: 575 NORTH DAIRY ASHFORD ROAD, SUITE 100 CITY: HOUSTON STATE: TX ZIP: 77079-1121 BUSINESS PHONE: 713-439-8600 MAIL ADDRESS: STREET 1: 575 NORTH DAIRY ASHFORD ROAD, SUITE 100 CITY: HOUSTON STATE: TX ZIP: 77079-1121 FORMER COMPANY: FORMER CONFORMED NAME: Baker Hughes a GE Co DATE OF NAME CHANGE: 20170703 FORMER COMPANY: FORMER CONFORMED NAME: Bear Newco, Inc. DATE OF NAME CHANGE: 20170321 10-Q 1 bkr-20250331.htm 10-Q bkr-20250331 0001701605 12/31 2025 Q1 false xbrli:shares iso4217:USD iso4217:USD xbrli:shares xbrli:pure bkr:segment bkr:product_line 0001701605 2025-01-01 2025-03-31 0001701605 bkr:A5.125SeniorNotesDue2040OfBakerHughesHoldingsLLCAndBakerHughesCoObligorInc.Domain 2025-01-01 2025-03-31 0001701605 2025-04-16 0001701605 us-gaap:ProductMember 2025-01-01 2025-03-31 0001701605 us-gaap:ProductMember 2024-01-01 2024-03-31 0001701605 us-gaap:ServiceMember 2025-01-01 2025-03-31 0001701605 us-gaap:ServiceMember 2024-01-01 2024-03-31 0001701605 2024-01-01 2024-03-31 0001701605 us-gaap:CommonClassAMember 2025-01-01 2025-03-31 0001701605 us-gaap:CommonClassAMember 2024-01-01 2024-03-31 0001701605 2025-03-31 0001701605 2024-12-31 0001701605 us-gaap:CommonClassAMember 2024-12-31 0001701605 us-gaap:CommonClassAMember 2025-03-31 0001701605 us-gaap:CommonStockMember 2024-12-31 0001701605 us-gaap:AdditionalPaidInCapitalMember 2024-12-31 0001701605 us-gaap:RetainedEarningsMember 2024-12-31 0001701605 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-12-31 0001701605 us-gaap:NoncontrollingInterestMember 2024-12-31 0001701605 us-gaap:RetainedEarningsMember 2025-01-01 2025-03-31 0001701605 us-gaap:NoncontrollingInterestMember 2025-01-01 2025-03-31 0001701605 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2025-01-01 2025-03-31 0001701605 us-gaap:AdditionalPaidInCapitalMember 2025-01-01 2025-03-31 0001701605 us-gaap:CommonStockMember 2025-03-31 0001701605 us-gaap:AdditionalPaidInCapitalMember 2025-03-31 0001701605 us-gaap:RetainedEarningsMember 2025-03-31 0001701605 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2025-03-31 0001701605 us-gaap:NoncontrollingInterestMember 2025-03-31 0001701605 us-gaap:CommonStockMember 2023-12-31 0001701605 us-gaap:AdditionalPaidInCapitalMember 2023-12-31 0001701605 us-gaap:RetainedEarningsMember 2023-12-31 0001701605 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-12-31 0001701605 us-gaap:NoncontrollingInterestMember 2023-12-31 0001701605 2023-12-31 0001701605 us-gaap:RetainedEarningsMember 2024-01-01 2024-03-31 0001701605 us-gaap:NoncontrollingInterestMember 2024-01-01 2024-03-31 0001701605 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-01-01 2024-03-31 0001701605 us-gaap:AdditionalPaidInCapitalMember 2024-01-01 2024-03-31 0001701605 us-gaap:CommonStockMember 2024-03-31 0001701605 us-gaap:AdditionalPaidInCapitalMember 2024-03-31 0001701605 us-gaap:RetainedEarningsMember 2024-03-31 0001701605 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-03-31 0001701605 us-gaap:NoncontrollingInterestMember 2024-03-31 0001701605 2024-03-31 0001701605 bkr:SupplyChainFinanceProgramsMember us-gaap:AccountingStandardsUpdate202204Member 2025-03-31 0001701605 bkr:SupplyChainFinanceProgramsMember us-gaap:AccountingStandardsUpdate202204Member 2024-12-31 0001701605 us-gaap:TradeAccountsReceivableMember 2025-03-31 0001701605