Baker Hughes reports $6.7 billion in second-quarter revenue
Filed with the SEC on · Summarized by InvestorsBot
Baker Hughes reported second-quarter 2026 revenue of $6.742 billion, down 2% year over year, with GAAP net income of $681 million, diluted EPS of $0.68 and adjusted diluted EPS of $0.64 for the period ended June 30. Orders rose 49% year over year to $10.5 billion, including record $7.1 billion in IET orders, while remaining performance obligations reached $40.1 billion; the company also completed its all-cash acquisition of Chart Industries in July and announced the planned $1.45 billion sale of Waygate Technologies to Hexagon.