Baker Hughes reports Q2 profit growth on strong orders and cash flow
Filed with the SEC on · Summarized by InvestorsBot
Baker Hughes reported second-quarter 2026 revenue of $6.742 billion, attributable net income of $681 million, adjusted EPS of $0.64, and free cash flow of $1.109 billion for the period ended June 30. Orders rose 49% year over year to $10.5 billion, including record Industrial & Energy Technology orders of $7.1 billion, while remaining performance obligations reached $40.1 billion; the company also completed its all-cash acquisition of Chart Industries in July and raised its full-year IET orders guidance to more than $45 billion through 2028.