v3.25.2
Condensed Consolidated Statements of Income (Loss) (Unaudited) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Revenue:        
Total revenue $ 6,910 $ 7,139 $ 13,337 $ 13,557
Costs and expenses:        
Selling, general and administrative 567 643 1,144 1,261
Research and development costs 161 158 307 322
Other (income) expense, net (134) (26) 6 (48)
Interest expense, net 54 47 105 88
Income before income taxes 967 824 1,528 1,465
Provision for income taxes (256) (243) (408) (421)
Net income 711 581 1,120 1,044
Less: Net income attributable to noncontrolling interests 10 2 17 10
Net income attributable to Baker Hughes Company $ 701 $ 579 $ 1,103 $ 1,034
Class A Common Stock        
Per share amounts:        
Basic income per Class A common stock (in dollars per share) $ 0.71 $ 0.58 $ 1.11 $ 1.04
Diluted income per Class A common stock (in dollars per share) 0.71 0.58 1.11 1.03
Cash dividend per Class A common stock (in dollars per share) $ 0.23 $ 0.21 $ 0.46 $ 0.42
Sales of goods        
Revenue:        
Total revenue $ 4,516 $ 4,552 $ 8,660 $ 8,550
Costs and expenses:        
Costs 3,602 3,657 6,932 6,933
Sales of services        
Revenue:        
Total revenue 2,394 2,587 4,677 5,007
Costs and expenses:        
Costs $ 1,693 $ 1,836 $ 3,315 $ 3,536