BKR Q1 2022 Earnings — Baker Hughes Company Revenue & Financial Results | Market Cap Arena

BKRBaker Hughes Company

$60B

Q1 2022 Earnings

Energy Oil & Gas Equipment & Services

Income Statement

Revenue

$4.8B+1.1% YoY

Gross Profit

$970M20.1% margin

Operating Income

$279M5.8% margin

Net Income

$72M1.5% margin

EPS (Diluted)

$0.08

QoQ Revenue Growth

-11.9%

Cash Flow

Operating Cash Flow

$72M

Free Cash Flow

-$105M

Stock-Based Comp.

$52M

Balance Sheet

Total Assets

$35.0B

Total Liabilities

$18.5B

Stockholders' Equity

$15.7B

Cash & Equivalents

$3.2B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$4.8B	$4.8B	+1.1%
Gross Profit	$970M	$858M	+13.1%
Operating Income	$279M	$164M	+70.1%
Net Income	$72M	-$452M	+115.9%

Revenue Segments

Oilfield Services And Equipment

$2.5B51%

Turbomachinery and Process Solutions

$1.3B28%

Oilfield Equipment

$528M11%

Digital Solutions

$474M10%

Geographic Segments

Non-US

$3.7B77%

UNITED STATES

$1.1B23%