BKR Q1 2023 Earnings — Baker Hughes Company Revenue & Financial Results | Market Cap Arena

BKRBaker Hughes Company

$60B

Q1 2023 Earnings

Energy Oil & Gas Equipment & Services

Income Statement

Revenue

$5.7B+18.2% YoY

Gross Profit

$1.1B20.1% margin

Operating Income

$438M7.7% margin

Net Income

$576M10.1% margin

EPS (Diluted)

$0.57

QoQ Revenue Growth

-3.2%

Cash Flow

Operating Cash Flow

$461M

Free Cash Flow

$197M

Stock-Based Comp.

$49M

Balance Sheet

Total Assets

$35.0B

Total Liabilities

$20.2B

Stockholders' Equity

$14.7B

Cash & Equivalents

$2.4B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$5.7B	$4.8B	+18.2%
Gross Profit	$1.1B	$970M	+18.5%
Operating Income	$438M	$279M	+57.0%
Net Income	$576M	$72M	+700.0%

Revenue Segments

Oilfield Services And Equipment

$3.6B63%

Industrial And Energy Technology

$2.1B37%