BKR Q1 2024 Earnings — Baker Hughes Company Revenue & Financial Results | Market Cap Arena

BKRBaker Hughes Company

$60B

Q1 2024 Earnings

Energy Oil & Gas Equipment & Services

Income Statement

Revenue

$6.4B+12.3% YoY

Gross Profit

$1.3B19.9% margin

Operating Income

$660M10.3% margin

Net Income

$455M7.1% margin

EPS (Diluted)

$0.45

QoQ Revenue Growth

-6.1%

Cash Flow

Operating Cash Flow

$784M

Free Cash Flow

$451M

Stock-Based Comp.

$51M

Balance Sheet

Total Assets

$37.1B

Total Liabilities

$21.6B

Stockholders' Equity

$15.4B

Cash & Equivalents

$2.7B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$6.4B	$5.7B	+12.3%
Gross Profit	$1.3B	$1.1B	+11.2%
Operating Income	$660M	$438M	+50.7%
Net Income	$455M	$576M	-21.0%

Revenue Segments

Oilfield Services And Equipment

$3.8B59%

Industrial And Energy Technology

$2.6B41%