BKR Q2 2022 Earnings — Baker Hughes Company Revenue & Financial Results | Market Cap Arena

BKRBaker Hughes Company

$60B

Q2 2022 Earnings

Energy Oil & Gas Equipment & Services

Income Statement

Revenue

$5.0B-1.8% YoY

Gross Profit

$970M19.2% margin

Operating Income

-$25M-0.5% margin

Net Income

-$837M-16.6% margin

EPS (Diluted)

$-0.84

QoQ Revenue Growth

+4.4%

Cash Flow

Operating Cash Flow

$321M

Free Cash Flow

$147M

Stock-Based Comp.

$50M

Balance Sheet

Total Assets

$33.8B

Total Liabilities

$18.7B

Stockholders' Equity

$14.9B

Cash & Equivalents

$2.9B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$5.0B	$5.1B	-1.8%
Gross Profit	$970M	$976M	-0.6%
Operating Income	-$25M	$194M	-112.9%
Net Income	-$837M	-$68M	-1130.9%

Revenue Segments

Oilfield Services And Equipment

$2.7B53%

Turbomachinery and Process Solutions

$1.3B26%

Oilfield Equipment

$541M11%

Digital Solutions

$524M10%

Geographic Segments

Non-US

$3.8B76%

UNITED STATES

$1.2B24%