BKR Q2 2023 Earnings — Baker Hughes Company Revenue & Financial Results | Market Cap Arena

BKRBaker Hughes Company

$60B

Q2 2023 Earnings

Energy Oil & Gas Equipment & Services

Income Statement

Revenue

$6.3B+25.1% YoY

Gross Profit

$1.3B20.8% margin

Operating Income

$514M8.1% margin

Net Income

$410M6.5% margin

EPS (Diluted)

$0.40

QoQ Revenue Growth

+10.5%

Cash Flow

Operating Cash Flow

$858M

Free Cash Flow

$582M

Stock-Based Comp.

$49M

Balance Sheet

Total Assets

$36.1B

Total Liabilities

$20.8B

Stockholders' Equity

$15.1B

Cash & Equivalents

$2.8B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$6.3B	$5.0B	+25.1%
Gross Profit	$1.3B	$970M	+35.2%
Operating Income	$514M	-$25M	+2156.0%
Net Income	$410M	-$837M	+149.0%

Revenue Segments

Oilfield Services And Equipment

$3.9B61%

Industrial And Energy Technology

$2.4B39%