BKR Q2 2024 Earnings — Baker Hughes Company Revenue & Financial Results | Market Cap Arena

BKRBaker Hughes Company

$60B

Q2 2024 Earnings

Energy Oil & Gas Equipment & Services

Income Statement

Revenue

$7.1B+13.0% YoY

Gross Profit

$1.5B20.9% margin

Operating Income

$847M11.9% margin

Net Income

$579M8.1% margin

EPS (Diluted)

$0.58

QoQ Revenue Growth

+11.2%

Cash Flow

Operating Cash Flow

$348M

Free Cash Flow

$56M

Stock-Based Comp.

$50M

Balance Sheet

Total Assets

$36.7B

Total Liabilities

$20.9B

Stockholders' Equity

$15.6B

Cash & Equivalents

$2.3B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$7.1B	$6.3B	+13.0%
Gross Profit	$1.5B	$1.3B	+13.7%
Operating Income	$847M	$514M	+64.8%
Net Income	$579M	$410M	+41.2%

Revenue Segments

Oilfield Services And Equipment

$4.0B56%

Industrial And Energy Technology

$3.1B44%