BKR Q3 2022 Earnings — Baker Hughes Company Revenue & Financial Results | Market Cap Arena

BKRBaker Hughes Company

$60B

Q3 2022 Earnings

Energy Oil & Gas Equipment & Services

Income Statement

Revenue

$5.4B+5.4% YoY

Gross Profit

$1.1B20.9% margin

Operating Income

$269M5.0% margin

Net Income

-$17M-0.3% margin

EPS (Diluted)

$-0.02

QoQ Revenue Growth

+6.4%

Cash Flow

Operating Cash Flow

$597M

Free Cash Flow

$417M

Stock-Based Comp.

$53M

Balance Sheet

Total Assets

$33.2B

Total Liabilities

$18.8B

Stockholders' Equity

$14.1B

Cash & Equivalents

$2.9B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$5.4B	$5.1B	+5.4%
Gross Profit	$1.1B	$1.0B	+11.3%
Operating Income	$269M	$378M	-28.8%
Net Income	-$17M	$8M	-312.5%

Revenue Segments

Oilfield Services And Equipment

$2.8B53%

Turbomachinery and Process Solutions

$1.4B27%

Oilfield Equipment

$561M10%

Digital Solutions

$528M10%

Geographic Segments

Non-US

$4.1B76%

UNITED STATES

$1.3B24%