BKR Q3 2023 Earnings — Baker Hughes Company Revenue & Financial Results | Market Cap Arena

BKRBaker Hughes Company

$60B

Q3 2023 Earnings

Energy Oil & Gas Equipment & Services

Income Statement

Revenue

$6.6B+23.7% YoY

Gross Profit

$1.3B20.2% margin

Operating Income

$714M10.8% margin

Net Income

$518M7.8% margin

EPS (Diluted)

$0.51

QoQ Revenue Growth

+5.2%

Cash Flow

Operating Cash Flow

$811M

Free Cash Flow

$529M

Stock-Based Comp.

$50M

Balance Sheet

Total Assets

$36.5B

Total Liabilities

$21.2B

Stockholders' Equity

$15.3B

Cash & Equivalents

$3.2B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$6.6B	$5.4B	+23.7%
Gross Profit	$1.3B	$1.1B	+19.5%
Operating Income	$714M	$269M	+165.4%
Net Income	$518M	-$17M	+3147.1%

Revenue Segments

Oilfield Services And Equipment

$4.0B59%

Industrial And Energy Technology

$2.7B41%