BKR Q3 2024 Earnings — Baker Hughes Company Revenue & Financial Results | Market Cap Arena

BKRBaker Hughes Company

$60B

Q3 2024 Earnings

Energy Oil & Gas Equipment & Services

Income Statement

Revenue

$6.9B+4.0% YoY

Gross Profit

$1.5B22.3% margin

Operating Income

$930M13.5% margin

Net Income

$766M11.1% margin

EPS (Diluted)

$0.77

QoQ Revenue Growth

-3.2%

Cash Flow

Operating Cash Flow

$1.0B

Free Cash Flow

$710M

Stock-Based Comp.

$53M

Balance Sheet

Total Assets

$37.5B

Total Liabilities

$21.2B

Stockholders' Equity

$16.2B

Cash & Equivalents

$2.7B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$6.9B	$6.6B	+4.0%
Gross Profit	$1.5B	$1.3B	+14.8%
Operating Income	$930M	$714M	+30.3%
Net Income	$766M	$518M	+47.9%

Revenue Segments

Oilfield Services And Equipment

$4.0B57%

Industrial And Energy Technology

$2.9B43%