v3.26.1
Condensed Consolidated Statements of Income - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Revenue:    
Total revenue $ 6,587 $ 6,427
Costs and expenses:    
Selling, general and administrative 562 577
Research and development costs 133 146
Restructuring 37 0
Other (income) expense, net (588) 140
Interest expense, net 86 51
Income before income taxes 1,274 561
Provision for income taxes (336) (152)
Net income 938 409
Less: Net income attributable to noncontrolling interests 8 7
Net income attributable to Baker Hughes Company $ 930 $ 402
Class A Common Stock    
Per share amounts:    
Basic income per Class A common stock (in dollars per share) $ 0.94 $ 0.41
Diluted income per Class A common stock (in dollars per share) 0.93 0.40
Cash dividend per Class A common stock (in dollars per share) $ 0.23 $ 0.23
Sales of goods    
Revenue:    
Total revenue $ 4,357 $ 4,144
Costs and expenses:    
Costs 3,431 3,329
Sales of services    
Revenue:    
Total revenue 2,230 2,283
Costs and expenses:    
Costs $ 1,652 $ 1,623