Baker Hughes annual operating expenses
2015
2016
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2022
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2024
2025
Baker Hughes Operating Expenses Growth & History (BKR)
Baker Hughes's operating expenses was $2.99B for fiscal 2025.
View full Baker Hughes company overviewBaker Hughes annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $2.99B | −$21.76B | −87.93% |
| 2024 | 2024-12-31 | $24.75B | $1.56B | +6.72% |
| 2023 | 2023-12-31 | $23.19B | $3.22B | +16.11% |
| 2022 | 2022-12-31 | $19.97B | $779.0M | +4.06% |
| 2021 | 2021-12-31 | $19.19B | −$17.49B | −47.68% |
| 2020 | 2020-12-31 | $36.68B | $13.92B | +61.14% |
| 2019 | 2019-12-31 | $22.76B | $588.0M | +2.65% |
| 2018 | 2018-12-31 | $22.18B | $4.71B | +26.99% |
| 2017 | 2017-12-31 | $17.46B | $4.84B | +38.32% |
| 2016 | 2016-12-31 | $12.63B | −$4.20B | −24.97% |
| 2015 | 2015-12-31 | $16.83B | — | — |
Baker Hughes quarterly operating expenses
Q3.16
Q1.17
Q2.17
Q3.17
Q1.18
Q2.18
Q3.18
Q4.18
Q1.19
Q2.19
Q3.19
Q4.19
Q1.20
Q2.20
Q3.20
Q4.20
Q1.21
Q2.21
Q3.21
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $712.0M | −$16.0M | −2.20% |
| Q1 2026 | 2026-03-31 | $695.0M | — | — |
| Q4 2025 | 2025-12-31 | $783.0M | −$5.92B | −88.31% |
| Q3 2025 | 2025-09-30 | $753.0M | −$5.22B | −87.40% |
| Q2 2025 | 2025-06-30 | $728.0M | −$5.58B | −88.46% |
| Q4 2024 | 2024-12-31 | $6.70B | $516.0M | +8.35% |
| Q3 2024 | 2024-09-30 | $5.98B | $51.0M | +0.86% |
| Q2 2024 | 2024-06-30 | $6.31B | $505.0M | +8.71% |
| Q1 2024 | 2024-03-31 | $5.76B | $487.0M | +9.23% |
| Q4 2023 | 2023-12-31 | $6.18B | $940.0M | +17.93% |
| Q3 2023 | 2023-09-30 | $5.93B | $827.0M | +16.22% |
| Q2 2023 | 2023-06-30 | $5.80B | $729.0M | +14.37% |
| Q1 2023 | 2023-03-31 | $5.28B | $722.0M | +15.85% |
| Q4 2022 | 2022-12-31 | $5.24B | $332.0M | +6.76% |
| Q3 2022 | 2022-09-30 | $5.10B | $385.0M | +8.17% |
| Q2 2022 | 2022-06-30 | $5.07B | $124.0M | +2.51% |
| Q1 2022 | 2022-03-31 | $4.56B | −$62.0M | −1.34% |
| Q4 2021 | 2021-12-31 | $4.91B | −$402.0M | −7.57% |
| Q3 2021 | 2021-09-30 | $4.71B | −$383.0M | −7.51% |
| Q2 2021 | 2021-06-30 | $4.95B | $160.0M | +3.34% |
| Q1 2021 | 2021-03-31 | $4.62B | −$16.87B | −78.50% |
| Q4 2020 | 2020-12-31 | $5.31B | −$704.0M | −11.70% |
| Q3 2020 | 2020-09-30 | $5.10B | −$487.0M | −8.72% |
| Q2 2020 | 2020-06-30 | $4.79B | −$935.0M | −16.34% |
| Q1 2020 | 2020-03-31 | $21.48B | $16.05B | +295.00% |
| Q4 2019 | 2019-12-31 | $6.02B | $134.0M | +2.28% |
| Q3 2019 | 2019-09-30 | $5.58B | $202.0M | +3.75% |
| Q2 2019 | 2019-06-30 | $5.72B | $253.0M | +4.63% |
| Q1 2019 | 2019-03-31 | $5.44B | −$1.0M | −0.02% |
| Q4 2018 | 2018-12-31 | $5.88B | — | — |
| Q3 2018 | 2018-09-30 | $5.38B | −$111.0M | −2.02% |
| Q2 2018 | 2018-06-30 | $5.47B | $2.39B | +77.54% |
| Q1 2018 | 2018-03-31 | $5.44B | $2.46B | +82.67% |
| Q3 2017 | 2017-09-30 | $5.49B | $2.65B | +92.91% |
| Q2 2017 · Jun 30 | 2017-06-30 | $3.08B | — | — |
| Q1 2017 | 2017-03-31 | $2.98B | — | — |
| Q3 2016 | 2016-09-30 | $2.85B | — | — |
Baker Hughes operating expenses trends
Over the last five fiscal years, Baker Hughes's operating expenses decreased from $36.68B to $2.99B, a change of −$33.70B. The latest reported quarter, Q2 2026, shows $712.0M.
About the metric
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
Calculation and source
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Baker Hughes source filings ↗