Baker Hughes annual r&d spending
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Baker Hughes R&D Spending Growth & History (BKR)
Baker Hughes's r&d spending was $600.0M for fiscal 2025.
View full Baker Hughes company overviewBaker Hughes annual r&d spending history
| Fiscal year | Period ended | R&D spending | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $600.0M | −$43.0M | −6.69% |
| 2024 | 2024-12-31 | $643.0M | −$8.0M | −1.23% |
| 2023 | 2023-12-31 | $651.0M | $99.0M | +17.93% |
| 2022 | 2022-12-31 | $552.0M | $60.0M | +12.20% |
| 2021 | 2021-12-31 | $492.0M | −$103.0M | −17.31% |
| 2020 | 2020-12-31 | $595.0M | −$92.0M | −13.39% |
| 2019 | 2019-12-31 | $687.0M | −$13.0M | −1.86% |
| 2018 | 2018-12-31 | $700.0M | $199.0M | +39.72% |
| 2017 | 2017-12-31 | $501.0M | $149.0M | +42.33% |
| 2016 | 2016-12-31 | $352.0M | −$56.0M | −13.73% |
| 2015 | 2015-12-31 | $408.0M | — | — |
Baker Hughes quarterly r&d spending
Q3.16
Q2.17
Q3.17
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | R&D spending | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $143.0M | −$18.0M | −11.18% |
| Q1 2026 | 2026-03-31 | $133.0M | −$13.0M | −8.90% |
| Q4 2025 | 2025-12-31 | $147.0M | −$16.0M | −9.82% |
| Q3 2025 | 2025-09-30 | $146.0M | −$12.0M | −7.59% |
| Q2 2025 | 2025-06-30 | $161.0M | $3.0M | +1.90% |
| Q1 2025 | 2025-03-31 | $146.0M | −$18.0M | −10.98% |
| Q4 2024 | 2024-12-31 | $163.0M | — | — |
| Q3 2024 | 2024-09-30 | $158.0M | — | — |
| Q2 2024 | 2024-06-30 | $158.0M | — | — |
| Q1 2024 | 2024-03-31 | $164.0M | — | — |
| Q3 2017 | 2017-09-30 | $162.0M | $75.0M | +86.21% |
| Q2 2017 · Jun 30 | 2017-06-30 | $0 | — | — |
| Q3 2016 | 2016-09-30 | $87.0M | — | — |
Baker Hughes r&d spending trends
Over the last five fiscal years, Baker Hughes's r&d spending increased from $595.0M to $600.0M, a change of $5.0M. The latest reported quarter, Q2 2026, shows $143.0M.
About the metric
What research and development spending means
Research and development (R&D) spending covers the costs of creating and improving products, services, software, technologies, and processes. Higher R&D spending may support future innovation, but the amount alone does not show whether those investments will generate returns.
Calculation and source
SEC-reported R&D expense
TickerStat standardizes research and development expense reported in company SEC filings, including the software-specific US-GAAP R&D concept when it is the filer’s primary R&D expense line. It is historical company-reported spending, not an estimate or forecast. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Baker Hughes source filings ↗