Baker Hughes Co.

Company Snapshot

Founded: 1987
Entity Type: Public
Employees: 56,000
Region: Non-U.S.
Revenue: $27,733 Millions
Revenue Year: 2025
Headquarter: Texas, U.S.
Key Geographics: U.S., Rest of the World
Corporate Address: 575 North Dairy Ashford Road Suite 100, Houston, Texas 77079-1121 U.S. Tel. +1-713-439-8600 www.bakerhughes.com

Company Overview

Baker Hughes Co. is an energy technology company with a diverse portfolio of equipment and service capabilities that span energy and industrial solutions. It operates through two business segments; oilfield services & equipment (OFSE) and industrial & energy technology (IET). Its IET segment offers aero-derivative gas turbines, heavy-duty gas turbines, small- to medium-sized industrial gas turbines, steam turbines, hot gas and turboexpanders, and electric motors. It also offers digital solutions such as non-destructive testing and inspection, sensor-based process measurement and pipeline integrity solutions. Baker Hughes has its presence in over 120 countries.

Financial Highlights (FY 2025)

Net Revenue: ***
Total Current Liabilities: ***
Total Current Assets: ***
R&D expenses: ***
Operating Income: ***

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Baker Hughes Co. In Reports

Global Hydrogen Gas Turbines Market

BCC Research Explore the global hydrogen gas turbines market by design, configuration, fuel composition and application, with regional forecasts to 2031.

Gas and Steam Turbine: Global Markets

According to BCC Research detailed report on gas and steam turbine markets are included to illustrate historical, current, and future market scenarios. 2024 is considered a base year, 2025.

Metal-organic Frameworks: Global Markets

BCC Research Market Analyst says global market for metal-organic frameworks is expected to grow from $459.6 million in 2024 to $949.2 million by the end of 2029, at a CAGR of 15.6%

Company's Business Segments

  • Oilfield Services & Equipment : This segment organized its products into four lines: Well Construction; Completions, Intervention, & Measurements; Production Solutions; and Subsea & Surface Pressure Systems.
  • Industrial & Energy Technology : This segment organized its products into five lines:  Gas Technology Equipment; Gas Technology Services; Industrial Products; Industrial Solutions; and Climate Technology Solutions ("CTS").

Applications/End User Industries

  • Oil and Gas
  • Energy
  • Liquified Natural Gas
  • Offshore Drilling
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