Baker Hughes delivered a solid Q1 2025 with revenue of $6.427 billion and a resilient gross margin of 22.95%, underscored by a strong operating profit of $0.752 billion and net income of $0.402 billion. Despite a QoQ revenue decline of 12.7% (vs. Q4 2024), the company produced robust free cash flow of $0.409 billion and healthy operating cash flow of $0.709 billion, supported by disciplined cost management and favorable product mix. Net debt remained comfortable at approximately $2.75 billion with a solid liquidity base ($3.28 billion cash), underpinning ongoing capital allocation to dividends and buybacks while maintaining a prudent balance sheet. In summary, the quarter reflects margin resilience, cash-generation discipline, and a constructive, albeit cyclical, growth outlook aligned with upstream capex cycles and subsea/digital opportunities.
Baker Hughes Company (0RR8.L) QQ1 2026 Results: Record IET Orders, Horizon 2 Growth Trajectory, and Portfolio Optimization Amid Geopolitical Uncertain...