Baker Hughes Co Reports Strong Q3 Results

By Greg Peters • Friday, October 24 12:09 • Permanent Link

Baker Hughes Company has announced its third-quarter 2025 results, showcasing several key financial metrics and operational highlights. The company reported orders of $8.2 billion, marking a 17% sequential increase and a 23% year-over-year increase. Revenue for the quarter stood at $7.0 billion, reflecting a marginal 1% sequential and year-over-year growth.

The attributable net income for Baker Hughes was $609 million, while GAAP diluted EPS came in at $0.61, representing a 13% sequential decrease and a 20% year-over-year decrease. Meanwhile, adjusted diluted EPS, a non-GAAP measure, was reported at $0.68, marking a 9% sequential increase and a 3% year-over-year increase.

Adjusted EBITDA for the quarter stood at $1,238 million, reflecting a 2% year-over-year increase. The company reported cash flows from operating activities of $929 million and free cash flow of $699 million, representing an 82% sequential increase in operating cash flows and a 7% decrease in free cash flow.

Baker Hughes' Industrial & Energy Technology (IET) segment witnessed a record RPO of $32.1 billion, showcasing a 3% sequential increase. The company also noted strong market tailwinds in LNG, power generation, and offshore, securing over $4 billion of IET orders for the third time in its history, along with record SSPS orders in the quarter.

The company's Oilfield Services & Equipment (OFSE) segment reported orders of $4.1 billion, marking a 16% sequential increase and a 7% year-over-year increase. Revenue for this segment was $3.6 billion, reflecting a 1% sequential increase and an 8% year-over-year decrease.

Furthermore, Baker Hughes highlighted its capital expenditures, net of proceeds from disposal of assets, which stood at $230 million for the quarter, with $148 million allocated to OFSE and $67 million to IET.

Baker Hughes' performance reflects its continued momentum and strategic execution, as well as its efforts to capitalize on market opportunities and strengthen its position in critical, high-growth markets. Today the company's shares have moved 3.36% to a price of $48.89. Check out the company's full 8-K submission here.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.