Baker Hughes Reports Strong Q3 Results

By Tamara Parker • Friday, October 24 15:40 • Permanent Link

Baker Hughes Company has announced its third-quarter 2025 results, showcasing notable performance across various financial metrics. The company reported orders of $8.2 billion, representing a 17% sequential increase and a substantial 23% year-over-year growth. Revenue for the quarter stood at $7.0 billion, marking a marginal 1% increase compared to the previous quarter and the same period last year.

Attributable net income for Baker Hughes amounted to $609 million, with a GAAP diluted EPS of $0.61 and adjusted diluted EPS of $0.68. Adjusted EBITDA witnessed a 2% year-over-year increase, reaching $1,238 million. The company reported cash flows from operating activities of $929 million and free cash flow of $699 million, demonstrating an impressive 82% sequential increase in operating cash flows.

The business segments also displayed noteworthy performance. In the Oilfield Services & Equipment (OFSE) segment, orders surged by 16% sequentially, reaching $4,068 million. However, revenue for the segment experienced a 1% decline compared to the previous quarter and an 8% decrease year-over-year, amounting to $3,636 million. The segment's EBITDA margin suffered a marginal 0.3 percentage point sequential decrease to 18.5%.

Furthermore, the Industrial & Energy Technology (IET) segment reported a record RPO of $32.1 billion, representing a 3% sequential growth. The segment also secured over $4 billion in orders, marking only the third time in the company's history. Notably, IET's revenue increased by 2% year-over-year, underlining its strong performance.

Baker Hughes' CEO, Lorenzo Simonelli, expressed confidence in the company's performance, emphasizing the positive momentum from its business system deployment and the strength of its portfolio. The company's strategic acquisitions, including the intent to acquire Chart Industries, Inc. for approximately $13.6 billion, reflect its commitment to enhancing its portfolio and delivering value to customers.

Overall, Baker Hughes' robust financial performance and strategic initiatives underscore its resilience and strong market position, setting a positive trajectory for future growth and success.

As a result of these announcements, the company's shares have moved 3.36% on the market, and are now trading at a price of $48.89. If you want to know more, read the company's complete 8-K report 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.