Baker Hughes Q4 Earnings Exceed Expectations
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 26 2026
0mins
Should l Buy BKR?
Source: seekingalpha
- Earnings Beat: Baker Hughes reported a Q4 non-GAAP EPS of $0.78, surpassing expectations by $0.11, indicating sustained profitability that could boost investor confidence.
- Revenue Growth: The company achieved Q4 revenue of $7.39 billion, a 0.4% year-over-year increase, exceeding analyst expectations by $304 million, demonstrating stable growth in a competitive market.
- Strong Orders: Baker Hughes secured $7.9 billion in orders during Q4, including $4.0 billion in Industrial & Energy Technology (IET) orders, reflecting robust market demand and reinforcing the company's market position.
- Record Backlog: The year-end backlog reached a record $35.9 billion, with IET backlog hitting $32.4 billion, indicating strong revenue potential and ongoing business growth in the future.
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Analyst Views on BKR
Wall Street analysts forecast BKR stock price to rise
13 Analyst Rating
12 Buy
1 Hold
0 Sell
Strong Buy
Current: 60.600
Low
52.00
Averages
61.54
High
67.00
Current: 60.600
Low
52.00
Averages
61.54
High
67.00
About BKR
Baker Hughes Company is an energy technology company that provides solutions to energy and industrial customers worldwide. The Company's segments include Oilfield Services & Equipment (OFSE) and Industrial & Energy Technology (IET). OFSE segment provides products and services for onshore and offshore oilfield operations across the lifecycle of a well, ranging from exploration, appraisal, and development, to production, rejuvenation, and decommissioning. OFSE segment is organized into four product lines: Well Construction; Completions, Intervention, and Measurements; Production Solutions, and Subsea. IET segment provides technology solutions and services for mechanical-drive, compression and power-generation applications across the energy industry including oil and gas, liquefied natural gas operations, downstream refining, and petrochemical markets, as well as lower carbon solutions to broader energy and industrial sectors. IET segment also provides equipment, software, and services.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- US Oil Drilling Rig Count: The number of active oil drilling rigs in the U.S. has decreased by one, bringing the total to 410 as of April 17.
- Baker Hughes Report: This data is reported by Baker Hughes, a key provider of rig count statistics in the oil industry.
See More
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- Oil Price Surge: President Trump’s threat of a military blockade in the Strait of Hormuz quickly pushed oil prices back above $100 a barrel, a level that could have widespread implications for the global economy.
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- Children's Place Stock Plunge: Children's Place (PLCE) shares tumbled 16% following a disappointing Q4 marked by a 19.4% year-over-year sales decline to $329 million, reflecting ongoing challenges with weak e-commerce traffic and reduced consumer demand.
See More
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- Broad Business Scope: The divestiture includes Waygate's remote visual inspection, ultrasound, radiography, and imaging solutions portfolios along with all related assets, indicating Baker Hughes' strategic focus on non-destructive testing solutions.
- Strategic Alignment: This transaction aligns with Baker Hughes' goals to enhance portfolio value, strengthen earnings and cash flow, and improve its balance sheet, which is expected to support the company's future financial health.
- Hexagon's Market Position: Hexagon, a Sweden-based measurement technology company with approximately 24,500 employees operating in over 50 countries, will enhance its solution capabilities across industries such as aerospace, automotive, and construction through the acquisition of Waygate Technologies.
See More
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- Asset Integration: The sale includes all assets, intellectual property, and resources of Waygate Technologies, aimed at enhancing the company's profitability and cash flow stability through optimized asset management, thereby improving its financial health.
- Strategic Restructuring: Baker Hughes indicated that this transaction complements three completed deals and the pending acquisition of Chart Industries, demonstrating the company's commitment to reshaping its portfolio in response to market dynamics.
- Future Outlook: The deal is expected to close in the second half of 2026, with J.P. Morgan Securities LLC serving as the exclusive financial advisor to Baker Hughes, ensuring a smooth transaction process and further solidifying the company's market position.
See More
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- Transaction Value: Baker Hughes has entered into an agreement to sell Waygate Technologies to Hexagon for approximately $1.45 billion in an all-cash deal, expected to close in the second half of 2026, thereby enhancing the company's financial stability.
- Business Focus: The divestiture of Waygate Technologies, which includes its non-destructive testing solutions, underscores Baker Hughes' strategic decision to optimize its portfolio and concentrate on core operations, aiming to improve long-term returns.
- Market Leadership: Waygate Technologies is a global leader in non-destructive testing, with assets including visual inspection, ultrasound, and imaging solutions, and the sale will allow Baker Hughes to allocate resources towards high-growth areas such as rotating equipment and digitalization.
- Financial Advisory: J.P. Morgan Securities LLC is serving as the exclusive financial advisor to Baker Hughes for this transaction, reflecting the company's disciplined approach to capital allocation.
See More
