Screener / SEC EDGAR /CIK 0001701605 /10-K filed Feb 5, 2026, compared with Feb 4, 2025 /Numbers from the XBRL of the 10-Ks
Energy peers:
Nasdaq Energy · Oilfield Equipment

Baker Hughes BKR

Baker Hughes Company ("Baker Hughes," "the Company," "we," "us," or "our") is an energy technology company with a diversified portfolio of technologies and services that span the energy and industrial value chain. 10-K, Item 1

Employees
56,000
Headquarters
Houston, TX
CEO
Lorenzo Simonelli
Next results
around Jan 25, 2027
Compare with peers Embed

BKR among Energy peers

Six ratios from the latest 10-K. Each corner is the share of 20 peers the company is above, not a score.

Compare
Revenue growth: -0.3%, above 50% of 20 peers (their median 1.2%) REVENUE GROWTH -0.3% · above 50% Net margin: 10.1%, above 35% of 20 peers (their median 14.8%) NET MARGIN 10.1% · above 35% FCF margin: 11.2%, above 38% of 13 peers (their median 12.4%) FCF MARGIN 11.2% · above 38%
BKR Peer median Below the median

What changed

20 new risk paragraphs. 10-K filed Feb 5, 2026 against Feb 4, 2025.

Each row opens the detail with the quote and the filing. A row is a change worth reading, not a verdict.

Accounting checks

11 checks on the latest 10-K. Checks, not verdicts.

How it works

0facts worth reading about all 11 checks found nothing to note

  • Receivables -6.8% vs revenue -0.3% (-6.4 pts)
  • Cash from operations $3.8B vs net income $2.6B (FY ending Dec 31, 2025)
  • Inventory +0.0% vs revenue -0.3% (+0.3 pts)
8 more checks with nothing to note
  • Same auditor in both 10-Ks: KPMG LLP
  • No statement of substantial doubt about going concern
  • No 8-K item 4.02 in the last 2 years
  • No NT 10-K or NT 10-Q in the last 2 years
  • The same matters as last year: Revenue recognition on certain agreements for sales of equipment manufactured to unique customer specifications
  • No sentence in the 10-K concludes that controls were not effective because of a material weakness
  • No 8-K item 2.06 in the last 2 years
  • No 8-K item 1.03 in the last 2 years

In their words

20 paragraphs in Risk Factors that were not in the 10-K filed Feb 4, 2025. Quoted as filed.

All 20 new paragraphs
  1. Item 1A · new paragraph · not in the 10-K filed Feb 4, 2025 10-K, ITEM 1A
    Furthermore, the uncertainty and variability in energy transition timelines across different regions may make it difficult to optimize our portfolio and resource allocation decisions. Our ability to achieve our strategic objectives and financial targets depends on accurately anticipating market demand across both traditional and…
  2. Item 1A · new paragraph · not in the 10-K filed Feb 4, 2025 10-K, ITEM 1A
    Our proposed transaction with Chart creates business, regulatory, and reputational risks. On July 28, 2025, we entered into a merger agreement with Chart, which sets forth the terms of our proposed transaction. The proposed transaction with Chart entails important risks, including, among others: the expected timing and likelihood of…
  3. Item 1A · new paragraph · not in the 10-K filed Feb 4, 2025 10-K, ITEM 1A
    On July 4, 2025, the One Big Beautiful Bill Act ("OBBBA") was enacted, introducing broad changes to the U.S. tax code, including modifications to federal income tax provisions. The legislation has multiple effective dates, with certain provisions effective in 2025 and others taking effect in later years. The aggregate impact of the…
  4. Item 1A · new paragraph · not in the 10-K filed Feb 4, 2025 10-K, ITEM 1A
    Recent changes in U.S. administrative policy, including increases in tariffs and any changes in international trade relations or trade agreements, may have an adverse effect on our business. There is continued uncertainty about the future relationship between the U.S. and various other countries with respect to tariffs, trade policies,…

New risk paragraphs, against peers

Latest 10-K of each, Energy companies closest in revenue

Paragraphs in Risk Factors with nothing like them in the company's 10-K the year before. A count of text, not of risk.

Financial performance

Last 4 fiscal years · 10-K XBRL

All years
MetricFY2022FY2023FY2024FY2025
Revenue$21.2B$25.5B$27.8B$27.7B
Net income−$601.0M$1.9B$3.0B$2.6B
Operating cash flow$1.9B$3.1B$3.3B$3.8B
Free cash flow$899.0M$1.8B$2.1B$2.5B

Revenue, FY2016 to FY2025

Ten fiscal years, each from its own 10-K · XBRL · USD

$27.7B ▼ 0.3% in FY2025

FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Every number, year by year

Recent filings

3 filings in the last 30 days · SEC EDGAR

All filings

About the company

Baker Hughes, Houston, TX · from the 10-K filed Feb 5, 2026

Baker Hughes Company ("Baker Hughes," "the Company," "we," "us," or "our") is an energy technology company with a diversified portfolio of technologies and services that span the energy and industrial value chain. Built on a century of experience and conducting business in over 120 countries, our innovative technologies and services are taking energy forward. With our diverse portfolio, leading technology and clear purpose to make energy safer, cleaner and more efficient, Baker Hughes is well positioned to deliver solutions across industrial and energy markets.

Headquarters
Houston, TX
Country
United States
Listed on
Nasdaq
Fiscal year ends
December 31
Last results
Oct 27, 2026
Incorporated in
DE

Employees, at the top of the page: "As of December 31, 2025, we had approximately 56,000 employees" (10-K). Address and exchange: SEC's company file.

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Sources

The 10-K filed Feb 5, 2026 (open at SEC), compared with the 10-K filed Feb 4, 2025. Numbers from the XBRL of the 10-Ks; filings from SEC EDGAR.

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