Baker Hughes Company's Revenue
- Baker Hughes Company's annual revenue was $25.51B in fiscal year 2023. The annual revenue increased $4.35B from $21.16B (in 2022) to $25.51B (in 2023), representing a 20.56% year-over-year growth.
- Baker Hughes Company's quarterly revenue was $6.91B in the quarter ending Sep 2024. The quarterly revenue increased $267.00M from $6.64B (in Q3: June 2023) to $6.91B (in Q3: June 2024), representing a 4.02% year-over-year growth.
- The highest annual revenue for Baker Hughes Company was $25.51B in fiscal year 2023.
- The lowest annual revenue was $13.27B in fiscal year 2016.
- The average revenue was $20.19B.
- Revenue is the amount of money generated by a business from sales of its goods or services. Refer to our glossary for more details, examples, and formulas.
Over the past 10 years (2014 - 2023):
Learn more about Baker Hughes Company's Revenue by Segment and Revenue by Region.
Check out competitors to Baker Hughes Company in a side-by-side comparison.
Explore additional financial metrics for Baker Hughes Company.
Definition of Revenue :
| 2014 | 19191000000.00 |
|---|---|
| 2015 | 16688000000.00 |
| 2016 | 13269000000.00 |
| 2017 | 17179000000.00 |
| 2018 | 22877000000.00 |
| 2019 | 23838000000.00 |
| 2020 | 20705000000.00 |
| 2021 | 20536000000.00 |
| 2022 | 21156000000.00 |
| 2023 | 25506000000.00 |
| Mar 2016 | 3407000000.00 |
|---|---|
| Jun 2016 | 3322000000.00 |
| Sep 2016 | 3024000000.00 |
| Dec 2016 | 3516000000.00 |
| Mar 2017 | 5373000000.00 |
| Jun 2017 | 2404000000.00 |
| Sep 2017 | 5375000000.00 |
| Dec 2017 | 5763000000.00 |
| Mar 2018 | 5399000000.00 |
| Jun 2018 | 5548000000.00 |
| Sep 2018 | 5665000000.00 |
| Dec 2018 | 6264000000.00 |
| Mar 2019 | 5615000000.00 |
| Jun 2019 | 5994000000.00 |
| Sep 2019 | 5882000000.00 |
| Dec 2019 | 6347000000.00 |
| Mar 2020 | 5425000000.00 |
| Jun 2020 | 4736000000.00 |
| Sep 2020 | 5049000000.00 |
| Dec 2020 | 5495000000.00 |
| Mar 2021 | 4782000000.00 |
| Jun 2021 | 5142000000.00 |
| Sep 2021 | 5093000000.00 |
| Dec 2021 | 5519000000.00 |
| Mar 2022 | 4835000000.00 |
| Jun 2022 | 5047000000.00 |
| Sep 2022 | 5369000000.00 |
| Dec 2022 | 5905000000.00 |
| Mar 2023 | 5716000000.00 |
| Jun 2023 | 6315000000.00 |
| Sep 2023 | 6641000000.00 |
| Dec 2023 | 6835000000.00 |
| Mar 2024 | 6418000000.00 |
| Jun 2024 | 7139000000.00 |
| Sep 2024 | 6908000000.00 |
2023
Baker Hughes Company's annual revenue was $25.51B in fiscal year 2023.
Baker Hughes Company's quarterly revenue was $5.72B(Q1: Mar 2023), $6.32B(Q2: Jun 2023), $6.64B(Q3: Sep 2023), $6.84B(Q4: Dec 2023) in fiscal year 2023.
2022
Baker Hughes Company's annual revenue was $21.16B in fiscal year 2023.
Baker Hughes Company's quarterly revenue was $4.84B(Q1: Mar 2022), $5.05B(Q2: Jun 2022), $5.37B(Q3: Sep 2022), $5.91B(Q4: Dec 2022) in fiscal year 2022.
2021
Baker Hughes Company's annual revenue was $20.54B in fiscal year 2023.
Baker Hughes Company's quarterly revenue was $4.78B(Q1: Mar 2021), $5.14B(Q2: Jun 2021), $5.09B(Q3: Sep 2021), $5.52B(Q4: Dec 2021) in fiscal year 2021.
2020
Baker Hughes Company's annual revenue was $20.71B in fiscal year 2023.
Baker Hughes Company's quarterly revenue was $5.43B(Q1: Mar 2020), $4.74B(Q2: Jun 2020), $5.05B(Q3: Sep 2020), $5.50B(Q4: Dec 2020) in fiscal year 2020.
2019
Baker Hughes Company's annual revenue was $23.84B in fiscal year 2023.
Baker Hughes Company's quarterly revenue was $5.62B(Q1: Mar 2019), $5.99B(Q2: Jun 2019), $5.88B(Q3: Sep 2019), $6.35B(Q4: Dec 2019) in fiscal year 2019.
2018
Baker Hughes Company's annual revenue was $22.88B in fiscal year 2023.
Baker Hughes Company's quarterly revenue was $5.40B(Q1: Mar 2018), $5.55B(Q2: Jun 2018), $5.67B(Q3: Sep 2018), $6.26B(Q4: Dec 2018) in fiscal year 2018.
2017
Baker Hughes Company's annual revenue was $17.18B in fiscal year 2023.
Baker Hughes Company's quarterly revenue was $5.37B(Q1: Mar 2017), $2.40B(Q2: Jun 2017), $5.38B(Q3: Sep 2017), $5.76B(Q4: Dec 2017) in fiscal year 2017.
2016
Baker Hughes Company's annual revenue was $13.27B in fiscal year 2023.
Baker Hughes Company's quarterly revenue was $3.41B(Q1: Mar 2016), $3.32B(Q2: Jun 2016), $3.02B(Q3: Sep 2016), $3.52B(Q4: Dec 2016) in fiscal year 2016.
2015
Baker Hughes Company's annual revenue was $16.69B in fiscal year 2023.
in fiscal year 2015.
2014
Baker Hughes Company's annual revenue was $19.19B in fiscal year 2023.
in fiscal year 2014.
| 2014 | 0 |
|---|---|
| 2015 | -13.04 |
| 2016 | -20.49 |
| 2017 | +29.47 |
| 2018 | +33.17 |
| 2019 | +4.20 |
| 2020 | -13.14 |
| 2021 | -0.82 |
| 2022 | +3.02 |
| 2023 | +20.56 |
| Q1: Mar 16 | 0 |
|---|---|
| Q2: Jun 16 | 0 |
| Q3: Sep 16 | 0 |
| Q4: Dec 16 | 0 |
| Q1: Mar 17 | 57.70 |
| Q2: Jun 17 | -27.63 |
| Q3: Sep 17 | 77.74 |
| Q4: Dec 17 | 63.91 |
| Q1: Mar 18 | 0.48 |
| Q2: Jun 18 | 130.78 |
| Q3: Sep 18 | 5.40 |
| Q4: Dec 18 | 8.69 |
| Q1: Mar 19 | 4.00 |
| Q2: Jun 19 | 8.04 |
| Q3: Sep 19 | 3.83 |
| Q4: Dec 19 | 1.33 |
| Q1: Mar 20 | -3.38 |
| Q2: Jun 20 | -20.99 |
| Q3: Sep 20 | -14.16 |
| Q4: Dec 20 | -13.42 |
| Q1: Mar 21 | -11.85 |
| Q2: Jun 21 | 8.57 |
| Q3: Sep 21 | 0.87 |
| Q4: Dec 21 | 0.44 |
| Q1: Mar 22 | 1.11 |
| Q2: Jun 22 | -1.85 |
| Q3: Sep 22 | 5.42 |
| Q4: Dec 22 | 6.99 |
| Q1: Mar 23 | 18.22 |
| Q2: Jun 23 | 25.12 |
| Q3: Sep 23 | 23.69 |
| Q4: Dec 23 | 15.75 |
| Q1: Mar 24 | 12.28 |
| Q2: Jun 24 | 13.05 |
| Q3: Sep 24 | 4.02 |
2023
Baker Hughes Company’s annual revenue increased +20.56% during fiscal year 2023 compared to 2022. It represents a growth of $4.35B from $21.16B (in 2022) to $25.51B (in 2023).
2022
Baker Hughes Company’s annual revenue increased +3.02% during fiscal year 2022 compared to 2021. It represents a growth of $620.00M from $20.54B (in 2021) to $21.16B (in 2022).
2021
Baker Hughes Company’s annual revenue decreased -0.82% during fiscal year 2021 compared to 2020. It represents a decline of -$169.00M from $20.71B (in 2020) to $20.54B (in 2021).
2020
Baker Hughes Company’s annual revenue decreased -13.14% during fiscal year 2020 compared to 2019. It represents a decline of -$3.13B from $23.84B (in 2019) to $20.71B (in 2020).
2019
Baker Hughes Company’s annual revenue increased +4.20% during fiscal year 2019 compared to 2018. It represents a growth of $961.00M from $22.88B (in 2018) to $23.84B (in 2019).
2018
Baker Hughes Company’s annual revenue increased +33.17% during fiscal year 2018 compared to 2017. It represents a growth of $5.70B from $17.18B (in 2017) to $22.88B (in 2018).
2017
Baker Hughes Company’s annual revenue increased +29.47% during fiscal year 2017 compared to 2016. It represents a growth of $3.91B from $13.27B (in 2016) to $17.18B (in 2017).
2016
Baker Hughes Company’s annual revenue decreased -20.49% during fiscal year 2016 compared to 2015. It represents a decline of -$3.42B from $16.69B (in 2015) to $13.27B (in 2016).
2015
Baker Hughes Company’s annual revenue decreased -13.04% during fiscal year 2015 compared to 2014. It represents a decline of -$2.50B from $19.19B (in 2014) to $16.69B (in 2015).
Summary Table (Annual)
| Period | Revenue | Year-over-Year Change |
|---|---|---|
| 2023 | $25.51B | +20.56% |
| 2022 | $21.16B | +3.02% |
| 2021 | $20.54B | -0.82% |
| 2020 | $20.71B | -13.14% |
| 2019 | $23.84B | +4.20% |
| 2018 | $22.88B | +33.17% |
| 2017 | $17.18B | +29.47% |
| 2016 | $13.27B | -20.49% |
| 2015 | $16.69B | -13.04% |
Summary Table (Quarterly)
| Period | Revenue | Year-over-Year Change |
|---|---|---|
| Q3: Sep 24 | $6.91B | 4.02% |
| Q2: Jun 24 | $7.14B | 13.05% |
| Q1: Mar 24 | $6.42B | 12.28% |
| Q4: Dec 23 | $6.84B | 15.75% |
| Q3: Sep 23 | $6.64B | 23.69% |
| Q2: Jun 23 | $6.32B | 25.12% |
| Q1: Mar 23 | $5.72B | 18.22% |
| Q4: Dec 22 | $5.91B | 6.99% |
| Q3: Sep 22 | $5.37B | 5.42% |
| Q2: Jun 22 | $5.05B | -1.85% |
| Q1: Mar 22 | $4.84B | 1.11% |
| Q4: Dec 21 | $5.52B | 0.44% |
| Q3: Sep 21 | $5.09B | 0.87% |
| Q2: Jun 21 | $5.14B | 8.57% |
| Q1: Mar 21 | $4.78B | -11.85% |
| Q4: Dec 20 | $5.50B | -13.42% |
| Q3: Sep 20 | $5.05B | -14.16% |
| Q2: Jun 20 | $4.74B | -20.99% |
| Q1: Mar 20 | $5.43B | -3.38% |
| Q4: Dec 19 | $6.35B | 1.33% |
| Q3: Sep 19 | $5.88B | 3.83% |
| Q2: Jun 19 | $5.99B | 8.04% |
| Q1: Mar 19 | $5.62B | 4.00% |
| Q4: Dec 18 | $6.26B | 8.69% |
| Q3: Sep 18 | $5.67B | 5.40% |
| Q2: Jun 18 | $5.55B | 130.78% |
| Q1: Mar 18 | $5.40B | 0.48% |
| Q4: Dec 17 | $5.76B | 63.91% |
| Q3: Sep 17 | $5.38B | 77.74% |
| Q2: Jun 17 | $2.40B | -27.63% |
| Q1: Mar 17 | $5.37B | 57.70% |
| Q4: Dec 16 | $3.52B | 0% |
| Q3: Sep 16 | $3.02B | 0% |
| Q2: Jun 16 | $3.32B | 0% |
| Q1: Mar 16 | $3.41B | 0% |
