Baker Hughes Company's Revenue by Segment
In fiscal year 2023, Baker Hughes Company's revenue by segment (products & services) are as follows:
- Industrial And Energy Technology: $10.15B
- Oilfield Services And Equipment: $15.36B
Learn more about Baker Hughes Company’s Revenue by Geography
Check out competitors to Baker Hughes Company in a side-by-side comparison.
Explore additional financial metrics for Baker Hughes Company.
| Digital Solutions | 2057000000 |
|---|---|
| Oilfield Equipment | 2486000000 |
| Oilfield Services And Equipment | 9542000000 |
| Turbomachinery and Process Solutions | 6417000000 |
| Industrial And Energy Technology | 7926000000 |
|---|---|
| Oilfield Services And Equipment | 13229000000 |
| Industrial And Energy Technology | 10145000000 |
|---|---|
| Oilfield Services And Equipment | 15361000000 |
The above chart shows Baker Hughes Company's revenue percentage share by segment (products and services).
In fiscal year 2021, Baker Hughes Company's revenue by segment is as follows:
- Digital Solutions generated $2.06B in revenue, representing 10.03% of its total revenue.
- Oilfield Equipment generated $2.49B in revenue, representing 12.13% of its total revenue.
- Oilfield Services And Equipment generated $9.54B in revenue, representing 46.54% of its total revenue.
- Turbomachinery and Process Solutions generated $6.42B in revenue, representing 31.3% of its total revenue.
The biggest segment for Baker Hughes Company is the Oilfield Services And Equipment, which represents 46.54% of its total revenue.
The smallest segment for Baker Hughes Company is the Digital Solutions, which represents 10.03% of its total revenue.
The above chart shows Baker Hughes Company's revenue percentage share by segment (products and services).
In fiscal year 2022, Baker Hughes Company's revenue by segment is as follows:
- Industrial And Energy Technology generated $7.93B in revenue, representing 37.47% of its total revenue.
- Oilfield Services And Equipment generated $13.23B in revenue, representing 62.53% of its total revenue.
The biggest segment for Baker Hughes Company is the Oilfield Services And Equipment, which represents 62.53% of its total revenue.
The smallest segment for Baker Hughes Company is the Industrial And Energy Technology, which represents 37.47% of its total revenue.
The above chart shows Baker Hughes Company's revenue percentage share by segment (products and services).
In fiscal year 2023, Baker Hughes Company's revenue by segment is as follows:
- Industrial And Energy Technology generated $10.15B in revenue, representing 39.77% of its total revenue.
- Oilfield Services And Equipment generated $15.36B in revenue, representing 60.23% of its total revenue.
The biggest segment for Baker Hughes Company is the Oilfield Services And Equipment, which represents 60.23% of its total revenue.
The smallest segment for Baker Hughes Company is the Industrial And Energy Technology, which represents 39.77% of its total revenue.
Summary Table
| Products & Services (Percent Share) | 2021 | 2022 | 2023 |
|---|---|---|---|
| Digital Solutions | 10.03% | - | - |
| Oilfield Equipment | 12.13% | - | - |
| Oilfield Services And Equipment | 46.54% | 62.53% | 60.23% |
| Turbomachinery and Process Solutions | 31.3% | - | - |
| Industrial And Energy Technology | - | 37.47% | 39.77% |
| Total Revenue | 100% | 100% | 100% |
The above chart shows the revenue trend of different segments of Baker Hughes Company.
In fiscal year 2023, the Oilfield Services And Equipment generated the most revenue ($15.36B), and the Industrial And Energy Technology generated the least revenue ($10.15B).
The above chart shows growth drivers and a year-over-year comparison of different segments' revenue.
Summary Table
| Products & Services | 2021 | 2022 | 2023 |
|---|---|---|---|
| Digital Solutions | $2.06B - | - - | - - |
| Industrial And Energy Technology | - - | $7.93B - |
$10.15B
28.00%
|
| Oilfield Equipment | $2.49B - | - - | - - |
| Oilfield Services And Equipment | $9.54B - |
$13.23B
38.64%
|
$15.36B
16.12%
|
| Turbomachinery and Process Solutions | $6.42B - | - - | - - |
| Total Revenue | $20.50B - |
$21.16B
3.19%
|
$25.51B
20.57%
|
Related company
