Baker Hughes Company ( (BKR) ) has released its Q1 earnings. Here is a breakdown of the information Baker Hughes Company presented to its investors.
Baker Hughes is an energy technology company that provides solutions for energy and industrial customers worldwide, operating in over 120 countries with a focus on making energy safer, cleaner, and more efficient. In its first-quarter 2025 earnings report, Baker Hughes highlighted strong performance with $6.5 billion in orders and a revenue of $6.4 billion, maintaining consistency year-over-year. The company reported a net income of $402 million and an adjusted EBITDA of $1,037 million, reflecting a 10% increase from the previous year. Key achievements include significant orders in the Industrial & Energy Technology segment and strategic agreements in the LNG and gas infrastructure markets. Despite a challenging macroeconomic environment, Baker Hughes remains confident in its strategy and portfolio resilience, aiming for sustainable growth and enhanced shareholder value.