Baker Hughes Company ( (BKR) ) has released its Q2 earnings. Here is a breakdown of the information Baker Hughes Company presented to its investors.
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Baker Hughes Company is a global energy technology firm that provides solutions to energy and industrial customers, operating in over 120 countries with a focus on advancing energy technology for a safer, cleaner, and more efficient future.
In its second-quarter 2025 earnings report, Baker Hughes announced a slight decline in revenue year-over-year but highlighted strong performance in adjusted EBITDA and net income. The company emphasized its strategic focus on portfolio optimization and growth in its Industrial & Energy Technology (IET) segment.
Key financial metrics for the quarter included orders totaling $7.0 billion, revenue of $6.9 billion, and a net income of $701 million. Adjusted EBITDA rose by 7% year-over-year to $1,212 million. The company also reported a record backlog in its IET segment and announced strategic transactions to enhance its portfolio.
Baker Hughes is optimistic about its future performance, with expectations of continued growth in the IET segment offsetting challenges in other areas. The company raised its full-year revenue and EBITDA guidance for IET and is confident in achieving its full-year order guidance.
Looking ahead, Baker Hughes remains focused on sustainable growth, leveraging its diversified portfolio and strategic initiatives to enhance shareholder value and drive long-term success.