Baker Hughes exceeded analyst expectations with a robust first-quarter performance, reporting revenue of $6.59 billion and adjusted earnings per share of $0.58, up 17.5% from forecasts. The company saw an impressive rise in its operating margin to 19.3% and recorded bookings of $4.9 billion, despite foreseeing potential revenue declines due to ongoing geopolitical issues like the U.S.-Iran war. Additionally, Baker Hughes anticipates generating significant cash flow from the anticipated divestiture of Waygate Technologies, projected to yield around $3 billion.
“Baker Hughes · has · market cap · $63.96 billion”
“Baker Hughes · announced · first-quarter adjusted earnings and sales that surpassed analyst expectations”
“Baker Hughes · reported · first-quarter 2026 results · strong”
“Baker Hughes · announced revenue · $6.59 billion · 2.5% increase year-over-year”
“Baker Hughes · reported adjusted earnings per share · $0.58 · 17.5% above analysts' consensus estimates”
“Baker Hughes · improved adjusted EBITDA margin · 17.6% · increase”
“Baker Hughes · operating margin · 19.3% · jumped to from 11.7% in the same quarter last year”
“Baker Hughes · is up · 41.9% · since the beginning of the year”
“Baker Hughes · reported · Q1 CY2026 results · beating Wall Street’s revenue expectations”
“Baker Hughes Company (BKR) · consensus earnings per share forecast · $0.50 · 0.50”
“Baker Hughes Company (BKR) · percentage decrease in earnings per share · 1.96% · 1.96%”
“Baker Hughes Company (BKR) · Price to Earnings ratio · 26.06 · 26.06”