Baker Hughes Q3 attributable net income drops 33% year-over-year to $411 million; Q3 revenue rises 14% year-over-year to $8.03 billion

Bitget2026/10/27 21:09

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Baker Hughes’ third-quarter 2026 net income attributable to shareholders fell 33% year-over-year to $411 million.
Revenue rose 14% year-over-year to $8.03 billion, mainly driven by the Chart acquisition.
Orders climbed 31% year-over-year to $10.76 billion, while remaining performance obligations reached $46.4 billion.
Management raised its Horizon 2 IET order outlook to more than $50 billion, citing broad-based demand and ongoing capacity expansions.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Baker Hughes Company published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202610271700PRIMZONEFULLFEED9854301) on October 27, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Baker Hughes Q3 attributable net income drops 33% year-over-year to $411 million; Q3 revenue rises 14% year-over-year to $8.03 billion

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