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Earnings ·

Reports Q3 revenue of $8.0 billion and adjusted EPS of $0.70, raising full-year IET order outlook to over $50 billion

BKRBaker Hughes Co

Baker Hughes reported third-quarter 2026 results with revenue of $8.0 billion, up 14% year-over-year, driven by the recent acquisition of Chart Industries and strong demand in energy infrastructure. The company posted adjusted diluted earnings per share of $0.70 and adjusted EBITDA of $1.415 billion. Orders totaled $10.8 billion, including $5.9 billion from the Industrial & Energy Technology segment, which achieved its second-largest order quarter on record. Management raised full-year IET order guidance and the Horizon 2 (2026-2028) outlook to over $50 billion, citing broad-based demand across data centers, LNG, and gas infrastructure. The Oilfield Services & Equipment segment delivered solid results supported by international momentum, while Chart contributed its first quarter as part of Baker Hughes with $888 million in revenue. Baker Hughes is an energy technology company that provides solutions to energy and industrial customers worldwide.

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