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Baker Hughes First Quarter 2025 Earnings: Misses Expectations

Simply Wall St·04/24/2025 10:55:59
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Baker Hughes (NASDAQ:BKR) First Quarter 2025 Results

Key Financial Results

  • Revenue: US$6.43b (flat on 1Q 2024).
  • Net income: US$402.0m (down 12% from 1Q 2024).
  • Profit margin: 6.3% (down from 7.1% in 1Q 2024).
  • EPS: US$0.41 (down from US$0.46 in 1Q 2024).
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NasdaqGS:BKR Earnings and Revenue Growth April 24th 2025

All figures shown in the chart above are for the trailing 12 month (TTM) period

Baker Hughes Revenues and Earnings Miss Expectations

Revenue missed analyst estimates by 1.1%. Earnings per share (EPS) also missed analyst estimates by 15%.

Looking ahead, revenue is forecast to grow 2.2% p.a. on average during the next 3 years, compared to a 3.5% growth forecast for the Energy Services industry in the US.

Performance of the American Energy Services industry.

The company's shares are down 7.8% from a week ago.

Balance Sheet Analysis

While it's very important to consider the profit and loss statement, you can also learn a lot about a company by looking at its balance sheet. We've done some analysis and you can see our take on Baker Hughes' balance sheet.