Baker Hughes Co Class A

BKR: XNAS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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Baker Hughes Earnings: Zigging Up as Others Zag Down; Raising Fair Value by 7%

Joshua Aguilar

Jul 23, 2025

Baker Hughes' second-quarter revenue of $6.9 billion rose nearly 8% sequentially. Adjusted EBITDA margin expanded to 17.5%, up 139 basis points sequentially and 171 basis points year on year. Management raised the midpoint of its 2025 EBITDA guidance by 6% to $4.95 billion.

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United States

Baker Hughes Co Class A

Baker Hughes Earnings: Zigging Up as Others Zag Down; Raising Fair Value by 7%

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