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Orders by Segment
Tracks incoming orders across various segments, indicating demand trends and potential future revenue streams.Baker Hughes' Industrial and Energy Technology segment is experiencing robust growth, with orders reaching $4.1 billion in Q3 2025, reflecting strategic momentum in LNG and power generation. This aligns with the company's positive outlook and record backlog, despite macroeconomic challenges. Conversely, the Oilfield Services and Equipment segment faces margin pressures and subdued upstream investment, highlighting a strategic pivot towards energy technology. The company's focus on LNG and natural gas, supported by strategic acquisitions, positions it well for long-term growth, aiming for 20% margins by 2028.
Date | Oilfield Services and Equipment | Industrial and Energy Technology |
|---|---|---|
Mar 31, 2026 | $3.27B | $4.89B |
Dec 31, 2025 | $3.86B | $4.02B |
Sep 30, 2025 | $4.07B | $4.14B |
Jun 30, 2025 | $3.50B | $3.53B |
Mar 31, 2025 | $3.28B | $3.18B |
Dec 31, 2024 | $3.74B | $3.76B |
Sep 30, 2024 | $3.81B | $2.87B |
Jun 30, 2024 | $4.07B | $3.46B |
Mar 31, 2024 | $3.62B | $2.92B |
Dec 31, 2023 | $3.87B | $3.03B |