The company said that for Q1 2025, revenue was roughly flat year over year at 6,427 million, net income attributable to Baker Hughes was 402 million, and adjusted EBITDA was 1,037 million, up 10% from a year earlier.

1. 01

   The company said that for Q1 2025, revenue was roughly flat year over year at 6,427 million, net income attributable to Baker Hughes was 402 million, and adjusted EBITDA was 1,037 million, up 10% from a year earlier.

2. 02

   The company said IET revenue for Q1 was 2,928 million, up 11% from a year earlier, with EBITDA of 501 million, up 30%, while OFSE revenue was 3,499 million, down 8%.

3. 03

   Baker Hughes said orders for Q1 2025 were 6.5 billion, including 3.2 billion from IET, remaining performance obligations (RPO) were 33.2 billion, and IET RPO was a record 30.4 billion.

4. 04

   Baker Hughes said cash flow from operating activities for Q1 2025 was 709 million and free cash flow was 454 million, and it returned 417 million to shareholders, including 188 million in share repurchases.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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