Baker Hughes said on July 16, 2026 that it completed its acquisition of Chart Industries at $210 per share, with total consideration paid of $14.8 billion and net cash paid for the acquisition of $14.2 billion after deducting cash acquired.

1. 01

   Baker Hughes said on July 16, 2026 that it completed its acquisition of Chart Industries at $210 per share, with total consideration paid of $14.8 billion and net cash paid for the acquisition of $14.2 billion after deducting cash acquired.

2. 02

   The company said revenue for Q3 2026 rose $1.0 billion, or 14%, year over year to $8.0 billion, of which $0.9 billion came from the contribution of Chart, and net income fell $198 million, or 32%, to $0.4 billion.

3. 03

   The company said it issued $6.5 billion senior notes and €3.0 billion euro-denominated notes on March 11, 2026, and on July 15 it entered into two $1.0 billion term loans maturing in 2 years, which it used with cash on hand to fund the Chart acquisition.

4. 04

   The company said that as of September 30, 2026, cash and cash equivalents were $4.1 billion, and remaining performance obligations (RPO) were $46.4 billion, of which IET accounted for $39.4 billion, Chart for $3.6 billion, and OFSE for $3.4 billion.

Analysis scope · Management's discussion (MD&A)We analyzed the Management's Discussion and Analysis (MD&A) section. Other sections of the report, such as the notes to the financial statements and risk factors, were not reviewed.

Structured SEC financial data for this filing is not available yet. Please check the figures in the SEC filing.

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

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.