Baker Hughes Q2 FY26 net income falls 3% year-over-year to $681 million; revenue drops 2% year-over-year to $6.7 billion

• Baker Hughes posted Q2 2026 net income attributable to shareholders of USD 681 million, down 27% sequentially; GAAP diluted EPS fell 27% to USD 0.68.
• Orders climbed 29% sequentially to USD 10.5 billion; revenue rose 2% to USD 6.74 billion.
• Remaining performance obligations increased to USD 40.1 billion from Q1, including record IET RPO of USD 37.1 billion.
• Cash flow from operating activities surged to USD 1.35 billion from Q1; free cash flow rose to USD 1.11 billion.
• Completed the Chart acquisition in July; announced sale of Waygate Technologies to Hexagon for about USD 1.45 billion cash.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Baker Hughes Company published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202607261700PRIMZONEFULLFEED9788236) on July 26, 2026, and is solely responsible for the information contained therein.