Baker Hughes (BKR) reported third-quarter 2026 revenue of $8.025 billion, up 19% sequentially and 14% year over year. GAAP net income was $411 million, while GAAP diluted earnings per share was $0.41.
The company reported $10.764 billion in orders and remaining performance obligations of $46.4 billion. Third-quarter results included activity from Chart Industries following Baker Hughes' July 16 acquisition.
- Orders totaled $10.764 billion, including $5.886 billion for Industrial & Energy Technology.
- Cash flow from operating activities was $1.005 billion.
- Oilfield Services & Equipment revenue was $3.660 billion, while Industrial & Energy Technology revenue was $3.477 billion.
- Chart generated $888 million in revenue during the quarter.
- RPO ended the quarter at $46.4 billion, including $39.4 billion for Industrial & Energy Technology.
$BKR Insider Trading Activity
$BKR insiders have traded $BKR stock on the open market 6 times in the past 6 months. Of those trades, 0 have been purchases and 6 have been sales.
Here’s a breakdown of recent trading of $BKR stock by insiders over the last 6 months:
- LORENZO SIMONELLI (Chairman, President and CEO) has made 0 purchases and 2 sales selling 362,822 shares for an estimated $22,094,045.
- AHMED FARHAN MOGHAL (EVP, Chief Financial Officer) has made 0 purchases and 2 sales selling 23,392 shares for an estimated $1,459,192.
- JAMES E APOSTOLIDES (Chief Infra & Performance Ofcr) sold 12,261 shares for an estimated $814,375
- REBECCA L CHARLTON (SVP, Controller & CAO) sold 5,088 shares for an estimated $326,751
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$BKR Hedge Fund Activity
We have seen 574 institutional investors add shares of $BKR stock to their portfolio, and 543 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- JPMORGAN CHASE & CO added 69,935,638 shares (+inf%) to their portfolio in Q2 2026, for an estimated $3,881,427,909
- INVESCO LTD. added 20,656,854 shares (+140.7%) to their portfolio in Q2 2026, for an estimated $1,146,455,397
- SIXTH STREET PARTNERS MANAGEMENT COMPANY, L.P. added 8,614,262 shares (+inf%) to their portfolio in Q2 2026, for an estimated $478,091,541
- MASSACHUSETTS FINANCIAL SERVICES CO /MA/ added 4,984,914 shares (+224.9%) to their portfolio in Q2 2026, for an estimated $276,662,727
- DZ BANK AG DEUTSCHE ZENTRAL GENOSSENSCHAFTS BANK, FRANKFURT AM MAIN added 4,005,088 shares (+29.2%) to their portfolio in Q2 2026, for an estimated $222,282,384
- MARSHALL WACE, LLP removed 3,094,822 shares (-82.8%) from their portfolio in Q2 2026, for an estimated $171,762,621
- DEUTSCHE BANK AG\ added 2,524,894 shares (+56.1%) to their portfolio in Q2 2026, for an estimated $140,131,617
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
