← Baker Hughes Co

	FY 2016	FY 2017	FY 2018	FY 2019	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025
Total Revenue	$13.3b	$17.3b	$22.9b	$23.8b	$20.7b	$20.5b	$21.2b	$25.5b	$27.8b	$27.7b
Cost of Goods and Services Sold	$7.8b	$9.4b	$19.5b	$19.9b	$11.7b	$16.7b	$17.5b	$20.6b	$22.3b	$15.7b
Gross Profit	$3.1b	$3.2b	$4.0b	$4.4b	$9.0b	$3.8b	$3.7b	$4.9b	$5.5b	$12.0b
Selling, general and administrative	$1.9b	$2.5b	$2.7b	$2.8b	$2.4b	$2.5b	$2.5b	$2.6b	$2.5b	$2.4b
Operating Costs and Expenses	—	—	—	—	$36.7b	$19.2b	$20.0b	—	—	—
Operating Income (Loss)	$659.0m	($107.0m)	$701.0m	$1.1b	($16.0b)	$1.3b	$1.2b	$2.3b	$3.1b	—
Additional Financial Items
Amortization of Intangible Assets	$239.0m	$387.0m	$455.0m	$365.0m	$308.0m	$253.0m	$222.0m	$257.0m	$266.0m	$250.0m
Debt and Equity Securities, Gain (Loss)	—	—	—	—	—	—	—	—	—	($103.0m)
Debt and Equity Securities, Realized Gain (Loss)	—	—	—	—	—	—	—	—	—	($103.0m)
Debt and Equity Securities, Unrealized Gain (Loss)	—	—	—	—	$1.4b	($843.0m)	($271.0m)	$405.0m	$341.0m	—
Goodwill, Impairment Loss	$0	$0	—	—	$14.8b	$0	$0	—	—	—
Income (Loss) from Continuing Operations before Income Taxes, Domestic	($440.0m)	($1.2b)	($672.0m)	($693.0m)	($14.3b)	($724.0m)	($698.0m)	$882.0m	$1.1b	$911.0m
Income (Loss) from Equity Method Investments	$0	($11.0m)	($139.0m)	$0	$0	—	—	—	—	—
Provision for income taxes	($250.0m)	($71.0m)	($258.0m)	($482.0m)	($559.0m)	($758.0m)	($600.0m)	($685.0m)	($257.0m)	($253.0m)
Restructuring	—	—	—	—	—	—	—	$313.0m	$260.0m	$215.0m
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest	$584.0m	($171.0m)	$541.0m	$753.0m	($15.2b)	$428.0m	$22.0m	$2.7b	$3.3b	$2.9b
Income before income taxes	$584.0m	($171.0m)	$541.0m	$753.0m	($15.2b)	$428.0m	$22.0m	$2.7b	$3.3b	$2.9b
Net Income (Loss) Attributable to Parent	$0	($73.0m)	$195.0m	$128.0m	($9.9b)	($219.0m)	($601.0m)	$1.9b	$3.0b	$2.6b
Less: Net income attributable to noncontrolling interests	($69.0m)	($278.0m)	$88.0m	$143.0m	($5.8b)	($111.0m)	$23.0m	$27.0m	$29.0m	$36.0m
Net Income (Loss) Attributable to Noncontrolling Interest	($69.0m)	($278.0m)	$88.0m	$143.0m	($5.8b)	($111.0m)	$23.0m	$27.0m	$29.0m	$36.0m
Earnings Per Share, Basic	$0.00	($0.17)	$0.46	$0.23	($14.73)	($0.27)	($0.61)	$1.93	$3.00	$2.62
Earnings Per Share, Diluted	$0.00	($0.17)	$0.45	$0.23	($14.73)	($0.27)	($0.61)	$1.91	$2.98	$2.60
Business Combination, Acquisition Related Costs	$33.0m	$373.0m	$153.0m	$184.0m	$134.0m	—	—	—	—	—
Cost	$10.2b	$14.1b	$18.9b	$19.4b	$17.5b	$16.5b	$16.8b	$20.3b	$22.0b	$21.2b
Costs and Expenses	$12.6b	$17.4b	$22.2b	$22.8b	—	—	—	$23.2b	$24.7b	—
Current Income Tax Expense (Benefit)	$211.0m	$375.0m	$507.0m	$431.0m	$399.0m	$625.0m	$495.0m	$744.0m	$928.0m	$955.0m
Interest expense, net	($102.0m)	($131.0m)	($223.0m)	($237.0m)	($264.0m)	($299.0m)	($252.0m)	($216.0m)	($198.0m)	$222.0m
Other (income) expense, net	$27.0m	$78.0m	$202.0m	($84.0m)	$1.0b	($583.0m)	($911.0m)	$554.0m	$382.0m	$243.0m
Other Nonoperating Income (Expense)	$27.0m	$78.0m	$202.0m	($84.0m)	$1.0b	($583.0m)	($911.0m)	$554.0m	$382.0m	($243.0m)
Research and Development Expense	$352.0m	$501.0m	$700.0m	$687.0m	$595.0m	$492.0m	$556.0m	$658.0m	$643.0m	$600.0m
Research and development costs	—	—	—	—	—	—	—	$651.0m	$643.0m	$600.0m
Restructuring and Related Cost, Incurred Cost	—	—	—	—	—	—	—	—	$6.0m	—
Selling, General and Administrative Expense	$1.9b	$2.5b	$2.7b	$2.8b	$2.4b	$2.5b	$2.5b	$2.6b	$2.5b	$2.4b
Income Tax Expense (Benefit)	$250.0m	$71.0m	$258.0m	$482.0m	$559.0m	$758.0m	$600.0m	$685.0m	$257.0m	$253.0m
Interest Income (Expense), Net	($102.0m)	($131.0m)	($223.0m)	($237.0m)	($264.0m)	($299.0m)	($252.0m)	($216.0m)	($198.0m)	($222.0m)

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.