Chart Industries announces acquisition by Baker Hughes; Q2 adjusted EPS $2.59, orders up 28.6%

CHART INDUSTRIES INC

Proposed acquisition by Baker Hughes announced July 29, 2025; no deal terms disclosed in this release.
Q2 2025 orders $1.50B (+28.6% YoY), sales $1.08B (+4.0%), adjusted diluted EPS $2.59 (+18.8%).
Adjusted operating income margin 21.1%; adjusted EBITDA $267.3M (24.7% of sales).
2025 guidance withdrawn; previously announced Q2 earnings call cancelled.
Free cash flow $124.0M (+40.9%); net leverage ratio 2.85x at June 30, 2025.

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