M&A
confidence high
sentiment neutral
materiality 0.70
Baker Hughes files Chart's audited FY2025 financials; net income fell to $13.5M on $266M termination fee
Baker Hughes Co
- Chart 2025 sales $4.26B (+2.5% YoY) but net income dropped to $13.5M from $191.3M in 2024.
- Operating income $358.4M; termination fee expense of $266M related to Flowserve deal break.
- Merger consideration remains $210.00 per share in cash; pending regulatory and other conditions.
- Baker Hughes paid Chart $258M termination fee; balance sheet shows $258M current asset.
- Chart 2025 diluted EPS $0.30 vs $4.10 in 2024; adjusted for fee, core earnings still lower.