---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-085437"
form_type: "8-K"
ticker: "BKR"
cik: "0001701605"
company_name: "Baker Hughes Co"
filed_at: "2026-03-02T23:59:59+00:00"
generated_at: "2026-05-15T22:41:21.162926+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Baker Hughes files Chart's audited FY2025 financials; net income fell to $13.5M on $266M termination fee

## Summary
- 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.

## SEC filing metadata
- accession: 0001193125-26-085437
- form_type: 8-K
- ticker: BKR
- cik: 0001701605
- company_name: Baker Hughes Co
- filed_at: 2026-03-02T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1701605/000119312526085437/0001193125-26-085437-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1701605/000119312526085437/d57122d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-085437
- JSON: https://secwatch.observer/filing/0001193125-26-085437.json
- Plain text: https://secwatch.observer/filing/0001193125-26-085437.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.