secwatch.observer — SEC 8-K summary
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Issuer:     Baker Hughes Co (BKR)
CIK:        0001701605
Form:       8-K
Filed at:   2026-03-02T23:59:59+00:00
Accession:  0001193125-26-085437
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.70
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1701605/000119312526085437/0001193125-26-085437-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1701605/000119312526085437/d57122d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-085437

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