---
schema_version: "secwatch.filing_event.v1"
accession: "0001701605-24-000065"
form_type: "8-K"
ticker: "BKR"
cik: "0001701605"
company_name: "Baker Hughes Co"
filed_at: "2024-04-23T23:59:59+00:00"
generated_at: "2026-06-03T12:04:08.428526+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Baker Hughes Q1 2024 revenue up 12% to $6.4B; adjusted EPS $0.43 beats prior year

## Summary
- Orders of $6.5B, including $2.9B in IET; large awards from Aramco Master Gas System 3 and Cedar LNG.
- GAAP net income $455M ($0.45 diluted EPS); adjusted diluted EPS of $0.43, up 50% YoY.
- Adjusted EBITDA $943M (+21% YoY); free cash flow $502M.
- Shareholder returns of $368M, including $158M in share repurchases; quarterly dividend raised to $0.21.
- New energy orders totaled $239M in the quarter.

## SEC filing metadata
- accession: 0001701605-24-000065
- form_type: 8-K
- ticker: BKR
- cik: 0001701605
- company_name: Baker Hughes Co
- filed_at: 2024-04-23T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1701605/000170160524000065/0001701605-24-000065-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1701605/000170160524000065/bkr-20240423.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001701605-24-000065
- JSON: https://secwatch.observer/filing/0001701605-24-000065.json
- Plain text: https://secwatch.observer/filing/0001701605-24-000065.txt

## Key facts
- Earnings Releases
  Baker Hughes Co reported the quarter ended March 31, 2024 results: revenue $6.4 billion, net income $455 million, EPS $0.45.
  - Period: the quarter ended March 31, 2024
  - Revenue: $6.4 billion
  - Net income: $455 million
  - EPS: $0.45
  - Result: reported results
  source text: (EX-99.1) --- Baker Hughes Company Announces First-Quarter 2024 Results First-quarter highlights • Orders of $6.5 billion, including $2.9 billion of IET orders. • Revenue of $6.4 billion, up 12% year-over-year. • Net income attributable to the Company of $455 million. • GAAP diluted EPS of $0.45 and adjusted diluted EPS* of $0.43. • Adjusted EBITDA* of $943
  evidence_url: https://www.sec.gov/Archives/edgar/data/1701605/000170160524000065/0001701605-24-000065-index.htm

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