---
schema_version: "secwatch.filing_event.v1"
accession: "0001701605-24-000129"
form_type: "8-K"
ticker: "BKR"
cik: "0001701605"
company_name: "Baker Hughes Co"
filed_at: "2024-10-22T23:59:59+00:00"
generated_at: "2026-05-30T11:41:52.216065+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Baker Hughes Q3: record EBITDA margin 17.5%, adj. EPS $0.67, revenue up 4% YoY to $6.9B

## Summary
- GAAP diluted EPS $0.77; adjusted diluted EPS $0.67; attributable net income $766M.
- Revenue $6.9B (+4% YoY); orders $6.7B with IET orders $2.9B; record IET RPO $30.2B.
- Adjusted EBITDA $1,208M (+23% YoY); EBITDA margin 17.5% (highest since company formation).
- Operating cash flow $1,010M; free cash flow $754M; returned $361M to shareholders including $152M buybacks.
- CEO confident in full-year EBITDA guidance midpoint; IET secured large ICL compressor and two FPSO awards.

## SEC filing metadata
- accession: 0001701605-24-000129
- form_type: 8-K
- ticker: BKR
- cik: 0001701605
- company_name: Baker Hughes Co
- filed_at: 2024-10-22T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1701605/000170160524000129/0001701605-24-000129-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1701605/000170160524000129/bkr-20241022.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001701605-24-000129
- JSON: https://secwatch.observer/filing/0001701605-24-000129.json
- Plain text: https://secwatch.observer/filing/0001701605-24-000129.txt

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