secwatch.observer — SEC 8-K summary
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Issuer:     Baker Hughes Co (BKR)
CIK:        0001701605
Form:       8-K
Filed at:   2025-07-22T23:59:59+00:00
Accession:  0001701605-25-000104
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Baker Hughes Q2: Adj EBITDA up 7% to $1.2B; IET orders $3.5B; raises FY guidance
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- Orders of $7.0B, IET orders $3.5B; RPO $34.0B, record IET RPO $31.3B.
- Revenue $6.9B (-3% YoY); GAAP diluted EPS $0.71, adjusted EPS $0.63.
- Adjusted EBITDA $1,212M (+7% YoY); margin 17.5% (+170 bps).
- Free cash flow $239M; returned $423M to shareholders ($196M buybacks).
- Announced three strategic transactions to optimize portfolio; raised IET revenue and EBITDA guidance.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1701605/000170160525000104/0001701605-25-000104-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1701605/000170160525000104/bkr-20250722.htm
  HTML page:      https://secwatch.observer/filing/0001701605-25-000104

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer