secwatch.observer — SEC 8-K summary
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Issuer:     Baker Hughes Co (BKR)
CIK:        0001701605
Form:       8-K
Filed at:   2026-04-23T23:59:59+00:00
Accession:  0001701605-26-000012
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 Q1 net income $930M, EPS $0.93; adjusted EPS $0.58; IET orders record $4.9B
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- Orders $8.2B, record IET orders $4.9B (book-to-bill 1.5x); RPO $36.1B, record IET RPO $33.1B.
- Revenue $6.6B (+2% YoY); net income $930M; GAAP diluted EPS $0.93, adjusted diluted EPS $0.58.
- Adj. EBITDA $1,158M (+12% YoY); operating cash flow $500M; free cash flow $210M.
- Results exceeded guidance despite Middle East disruptions; Waygate divestiture expected to generate ~$3B proceeds in 2026.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1701605/000170160526000012/0001701605-26-000012-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1701605/000170160526000012/bkr-20260423.htm
  HTML page:      https://secwatch.observer/filing/0001701605-26-000012

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