Baker Hughes Q2 2026: EPS $0.68, revenue $6.7B, record IET orders $7.1B, raises guidance

Baker Hughes Co

GAAP diluted EPS $0.68, adjusted diluted EPS $0.64; revenue $6.7B.
Orders $10.5B, including record IET orders $7.1B (doubled YoY); RPO $40.1B.
Adjusted EBITDA $1,231M, above guidance; free cash flow $1,109M.
Raised full-year IET order guidance; Horizon 2 IET orders outlook increased to >$45B.
Closed Chart acquisition, enhancing thermal management and compression capabilities.

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