Baker Hughes Co R&D Expense 2015-2025 | BKR
Beta
What is r&d expense?
Research and development expense represents the costs incurred in discovering and developing new products, processes, or technologies.
What is Baker Hughes Co's current r&d expense?
Baker Hughes Co (BKR) annual r&d expense for 2025 was $600.0M, a 6.69% decline from 2024. Baker Hughes Co r&d expense for the quarter ending December 31, 2025 was $147.0M.
What was Baker Hughes Co's r&d expense in 2024?
Baker Hughes Co annual r&d expense for 2024 was $643.0M, a 1.23% decline from 2023.
What was Baker Hughes Co's r&d expense in 2023?
Baker Hughes Co annual r&d expense for 2023 was $651.0M, a 17.93% increase from 2022.
What is Baker Hughes Co's 5-year r&d expense CAGR?
Baker Hughes Co r&d expense grew at a compound annual growth rate (CAGR) of 0.17% from FY2020 to FY2025, going from $595.0M to $600.0M over 5 years.
R&D Expense History
Year-over-year comparison from 10-K annual reports
Key Statistics
Trend Direction
Stable
CAGR+0.2%
FY2020
$595.0M
→
FY2025
$600.0M
1516171819202122232425
5 years selected
Company: Baker Hughes CoTicker: BKRSector: IndustrialIndustry: Oil & Gas Field Machinery & EquipmentView company profile →