Baker Hughes — Third Quarter 2026 Earnings Summary

Baker Hughes reported third-quarter 2026 revenue of $8.0 billion, representing a 19% sequential increase and a 14% year-over-year rise driven by the Chart acquisition. The company secured $10.8 billion in new orders, including $5.9 billion from its Industrial & Energy Technology segment, while remaining performance obligations reached a record $46.4 billion. GAAP diluted earnings per share were $0.41, with adjusted diluted EPS at $0.70 and adjusted EBITDA totaling $1.415 billion. The acquisition of Chart Industries contributed $888 million in revenue and $156 million in EBITDA during the quarter, while the company raised its full-year IET order guidance to over $50 billion.