Baker Hughes Q3 FY2026: revenue up 14%, adjusted EPS beats at $0.70
Baker Hughes beat on the profit line it asks investors to judge it by: adjusted EPS of $0.70 against a $0.6182 consensus, with revenue of $8.025 billion up 14.0% year-over-year. GAAP EPS of $0.41 tells a different story, weighed down by $284 million of acquisition-related adjustments. The quarter was reshaped by Chart, which added $888 million of revenue; the rest of the business grew only slightly.
1 · Expected vs. Actual
Free preview belowAdjusted diluted EPS of $0.70 beat the $0.6182 consensus by about 13.2%, and adjusted net income of $695 million was up $17 million year-over-year. GAAP EPS of $0.41 sits 33.7% below that same consensus number because $284 million of adjustments — $143 million of Chart intangible amortization, $158 million of transaction costs and $25 million of inventory step-up — came between the two figures. GAAP net income fell 33.0% year-over-year even as revenue rose 14.0%.
Revenue of $8.025 billion rose 14.0% year-over-year and 19.0% sequentially, but the release credits the Chart acquisition as the main driver of that gain. Chart added $888 million in its first partial quarter, while OFSE grew 1.0% and IET 3.0% year-over-year. Strip Chart out and the legacy business grew about 1.8%.
Log in to read 35 analyses a week for free
Create a free account to read 35 full earnings analyses each week — all five steps: expected vs. actual, guidance tracker, money flow, balance sheet and risks. Members get unlimited access.
Figures on this page come from the company's original SEC filings. The analysis is generated automatically and checked against validation rules, but may still contain errors or omissions. Not investment advice. · Generated 2026-11-03
Answers are based on the earnings release and the analysis above. Free accounts get 3 questions a week; members get 30 a day.