R&D expense · 2015–2025

Baker Hughes R&D expense

$600M−6.7% · FY2025

Baker Hughes (BKR) reported $600M in R&D expense for fiscal 2025, −6.7% year on year.

$408M2015$352M2016$501M2017$700M2018$687M2019$595M2020$492M2021$552M2022$651M2023$643M2024$600M2025
Baker Hughes — R&D expense, 2015–2025
Fiscal yearR&D expenseChangeFiling
FY20252025-12-31$600M−6.7%Open →
FY20242024-12-31$643M−1.2%Open →
FY20232023-12-31$651M+17.9%Open →
FY20222022-12-31$552M+12.2%Open →
FY20212021-12-31$492M−17.3%Open →
FY20202020-12-31$595M−13.4%Open →
FY20192019-12-31$687M−1.9%Open →
FY20182018-12-31$700M+39.7%Open →
FY20172017-12-31$501M+42.3%Open →
FY20162016-12-31$352M−13.7%Open →
FY20152015-12-31$408M—Open →

R&D expense — Research and development expense is what the company charged to R&D in the income statement for the year. Most companies report no R&D at all — the line is absent rather than zero — so this ranking covers the roughly 40% of filers that do.

Every row links to its own SEC filing · Fiscal year 2025 · Data as of September 25, 2026 · 2015–2025 compound annual growth +3.9%

R&D expense at companies of similar size

Full ranking by R&D expense →

Cite this page

Ready-made references for the figures on this page, as published on September 25, 2026.

Wikipedia

{{cite web |title=Baker Hughes R&D expense |url=https://companiesranked.com/en/company/baker-hughes/research-and-development-expense |website=CompaniesRanked |date=2026-09-25 |language=en}}

APA 7

CompaniesRanked. (September 25, 2026). Baker Hughes R&D expense. CompaniesRanked. https://companiesranked.com/en/company/baker-hughes/research-and-development-expense

BibTeX

@misc{companiesranked-en-company-baker-hughes-research-and-development-expense-2026,
  author       = {{CompaniesRanked}},
  title        = {{Baker Hughes R\&D expense}},
  year         = {2026},
  howpublished = {\url{https://companiesranked.com/en/company/baker-hughes/research-and-development-expense}},
  note         = {Compiled from SEC EDGAR XBRL filings; data as of 2026-09-25},
  urldate      = {2026-09-25}
}

The filing itself

The numbers above are read from this document: 10-K · 0001701605-26-000007 · February 5, 2026

{{cite web |title=Baker Hughes R&D expense — 10-K (0001701605-26-000007) |url=https://www.sec.gov/Archives/edgar/data/1701605/000170160526000007/bkr-20251231.htm |website=SEC EDGAR |publisher=U.S. Securities and Exchange Commission |date=2026-02-05}}

The figures are rebuilt with every data refresh, so the reference carries the publication date. Add your own access date if your style requires one.

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