Baker Hughes Research and Development Expenses 2010-2025 | BKR
Baker Hughes annual/quarterly research and development expenses history and growth rate from 2010 to 2025. Research and development expenses can be defined as an expense arising from studies and product development processes.
- Baker Hughes research and development expenses for the quarter ending March 31, 2025 were $146M, a 10.98% decline year-over-year.
- Baker Hughes research and development expenses for the twelve months ending March 31, 2025 were $283M, a 72.56% increase year-over-year.
- Baker Hughes annual research and development expenses for 2024 were $0.301B, a 6.81% decline from 2023.
- Baker Hughes annual research and development expenses for 2023 were $0.323B, a 54.18% decline from 2022.
- Baker Hughes annual research and development expenses for 2022 were $0.705B, a 0% decline from 2021.
Baker Hughes Annual Research and Development Expenses
(Millions of US $) |
| 2024 |
$301 |
| 2023 |
$323 |
| 2022 |
$705 |
| 2021 |
$0 |
| 2020 |
$0 |
| 2019 |
$0 |
| 2018 |
$0 |
| 2017 |
$0 |
| 2016 |
$0 |
| 2015 |
$0 |
| 2014 |
$613 |
| 2013 |
$556 |
| 2012 |
$497 |
| 2011 |
$462 |
| 2010 |
$429 |
| 2009 |
$397 |
Baker Hughes Quarterly Research and Development Expenses
(Millions of US $) |
| 2025-03-31 |
$146 |
| 2024-12-31 |
$137 |
| 2024-09-30 |
|
| 2024-06-30 |
|
| 2024-03-31 |
$164 |
| 2023-12-31 |
|
| 2023-09-30 |
|
| 2023-06-30 |
|
| 2023-03-31 |
|
| 2022-12-31 |
|
| 2022-09-30 |
|
| 2022-06-30 |
|
| 2022-03-31 |
|
| 2021-12-31 |
|
| 2021-09-30 |
|
| 2021-06-30 |
|
| 2021-03-31 |
|
| 2020-12-31 |
|
| 2020-09-30 |
|
| 2020-06-30 |
|
| 2020-03-31 |
|
| 2019-12-31 |
|
| 2019-09-30 |
|
| 2019-06-30 |
|
| 2019-03-31 |
|
| 2018-12-31 |
|
| 2018-09-30 |
|
| 2018-06-30 |
|
| 2018-03-31 |
|
| 2017-12-31 |
|
| 2017-09-30 |
|
| 2017-06-30 |
|
| 2017-03-31 |
$42 |
| 2016-12-31 |
|
| 2016-09-30 |
|
| 2016-06-30 |
$99 |
| 2016-03-31 |
$102 |
| 2015-12-31 |
|
| 2015-09-30 |
$110 |
| 2015-06-30 |
$118 |
| 2015-03-31 |
$138 |
| 2014-12-31 |
$152 |
| 2014-09-30 |
$159 |
| 2014-06-30 |
$159 |
| 2014-03-31 |
$143 |
| 2013-12-31 |
$156 |
| 2013-09-30 |
$142 |
| 2013-06-30 |
$131 |
| 2013-03-31 |
$127 |
| 2012-12-31 |
$127 |
| 2012-09-30 |
$118 |
| 2012-06-30 |
$128 |
| 2012-03-31 |
$124 |
| 2011-12-31 |
$127 |
| 2011-09-30 |
$115 |
| 2011-06-30 |
$114 |
| 2011-03-31 |
$106 |
| 2010-12-31 |
$105 |
| 2010-09-30 |
$118 |
| 2010-06-30 |
$112 |
| 2010-03-31 |
$94 |
| 2009-12-31 |
$98 |
| 2009-09-30 |
$88 |
| 2009-06-30 |
$102 |
| 2009-03-31 |
$109 |
| Sector |
Industry |
Market Cap |
Revenue |
| Oils/Energy |
Oil & Gas - Field Services |
$37.559B |
$27.829B |
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Baker Hughes Company is one of the world's largest oilfield service providers. The integrated oilfield products and digital solutions of Baker Hughes help customers efficiently and cost-effectively refine and transport hydrocarbons with low environmental concerns. Moreover, with growing demand for clean energy and the need to curb greenhouse gas emissions, countries around the world are investing in LNG terminals. This has given Baker Hughes the opportunity to expand its reach beyond oilfields in order to capitalize on contracts for manufacturing equipment that is being used in LNG facilities.
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