Income Tax Expense (Benefit) in USD of Baker Hughes Co from 2015 to Q3 2025

Taxonomy & unit
us-gaap: USD
Description
Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations.
Summary
Baker Hughes Co quarterly/annual Income Tax Expense (Benefit) history and growth rate from 2015 to Q3 2025.
  • Baker Hughes Co Income Tax Expense (Benefit) for the quarter ending September 30, 2025 was $204M, a 13.2% decline year-over-year.
  • Baker Hughes Co Income Tax Expense (Benefit) for the twelve months ending September 30, 2025 was $213M, a 70.7% decline year-over-year.
  • Baker Hughes Co annual Income Tax Expense (Benefit) for 2024 was $257M, a 62.5% decline from 2023.
  • Baker Hughes Co annual Income Tax Expense (Benefit) for 2023 was $685M, a 14.2% increase from 2022.
  • Baker Hughes Co annual Income Tax Expense (Benefit) for 2022 was $600M, a 20.8% decline from 2021.
Income Tax Expense (Benefit), Trailing 12 Months (USD)
Income Tax Expense (Benefit), Quarterly (USD)
Income Tax Expense (Benefit), YoY Quarterly Growth (%)
Income Tax Expense (Benefit), Annual (USD)
Income Tax Expense (Benefit), YoY Annual Growth (%)

Baker Hughes Co Quarterly Income Tax Expense (Benefit) (USD)

Period TTM Value Value YoY Chg Change % Start Date End Date Report Filed
Q3 2025 $213M $204M -$31M -13.2% Jul 1, 2025 Sep 30, 2025 10-Q 2025-10-24
Q2 2025 $244M $256M +$13M +5.35% Apr 1, 2025 Jun 30, 2025 10-Q 2025-07-23
Q1 2025 $231M $152M -$26M -14.6% Jan 1, 2025 Mar 31, 2025 10-Q 2025-04-23
Q4 2024 $257M -$399M -$470M -662% Oct 1, 2024 Dec 31, 2024 10-K 2025-02-04
Q3 2024 $727M $235M $0 0% Jul 1, 2024 Sep 30, 2024 10-Q 2025-10-24
Q2 2024 $727M $243M +$43M +21.5% Apr 1, 2024 Jun 30, 2024 10-Q 2025-07-23
Q1 2024 $684M $178M -$1M -0.56% Jan 1, 2024 Mar 31, 2024 10-Q 2025-04-23
Q4 2023 $685M $71M -$87M -55.1% Oct 1, 2023 Dec 31, 2023 10-K 2025-02-04
Q3 2023 $772M $235M +$82M +53.6% Jul 1, 2023 Sep 30, 2023 10-Q 2024-10-23
Q2 2023 $690M $200M +$18M +9.89% Apr 1, 2023 Jun 30, 2023 10-Q 2024-07-26
Q1 2023 $672M $179M +$72M +67.3% Jan 1, 2023 Mar 31, 2023 10-Q 2024-04-24
Q4 2022 $600M $158M -$195M -55.2% Oct 1, 2022 Dec 31, 2022 10-K 2025-02-04
Q3 2022 $795M $153M -$40M -20.7% Jul 1, 2022 Sep 30, 2022 10-Q 2023-10-26
Q2 2022 $835M $182M +$39M +27.3% Apr 1, 2022 Jun 30, 2022 10-Q 2023-07-19
Q1 2022 $796M $107M +$38M +55.1% Jan 1, 2022 Mar 31, 2022 10-Q 2023-04-19
Q4 2021 $758M $353M -$216M -38% Oct 1, 2021 Dec 31, 2021 10-K 2024-02-05
Q3 2021 $974M $193M +$187M +3117% Jul 1, 2021 Sep 30, 2021 10-Q 2022-10-20
Q2 2021 $787M $143M +$164M Apr 1, 2021 Jun 30, 2021 10-Q 2022-07-21
Q1 2021 $623M $69M +$64M +1280% Jan 1, 2021 Mar 31, 2021 10-Q 2022-04-20
Q4 2020 $559M $569M +$356M +167% Oct 1, 2020 Dec 31, 2020 10-K 2023-02-14
Q3 2020 $203M $6M -$101M -94.4% Jul 1, 2020 Sep 30, 2020 10-Q 2021-10-22
Q2 2020 $304M -$21M -$116M -122% Apr 1, 2020 Jun 30, 2020 10-Q 2021-07-23
Q1 2020 $420M $5M -$62M -92.5% Jan 1, 2020 Mar 31, 2020 10-Q 2021-04-23
Q4 2019 $482M $213M +$41M +23.8% Oct 1, 2019 Dec 31, 2019 10-K 2022-02-11
Q3 2019 $441M $107M -$3M -2.73% Jul 1, 2019 Sep 30, 2019 10-Q 2020-10-23
Q2 2019 $444M $95M +$33M +53.2% Apr 1, 2019 Jun 30, 2019 10-Q 2020-07-24
Q1 2019 $411M $67M +$153M Jan 1, 2019 Mar 31, 2019 10-Q 2020-04-24
Q4 2018 $258M $172M +$239M Oct 1, 2018 Dec 31, 2018 10-K 2021-02-25
Q3 2018 $19M $110M -$4M -3.51% Jul 1, 2018 Sep 30, 2018 10-Q 2019-10-30
Q2 2018 $23M $62M +$72M Apr 1, 2018 Jun 30, 2018 10-Q 2019-08-01
Q1 2018 -$49M -$86M -$94M -1175% Jan 1, 2018 Mar 31, 2018 10-Q 2019-04-30
Q4 2017 $45M -$67M Oct 1, 2017 Dec 31, 2017 10-K 2020-02-13
Q3 2017 $114M +$44M +62.9% Jul 1, 2017 Sep 30, 2017 10-Q 2018-10-30
Q2 2017 -$10M Apr 1, 2017 Jun 30, 2017 10-Q 2018-07-30
Q1 2017 $8M Jan 1, 2017 Mar 31, 2017 10-Q 2018-04-27
Q3 2016 $70M Jul 1, 2016 Sep 30, 2016 10-Q 2017-10-31

Baker Hughes Co Annual Income Tax Expense (Benefit) (USD)

Period Value YoY Chg Change % Start Date End Date Report Filed
2024 $257M -$428M -62.5% Jan 1, 2024 Dec 31, 2024 10-K 2025-02-04
2023 $685M +$85M +14.2% Jan 1, 2023 Dec 31, 2023 10-K 2025-02-04
2022 $600M -$158M -20.8% Jan 1, 2022 Dec 31, 2022 10-K 2025-02-04
2021 $758M +$199M +35.6% Jan 1, 2021 Dec 31, 2021 10-K 2024-02-05
2020 $559M +$77M +16% Jan 1, 2020 Dec 31, 2020 10-K 2023-02-14
2019 $482M +$224M +86.8% Jan 1, 2019 Dec 31, 2019 10-K 2022-02-11
2018 $258M +$213M +473% Jan 1, 2018 Dec 31, 2018 10-K 2021-02-25
2017 $45M -$128M -74% Jan 1, 2017 Dec 31, 2017 10-K 2020-02-13
2016 $173M -$300M -63.4% Jan 1, 2016 Dec 31, 2016 10-K 2019-02-19
2015 $473M Jan 1, 2015 Dec 31, 2015 10-K 2018-02-23
* An asterisk sign (*) next to the value indicates that the value is likely invalid.