Baker Hughes (BKR) r&d spend was $600M in FY2025 (-7% YoY). The tables below show the complete quarterly and annual r&d spend history, sourced from SEC EDGAR 10-K and 10-Q filings.
Annual R&D Spend
Fiscal Year
R&D Spend
YoY
2025
$600M
-7%
2024
$643M
-1%
2023
$651M
+18%
2022
$552M
+12%
2021
$492M
-17%
2020
$595M
-13%
2019
$687M
-2%
2018
$700M
+40%
2017
$501M
+42%
2016
$352M
-14%
2015
$408M
Recent Quarterly R&D Spend
Quarter
R&D Spend
Q1 2026
$133M
Q4 2025
$147M
Q3 2025
$146M
Q2 2025
$161M
Q1 2025
$146M
Q4 2024
$163M
Q3 2024
$158M
Q2 2024
$158M
Q1 2024
$164M
Q4 2023
$651M
Q4 2022
$552M
Q4 2021
$492M
Source: BKR on EDGAR. Data from SEC EDGAR 10-K and 10-Q filings. Updated quarterly.