Energy technology company Baker Hughes Company (NASDAQ: BKR) reported strong earnings growth for the fourth quarter of fiscal 2025, excluding special items. Revenues remained broadly unchanged during the quarter.
- Fourth-quarter revenues remained broadly unchanged at $7.4 billion in the fourth quarter
- Net income attributable to the company was $876 million or $0.88 per share for Q4, vs. $1.18 billion or $1.18 per share last year
- On an adjusted basis, earnings rose 12% to $0.78 per share in the December quarter from $0.70 per share last year
- Orders totaled $7.89 billion in Q4, compared to $7.50 billion in the same period last year
- The company reported adjusted EBITDA of $1.34 billion for the fourth quarter, up 2% from last year
- Cash flows from operating activities were $1.66 billion in Q4; free cash flow came in at $1.34 billion
- Remaining Performance Obligations in the fourth quarter ended at $35.9 billion
- The company expects its Industrial & Energy Technology orders to remain strong, supported by continued momentum in LNG, a stronger year of FPSO, and gas infrastructure awards