Baker Hughes (BKR) Q3 2026 Earnings Call: Guidance and Outlook
Management provided formal fourth quarter guidance alongside updated full year expectations for 2026, pointing to continued sequential revenue growth and EBITDA margin expansion.
About Baker Hughes. Baker Hughes Co. is a holding company, which engages in the provision of oilfield products, services, and digital solutions. It operates through the Oilfield Services and Equipment (OFSE) and industrial and Energy Technology (IET) segments. The OFSE segment designs and manufactures products and provides services for onshore and offshore oilfield operations.
Expected to be broadly flat year-over-year with an improving outlook into 2027.
LNG capacity and FIDs
Global LNG capacity is expected to reach approximately 800 MTPA by 2030, with future FIDs supporting further growth to 950 MTPA by 2035.
Power and data center demand
U.S. data center capacity is expected to add approximately 100 gigawatts of incremental capacity by 2035, requiring roughly 18 Bcf per day of incremental gas supply.
Mature asset solutions
Targeting a high single-digit CAGR in mass-related revenue, achieving at least $3 billion by 2030.
Chart margin expansion
Expect Chart EBITDA margins to reach 22% to 23% by the second half of 2028.
Dombey's summary of the Baker Hughes Q3 2026 earnings call held Oct 28, 2026, written from the call itself. Every figure on this page was checked against what was said on the call, and quoted lines are management's own words; we do not add estimates or prices. The tone score is our read of management's wording, guidance and answers. Check figures against the company's SEC filings before acting. This is research, not investment advice.
