Baker Hughes Q2 profits fall 3%

American energy technology company Baker Hughes reports a 3% decline in profits for the second quarter of 2026, totaling $681 million, despite a 49% increase in orders reaching $10.5 billion. Its after-season adjustments show a profit of $640 million, and operating profits rose by 2% to $1.23 billion, surpassing company expectations. Annual revenue decreased by 2% to $6.7 billion. The company remains confident thanks to positive factors and its appointment to meet the year's forecasts amid ongoing uncertainty in the Middle East.

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