Baker Hughes Co (XSWX:BKR) Research & Development: CHF469 Mil (TTM As of Mar. 2026)


XSWX:BKR Baker Hughes Co XSWX:BKR
49 GF Score
Price CHF45.81
GF Value CHF34.18
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Baker Hughes Co Research & Development?

Baker Hughes Co XSWX:BKR -0.84% 49 Research & Development is CHF469 Mil as of Mar. 2026. GuruFocus rates XSWX:BKR with a GF Score™ of 49/100 and a GF Value™ of CHF34.18 (Significantly Overvalued). The stock has 3 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Baker Hughes Co's Research & Development for the three months ended in Mar. 2026 was CHF105 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 was CHF469 Mil.

Baker Hughes Co  (XSWX:BKR) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.

Baker Hughes Co Research & Development Related Terms

Baker Hughes Co Research & Development Historical Data

* Premium members only.

The historical data trend for Baker Hughes Co's Research & Development can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Baker Hughes Co Research & Development Chart

Baker Hughes Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Research & Development
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 562.99 573.30 478.14

Baker Hughes Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Research & Development Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 129.01 130.93 116.23 117.14 104.71
XSWX:BKR
49GF Score
Baker Hughes Co XSWX:BKR
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Baker Hughes Co Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was CHF469 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Research & Development →
What does a Research & Development of CHF469 Mil mean?
Baker Hughes Co (XSWX:BKR) has a Research & Development of CHF469 Mil as of Mar. 2026. Research and development expense is the total cost for research and development activities. View historical data on Baker Hughes Co and its competitors.
Is Baker Hughes Co's Research & Development too high?
Baker Hughes Co's current Research & Development is CHF469 Mil. Overall, Baker Hughes Co has a GF Score™ of 49/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Baker Hughes Co's Research & Development compare to SLB and HAL?
Baker Hughes Co's Research & Development of CHF469 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Research & Development for an Oil & Gas company?
A good Research & Development depends on the Oil & Gas industry context. However, Research & Development should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Research & Development mean?
A high Research & Development can signal that a stock is expensive relative to its fundamentals. Research and development expense is the total cost for research and development activities. View historical data on Baker Hughes Co and its competitors. Baker Hughes Co's current Research & Development is CHF469 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Baker Hughes Co stock overvalued right now?
Based on GuruFocus' analysis, Baker Hughes Co (XSWX:BKR) is currently considered Significantly Overvalued. The stock's GF Value™ is CHF34.18, compared to a current price of CHF45.81 — trading 34% above its estimated fair value. The current Research & Development is CHF469 Mil. Baker Hughes Co's overall GF Score™ is 49/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Research & Development calculated?
Research & Development is calculated from a company's financial statements. For Baker Hughes Co (XSWX:BKR), the current Research & Development is CHF469 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Baker Hughes Co (XSWX:BKR) Overvalued in 2026?

Based on GuruFocus' analysis, Baker Hughes Co stock appears to be overvalued. The current stock price of CHF45.81 is trading 34% above its estimated GF Value™ of CHF34.18. GuruFocus considers Baker Hughes Co to be Significantly Overvalued.

Key valuation signals for XSWX:BKR:

  • Research & Development: CHF469 Mil
  • GF Value™: CHF34.18 vs. price of CHF45.81 (34% above fair value)
  • GF Score™: 49/100 with 3 warning signs

No single metric tells the full story. See the XSWX:BKR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Baker Hughes Co Business Description

Industry EnergyOil & Gas
Address 575 North Dairy Ashford Road, Suite 100, Houston, TX, USA, 77079-1121
Following a 2022 reorganization, Baker Hughes operates in two segments: oilfield services and equipment, and industrial and energy technology. The firm's oilfield services and equipment segment is one of the Big Three oilfield-services players, along with SLB and Halliburton, and mostly supplies to hydrocarbon developers and producers, including national oil companies, major integrated firms, and independents. Markets outside of North America buy roughly three-fourths of the segment's offerings. Baker Hughes' industrial and energy technology segment manufactures and sells turbines, compressors, pumps, valves, and related testing and monitoring services for various energy and industrial applications.
49GF Score

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Research & Development is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

CHF45.81
Price
CHF34.18
GF Value