Form 8-K · Current report
Baker Hughes 8-K, filed Sep 9, 2026
- Filed
- CIK
- 0001701605
- Accession no.
- 0001193125-26-385823
Summary
Baker Hughes said Chairman and CEO Lorenzo Simonelli will present at the Barclays 2026 CEO Energy-Power Conference on September 9, 2026, discussing the company's position across energy, industrial and infrastructure markets and the integration of its recent acquisition of Chart Industries. Baker Hughes also released updated fiscal-year 2026 financial guidance incorporating Chart, alongside targets including a 22–23% Chart segment EBITDA margin by the second half of 2028 and a 20% adjusted EBITDA margin by 2028 for Baker Hughes ex-Chart under its Horizon 23 plan.
Key points
- Baker Hughes provided updated fiscal-year 2026 financial guidance that incorporates Chart Industries.
- Chart segment EBITDA margin is guided at roughly 17% in the second half of 2026 and targeted at 22–23% by the second half of 2028.
- Baker Hughes targets a 20% adjusted EBITDA margin by 2028 for its business excluding Chart, supported by a $45B+ Horizon 23 order target.
- Industrial & Energy Technology reported a record 18.5% EBITDA margin for 2025, up 170 basis points year over year.
Written by an AI model from the filing text. It can be incomplete or wrong; the filing on SEC.gov is the record.
Items reported
- 7.01Regulation FD Disclosure
- 9.01Financial Statements and Exhibits
From the filing
Item 7.01. Regulation FD Disclosure. On September 9, 2026, the Chairman, President and Chief Executive Officer of Baker Hughes Company (the “Company”), Lorenzo Simonelli, will present at the Barclays 2026 CEO Energy-Power Conference in New York at approximately 8:35 A.M. Eastern Time. Mr. Simonelli will discuss the Company’s positioning at the intersection of energy, industrial, and infrastructure markets and the integration of its recent acquisition of Chart Industries, Inc. (“Chart”). He will also present updated fiscal-year 2026 financial guidance incorporating Chart. …
An excerpt of the text as filed with the SEC, cut for length.
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