Baker Hughes Company (BKR) provided updated financial guidance for the fiscal-year 2026, which now incorporates the recent acquisition of Chart Industries, Inc. The updated outlook was disclosed in a presentation by CEO Lorenzo Simonelli at the Barclays 2026 CEO Energy-Power Conference. The company also detailed the integration strategy and expected synergies from the Chart acquisition.
Key Details
- FY2026 Revenue Guidance: Projected to be between $28.5 billion and $30.3 billion (midpoint: $29.4 billion).
- FY2026 Adjusted EBITDA Guidance: Expected to be between $4.875 billion and $5.475 billion (midpoint: $5.175 billion).
- Chart Industries Contribution: For the period starting July 16, 2026, the newly acquired Chart segment is expected to contribute $1.85 billion to $2.25 billion in revenue and $300 million to $400 million in EBITDA.
- Free Cash Flow: Full-year 2026 Free Cash Flow (FCF) conversion is targeted at 40% to 45% of Adjusted EBITDA, reflecting acquisition-related costs.