StocksMediumUpdated•Originally published 27 October 2026•Updated 27 October 2026•
1 min read
Baker Hughes Q3 Orders Hit $10.8 Billion Driven by Data Center Demand
Key Facts
1Baker Hughes secured a major order to provide integrated power and cooling solutions for approximately 1.1 gigawatts for a major U.S. technology company.
2The contract includes turbines, generators, gearboxes, and a substantial order for Chart dry coolers.
Baker Hughes announced its third-quarter 2026 financial results, reporting total orders of $10.8 billion. The company stated that its Industrial & Energy Technology (IET) segment reached a record $5.9 billion in orders during the period.
The results were bolstered by a major contract to provide 1.1 gigawatts of integrated power and cooling solutions for a leading U.S. technology firm's AI infrastructure. BKR closed at $56.01 on October 26, 2026, having traded between a low of $55.16 and a high of $56.34 during the session.