Baker Hughes Files Pro Forma Financials for Chart Industries Acquisition

Executive Summary

On October 1, 2026, Baker Hughes Company (NASDAQ: BKR) filed Amendment No. 1 to its Current Report on Form 8-K. The amendment supplements the original Form 8-K filed on July 16, 2026, which announced the closing of its acquisition of Chart Industries, Inc. under the Agreement and Plan of Merger dated July 28, 2025, for $210 per share.

Key Disclosures & Exhibits

1. Item 9.01(a) - Financial Statements of Business Acquired:

   • Audited financial statements of Chart Industries, Inc. for the fiscal year ended December 31, 2025 (incorporated by reference to Exhibit 99.1).
   • Unaudited financial statements of Chart Industries, Inc. for the three months ended March 31, 2026 (incorporated by reference to Exhibit 99.2).
   • Auditor consent from Deloitte & Touche LLP (Exhibit 23.1).

2. Item 9.01(b) - Pro Forma Financial Information:

   • Unaudited pro forma condensed combined balance sheet of Baker Hughes as of March 31, 2026.
   • Unaudited pro forma condensed combined statements of operations for the three months ended March 31, 2026, and the year ended December 31, 2025.
   • Pro forma presentation includes the planned disposition of Chart's Integrated Pre-cooled Single Mixed Refrigerant (IPSMR) business, classified as 'Held for Sale' to address regulatory commitments.

3. Pro Forma Balance Sheet Highlights (as of March 31, 2026):

   • Total Assets: $56,214 million combined (compared to $50,896 million reported by Baker Hughes).
   • Goodwill: Increases from $6,032 million to $14,532 million.
   • Other Intangible Assets: Increases from $4,073 million to $10,075 million.
   • Cash and Cash Equivalents: $2,484 million post-transaction adjustments and financing effects.

Market & Strategic Implications

This filing provides the detailed balance sheet and income statement adjustments that institutional investors and analysts need to model the financial impact of the Chart Industries acquisition. The integration significantly expands Baker Hughes' industrial and energy transition technology footprint while adding substantial goodwill and intangible asset balances.