Baker Hughes Company announced its financial results for the second quarter of 2025. The company's revenue reached $6.91 billion, marking an 8% increase from the previous quarter's $6.43 billion, though it represents a 3% decrease compared to the same period last year. Net income attributable to Baker Hughes rose significantly to $701 million, a 74% increase quarter-over-quarter and a 21% increase year-over-year. Adjusted net income was reported at $623 million, reflecting a 22% rise from the previous quarter and a 10% increase from the previous year. Adjusted EBITDA reached $1.21 billion, up 17% from the previous quarter and 7% from the same period last year. Diluted earnings per share were reported at $0.71, which is a 76% increase from the previous quarter and a 22% increase year-over-year. Adjusted diluted EPS was $0.63, showing a 23% increase from the previous quarter and an 11% increase from the same period last year. Cash flow from operating activities was $510 million, down 28% from the previous quarter but up 47% year-over-year. Free cash flow was $239 million, experiencing a 47% decrease from the previous quarter. Baker Hughes highlighted the strong performance of its IET segment, reporting orders totaling $3.5 billion, bolstered by over $550 million in data center-related orders. This contributed to a record backlog for the segment. Despite the absence of large LNG awards, order momentum remained strong. The company expressed confidence in achieving its full-year order guidance range for the IET segment.