BRK-A

MKT CAP:$1.0T

Berkshire Hathaway Inc.

Market Cap

$1.0T

Financial Services·Insurance - Diversified·🇺🇸 United States·NYSE

Financials·Insurance·🇺🇸·NYSE

Stock Price

$706,395.00-$37,725.00 (-5.07%)

Apr 24, 2026

Company Details

Berkshire Hathaway Inc., through its subsidiaries, engages in the insurance, freight rail transportation, and utility businesses worldwide. It provides property, casualty, life, accident, and health insurance and reinsurance; and operates r...

CEO

Gregory Edward Abel

IPO Date

Mar 17, 1980

Website

www.berkshirehathaway.com

Key Metrics TTM

Revenue

$379.8B

+21.6% YoY

Net Income

$82.1B

EPS (Diluted)

$57,056.00

Free Cash Flow

$17.7B

Revenue / Share

$264,128.65

Gross Margin

20.4%

Operating Margin

18.2%

Net Margin

21.6%

FCF Margin

4.7%

P/S

2.7x

P/E

12.4x

Earnings Reports

Q1 2026

May 2, 2026

PENDING

FY 2025

Mar 2, 2026

$371.4BEPS $46,563.00

Q4 2025

Mar 2, 2026

$94.2B-3.9%EPS $13,349.00

Q3 2025

Nov 3, 2025

$95.0BEPS $21,412.00

Q2 2025

Aug 4, 2025

$92.5B-8.0%EPS $8,600.00

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q4 17	$61.0B	$23.5B	$4.3B
Q4 18	$28.2B	-$12.3B	-$32.7B
Q1 19	$81.0B	$44.2B	$27.6B
Q4 19	$96.7B	$54.9B	$36.8B
Q1 20	$61.2B	$23.4B	-$63.3B
Q2 20	$45.9B	$11.2B	$35.7B
Q1 22	$71.2B	$26.8B	$6.6B
Q4 23	$94.8B	$48.1B	$46.4B
Q2 24	$100.5B	$55.1B	$37.9B
Q4 24	$98.1B	$10.1B	$23.2B
Q2 25	$92.5B	$22.3B	$15.6B
Q3 25	$95.0B	$23.4B	$16.7B
Q4 25	$94.2B	$21.7B	$13.6B

Valuation

Quarter	P/S	P/E
Q4 17	—	—
Q4 18	—	—
Q1 19	—	—
Q4 19	2.1x	9.5x
Q1 20	1.7x	—
Q2 20	1.5x	15.6x
Q1 22	2.9x	70.5x
Q4 23	2.9x	40.8x
Q2 24	2.8x	8.8x
Q4 24	2.7x	10.5x
Q2 25	2.7x	10.5x
Q3 25	2.8x	11.6x
Q4 25	2.8x	13.2x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q4 17	$8.3B	$5.0B
Q4 18	$10.8B	$6.3B
Q1 19	$7.6B	$4.4B
Q4 19	$12.1B	$7.2B
Q1 20	$6.8B	$3.8B
Q2 20	$10.7B	$7.4B
Q1 22	$6.8B	$3.7B
Q4 23	$14.4B	$8.7B
Q2 24	$13.6B	$9.1B
Q4 24	$4.6B	-$726M
Q2 25	$10.1B	$5.2B
Q3 25	$13.8B	$8.2B
Q4 25	$11.2B	$5.0B

Capital Expenditures

Quarter	CapEx
Q4 17	$3.3B
Q4 18	$4.5B
Q1 19	$3.2B
Q4 19	$4.8B
Q1 20	$3.0B
Q2 20	$3.2B
Q1 22	$3.1B
Q4 23	$5.7B
Q2 24	$4.5B
Q4 24	$5.3B
Q2 25	$4.9B
Q3 25	$5.6B
Q4 25	$6.2B

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q1 20	+0.2%	+119.3%
Q2 20	+62.6%	-83.3%
Q1 22	-12.1%	+21.1%
Q4 23	-1.9%	-19.2%
Q2 24	+64.3%	-49.7%
Q4 24	+113.9%	+634.6%
Q2 25	+29.9%	+19.1%
Q3 25	+0.2%	+61.8%
Q4 25	-6.2%	+28.7%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q4 17	$0	0.0%
Q4 18	$0	0.0%
Q1 19	$0	0.0%
Q4 19	$0	0.0%
Q1 20	$0	0.0%
Q2 20	$0	0.0%
Q1 22	$0	0.0%
Q4 23	$0	0.0%
Q2 24	$0	0.0%
Q4 24	$0	0.0%
Q2 25	$0	0.0%
Q3 25	$0	0.0%
Q4 25	$0	0.0%

OpEx Breakdown

Quarter	G&A	S&M	SG&A
Q4 17	$4.1B	$498M	—
Q4 18	$10.1B	$4.5B	—
Q1 19	$5.5B	$4.4B	—
Q4 19	$6.7B	$5.7B	—
Q1 20	$5.5B	—	—
Q2 20	$5.4B	—	—
Q1 22	$5.5B	—	—
Q4 23	$4.4B	$6.9B	—
Q2 24	$7.8B	—	—
Q4 24	$10.2B	—	—
Q2 25	$9.8B	—	—
Q3 25	—	—	$6.7B
Q4 25	—	—	$8.0B

Revenue Segments

Quarter	Berkshire Hathaway Energy Company	Berkshire Hathaway Insurance Group	Burlington Northern Santa Fe Corporation	Finance and Financial Products Reportable Segment	Manufacturing Businesses	Mc Lane Company	Service And Retailing Businesses	Pilot Travel Centers ("Pilot)
Q4 17	$4.7B	$14.4B	$5.6B	$2.3B	$12.8B	$12.3B	$7.1B	—
Q4 18	$207M	$17.0B	$649M	—	$8.6B	$360M	$1.8B	—
Q2 25	$6.4B	$26.2B	$5.8B	—	$20.0B	$12.6B	$10.7B	$10.1B
Q3 25	$7.3B	$26.2B	$6.0B	—	$20.0B	$13.2B	$10.6B	$10.9B

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 22	$39.1B	$67.1B	$106.3B
Q2 22	$30.6B	$74.8B	$105.4B
Q3 22	$32.6B	$76.3B	$109.0B
Q4 22	$35.8B	$92.8B	$128.6B
Q1 23	$26.7B	$103.9B	$130.6B
Q2 23	$50.1B	$97.3B	$147.4B
Q3 23	$30.8B	$126.4B	$157.2B
Q4 23	$38.0B	$129.6B	$167.6B
Q1 24	$35.5B	$153.4B	$189.0B
Q2 24	$42.3B	$234.6B	$276.9B
Q3 24	$37.2B	$288.0B	$325.2B
Q4 24	$47.7B	$286.5B	$334.2B
Q1 25	$42.2B	$305.5B	$347.7B
Q2 25	$100.5B	$243.6B	$344.1B
Q3 25	$76.3B	$305.4B	$381.7B
Q4 25	$51.9B	$321.4B	$373.3B

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q4 17	2M	—	—
Q4 18	2M	-0.2%	—
Q1 19	2M	-0.1%	—
Q4 19	2M	-0.7%	—
Q1 20	2M	-0.3%	-1.3%
Q2 20	2M	-0.7%	-1.8%
Q1 22	1M	-8.5%	-10.1%
Q4 23	1M	-2.2%	-11.4%
Q2 24	1M	-0.4%	-11.5%
Q4 24	1M	+0.1%	-10.8%
Q2 25	1M	0.0%	-2.5%
Q3 25	1M	0.0%	-0.3%
Q4 25	1M	0.0%	+0.1%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q4 17	$161.9K	377K
Q4 18	$72.5K	389K
Q1 19	$208.2K	389K
Q4 19	$246.9K	392K
Q1 20	$156.2K	392K
Q2 20	$117.2K	392K
Q1 22	$191.5K	372K
Q4 23	$239.2K	397K
Q2 24	$253.5K	397K
Q4 24	$250.0K	392K
Q2 25	$235.8K	392K
Q3 25	$242.0K	392K
Q4 25	$243.0K	388K

Revenue / Employee