838,591.00
USD
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(0.39%)
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Last updated: · Delayed 15 min
Fair valueNot reliable
Q3 FY2026 · Earnings report
EPS estimate 8,821.84Revenue estimate 100.96B
Q3 FY2026 · Earnings report
EPS estimate 8,821.84Revenue estimate 100.96B
Berkshire Hathaway financials
Yes. Berkshire Hathaway earned 85.77B USD of net income over the last twelve months, 22.3% of its revenue. It made a profit in 37 of its 38 fiscal years since 1988. Its last loss was in fiscal year 2022.
- Revenue (TTM)
- 384.69B USD
- Net income (TTM)
- 85.77B USD
- Free cash flow (TTM)
- 24.22B USD
- Cash and short-term investments
- 365.51B USD
- Total debt
- 129.37B USD
- Shareholders' equity
- 750.18B USD
Cash, debt and equity as of 30 Jun 2026.
Berkshire Hathaway earnings
Next earnings · Q3 FY2026
EPS estimate
8,821.84 USD
Revenue estimate
100.96B USD
Last quarter · Q2 FY2026
EPS9,030.34Beat +19.6%Revenue101.81BBeat +5.5%
Revenue
ReportedEstimate
EPS
ReportedEstimate
| Period | Report date | EPS estimate | Reported EPS | Surprise | EPS growth | Revenue estimate | Reported revenue | Surprise | Revenue growth |
|---|---|---|---|---|---|---|---|---|---|
| Q3 FY2026 | 8,821.84 | — | — | -5.94% | 100.96B | — | — | +6.30% | |
| Q2 FY2026 | 7,553.16 | 9,030.34 | +19.56% | +16.52% | 96.52B | 101.81B | +5.48% | +10.04% | |
| Q1 FY2026 | 7,611.35 | 7,878.30 | +3.51% | +17.68% | 92.91B | 93.68B | +0.82% | +3.86% | |
| Q4 FY2025 | 8,259.23 | 7,089.43 | -14.16% | -29.89% | 96.98B | 100.67B | +3.81% | +6.06% | |
| Q3 FY2025 | 8,573.50 | 9,378.93 | +9.39% | +33.55% | 95.62B | 94.97B | -0.68% | +144.38% | |
| Q2 FY2025 | 7,508.10 | 7,749.81 | +3.22% | -3.99% | 91.96B | 92.52B | +0.60% | -1.22% | |
| Q1 FY2025 | 7,076.90 | 6,694.59 | -5.40% | -14.13% | 90.83B | 90.19B | -0.70% | +0.36% |
| Period | EPS estimate | Reported EPS | Surprise | EPS growth | Revenue estimate | Reported revenue | Surprise | Revenue growth |
|---|---|---|---|---|---|---|---|---|
| FY2027 | 33,478.46 | — | — | -0.09% | 409.85B | — | — | +1.57% |
| FY2026 | 33,507.91 | — | — | +8.40% | 403.52B | — | — | +6.65% |
| FY2025 | 32,207.60 | 30,912.76 | -4.02% | -6.33% | 385.12B | 378.35B | -1.76% | +19.24% |
| FY2024 | 29,744.25 | 33,002.90 | +10.96% | +28.01% | 371.95B | 317.30B | -14.69% | -12.94% |
| FY2023 | 25,896.48 | 25,781.25 | -0.44% | +22.99% | 314.42B | 364.48B | +15.92% | +54.99% |
| FY2022 | 21,580.41 | 20,961.37 | -2.87% | +15.27% | 262.08B | 235.17B | -10.27% | -14.82% |
Berkshire Hathaway growth and profitability
Full income statement- Revenue (TTM)
- 384.69B USD
- Net income (TTM)
- 85.77B USD
- Gross margin
- 23.52%
- Operating margin
- 16.25%
- Net margin
- 22.30%
Revenue / Net income
Revenue Net income Net margin
How Berkshire Hathaway makes its money
Berkshire Hathaway Insurance Group104.21B 28.1%
Manufacturing Businesses78.49B 21.1%
Mc Lane Company51.00B 13.7%
Service And Retailing Businesses42.65B 11.5%
Pilot Travel Centers ("Pilot)42.20B 11.4%
Berkshire Hathaway Energy Company26.30B 7.1%
Burlington Northern Santa Fe Corporation23.53B 6.3%
Revenue371.44B 100.0%
Cost of revenue283.67B 76.4%
Gross profit87.78B 23.6%
Selling and administration28.90B 7.8%
Operating income58.88B 15.9%
Tax15.20B 4.1%
Net income66.97B 18.0%
FY2025, in USD. Each band is as wide as its money; the percentage is its share of revenue.
FY2025, in USD. Each band is as wide as its money; the percentage is its share of revenue.
Berkshire Hathaway revenue breakdown
By product
FY2025
28.3%Berkshire Hathaway Insurance Group21.3%Manufacturing Businesses13.8%Mc Lane Company11.6%Service And Retailing Businesses11.5%Pilot Travel Centers ("Pilot)7.1%Berkshire Hathaway Energy Company6.4%Burlington Northern Santa Fe Corporation
| Segment | Revenue | Share of revenue | Change on the year |
|---|---|---|---|
| Berkshire Hathaway Insurance Group | 104.21B | 28.3% | -0.8% |
| Manufacturing Businesses | 78.49B | 21.3% | +1.6% |
| Mc Lane Company | 51.00B | 13.8% | -1.8% |
| Service And Retailing Businesses | 42.65B | 11.6% | +7.0% |
| Pilot Travel Centers ("Pilot) | 42.20B | 11.5% | -10.0% |
| Berkshire Hathaway Energy Company | 26.30B | 7.1% | -0.2% |
| Burlington Northern Santa Fe Corporation | 23.53B | 6.4% | -0.2% |
By region
FY2013
100.0%Mid American
| Region | Revenue | Share of revenue | Change on the year |
|---|---|---|---|
| Mid American | 12.74B | 100.0% | — |
Operating and free cash flow
Full cash flow statementOperating cash flow Free cash flow
Berkshire Hathaway financial health
Full balance sheet- Cash and short-term investments
- 365.51B USD
- Total debt
- 129.37B USD
- Net cash
- 236.14B USD
- Free cash flow (TTM)
- 24.22B USD
- Current ratio
- 7.29
- Debt to equity
- 0.17
- Piotroski score
- 4 / 9
- Altman Z-score
- 3.14
Cash, debt and free cash flow
Cash and short-term investments Total debt Free cash flow
Assets, liabilities and equity
Total assets Total liabilities Shareholders' equity
Berkshire Hathaway valuation
- Price to earnings ratio (TTM)
- 14.06
- Forward P/E (FY2026)
- 25.03
- Price to sales (TTM)
- 3.11
- Price to book
- 1.60
- EV / EBITDA (TTM)
- 12.56
Capital structure
Market capitalization
1.20T USD
+
Total debt
129.37B USD
−
Cash and short-term investments
365.51B USD
=
Enterprise value
960.64B USD
Valuation over time
P/EForward P/EForward P/E · EstimateEstimate
Berkshire Hathaway ownership
- Institutions
- 21.41%
- Institutional holders
- 1,426 (-5)
- Free float
- 86.45%
InstitutionsOthers
As of 30 Jun 2026
Insider trading
| Quarter | Purchases | Sales | Shares acquired | Shares disposed of |
|---|---|---|---|---|
| Q4 2026 | 0 | 0 | 0.00 | 19.00 |
| Q3 2026 | 5 | 1 | 12.00M | 12.05M |
| Q2 2026 | 2 | 0 | 38.04K | 38.05K |
| Q1 2026 | 18 | 0 | 21.00 | 24.00 |
Shares outstanding
Basic shares Diluted shares Change in diluted shares
Common questions about Berkshire Hathaway's financials
Source: Financial Modeling Prep