Berkshire Hathaway

BRK.B · NYSE · USD

$496.92−0.21%−$1.04

Close · October 1, 2026

At a glance

Revenue growth: 0.00%; 2025 vs 2024
Net income growth: −24.75%; 2025 vs 2024
Net margin: 18.0%; 2024: 24.0%

Financial data

Amounts in millions of USD; per-share values in USD; shares in millions.

Income statement · Annual
Item	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
Total revenue	371,444	371,433	364,482	302,020	276,185	245,579	254,616	247,837	240,651	215,865
Cost of revenue	274,326	257,698	241,286	330,031	161,038	175,789	149,039	237,434	215,441	179,566
Gross profit	97,118	113,735	123,196	-28,011	115,147	69,790	105,577	10,403	25,210	36,299
Selling, general and administrative	37,420	32,711	31,495	25,056	—	—	—	—	—	—
Operating income	97,118	113,735	123,196	-28,011	115,147	69,790	105,577	10,403	25,210	36,299
EBIT	97,118	113,735	123,196	-28,011	115,147	69,790	105,577	10,403	25,210	36,299
EBITDA	110,594	126,590	135,682	-17,112	125,865	80,386	115,641	20,182	34,398	45,200
Interest expense	5,069	5,200	5,003	4,352	4,172	4,083	3,961	3,853	4,386	3,741
Pre-tax income	82,459	110,376	120,166	-30,500	111,861	55,693	102,696	4,001	23,838	33,667
Income tax	15,199	20,815	23,019	-8,502	20,912	12,440	20,904	-321	-21,515	9,240
Net income	66,968	88,995	96,223	-22,759	89,937	42,521	81,417	4,021	44,940	24,074
Net income to common shareholders	66,968	88,995	96,223	-22,759	89,937	42,521	81,417	4,021	44,940	24,074
Basic EPS	46,563.02	61,900.09	66,411.99	-15,494.16	59,553.83	26,667.81	49,828.45	2,446.17	27,325.54	14,645.10
Diluted EPS	46,563.02	61,900.09	66,411.99	-15,494.16	59,553.83	26,667.81	49,828.45	2,446.17	27,325.54	14,645.10
Average shares (basic)	1.4	1.4	1.4	1.5	1.5	1.6	1.6	1.6	1.6	1.6
Average shares (diluted)	1.4	1.4	1.4	1.5	1.5	1.6	1.6	1.6	1.6	1.6