Berkshire Hathaway (BRK-A) Operating Expenses (2009 - 2026)
Berkshire Hathaway (BRK-A) recorded quarterly Operating Expenses of $79.9 billion in Q1 2026, up 1.0% quarter-over-quarter from $79.1 billion in Q3 2025, and up 2.12% on a YoY basis from $78.3 billion in Q1 2025.
Berkshire Hathaway (BRK-A) Operating Expenses (2009 - 2026) Analysis & Trends
Berkshire Hathaway's Operating Expenses history runs 18 years deep, the most recent figure standing at $79.9 billion for Q1 2026.
- In Q1 2026, Operating Expenses rose 2.12% year-over-year to $79.9 billion; the TTM figure through Mar 2026 stood at $238.4 billion (changed 0.28% YoY), while the FY2025 annual figure was $318.5 billion, up 0.88% from the prior year.
- Operating Expenses was $79.9 billion for Q1 2026 at Berkshire Hathaway, up from $79.1 billion in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $81.2 billion in Q3 2024 to a low of $62.2 billion in Q1 2022.
- Historically, Operating Expenses has averaged $75.6 billion across 5 years, with a median of $78.7 billion in 2025.
- The sharpest annual moves came in 2023 and 2025: Operating Expenses advanced 24.46% in 2023, then dropped 2.57% in 2025.
- A 5-year view of Operating Expenses shows it stood at $71.3 billion in 2022, then rose by 13.07% to $80.7 billion in 2023, then climbed by 0.71% to $81.2 billion in 2024, then retreated by 2.57% to $79.1 billion in 2025, then gained by 1.0% to $79.9 billion in 2026.
- The last three Operating Expenses figures came in at $79.9 billion (Q1 2026), $79.1 billion (Q3 2025), and $79.4 billion (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | American International | 39.85 Bn | 1.02 Bn | 2.60 Bn | 5.66 Bn |
| 2 | Hartford Insurance | 35.40 Bn | 26.34 Bn | 2.15 Bn | 6.17 Bn |
| 3 | Arch Capital | 32.21 Bn | 31.30 Bn | 4.02 Bn | 3.41 Bn |
| 4 | Brookfield Wealth Solutions | 9.95 Bn | -3.21 Bn | 4.62 Bn | -384.00 Mn |
| 5 | FIHL | 2.04 Bn | 2.04 Bn | - | - |
| 6 | International General Insurance Holdings | 1.03 Bn | 811.79 Mn | 111.10 Mn | -25.60 Mn |
| 7 | Waterdrop | 632.07 Mn | 560.72 Mn | 129.34 Mn | -189.81 Mn |
| 8 | Sun Life Financial | 48.32 Mn | -8.02 Bn | - | - |
| 9 | Exzeo | 1.16 Mn | -230.22 Mn | 32.74 Mn | 7.67 Mn |
| 10 | Berkshire Hathaway | - | - | 87.16 Bn | 79.93 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 79.93 Bn |
| Sep 30, 2025 | 79.14 Bn |
| Jun 30, 2025 | 79.38 Bn |
| Mar 31, 2025 | 78.27 Bn |
| Sep 30, 2024 | 81.22 Bn |
| Jun 30, 2024 | 79.63 Bn |
| Mar 31, 2024 | 76.53 Bn |
| Sep 30, 2023 | 80.65 Bn |
| Jun 30, 2023 | 80.64 Bn |
| Mar 31, 2023 | 76.09 Bn |
| Dec 31, 2022 | 71.33 Bn |
| Sep 30, 2022 | 68.11 Bn |
| Jun 30, 2022 | 64.79 Bn |
| Mar 31, 2022 | 62.25 Bn |
| Dec 31, 2021 | 63.40 Bn |
| Sep 30, 2021 | 63.40 Bn |
| Jun 30, 2021 | 60.93 Bn |
| Mar 31, 2021 | 56.02 Bn |
| Dec 31, 2020 | 58.73 Bn |
| Sep 30, 2020 | 56.97 Bn |