Berkshire Hathaway (BRK-B) Cost of Revenue (2009 - 2026)
Berkshire Hathaway (BRK-B) reported Cost of Revenue of $45.95 billion for Q2 2026, up 16.0% from $39.62 billion a year earlier and up 11.5% from the prior quarter.
Berkshire Hathaway (BRK-B) Cost of Revenue (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Berkshire Hathaway's Cost of Revenue came in at $169.05 billion, up 6.4% year-over-year; for FY2025, it came in at $160.06 billion, down 2.2% from FY2024.
- Cost of Revenue has a five-year compound annual growth rate of 9.6% (FY2020 to FY2025).
- By year, Cost of Revenue came in at $163.64 billion in FY2024 (-3.3%), $169.28 billion in FY2023 (+36.2%), $124.32 billion in FY2022 (+8.9%) and $114.14 billion in FY2021 (+12.9%).
- The Q2 2026 figure ranks as the highest quarterly Cost of Revenue since Q4 2023.
- Year over year, Cost of Revenue gained in four of the last eight quarters, with an average decline of 0.6%.
- The high point for year-over-year Cost of Revenue in five years was Q4 2023 (growth of 144.5%); the low point was Q4 2024 (a decline of 46.7%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $41.21 billion (Q1 2026), $41.02 billion (Q4 2025) and $40.88 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Berkshire Hathaway | 1,248.67 Bn | -185.49 Bn | 56.71 Bn | 48.94 Bn |
| 2 | Chubb | 141.22 Bn | 92.15 Bn | 8.67 Bn | 7.53 Bn |
| 3 | Progressive | 134.26 Bn | 109.78 Bn | 8.29 Bn | 14.90 Bn |
| 4 | Marsh & Mclennan Companies | 98.32 Bn | 90.72 Bn | - | - |
| 5 | Travelers Companies | 82.09 Bn | 59.57 Bn | 5.93 Bn | 6.49 Bn |
| 6 | Manulife Financial | 75.36 Bn | -19.02 Bn | - | - |
| 7 | Arthur J. Gallagher | 72.54 Bn | 67.17 Bn | 3.33 Bn | 645.00 Mn |
| 8 | Aon | 71.33 Bn | 50.56 Bn | - | - |
| 9 | Allstate | 65.04 Bn | 22.10 Bn | -9.85 Bn | 9.94 Bn |
| 10 | Metlife | 64.67 Bn | -43.29 Bn | 9.05 Bn | 11.47 Bn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 48.94 Bn |
| Jun 30, 2026 | 45.95 Bn |
| Mar 31, 2026 | 41.21 Bn |
| Dec 31, 2025 | 41.02 Bn |
| Sep 30, 2025 | 40.88 Bn |
| Jun 30, 2025 | 39.62 Bn |
| Mar 31, 2025 | 38.55 Bn |
| Dec 31, 2024 | 41.19 Bn |
| Sep 30, 2024 | 39.58 Bn |
| Jun 30, 2024 | 42.08 Bn |
| Mar 31, 2024 | 40.79 Bn |
| Dec 31, 2023 | 77.29 Bn |
| Sep 30, 2023 | 31.05 Bn |
| Jun 30, 2023 | 30.62 Bn |
| Mar 31, 2023 | 30.32 Bn |
| Dec 31, 2022 | 31.61 Bn |
| Sep 30, 2022 | 31.29 Bn |
| Jun 30, 2022 | 31.63 Bn |
| Mar 31, 2022 | 29.79 Bn |
| Dec 31, 2021 | 29.86 Bn |
Berkshire Hathaway Cost of Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=BRK-B&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "BRK-B", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=BRK-B&period=max&api_key=YOUR_API_KEY");
const data = await res.json();