Berkshire Hathaway (BRK-B) Gross Margin (2009 - 2026)

Berkshire Hathaway (BRK-B) recorded quarterly Gross Margin of 93.04% in Q1 2026, down 5.85% quarter-over-quarter from 98.82% in Q3 2025, and up 678.0% on a YoY basis from 11.96% in Q1 2025.

Berkshire Hathaway (BRK-B) Gross Margin (2009 - 2026) Analysis & Trends

Berkshire Hathaway's Gross Margin history runs 18 years deep, the most recent figure standing at 93.04% for Q1 2026.

  • In Q1 2026, Gross Margin rose 678.0% year-over-year to 93.04%; the TTM figure through Mar 2026 stood at 131.52% (up 3913.0% YoY), while the FY2025 annual figure was 98.23%, up 1853.0% from the prior year.
  • Gross Margin was 93.04% for Q1 2026 at Berkshire Hathaway, down from 98.82% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 1150.53% in Q4 2022 to a low of 317.73% in Q1 2023.
  • Historically, Gross Margin has averaged 127.75% across 5 years, with a median of 83.76% in 2023.
  • The sharpest annual moves came in 2022 and 2023: Gross Margin surged 82159 bps in 2022, then sank 37569 bps in 2023.
  • A 5-year view of Gross Margin shows it stood at 1150.53% in 2022, then slumped by 94 bps to 66.69% in 2023, then jumped by 48 bps to 99.01% in 2024, then dropped by 0 bps to 98.82% in 2025, then retreated by 6 bps to 93.04% in 2026.
  • The last three Gross Margin figures came in at 93.04% (Q1 2026), 98.82% (Q3 2025), and 82.47% (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 American International 39.85 Bn 1.02 Bn 2.60 Bn 42.77%
2 Hartford Insurance 35.40 Bn 26.34 Bn 2.15 Bn 34.94%
3 Arch Capital 32.21 Bn 31.30 Bn 4.02 Bn 88.98%
4 Brookfield Wealth Solutions 9.95 Bn -3.21 Bn 4.62 Bn 151.38%
5 FIHL 2.04 Bn 2.04 Bn - -
6 International General Insurance Holdings 1.03 Bn 811.79 Mn 111.10 Mn 99.91%
7 Waterdrop 632.07 Mn 560.72 Mn 129.34 Mn 64.09%
8 Sun Life Financial 48.32 Mn -8.02 Bn - -
9 Exzeo 1.16 Mn -230.22 Mn 32.74 Mn 58.96%
10 Berkshire Hathaway - - 87.16 Bn 93.04%

Historic Data

Download Data
DateValue
Mar 31, 2026 93.04%
Sep 30, 2025 98.82%
Jun 30, 2025 82.47%
Mar 31, 2025 86.26%
Sep 30, 2024 99.01%
Jun 30, 2024 86.13%
Mar 31, 2024 84.28%
Sep 30, 2023 66.69%
Jun 30, 2023 83.24%
Mar 31, 2023 -317.73%
Dec 31, 2022 1,150.53%
Sep 30, 2022 59.31%
Jun 30, 2022 58.49%
Mar 31, 2022 57.96%
Dec 31, 2021 328.94%
Sep 30, 2021 40.87%
Jun 30, 2021 -378.55%
Mar 31, 2021 58.93%
Dec 31, 2020 58.80%
Sep 30, 2020 58.81%