Berkshire Hathaway (BRK-B) Operating Expenses (2009 - 2026)
Berkshire Hathaway (BRK-B) posted Operating Expenses of $86.1 billion for Q2 2026, up 7.69% on a QoQ basis from $79.9 billion in Q1 2026, and up 8.42% year-over-year from $79.4 billion in Q2 2025.
Analysis
Berkshire Hathaway (BRK-B) Operating Expenses (2009 - 2026) Analysis & Trends
Berkshire Hathaway has reported Operating Expenses for 18 years, with the latest figure at $86.1 billion in Q2 2026.
- On a quarterly basis, Operating Expenses rose 8.42% year-over-year to $86.1 billion in Q2 2026; TTM through Jun 2026 was $482.2 billion, a 1.58% increase from a year earlier, with the FY2025 full-year figure at $318.5 billion, up 0.88% from the prior year.
- Operating Expenses was $86.1 billion for Q2 2026 at Berkshire Hathaway, up from $79.9 billion in the prior quarter.
- The five-year high for Operating Expenses was $237.4 billion in Q3 2023, with the low at $62.2 billion in Q1 2022.
- Average Operating Expenses over 5 years is $107.6 billion, with a median of $79.4 billion recorded in 2025.
- The sharpest annual moves came in 2023 and 2024: Operating Expenses soared 248.51% in 2023, then slipped 1.26% in 2024.
- Over 5 years, Operating Expenses stood at $71.3 billion in 2022, then surged by 232.79% to $237.4 billion in 2023, then changed by 0.0% to $237.4 billion in 2024, then slipped by 0.25% to $236.8 billion in 2025, then tumbled by 63.65% to $86.1 billion in 2026.
- The last three Operating Expenses figures came in at $86.1 billion (Q2 2026), $79.9 billion (Q1 2026), and $236.8 billion (Q3 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Berkshire Hathaway | 1,099.61 Bn | 774.90 Bn | 55.86 Bn | 86.07 Bn |
| 2 | Chubb | 130.42 Bn | 122.12 Bn | 9.13 Bn | 12.19 Bn |
| 3 | Progressive | 126.50 Bn | 121.50 Bn | 9.04 Bn | 19.40 Bn |
| 4 | Travelers Companies | 78.28 Bn | 54.52 Bn | 6.23 Bn | 9.39 Bn |
| 5 | Allstate | 64.42 Bn | 25.67 Bn | 16.28 Bn | 14.45 Bn |
| 6 | Aflac | 57.90 Bn | -45.11 Bn | 2.27 Bn | 3.12 Bn |
| 7 | Fairfax Financial Holdings | 49.20 Bn | 53.91 Bn | - | -134.80 Mn |
| 8 | American International | 39.53 Bn | 1.73 Bn | 3.50 Bn | 5.82 Bn |
| 9 | Hartford Insurance | 36.93 Bn | 20.62 Bn | 3.18 Bn | 6.03 Bn |
| 10 | Cincinnati Financial | 26.06 Bn | 24.17 Bn | 2.39 Bn | 2.70 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 86.07 Bn |
| Mar 31, 2026 | 79.93 Bn |
| Sep 30, 2025 | 236.79 Bn |
| Jun 30, 2025 | 79.38 Bn |
| Mar 31, 2025 | 78.27 Bn |
| Sep 30, 2024 | 237.38 Bn |
| Jun 30, 2024 | 79.63 Bn |
| Mar 31, 2024 | 76.53 Bn |
| Sep 30, 2023 | 237.38 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 |