Growth Metrics

Berkshire Hathaway (BRK-B) Operating Expenses (2009 - 2026)

Berkshire Hathaway's quarterly Operating Expenses came in at $79.9 billion in Q1 2026, up 2.12% year-on-year from $78.3 billion in Q1 2025, and up 1.0% quarter-over-quarter from $79.1 billion in Q3 2025.

Berkshire Hathaway has reported Operating Expenses for 18 years, with the latest figure at $79.9 billion in Q1 2026.

  • For the quarter ending Q1 2026, Operating Expenses rose 2.12% year-over-year to $79.9 billion; the trailing twelve-month figure through Mar 2026 stood at $238.4 billion (changed 0.28% YoY), and the FY2025 full-year result was $318.5 billion, up 0.88% from the prior year.
  • Operating Expenses for Q1 2026 stood at $79.9 billion, up from $79.1 billion in the prior quarter.
  • The five-year high for Operating Expenses was $81.2 billion in Q3 2024, with the low at $62.2 billion in Q1 2022.
  • Average Operating Expenses over 5 years is $75.6 billion, with a median of $78.7 billion recorded in 2025.
  • Year-over-year, Operating Expenses grew 24.46% in 2023 and fell 2.57% in 2025.
  • Tracing BRK-B's Operating Expenses over 5 years: stood at $71.3 billion in 2022, then gained by 13.07% to $80.7 billion in 2023, then grew by 0.71% to $81.2 billion in 2024, then decreased by 2.57% to $79.1 billion in 2025, then advanced 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 39.62 Bn 784.91 Mn 2.60 Bn 5.66 Bn
2 Hartford Insurance 34.97 Bn 25.91 Bn 2.15 Bn 6.17 Bn
3 Aegon 34.55 Bn 34.55 Bn - -
4 Arch Capital 31.37 Bn 30.45 Bn 4.02 Bn 3.41 Bn
5 Fidelis Insurance Holdings 2.04 Bn 2.04 Bn 386.80 Mn 507.50 Mn
6 International General Insurance Holdings 1.03 Bn 811.79 Mn 70.90 Mn -103.70 Mn
7 Waterdrop 762.05 Mn 690.71 Mn 129.34 Mn -189.81 Mn
8 Exzeo 1.28 Mn -230.11 Mn 32.74 Mn 7.67 Mn
9 Sun Life Financial 43.53 -7.92 Bn - -
10 Berkshire Hathaway - - 87.16 Bn 79.93 Bn

Historic Data

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DateValue
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
Jun 30, 2020 61.26 Bn
Mar 31, 2020 54.34 Bn
Dec 31, 2019 60.12 Bn
Sep 30, 2019 56.05 Bn
Jun 30, 2019 56.01 Bn
Mar 31, 2019 53.52 Bn
Dec 31, 2018 57.72 Bn
Sep 30, 2018 55.33 Bn
Jun 30, 2018 53.79 Bn
Mar 31, 2018 52.38 Bn
Dec 31, 2017 54.65 Bn
Sep 30, 2017 55.15 Bn
Jun 30, 2017 51.70 Bn
Mar 31, 2017 59.74 Bn
Dec 31, 2016 49.28 Bn
Sep 30, 2016 48.54 Bn
Jun 30, 2016 47.09 Bn
Mar 31, 2016 45.95 Bn
Dec 31, 2015 44.44 Bn
Sep 30, 2015 44.92 Bn
Jun 30, 2015 45.52 Bn
Mar 31, 2015 41.00 Bn
Dec 31, 2014 42.42 Bn
Sep 30, 2014 44.45 Bn
Jun 30, 2014 40.85 Bn
Mar 31, 2014 38.86 Bn
Dec 31, 2013 39.82 Bn
Sep 30, 2013 39.16 Bn
Jun 30, 2013 37.80 Bn
Mar 31, 2013 36.57 Bn
Dec 31, 2012 37.97 Bn
Sep 30, 2012 35.11 Bn
Jun 30, 2012 33.93 Bn
Mar 31, 2012 33.22 Bn
Dec 31, 2011 33.50 Bn
Sep 30, 2011 30.38 Bn
Jun 30, 2011 33.01 Bn
Mar 31, 2011 31.49 Bn
Dec 31, 2010 29.68 Bn
Sep 30, 2010 31.74 Bn
Jun 30, 2010 28.77 Bn
Mar 31, 2010 26.94 Bn
Dec 31, 2009 25.73 Bn
Sep 30, 2009 25.07 Bn
Jun 30, 2009 24.82 Bn
Mar 31, 2009 25.33 Bn