Berkshire Hathaway (BRK-B) Operating Expenses (2009 - 2026)
Berkshire Hathaway (BRK-B) posted quarterly Operating Expenses of $79.9 billion for Q1 2026, up 2.12% year-over-year from $78.3 billion in Q1 2025, and down 66.25% quarter-over-quarter from $236.8 billion in Q3 2025.
Berkshire Hathaway (BRK-B) 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 $396.1 billion (changed 0.21% YoY), while the FY2025 annual figure was $318.5 billion, up 0.88% from the prior year.
- Operating Expenses for Q1 2026 stood at $79.9 billion, down from $236.8 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.
- The 5-year median for Operating Expenses is $78.8 billion (2025), against an average of $109.2 billion.
- The sharpest annual moves came in 2023 and 2024: Operating Expenses jumped 248.51% in 2023, then retreated 1.26% in 2024.
- Berkshire Hathaway's Operating Expenses stood at $71.3 billion in 2022, then soared by 232.79% to $237.4 billion in 2023, then changed by 0.0% to $237.4 billion in 2024, then retreated by 0.25% to $236.8 billion in 2025, then sank by 66.25% to $79.9 billion in 2026.
- Business Quant data shows BRK-B's Operating Expenses at $79.9 billion in Q1 2026, $236.8 billion in Q3 2025, and $79.4 billion in Q2 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Berkshire Hathaway | 1,068.88 Bn | 741.90 Bn | 55.86 Bn | 86.07 Bn |
| 2 | Sun Life Financial | 43.75 Bn | 32.52 Bn | - | 1.71 Bn |
| 3 | American International | 40.40 Bn | 2.58 Bn | 3.50 Bn | 5.82 Bn |
| 4 | Hartford Insurance | 37.18 Bn | 20.87 Bn | 3.18 Bn | 6.03 Bn |
| 5 | Arch Capital | 34.10 Bn | 32.99 Bn | 2.47 Bn | 3.49 Bn |
| 6 | Aegon | 28.00 Bn | 28.00 Bn | - | - |
| 7 | Pelagos Insurance Capital | 2.03 Bn | 1.58 Bn | 357.40 Mn | 597.10 Mn |
| 8 | Exzeo | 1.50 Bn | 1.36 Bn | 36.84 Mn | 8.38 Mn |
| 9 | International General Insurance Holdings | 1.15 Bn | 917.64 Mn | -5.60 Mn | 23.10 Mn |
| 10 | Waterdrop | 359.74 Mn | 230.42 Mn | 109.06 Mn | -168.50 Mn |
Historic Data
Download 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 |