Quarterly results
Net income
$25.7B
$12.4B previously · +107.49%
Revenue
$70.1B
$61.4B previously · +14.18%
Primary evidence: 10-Q · Aug 10, 2026
Comparison evidence: 10-Q · Aug 4, 2025
Following Berkshire Hathaway?
Berkshire Hathaway
Financial performance and company analysis from public filings and market data.
BRK-ANYSE
Berkshire Hathaway Class A Common StockLatest close
$811,320.00
Company snapshot
A consistent view of the latest supported company value and reported operating results.
Market cap
$1.16T
Shares reported Jul 29, 2026
Revenue (TTM)
$259.73B
Net income (TTM)
$85.77B
Free cash flow (TTM)
$24.21B
Fundamental lens
Four transparent questions from retained financial evidence. Each result stands on its own; Grizzly Bulls does not combine them into a score, ranking, or recommendation.
Profitability
Profitable
Is trailing-twelve-month net income positive?
Trailing-twelve-month net income is positive. As of 2026-06-30.
Net income (TTM): $85.8B
Cash generation
Positive free cash flow
Is trailing-twelve-month free cash flow positive?
Trailing-twelve-month operating cash flow less capital expenditures is positive. As of 2026-06-30.
Free cash flow (TTM): $24.2B
Liquidity
Unknown
Do reported current assets cover reported current liabilities?
Comparable current assets and current liabilities are not available for the same retained reporting date.
Recent operating direction
Improving
What changed in the latest comparable reported results?
All 2 material financial changes in the latest retained results moved higher than their comparison periods. As of 2026-08-10.
Net income: $25.7B vs 12.4B USD on 2025-06-30 · Revenue: $70.1B vs 61.4B USD on 2025-06-30
How this lens works
Profitability uses only the sign of retained trailing-twelve-month net income. Cash generation uses only the sign of retained trailing-twelve-month free cash flow, defined as operating cash flow less capital expenditures.
Liquidity compares current assets with current liabilities only when both are retained for the same reporting date. It does not infer liquidity from differently dated balance sheets.
Recent operating direction uses the latest supported material financial event when comparable history exists. The existing change methodology requires at least a 10% absolute change or a sign/zero transition and compares quarterly results only with the same fiscal quarter year over year.
Price history
Five years of adjusted closing-price history for this listing, shown as historical context rather than a live quote.
About this price history
The chart uses the market provider's adjusted daily close for the current listing. It does not stitch predecessor listings and does not represent total return, benchmark performance, or historical valuation.
About the company
Berkshire Hathaway is a diversified holding company whose subsidiaries operate across insurance and reinsurance, freight rail, energy and utilities, manufacturing, service, and retail businesses.
- Sector
- Financials
- Industry
- Diversified Holding Company
- Headquarters
- Omaha, Nebraska, United States
Listing & sources
Ticker: BRK-A · Exchange: NYSE · Berkshire Hathaway Class A Common Stock
Financials
Reviewed reported financial history is shown here when the shared universal financial reader is unavailable.
| Metric | Q2 · Jun 30, 2026 | Q1 · Mar 31, 2026 | Q4 · Dec 31, 2025 | Q3 · Sep 30, 2025 | Q2 · Jun 30, 2025 | Q1 · Mar 31, 2025 |
|---|---|---|---|---|---|---|
| Revenue | $70.1B | $63.1B | $62.7B | $63.7B | $61.4B | $59.4B |
| Operating income | Unknown | Unknown | Unknown | Unknown | Unknown | Unknown |
| Net income | $25.7B | $10.1B | $19.2B | $30.8B | $12.4B | $4.6B |
| Operating cash flow | $11.2B | $10.4B | $11.2B | $13.8B | $10.1B | $10.9B |
| Capital expenditures | $5.6B | $5B | $6.2B | $5.6B | $4.9B | $4.3B |
| Free cash flow | $5.6B | $5.5B | $5B | $8.2B | $5.2B | $6.6B |
| Metric | TTM · Jun 30, 2026 | TTM · Mar 31, 2026 | TTM · Dec 31, 2025 | TTM · Sep 30, 2025 |
|---|---|---|---|---|
| Revenue | $259.7B | $251B | $247.2B | $247.4B |
| Operating income | Unknown | Unknown | Unknown | Unknown |
| Net income | $85.8B | $72.5B | $67B | $67.5B |
| Operating cash flow | $46.6B | $45.5B | $46B | $39.4B |
| Capital expenditures | $22.4B | $21.6B | $20.9B | $20.1B |
| Free cash flow | $24.2B | $23.9B | $25B | $19.3B |
| Metric | Year · Dec 31, 2025 | Year · Dec 31, 2024 | Year · Dec 31, 2023 | Year · Dec 31, 2022 | Year · Dec 31, 2021 |
|---|---|---|---|---|---|
| Revenue | $247.2B | $249.7B | $254.9B | $207.8B | $191.3B |
| Operating income | Unknown | Unknown | Unknown | Unknown | Unknown |
| Net income | $67B | $89B | $96.2B | -$22.8B | $89.9B |
| Operating cash flow | $46B | $30.6B | $49.2B | $37.4B | $39.4B |
| Capital expenditures | $20.9B | $19B | $19.4B | $15.5B | $13.3B |
| Free cash flow | $25B | $11.6B | $29.8B | $21.9B | $26.2B |
Valuation
Reviewed current market-value multiples appear only when the matching denominator is supported.
Market cap
$1.2T
Closing prices Oct 21, 2026
P/S (TTM)
4.4×
P/FCF (TTM)
47.7×
Statistics
A compact key-metrics view of supported financial, valuation, balance-sheet, cash-flow, capital-return, and market facts. Relevant market, historical-window, and reporting dates stay attached to each figure.
Current market-value measures and supported trailing multiples, preserving their market and denominator dates.
Market cap
$1.2T
close Oct 21, 2026 · shares Jul 29, 2026
P/S (TTM)
4.4×
market Oct 21, 2026 · TTM through Jun 30, 2026
P/FCF (TTM)
47.7×
market Oct 21, 2026 · TTM through Jun 30, 2026
Deterministic margins and annual growth rates already derived from validated reported financials.
Free cash flow margin (TTM)
9.32%
TTM through Jun 30, 2026
Revenue growth
-0.99%
Dec 31, 2025 vs Dec 31, 2024
Free cash flow growth
115.58%
Dec 31, 2025 vs Dec 31, 2024
Latest supported balance-sheet facts plus reviewed debt and liquidity measures where available.
Total assets
$1.3T
quarter ended Jun 30, 2026
Total liabilities
$512.9B
quarter ended Jun 30, 2026
Stockholders' equity
$747.9B
quarter ended Jun 30, 2026
Latest supported operating cash flow, capital spending, free cash flow, dividends, and repurchases.
Operating cash flow (TTM)
$46.6B
TTM through Jun 30, 2026
Capital expenditures (TTM)
$22.4B
TTM through Jun 30, 2026
Free cash flow (TTM)
$24.2B
TTM through Jun 30, 2026
Share repurchases
$2.9B
year ended Dec 31, 2024
Ownership intelligence
Beneficial-ownership snapshots, limited filing observations, and insider transactions are different facts. This view keeps them separate instead of reconstructing a position from transaction flow.
Limited ownership observations (1)
These filings are partial incremental or legacy observations. They can show what a filing reported, but they are not complete current-position snapshots and are not added together.
| Reporting owner | Scope | Reported positions | As of | Evidence |
|---|---|---|---|---|
| Warren Buffett | Legacy / scope not reviewed | 2 | Jul 14, 2026 | Source ↗ |
How to read ownership intelligence
Current beneficial ownership, transaction activity, institutional ownership, and connected-wealth relationships are separate source families. Institutional ownership is not part of this view.
Transaction security titles stay source-reported unless a reviewed legal-security mapping exists; Grizzly Bulls does not guess from similar names.
This is a reader-facing presentation of reviewed evidence. It does not create new rankings, alerts, change intelligence, narratives, or calculations.
What Changed?
Deterministic changes from supported reported financials, reviewed share-count history, and comparable reviewed ownership records. Events are ordered by when the supporting information became public, not by a Grizzly Bulls importance score.
Quarterly results
Free cash flow
$5.5B
$6.6B previously · -17.67%
Net income
$10.1B
$4.6B previously · +119.55%
Primary evidence: 10-Q · May 4, 2026
Comparison evidence: 10-Q · May 5, 2025
Annual results
Free cash flow
$25B
$11.6B previously · +115.58%
Net income
$67B
$89B previously · -24.75%
Primary evidence: 10-K · Mar 2, 2026
Comparison evidence: 10-K · Mar 2, 2026
Annual results
Free cash flow
$11.6B
$29.8B previously · -61%
Primary evidence: 10-K · Mar 2, 2026
Comparison evidence: 10-K · Mar 2, 2026
Show earlier changes
Annual results
Free cash flow
$29.8B
$21.9B previously · +36.1%
Net income
$96.2B
-$22.8B previously · +522.79%
Revenue
$254.9B
$207.8B previously · +22.69%
Primary evidence: 10-K · Mar 2, 2026
Comparison evidence: 10-K · Feb 24, 2025
Quarterly results
Free cash flow
$8.2B
-$2.9B previously · +383.06%
Net income
$30.8B
$26.3B previously · +17.31%
Primary evidence: 10-Q · Aug 4, 2025 · 10-Q · Nov 3, 2025
Comparison evidence: 10-Q · Aug 5, 2024 · 10-Q · Nov 4, 2024
Quarterly results
Free cash flow
$5.2B
$9.1B previously · -42.35%
Net income
$12.4B
$30.3B previously · -59.24%
Primary evidence: 10-Q · May 5, 2025 · 10-Q · Aug 4, 2025
Comparison evidence: 10-Q · May 6, 2024 · 10-Q · Aug 5, 2024
Quarterly results
Net income
$4.6B
$12.7B previously · -63.76%
Primary evidence: 10-Q · May 5, 2025
Comparison evidence: 10-Q · May 6, 2024
Coverage & methodology
Financial-result events require at least a 10% absolute change or a sign/zero transition in supported revenue, operating income, net income, or free cash flow. Quarterly comparisons are same fiscal quarter year over year; annual comparisons use adjacent comparable annual periods.
Share-count events use only consecutive reviewed complete share-count observations. Ownership events require explicit comparable complete beneficial-ownership snapshots; partial incremental ownership reports are never treated as complete positions.
This is a structured change feed, not a general news feed or generated factual narrative. Missing source history can mean that a change is not measurable here.
Financial analysis
Margins and growth rates are calculated from the reported financial results shown on this page.
Free cash flow margin (TTM)
9.32%
Free cash flow margin
10.13%
Revenue growth
-0.99%
Free cash flow growth
115.58%
Recent SEC filings
Reviewed issuer filings from SEC EDGAR. Current reports show filed SEC item categories rather than generated news summaries.
SEC EDGARWatch research updates
8-KCurrent report
Filed Aug 11, 2026 · Period/event date Aug 8, 2026
Results of operations
10-QQuarterly report
Filed Aug 10, 2026 · Period/event date Jun 30, 2026
DEF 14AProxy statement
Filed Mar 13, 2026 · Period/event date May 2, 2026
10-KAnnual report
Filed Mar 2, 2026 · Period/event date Dec 31, 2025
Connected wealth
Reviewed wealth records connect this company to major fortunes while keeping company ownership, legal-security positions, voting power, control, and observation dates distinct.
- Direct ownership: 13.2% · Jul 14, 2026
- 2 reviewed legal-security positions
- Ownership connection
- Reported security position
This is reviewed connected-wealth research, not a complete institutional-ownership table.
Related Grizzly Bulls research
- Billionaire Public-Equity Positions Dataset
This company appears in Grizzly Bulls’ reviewed cross-company dataset of billionaire SEC public-equity positions.