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Total Expense Breakdown
Details the company’s costs across insurance loss and loss-adjustment expenses, operating expenses at subsidiaries, interest and other overhead. Reveals how efficiently Berkshire converts revenue into profit, where cash is consumed across diverse businesses, and which cost drivers could pressure margins or free cash flow.Year‑end 2024 shows large, opposite moves (a massive Sales & Service spike and a Utilities & Energy offset) that read as one‑time accounting or acquisition items; removing that noise, the underlying picture is a durable step‑up in Berkshire’s recurring cost base — Sales & Service, Leasing, Underwriting and SG&A trend higher into 2025–26 while insurance losses remain sizable but stable. For investors, that raises the importance of run‑rate margins and capital returns: check whether revenue/underwriting outcomes keep pace with higher fixed and financing costs rather than judging by quarter spikes.
Date | Other | Impairments | Selling, General, and Administrative | Sales and Service | Insurance Losses | Utilities and Energy | Freight and Rail Transport | Underwriting | Annuity and Health Benefits | Leasing | Railroad Interest Expense | Interest, Insurance, and Other |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Jun 30, 2026 | $1.19B | $0.00 | $6.72B | $45.95B | $14.27B | $4.13B | $4.31B | $4.79B | $1.23B | $2.14B | $1.02B | $315.00M |
Mar 31, 2026 | $856.00M | $0.00 | $6.56B | $41.21B | $14.20B | $4.32B | $3.92B | $4.52B | $1.02B | $2.03B | $977.00M | $324.00M |
Dec 31, 2025 | $1.04B | $0.00 | $7.84B | $41.02B | $14.85B | $4.13B | $3.90B | $4.50B | $1.06B | $2.03B | $952.00M | $346.00M |
Sep 30, 2025 | $1.12B | $0.00 | $6.29B | $40.88B | $13.73B | $4.58B | $3.86B | $4.43B | $1.12B | $1.88B | $936.00M | $325.00M |
Jun 30, 2025 | $1.15B | $0.00 | $7.93B | $39.62B | $14.07B | $4.16B | $3.73B | $4.46B | $1.13B | $1.89B | $935.00M | $318.00M |
Mar 31, 2025 | $846.00M | $0.00 | $7.68B | $38.55B | $14.65B | $4.09B | $3.87B | $4.37B | $1.07B | $1.89B | $917.00M | $340.00M |
Dec 31, 2024 | $1.00B | $0.00 | $8.35B | $73.53B | $13.47B | -$30.71B | $4.26B | $4.08B | $1.03B | $1.86B | $807.00M | $633.00M |
Sep 30, 2024 | $1.10B | $0.00 | $7.32B | $30.32B | $15.16B | $14.61B | $3.85B | $4.93B | $925.00M | $1.77B | $899.00M | $315.00M |
Jun 30, 2024 | $1.23B | $0.00 | $5.20B | $30.39B | $14.11B | $16.82B | $3.91B | $4.05B | $954.00M | $1.74B | $900.00M | $330.00M |
Mar 31, 2024 | $1.00B | $0.00 | $4.77B | $29.39B | $13.45B | $16.27B | $3.94B | $3.75B | $945.00M | $1.69B | $1.00B | $316.00M |