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Berkshire Hathaway BRK.A Underwriting — Total Costs & Expenses

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Other financials

Income statement

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Revenue$93.7B+4.4%
Net income$10.1B+120%
EPS (diluted)$4.68+120%

Balance sheet

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Total debt$6.3B+4.9%
Total equity$727.18B+11.1%
Total assets$1.25T+7.5%

Cash flow

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Operating cash flow$10.4B-4.3%
CapEx$5.0B+16.5%
Free cash flow$5.5B-17.7%

Valuation

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Market cap$1.06T-10.0%
P/E14.6×+0.1×
P/S2.8×-0.3×

Profitability

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Net margin19.3%-2.5pp
FCF margin6.4%

Returns & leverage

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Return on equity10.5%-2.7pp
Debt / equity0.0×

Where this comes from

Reported directly by Berkshire Hathaway in its filing.

Tagged under the XBRL concept us-gaap:CostsAndExpenses.

The official record: Berkshire Hathaway’s 10-Q, filed May 4, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Berkshire Hathaway's underwriting — total costs & expenses?
Berkshire Hathaway (BRK.A) reported underwriting — total costs & expenses of $19.74B in Q1 2026.
How has Berkshire Hathaway's underwriting — total costs & expenses changed year-over-year?
Berkshire Hathaway's underwriting — total costs & expenses decreased by 1.7% year-over-year, from $20.08B to $19.74B.
What is the long-term trend for Berkshire Hathaway's underwriting — total costs & expenses?
Over 3 years (2022 to 2025), Berkshire Hathaway's underwriting — total costs & expenses has grown at a 2.1% compound annual growth rate (CAGR), from $74.6B to $79.44B.
What does underwriting — total costs & expenses mean?
The total operating expenses incurred to manage and support the insurance business.
How do you interpret underwriting — total costs & expenses?
Lower costs relative to revenue indicate higher operational efficiency, while rising costs may signal inflationary pressures or increased administrative complexity.
How does underwriting — total costs & expenses compare across companies?
Comparable to 'Underwriting and Administrative Expenses' or 'Operating Expenses' for insurance firms.