Berkshire Hathaway Total Operating Expenses increased by 1.0% to $79.93B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 2.1%, from $78.27B to $79.93B. Over 3 years (FY 2021 to FY 2024), Total Operating Expenses shows an upward trend with a 9.0% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Rising expenses without a corresponding rise in revenue can indicate operational bloat or aggressive expansion efforts.
The sum of all costs required to run the business that are not directly tied to production, including R&D and SG&A. It r...
Investors compare this to revenue to assess the 'operating leverage' of a business model.
total_operating_expenses| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $60.93B | $63.40B | $63.59B | $62.40B | $64.97B | $68.03B | $71.23B | $76.09B | $80.64B | $80.65B | $83.76B | $76.53B | $79.63B | $81.22B | $78.32B | $78.27B | $79.38B | $79.14B | $79.93B |
| QoQ Change | — | +4.0% | +0.3% | -1.9% | +4.1% | +4.7% | +4.7% | +6.8% | +6.0% | +0.0% | +3.9% | -8.6% | +4.0% | +2.0% | -3.6% | -0.1% | +1.4% | -0.3% | +1.0% |
| YoY Change | — | — | — | — | +6.6% | +7.3% | +12.0% | +21.9% | +24.1% | +18.6% | +17.6% | +0.6% | -1.3% | +0.7% | -6.5% | +2.3% | -0.3% | -2.6% | +2.1% |
| Segment | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Berkshire Hathaway Insurance Group | $18.16B | $19.12B | $21.04B | $18.61B | $20.09B | $19.71B | $19.30B | $19.74B |
| Manufacturing Businesses | $15.62B | $16.71B | $16.54B | $16.47B | $16.05B | $16.72B | $16.46B | $17.61B |
| Mc Lane Company | $12.31B | $12.32B | $12.58B | $14.07B | $11.99B | $12.43B | $13.02B | $11.79B |
| Pilot Travel Centers LLC | $12.43B | $12.80B | $10.41B | $10.63B | $10.26B | $9.99B | $10.90B | $11.30B |
| Service And Retailing Businesses | $8.80B | $8.98B | $8.97B | $9.44B | $9.20B | $9.58B | $9.61B | $9.91B |
| Berkshire Hathaway Energy Company | $5.85B | $6.17B | $6.23B | $5.81B | $5.63B | $6.03B | $6.39B | $5.92B |
| Total | $76.53B | $79.63B | $81.22B | $78.32B | $78.27B | $79.38B | $79.14B | $79.93B |