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Berkshire Hathaway BRK.B Investments — Total Costs & Expenses

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Other financials

Income statement

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Revenue$101.81B+10.0%
Net income$25.7B+107%
EPS (diluted)$11.91+108%

Balance sheet

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Total debt$6.3B+4.9%
Total equity$747.91B+12.0%
Total assets$1.26T+8.5%

Cash flow

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Operating cash flow$11.2B+11.2%
CapEx$5.6B+16.2%
Free cash flow$5.6B+6.6%

Valuation

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Market cap$1.13T+12.3%
P/E13.1×-2.8×
P/S2.9×+0.2×

Profitability

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Net margin22.3%+5.3pp
FCF margin6.3%

Returns & leverage

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Return on equity12.1%+2.2pp
Debt / equity0.0×

Where this comes from

Reported directly by Berkshire Hathaway in its filing.

Tagged under the XBRL concept us-gaap:CostsAndExpenses.

The source filing: Berkshire Hathaway’s 10-Q, filed August 10, 2026.

Filed
Aug 10, 2026, 6:01 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001193125-26-341032
InsuranceGEICOBH PrimaryBHRGTotal UnderwritingInvestment IncomeTotal
Premiums earned and investment income$11,291$4,673$6,511$22,475$3,701$26,176
Costs and expenses:
Losses and LAE8,6443,0112,61914,27414,274
Life, annuity and health benefits1,2331,2331,233
Other segment items1,6531,3891,7464,788164,804
Total costs and expenses10,2974,4005,59820,2951620,311
Earnings before income taxes$994$273$913$2,180$3,685$5,865

Item 1. Financial Statements

FAQ

What is Berkshire Hathaway's investments — total costs & expenses?
Berkshire Hathaway (BRK.B) reported investments — total costs & expenses of $16M in Q2 2026.
How has Berkshire Hathaway's investments — total costs & expenses changed year-over-year?
Berkshire Hathaway's investments — total costs & expenses decreased by 68.0% year-over-year, from $50M to $16M.
What is the long-term trend for Berkshire Hathaway's investments — total costs & expenses?
Over 2 years (2022 to 2024), Berkshire Hathaway's investments — total costs & expenses has grown at a 153.0% compound annual growth rate (CAGR), from $10M to $64M.
What does investments — total costs & expenses mean?
This metric represents the total operating costs and expenses directly attributable to managing the company's investment portfolio. It includes administrative fees, management costs, and any other outflows required to maintain the investment operations. Tracking this allows investors to assess the cost-efficiency of the firm's capital allocation and investment management activities.

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