Investing
CapEx
Berkshire Hathaway CapEx increased by 15.0% to $5.59B in Q3 2025 compared to the prior quarter. Year-over-year, this metric grew by 18.8%, from $4.70B to $5.59B. Over 3 years (FY 2021 to FY 2024), CapEx shows an upward trend with a 12.6% CAGR.
Analysis
StatementCash Flow Statement
SectionInvesting
CategoryGrowth
SignalContext dependent
VolatilityModerate
First reportedQ4 2013
Last reportedQ4 2025
How to read this metric
An increase signals growth investment or infrastructure modernization; a decrease might suggest cost-cutting or a transition to an asset-light model.
Detailed definition
Funds used by a company to acquire, upgrade, and maintain physical assets such as property, plants, buildings, technolog...
Peer comparison
Hardware-focused tech firms typically have higher CapEx relative to revenue than pure software companies due to manufacturing and supply chain needs.
Metric ID:
cf_capital_expendituresHistorical Data
18 periods
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $3.14B | $3.58B | $4.03B | $3.09B | $3.74B | $4.07B | $4.56B | $3.71B | $4.69B | $5.30B | $5.71B | $4.39B | $4.54B | $4.70B | $5.35B | $4.28B | $4.86B | $5.59B |
| QoQ Change | — | +13.9% | +12.6% | -23.4% | +21.1% | +8.8% | +11.9% | -18.5% | +26.2% | +13.2% | +7.6% | -23.0% | +3.2% | +3.7% | +13.7% | -19.9% | +13.5% | +15.0% |
| YoY Change | — | — | — | — | +19.1% | +13.8% | +13.0% | +20.2% | +25.2% | +30.2% | +25.3% | +18.3% | -3.2% | -11.4% | -6.3% | -2.5% | +7.1% | +18.8% |
Range$3.09B – $5.71B
CAGR+14.5%
Avg YoY Growth+12.0%
Median YoY Growth+16.0%
Current Streak2 quarters growth
CapEx at Other Companies
Frequently Asked Questions
- What is Berkshire Hathaway's capex?
- Berkshire Hathaway (BRK.B) reported capex of $5.59B in Q3 2025.
- How has Berkshire Hathaway's capex changed year-over-year?
- Berkshire Hathaway's capex increased by 18.8% year-over-year, from $4.70B to $5.59B.
- What is the long-term trend for Berkshire Hathaway's capex?
- Over 3 years (2021 to 2024), Berkshire Hathaway's capex has grown at a 12.6% compound annual growth rate (CAGR), from $13.28B to $18.98B.
- What does capex mean?
- The money spent on long-term physical assets like machinery, data centers, and office buildings.