← Research LibraryThe BriefFY2025 10-K · headline figures audited against SEC data
Berkshire's GAAP profit fell, but free cash flow recovered and equity kept compounding.
The read at a glance✓ Audited against SEC data
- Growth — -1.0% revenue to $247.24BNote
- Profitability — Net income -24.8% to $66.97BWatch
- Cash quality — Free cash flow +115.6% to $25.04BOK
- Capital intensity — Operating cash flow +50.3%; capex +10.3%Note
- Balance sheet — Total equity +10.5%OK
- Insiders — 4 open-market buys / 16 sellsNote
Business
Berkshire Hathaway is a decentralized holding company. Its major engines are insurance and reinsurance, BNSF rail, Berkshire Hathaway Energy, and a wide set of manufacturing, service, retailing, and distribution businesses, with capital allocation made centrally.
Where the revenue comes from
Fiscal 2025, as BERKSHIRE HATHAWAY INC reports it. History and quarterly detail are in the app.
- Insurance And Other$321.7B
- Underwriting$88.9B
- Property Liability And Casualty Insurance$83.6B
- Other Retail And Wholesale Distribution$60.6B
- Railroad Utilities And Energy$49.7B
Leadership changes
From BERKSHIRE HATHAWAY INC's own filings, the day they're filed.
- Charles C. Chang · President · appointmenteff. 2027-06-01
- Greg Abel · Chief Executive Officer · appointmenteff. 2025-05-04
Latest filings
- 8-K · Company announcement2026-08-11
- 10-Q · Quarterly report2026-08-10
- 8-K · Company announcement2026-05-07
- 10-Q · Quarterly report2026-05-04
- 8-K · Company announcement2026-04-16
In the full recordFree for 14 days
- What changed🔒
- Insider signal🔒
- Growth quality🔒
- Margins & accounting🔒
- Capital allocation🔒
- Real risks🔒
- The long arc🔒
- Company history🔒
- The filings, readable — with what changed vs the prior year highlighted🔒
- Full financial statements, industry-aware, sources cited throughout🔒
- Forensic score history & components — the trend, not one year🔒
- Ownership: insider buys/sells, clusters, activist stakes🔒
- Ana — ask about BERKSHIRE HATHAWAY INC, every answer cited to the official filings🔒
Every figure comes from the company's filings, and analysis whose figures don't match SEC data is rejected before publication.
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