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Income Statement(in millions of USD, except per-share data)

Source: Akyla.ai

Line Item	Mar 31, 2026	Dec 31, 2025	Sep 30, 2025	Jun 30, 2025	Mar 31, 2025	Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022
Insurance and Other:
Insurance premiums earned
Sales and service revenues
Leasing revenues
Interest, dividend and other investment income
Railroad, Utilities and Energy:
Railroad transportation revenues		—	—	—
Utility and energy operating revenues
Service revenues and other income
Total revenues
YoY growth	+4.4%	-0.7%	+2.1%	-1.2%
Investment gains (losses)
Insurance and Other:
Insurance losses and loss adjustment expenses
Life, annuity and health insurance benefits
Insurance underwriting expenses
Cost of sales and services
Cost of leasing
Selling, general and administrative expenses
Interest expense
Railroad, Utilities and Energy:
Freight rail transportation expenses
Utilities and energy cost of sales and other expenses
Other expenses
Interest expense
Total costs and expenses
% of revenue	85.3%	86.7%	83.3%	85.8%
Earnings before income taxes and equity method earnings
Equity method earnings (losses)
Earnings before income taxes
Income tax expense
Net earnings
% of revenue	10.9%	20.4%	32.5%	13.5%
Earnings attributable to noncontrolling interests
Net earnings attributable to Berkshire shareholders
% of revenue	10.8%	20.4%	32.4%	13.4%
Net earnings per average equivalent Class A share
Net earnings per average equivalent Class B share*
Average equivalent Class A shares outstanding
Average equivalent Class B shares outstanding