v3.26.1
Consolidated Statements of Earnings - USD ($)
$ in Millions
 3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Revenues:        
Leasing revenues $ 2,887 $ 2,509 $ 5,558 $ 4,940
Total revenues 101,808 92,515 195,483 182,240
Investment gains (losses) 16,077 6,364 14,472 (71)
Costs and expenses:        
Interest expense 1,335 1,253 2,636 2,510
Total costs and expenses 86,070 79,384 165,997 157,652
Earnings before income taxes and equity method earnings 31,815 19,495 43,958 24,517
Equity method earnings (losses) 248 (4,745) 424 (4,619)
Earnings before income taxes 32,063 14,750 44,382 19,898
Income tax expense 6,291 2,293 8,431 2,769
Net earnings 25,772 12,457 35,951 17,129
Earnings attributable to noncontrolling interests 105 87 178 156
Net earnings attributable to Berkshire shareholders $ 25,667 $ 12,370 $ 35,773 $ 16,973
Equivalent Class A [Member]        
Earnings per share:        
Net earnings per average equivalent $ 17,868 $ 8,601 $ 24,889 $ 11,801
Average equivalent shares outstanding 1,436,443 1,438,223 1,437,279 1,438,223
Equivalent Class B [Member]        
Earnings per share:        
Net earnings per average equivalent [1] $ 11.91 $ 5.73 $ 16.59 $ 7.87
Average equivalent shares outstanding 2,154,664,073 2,157,335,139 2,155,918,015 2,157,335,139
Insurance and Other [Member]        
Revenues:        
Insurance premiums earned $ 22,475 $ 22,195 $ 44,480 $ 43,999
Sales and service revenues 57,282 49,658 108,228 97,473
Leasing revenues 2,887 2,509 5,558 4,940
Interest, dividend and other investment income 5,857 6,002 11,287 11,634
Total revenues 88,501 80,364 169,553 158,046
Costs and expenses:        
Insurance losses and loss adjustment expenses 14,274 14,073 28,478 28,719
Life, annuity and health insurance benefits 1,233 1,132 2,252 2,200
Insurance underwriting expenses 4,788 4,456 9,305 8,824
Cost of sales and services 45,947 39,616 87,154 78,167
Cost of leasing 2,141 1,887 4,168 3,774
Selling, general and administrative expenses 6,724 7,931 13,280 15,612
Interest expense 315 318 639 658
Total costs and expenses 75,422 69,413 145,276 137,954
Railroad, Utilities and Energy [Member]        
Revenues:        
Railroad transportation revenues 6,553 5,718 12,493 11,389
Utility and energy operating revenues 5,408 5,118 11,215 10,612
Service revenues and other income 1,346 1,315 2,222 2,193
Total revenues 13,307 12,151 25,930 24,194
Costs and expenses:        
Freight rail transportation expenses 4,308 3,729 8,231 7,602
Utilities and energy cost of sales and other expenses 4,134 4,156 8,451 8,247
Other expenses 1,186 1,151 2,042 1,997
Interest expense 1,020 935 1,997 1,852
Total costs and expenses $ 10,648 $ 9,971 $ 20,721 $ 19,698
[1] Net earnings per average equivalent Class B share outstanding is equal to one-fifteen-hundredth of the equivalent Class A amount. See Note 18.