Filing Flows › Berkshire Hathaway (BRK-B) › Q1 2026
Berkshire Hathaway (BRK-B) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 4, 2026
Berkshire Hathaway (BRK-B) reported revenue of $93.7B for the first quarter 2026 (Q1 2026), +4% from a year earlier and -0.6% from the quarter before. Operating margin was 14.7%, net earnings $10.2B (10.9% of revenue).
Berkshire Hathaway, Q1 2026: revenue $93.7B (+4% year over year), operating margin 14.7%, net earnings $10.2B, operating cash flow $10.4B. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $93.7B | -0.6% | +4% |
| Operating profit | $13.7B | +10% | +20% |
| Net earnings | $10.2B | -47% | +118% |
| Operating cash flow | $10.4B | -7% | -4% |
| Free cash flow | $5.5B | +9% | -18% |
What changed
Revenue was $93.7B in Q1 2026, up 4% year over year and down 1% from the previous quarter. Insurance Corporate and Other was the largest line at 28% of revenue. Manufacturing Businesses added $1.9B year over year (up 10%), 48% of the total change. Mc Lane Company declined 2%.
Operating profit was $13.7B, a 14.7% margin (up 1.9 points year over year). Of the extra revenue versus Q1 2025, 58% reached operating profit, above the 13% margin then. Total costs grew 2% against revenue growth of 4%. Net earnings were $10.1B, up 120% year over year. The effective tax rate was 17.4%.
Operating cash flow was $10.4B (down 4% year over year), 103% of net earnings. Non-cash charges added back $3.5B of depreciation and amortization. Working capital and other items used $3.3B. Capital expenditures of $5.0B left free cash flow of $5.5B.
Questions
What was Berkshire Hathaway's revenue in the first quarter 2026?
Berkshire Hathaway (BRK-B) reported revenue of $93.7B for the first quarter 2026 (Q1 2026), +4% from a year earlier and -0.6% from the quarter before.
Was Berkshire Hathaway profitable in the first quarter 2026?
Operating profit was $13.7B (14.7% of revenue) and net earnings $10.2B.
Source: Berkshire Hathaway 10-Q on SEC EDGAR.