Berkshire Hathaway Inc (BRK-A) Q3 2025 10-Q Quarterly Report

Filed: Nov 3, 2025Period ending Sep 30, 2025
Financials
Fire, Marine & Casualty InsuranceSEC EDGAR

Berkshire Hathaway Inc (BRK-A) 10-Q quarterly report for Q3 2025, filed with SEC EDGAR on Nov 3, 2025 for the fiscal period ending Sep 30, 2025. This page provides AI-powered analysis including management discussion & analysis (MD&A), risk factor updates, and key quarterly financial data such as revenue and net income extracted from XBRL.

Berkshire Hathaway Inc Q3 2025 10-Q Analysis

Management Discussion & Analysis

  • Quarterly revenue and net earnings $102.5B and $30.8B Q3 2025 vs $97.6B and $26.3B Q3 2024; 17.3% net earnings increase YoY
  • Operating margin manufacturing 18.9% YTD (pre-tax $9.5B/$58.8B) vs 18.0% YTD 2024; BNSF pre-tax margin 35.8% Q3 2025 vs 34.9% Q3 2024
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Risk Factors

  • No new or updated risk factors disclosed this quarter versus 2024 10-K
  • Significant risks include market volatility affecting investment portfolios and insurance underwriting exposures
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Berkshire Hathaway Inc Q3 2025 Quarterly Financials
XBRL

Revenue

$63.7B

+2.7% YoY +3.8% QoQ

Net Income

$30.8B

+17.3% YoY +149.0% QoQ

Net Margin

48.3%

+600bp YoY +2817bp QoQ

ROE

4.4%

Total Assets

$1.23T

Operating Cash Flow

$13.8B

+664.8% YoY +36.7% QoQ

Source: XBRL data from Berkshire Hathaway Inc Q3 2025 10-Q filing on SEC EDGAR. All figures in USD.

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