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BERKSHIRE HATHAWAY INC FY 2025 10-K, explained in plain English

BRK-B · 10-K for the period ending December 31, 2025, filed March 2, 2026 · Read the original on SEC.gov →

Key financials — as reported

Total revenue$247.2B
Gross margin— not reported
Operating income— not reported
Net income$67.0B
Diluted EPS— not reported
Cash & equivalents— not reported
Total assets$1.22T
Long-term debt— not reported

Key takeaway

Berkshire's diverse conglomerate structure spans insurance, railroads, utilities, manufacturing, retailing and services, with 2025 revenue of $247.2 billion and net income of $67.0 billion.

🔒 4 more takeaways in the full analysis

Beneath the surface

The $9.6 billion equity-method investment loss (likely reflecting Kraft Heinz or similar associate write-downs) is a notable drag embedded in pre-tax income that isn't visible in the headline net income figure.

🔒 4 more insights a headline reader would miss

This is the free preview. The full analysis explains every line item above and includes 8 more findings — plus insider trades, activist stakes, and 8-K events for BRK-B.

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