Berkshire Hathaway (BRK-B) revenue breakdown
By segment, Insurance Group is the largest at 28% of fiscal 2025 revenue; Service and Retailing grew fastest, 5% a year over 9 years.
By product, Other Retail and Wholesale Distribution is the largest at 25% of fiscal 2025 revenue, growing 23% a year over 7 years.
Revenue by segment
Fiscal years, as Berkshire Hathaway reports them in its 10-K filings; fiscal 2025 total $368.4B.
| Segments | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Share |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Insurance Group | — | — | — | — | — | — | — | — | — | $104.2B | 28% |
| Manufacturing Businesses | $53.0B | $57.6B | $61.8B | $62.7B | $59.0B | $68.6B | $75.7B | $75.3B | $77.1B | $78.5B | 21% |
| McLane | $48.1B | $49.8B | $50.0B | $50.5B | $46.8B | $49.5B | $53.2B | $51.8B | $51.1B | $51.0B | 14% |
| Service and Retailing | $26.4B | $27.2B | $28.8B | $29.5B | $28.1B | $34.7B | $38.2B | $39.9B | $39.8B | $42.6B | 12% |
| Pilot Travel Centers LLC | — | — | — | — | — | — | — | $51.7B | $46.9B | $42.2B | 11% |
| Berkshire Hathaway Energy ("BHE") | $17.8B | $18.9B | $20.0B | $20.1B | $21.1B | $25.1B | $26.3B | $26.0B | $26.3B | $26.3B | 7% |
| BNSF | $19.8B | $21.4B | $23.7B | $23.5B | $20.8B | $23.2B | $25.8B | $23.8B | $23.5B | $23.5B | 6% |
| Insurance, Corporate and Other | — | — | $63.6B | — | $69.8B | $75.2B | $82.8B | $96.1B | $106.8B | — | — |
| Insurance Group | — | — | — | $67.7B | — | — | — | — | — | — | — |
| Insurance Group | — | $65.5B | — | — | — | — | — | — | — | — | — |
| Insurance Corporate And Other | $50.4B | — | — | — | — | — | — | — | — | — | — |
Revenue by product
Fiscal years, as Berkshire Hathaway reports them in its 10-K filings; fiscal 2025 total $247.2B.
| Products | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Share |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Other Retail and Wholesale Distribution | — | — | $14.2B | $14.5B | $14.9B | $18.9B | $20.1B | $70.8B | $64.9B | $60.6B | 25% |
| Service | — | — | $33.3B | $33.6B | $30.7B | $35.1B | $37.4B | $36.1B | $35.9B | $36.9B | 15% |
| Grocery and Convenience Store Distribution | — | — | $33.5B | $33.1B | $30.8B | $31.2B | $32.6B | $31.5B | $31.8B | $30.7B | 12% |
| Industrial and Commercial | — | — | $25.9B | $25.5B | $21.0B | $22.3B | $24.8B | $28.3B | $29.1B | $30.3B | 12% |
| Electricity and Natural Gas | — | — | — | — | — | — | $20.3B | $20.6B | $21.0B | $21.3B | 9% |
| Building | — | — | $14.3B | $15.6B | $15.9B | $19.6B | $22.8B | $20.1B | $19.9B | $19.6B | 8% |
| Food and Beverage Distribution | — | — | $16.3B | $16.8B | $15.4B | $17.3B | $19.4B | $19.0B | $18.1B | $18.6B | 8% |
| Consumer products | — | — | $14.8B | $14.1B | $14.8B | $18.5B | $19.9B | $17.7B | $18.2B | $17.9B | 7% |
| Auto Sales | — | — | $8.2B | $8.5B | $8.3B | $10.0B | $10.5B | $10.7B | $10.8B | $11.3B | 5% |
| Insurance and Other | — | $199.9B | — | — | — | — | — | — | — | — | — |
| Insurance and Other | $177.7B | — | — | — | — | — | — | — | — | — | — |
| Railroad, Utilities and Energy | — | $40.0B | — | — | — | — | — | — | — | — | — |
| Railroad, Utilities and Energy | $37.4B | — | — | — | — | — | — | — | — | — | — |
| Electricity, Natural Gas and Fuel | — | — | $15.0B | $14.8B | $15.1B | $18.3B | — | — | — | — | — |
Questions
Where does Berkshire Hathaway make its money?
In fiscal 2025, by segment: Insurance Group $104.2B, Manufacturing Businesses $78.5B, McLane $51.0B, Service and Retailing $42.6B, Pilot Travel Centers LLC $42.2B.
From Berkshire Hathaway's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.