Berkshire Hathaway Inc. (BRK.B)

Berkshire Hathaway Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Operating Activities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	77,084	66,968	88,995	96,223	-22,759	89,937
Depreciation & Amortization	14,242	13,476	12,855	12,486	10,899	10,718
Loss (Gain) From Sale of Investments	-56,002	-51,042	-64,148	-80,365	66,767	-77,576
Loss (Gain) on Equity Investments	10,681	10,681	-	-	-	-
Other Operating Activities	-3,556	3,531	-326	411	-2,313	-2,370
Change in Accounts Receivable	-3,484	-2,426	626	-1,949	-5,621	-5,864
Change in Inventory	-	-	-	-	-4,779	-1,862
Change in Unearned Revenue	362	432	376	1,854	1,861	2,306
Change in Income Taxes	4,187	1,000	-8,163	14,865	-12,872	15,330
Change in Other Net Operating Assets	1,592	3,349	377	5,671	6,167	8,808
Operating Cash Flow	45,106	45,969	30,592	49,196	37,350	39,427
Operating Cash Flow Growth	14.49%	50.27%	-37.82%	31.72%	-5.27%	-0.87%

Investing Activities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Capital Expenditures	-22,339	-20,927	-18,976	-19,409	-15,464	-13,276
Cash Acquisitions	-16,361	-1,074	-396	-8,604	-10,594	-456
Investment in Securities	-31,095	-23,643	9,280	-5,335	-61,782	42,354
Other Investing Activities	808	1,157	-195	685	239	770
Investing Cash Flow	-68,987	-44,487	-10,287	-32,663	-87,601	29,392

Financing Activities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Short-Term Debt Issued	-	878	-	2,407	-	-
Long-Term Debt Issued	-	9,172	13,186	7,817	12,695	6,920
Total Debt Issued	10,212	10,050	13,186	10,224	12,695	6,920
Short-Term Debt Repaid	-	-	-3,059	-	-596	-624
Long-Term Debt Repaid	-	-7,024	-11,947	-11,311	-3,928	-7,048
Total Debt Repaid	-7,734	-7,024	-15,006	-11,311	-4,524	-7,672
Net Debt Issued (Repaid)	2,478	3,026	-1,820	-1,087	8,171	-752
Repurchase of Common Stock	-13,757	-	-2,918	-9,171	-7,854	-27,061
Other Financing Activities	-347	-793	-5,622	-4,147	-1,979	-695
Financing Cash Flow	-11,626	2,233	-10,360	-14,405	-1,662	-28,508

Net Cash Flow

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Foreign Exchange Rate Adjustments	54	478	-212	116	-394	-1
Net Cash Flow	-35,453	4,193	9,733	2,244	-52,307	40,310

Free Cash Flow

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Free Cash Flow	22,767	25,042	11,616	29,787	21,886	26,151
Free Cash Flow Growth	17.80%	115.58%	-61.00%	36.10%	-16.31%	-2.28%
Free Cash Flow Margin	5.76%	6.74%	3.13%	8.17%	7.25%	9.47%
Free Cash Flow Per Share	-	11.61	5.39	13.71	9.93	11.54
Levered Free Cash Flow	56,932	36,800	78,305	68,106	-34,067	61,876
Unlevered Free Cash Flow	60,240	39,968	81,555	71,233	-31,347	64,484

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash Interest Paid	5,094	5,094	4,939	4,997	4,345	4,389
Cash Income Tax Paid	13,978	13,978	28,544	7,765	4,236	5,412
Change in Working Capital	2,657	2,355	-6,784	20,441	-15,244	18,718

SEC Filings: 10-K · 10-Q

Data Source: S&P Global Market Intelligence Last updated: Nov 7, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Nov 9, 2026

Data Sources Report a data error