Berkshire Hathaway (BRK-B) Revenue — Quarter Ended Mar 31, 2023
Revenue for the quarter increased compared to both the immediately preceding quarter and the same quarter one year earlier. The quarter's revenue was the highest among the recent four quarters.
Key takeaway
Quarter ended Mar 31, 2023 · FY2023 Q1
Revenue for the quarter increased compared to both the immediately preceding quarter and the same quarter one year earlier. The quarter's revenue was the highest among the recent four quarters.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$59.7B
Revenue reported for this quarter.
Quarter-over-quarter
+14.7%
Change from the immediately preceding quarter.
Year-over-year
+20.9%
Change from the comparable year-ago quarter.
Trailing four quarters
$218.1B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Jun 30, 2022 | $52.9B | +10.0% |
| Sep 30, 2022 | $53.3B | +8.8% |
| Dec 31, 2022 | $52.1B | +5.3% |
| Mar 31, 2023 | $59.7B | +20.9% |
Revenue performance
Revenue increased from the prior quarter and from the same quarter last year, reflecting a strong quarter overall.
Quarterly comparison
The year-over-year increase was larger than the sequential increase, highlighting a stronger performance relative to the same period a year earlier.
What to watch
The revenue rebound in the latest quarter reversed the decline seen in the prior quarter.