Berkshire Hathaway (BRK-B) Revenue — Quarter Ended Sep 30, 2023
Revenue for the quarter was essentially flat compared to the prior quarter, but showed a strong increase versus the same quarter last year. The year-over-year growth continued a trend of elevated revenue levels seen throughout the fiscal year.
Key takeaway
Quarter ended Sep 30, 2023 · FY2023 Q3
Revenue for the quarter was essentially flat compared to the prior quarter, but showed a strong increase versus the same quarter last year. The year-over-year growth continued a trend of elevated revenue levels seen throughout the fiscal year.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$65.2B
Revenue reported for this quarter.
Quarter-over-quarter
-0.3%
Change from the immediately preceding quarter.
Year-over-year
+22.3%
Change from the comparable year-ago quarter.
Trailing four quarters
$242.4B
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 |
|---|---|---|
| Dec 31, 2022 | $52.1B | +5.3% |
| Mar 31, 2023 | $59.7B | +20.9% |
| Jun 30, 2023 | $65.4B | +23.5% |
| Sep 30, 2023 | $65.2B | +22.3% |
Revenue performance
Reported revenue declined slightly from the immediately preceding quarter, marking a modest sequential pullback after several quarters of growth. The year-over-year comparison remained positive, with revenue significantly higher than the same period one year earlier.
Quarterly comparison
Compared to the prior quarter, revenue decreased marginally, while compared to the same quarter one year ago, revenue increased substantially. The trailing twelve-month revenue continued to reflect the elevated pace set earlier in the year.
What to watch
The slight sequential decline in revenue may warrant attention to see if it signals a change in the recent growth trajectory.