Berkshire Hathaway (BRK-B) Revenue — Quarter Ended Dec 31, 2023
Revenue for the quarter declined slightly compared to the prior quarter. However, revenue was significantly higher than the same quarter one year earlier.
Key takeaway
Quarter ended Dec 31, 2023 · FY2023 Q4
Revenue for the quarter declined slightly compared to the prior quarter. However, revenue was significantly higher than the same quarter one year earlier.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$64.6B
Revenue reported for this quarter.
Quarter-over-quarter
-0.9%
Change from the immediately preceding quarter.
Year-over-year
+23.9%
Change from the comparable year-ago quarter.
Trailing four quarters
$254.9B
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 |
|---|---|---|
| Mar 31, 2023 | $59.7B | +20.9% |
| Jun 30, 2023 | $65.4B | +23.5% |
| Sep 30, 2023 | $65.2B | +22.3% |
| Dec 31, 2023 | $64.6B | +23.9% |
Revenue performance
The reported revenue moved downward from the immediately preceding quarter, marking a reversal from the prior period's growth. The year-over-year comparison remained strongly positive, continuing the trend of elevated revenue relative to the prior year.
Quarterly comparison
Compared to the prior quarter, revenue decreased slightly. Compared to the same quarter one year ago, revenue increased substantially.
What to watch
The sequential decline in revenue after several quarters of growth may warrant attention in the next reporting period.