Berkshire Hathaway (BRK-B) Revenue — Quarter Ended Mar 31, 2024
Revenue declined from the prior quarter but rose compared to the same quarter last year. The sequential decrease followed three consecutive quarters of higher revenue.
Key takeaway
Quarter ended Mar 31, 2024 · FY2024 Q1
Revenue declined from the prior quarter but rose compared to the same quarter last year. The sequential decrease followed three consecutive quarters of higher revenue.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$61.3B
Revenue reported for this quarter.
Quarter-over-quarter
-5.1%
Change from the immediately preceding quarter.
Year-over-year
+2.6%
Change from the comparable year-ago quarter.
Trailing four quarters
$256.5B
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, 2023 | $65.4B | +23.5% |
| Sep 30, 2023 | $65.2B | +22.3% |
| Dec 31, 2023 | $64.6B | +23.9% |
| Mar 31, 2024 | $61.3B | +2.6% |
Revenue performance
The reported revenue for the quarter was lower than the immediately preceding quarter, marking a reversal from the prior upward trend.
Quarterly comparison
Compared with the same quarter one year earlier, revenue was higher. However, it was lower than each of the three preceding quarters.
What to watch
The sequential decline in revenue warrants attention given the prior pattern of consecutive increases.