Berkshire Hathaway (BRK-B) Revenue — Quarter Ended Sep 30, 2024
Revenue for the quarter declined compared to both the prior quarter and the same quarter last year. The decrease reflects a continuation of the downward trend observed in the most recent periods.
Key takeaway
Quarter ended Sep 30, 2024 · FY2024 Q3
Revenue for the quarter declined compared to both the prior quarter and the same quarter last year. The decrease reflects a continuation of the downward trend observed in the most recent periods.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$62B
Revenue reported for this quarter.
Quarter-over-quarter
-2.3%
Change from the immediately preceding quarter.
Year-over-year
-4.8%
Change from the comparable year-ago quarter.
Trailing four quarters
$251.4B
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, 2023 | $64.6B | +23.9% |
| Mar 31, 2024 | $61.3B | +2.6% |
| Jun 30, 2024 | $63.5B | -2.9% |
| Sep 30, 2024 | $62B | -4.8% |
Revenue performance
Reported revenue moved lower from the immediately preceding quarter. The year-over-year comparison also showed a decline.
Quarterly comparison
Revenue was down from the prior quarter and from the same quarter one year earlier. The sequential decline follows a mixed pattern in earlier quarters of the fiscal year.
What to watch
The revenue trend has turned negative for two consecutive quarters after a positive start to the fiscal year.