What was the revenue of Berkshire Hathaway in the fiscal year 2023?

Berkshire Hathaway’s revenue in fiscal year 2023 was approximately $364.5 billion. The company’s reported figure was $364.482 billion, which rounds to the stored answer.

That total represents revenue across a remarkably broad collection of operating businesses, rather than investment gains from Berkshire’s stock portfolio. Major contributors include insurance activities, BNSF Railway, Berkshire Hathaway Energy, manufacturing, service companies, and retail operations. Berkshire reports its financial year on a calendar-year basis, so fiscal 2023 ended on December 31, 2023.

Readers sometimes confuse revenue with net earnings or shareholder-return figures. Berkshire reported about $96.2 billion in net earnings for 2023, a much smaller and conceptually different number. Revenue is the inflow generated by selling goods and services, while net earnings reflect what remains after expenses and other accounting items. Berkshire’s revenue also rose sharply from about $302.1 billion in 2022, although year-to-year comparisons can be affected by insurance results, commodity prices, acquisitions, and reporting changes across its operating businesses.