BRK-B · 10-Q · 2026Q1 · Full report

Goodwill and Intangible Impairment

BERKSHIRE HATHAWAY INC · 2026-05-04 · Importance 65 · Surprise 60

Berkshire’s consolidated balance sheet at March 31, 2026 included goodwill of acquired businesses of $83.2 billion and indefinite-lived intangible assets of $19.0 billion. In the annual goodwill impairment review conducted in Q4 2025, the estimated fair values of four reporting units did not exceed carrying values by at least 20%; the estimated aggregate fair value was approximately $27.7 billion compared with an aggregate carrying value of approximately $26.2 billion. Goodwill related to those reporting units totaled approximately $9.2 billion and management concluded as of March 31, 2026 that goodwill and indefinite-lived intangible assets were more likely than not not impaired. Management cautions that adverse changes in market or business conditions could reasonably result in recognition of impairment losses in the future.

Key facts

• Our Consolidated Balance Sheet as of March 31, 2026 included goodwill of acquired businesses of $83.2 billion and indefinite-lived intangible assets of $19.0 billion. source
• In the annual goodwill impairment review, estimated fair values of four reporting units did not exceed carrying values by at least 20%; estimated aggregate fair value was approximately $27.7 billion which exceeded aggregate carrying value of approximately $26.2 billion; goodwill of these reporting units totaled approximately $9.2 billion. source
• As of March 31, 2026, Berkshire concluded that more likely than not, the goodwill and other indefinite-lived intangible assets recorded were not impaired. source