BRK-B · 10-Q · 2026Q2 · Full report

Service Revenue and Earnings

BERKSHIRE HATHAWAY INC · 2026-08-10 · Importance 35 · Surprise 48

Service group revenues increased 21.1% in the second quarter and 19.1% in the first six months of 2026, driven by TTI, aviation services and IPS. TTI’s first-half revenue increased 26.5%, reflecting accelerating customer demand, favorable foreign currency translation and inventory cost-based price increases. Customers increased orders partly in response to potential further price increases and supply-chain concerns, including extended inventory order lead times. Aviation-services growth reflected more aircraft in shared-ownership programs, higher in-flight and training hours, and higher average prices, while IPS benefited primarily from life-sciences construction and other construction consulting services.

Key facts

• Service group pre-tax earnings increased $150 million (20.6%) in the second quarter and $287 million (20.8%) in the first six months of 2026 compared to 2025, primarily attributable to TTI and aviation services. source
• Service group pre-tax earnings as a percentage of revenues rose 0.2 percentage points in the first six months of 2026 compared to 2025. source