BRK-B · 10-Q · 2026Q3 · Full report

Manufacturing Revenue and Earnings Growth

BERKSHIRE HATHAWAY INC · 2026-11-09 · Importance 48 · Surprise 22

Manufacturing, service and retailing revenue increased 17.8% to $64.452 billion in Q3 2026 and 13.3% to $180.796 billion in the first nine months; net earnings rose 11.8% and 14.0%, respectively. Manufacturing revenue grew 19.7% in Q3 and 14.4% year to date, while manufacturing pre-tax earnings increased 7.7% and 15.6%. Industrial products revenue increased 26.6% to $35.546 billion year to date, and pre-tax earnings rose 30.1%, with contributions from acquisitions and existing businesses. Building products revenue rose 6.1% year to date, but pre-tax earnings declined 1.5%; consumer products revenue fell 2.4% year to date and pre-tax earnings declined 6.0%.

Key facts

• Berkshire Hathaway’s industrial products group revenue increased $2.7 billion (28.8%) in the third quarter and $7.5 billion (26.6%) in the first nine months of 2026; the increases primarily reflected acquisitions and growth at existing businesses. source
• Berkshire Hathaway’s industrial products group pre-tax earnings increased $486 million (26.3%) in the third quarter and $1.6 billion (30.1%) in the first nine months of 2026. source
• Other building products pre-tax earnings declined $75 million (12.3%) in Q3 2026 and $27 million (1.7%) in the first nine months of 2026 versus 2025. source
• Berkshire Hathaway’s manufacturing, service and retailing net earnings increased 11.8% in the third quarter and 14.0% in the first nine months of 2026 compared with 2025, driven by earnings increases in industrial products and service businesses. source