BRK-B · 10-Q · 2026Q3 · Full report

Service Revenue and Earnings

BERKSHIRE HATHAWAY INC · 2026-11-09 · Importance 41 · Surprise 48 · Matches filing data

Service group revenues increased 23.3% in the third quarter and 20.6% in the first nine months of 2026, driven by TTI, aviation services and IPS. TTI revenue rose 30.0% year to date, aviation services revenue increased 15.7%, and IPS revenue increased 19.2%. TTI cited continuing high customer demand, while aviation services benefited from more aircraft in shared ownership programs, increased flight and training hours, and higher average prices. IPS growth was primarily attributable to life sciences and data center construction and other construction consulting services.

Key facts

• Service group revenues increased $1.3 billion (23.3%) in Q3 2026 and $3.5 billion (20.6%) in the first nine months of 2026 versus 2025, driven by TTI, aviation services and IPS. source
• Service group pre-tax earnings increased $166 million (24.5%) in Q3 2026 and $453 million (22.0%) in the first nine months of 2026 versus 2025. source
• First-nine-month 2026 revenues increased 30.0% at TTI, 15.7% at aviation services and 19.2% at IPS. source
• Service group pre-tax earnings as a percentage of revenues rose 0.2 percentage points in the first nine months of 2026 versus 2025. source
• Aviation services revenue increased primarily because of more aircraft in shared ownership programs, more in-flight and training hours, and higher average prices; IPS revenue increased primarily from life sciences and data center construction and other construction consulting. source

Impact estimates