# Who are Berkshire Hathaway's customers? Who does Berkshire Hathaway earn revenue from?
Canonical: https://valuechain.wiki/berkshire-hathaway · Facet: customers · Updated: 2026-10-11T16:14:57.796+00:00 · Source: ValueChain.wiki (cited money-flow graph)

**Citable summary**: Berkshire Hathaway discloses no named confirmed revenue counterparties; 2 relationships are tracked as undisclosed/aggregate. Per the valuechain.wiki graph: 2 revenue edges, backed by 2 dated sources, 1 of them primary filings (as of 2026-10-11).

### 보험·철도·유틸리티·제조 사업군 (high)
- metric: Revenue 371.44$B · FY2025 · total revenues
- note: Consolidated revenue from insurance (float), BNSF, BHE and manufacturing/service/retail: FY2025 $371.44B.
- [confirms] SEC EDGAR (EN, filing, published 2026-03-02) https://www.sec.gov/Archives/edgar/data/1067983/000119312526083899/brka-20251231.htm: "Total revenues $371.44B (FY2025)."

### 단기 미국채 이자수익 (T-bill) (mid)
- metric:  397.4$B · cash + short-term Treasuries
- note: Interest income on its $397.4B cash and short-term Treasuries (record, 2026-03-31), earned at T-bill yields. The clearest evidence that this capital earns on the rate clock, not the AI clock.
- [confirms] SEC EDGAR (EN, filing, published 2026-03-02) https://www.sec.gov/Archives/edgar/data/1067983/000119312526083899/brka-20251231.htm: "Cash and short-term Treasury holdings grew to a record."
- [confirms] Munhwa Ilbo (KO, news, published 2025-11-02) https://www.munhwa.com/article/11543778: "Berkshire raised its cash to a record $381.7B in Q3, investing the proceeds heavily in short-term US Treasuries."

Reverse side: https://valuechain.wiki/berkshire-hathaway/suppliers.md · Ripple: https://valuechain.wiki/berkshire-hathaway/ripple.md

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