Risk factors

Berkshire Hathaway (BRK-B) risk factors

Item 1A of every Berkshire Hathaway Inc. 10-K on file, and what changed from one year to the next.

  • FY2025 10-K risk factors

    13 risks, 5 reworded since the prior year. Berkshire updated key person risk to reflect Gregory E. Abel succeeding Warren E. Buffett as CEO on January 1, 2026. The company added disruptive innovations and intellectual property defense to its competition risk.

    Filed Mar 02, 2026
  • FY2024 10-K risk factors

    13 risks. Capital allocation heavily depends on 94-year-old CEO Warren Buffett.

    Filed Feb 24, 2025