WRB · XBRL financial data

Berkley W R financial statements, every quarter

The same tables from 12 filings, lined up. Matched by XBRL tag: renamed lines keep their history.

How these numbers work

Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
* marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
0 means a filing states zero; a dash (—) means no filing states that number.
“year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
Shares outstanding come from each filing's cover page, as of the date printed there.
Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.

Income statement

Fiscal quarters (WRB's year ends in late December)

In millions of dollars	Q4 FY23Dec 31, 2023	Q1 FY24Mar 31, 2024	Q2 FY24Jun 30, 2024	Q3 FY24Sep 30, 2024	Q4 FY24Dec 31, 2024	Q1 FY25Mar 31, 2025	Q2 FY25Jun 30, 2025	Q3 FY25Sep 30, 2025	Q4 FY25Dec 31, 2025	Q1 FY26Mar 31, 2026	Q2 FY26Jun 30, 2026	Q3 FY26Sep 30, 2026
Revenue	3,221*	3,257	3,314	3,400	3,668*	3,547	3,671	3,768	3,721*	3,690	3,716	3,739
Interest expense	32*	32	32	32	32*	32	32	32	32*	32	32	32
Income tax expense (benefit)	102*	132	116	109	153*	121	121	136	117*	101	123	126
Net income (loss)	397*	442	372	366	576*	418	401	511	450*	515	452	446
Earnings per share, basic USD per share	—	1.65	0.93	0.92	—	1.05	1.01	1.29	1.13*	1.31	1.16	1.15
Earnings per share, diluted USD per share	—	1.64	0.92	0.91	—	1.04	1.00	1.28	1.13*	1.31	1.15	1.14
Weighted average shares, basic millions of shares	—	268	400	398	—	397	397	397	397*	392	389	389
Weighted average shares, diluted millions of shares	—	271	404	402	—	400	400	400	399*	395	392	391

Fiscal quarters (WRB's year ends in late December)

In millions of dollars	Q4 FY23Dec 31, 2023	Q1 FY24Mar 31, 2024	Q2 FY24Jun 30, 2024	Q3 FY24Sep 30, 2024	Q4 FY24Dec 31, 2024	Q1 FY25Mar 31, 2025	Q2 FY25Jun 30, 2025	Q3 FY25Sep 30, 2025	Q4 FY25Dec 31, 2025	Q1 FY26Mar 31, 2026	Q2 FY26Jun 30, 2026	Q3 FY26Sep 30, 2026
Cash and cash equivalents	1,363	1,169	1,580	1,573	1,975	1,720	1,985	2,404	2,540	2,281	2,607	2,113
Property and equipment, net	427	467	477	478	479	482	490	493	596	567	567	563
Right-of-use asset	176	192	190	184	180	185	211	208	221	216	222	219
Goodwill	175	175	184	184	184	184	184	184	184	184	184	184
Total assets	37,202	37,851	38,910	40,359	40,567	41,346	42,658	43,715	44,071	44,316	45,677	45,676
Total liabilities	29,733	30,053	31,123	31,920	32,160	32,419	33,353	33,910	34,359	34,565	35,834	36,055
Retained earnings	11,041	11,455	11,670	11,909	12,265	12,652	12,830	13,307	13,344	13,826	14,055	14,464
Total stockholders' equity	7,455	7,785	7,774	8,426	8,395	8,914	9,295	9,799	9,701	9,740	9,833	9,610
Total liabilities and equity	37,202	37,851	38,910	40,359	40,567	41,346	42,658	43,715	44,071	44,316	45,677	45,676
Common shares outstanding (cover page) millions of shares	257	256	381	381	379	379	379	380	374	372	371	372

Fiscal quarters (WRB's year ends in late December)

In millions of dollars	Q4 FY23Dec 31, 2023	Q1 FY24Mar 31, 2024	Q2 FY24Jun 30, 2024	Q3 FY24Sep 30, 2024	Q4 FY24Dec 31, 2024	Q1 FY25Mar 31, 2025	Q2 FY25Jun 30, 2025	Q3 FY25Sep 30, 2025	Q4 FY25Dec 31, 2025	Q1 FY26Mar 31, 2026	Q2 FY26Jun 30, 2026	Q3 FY26Sep 30, 2026
Net income (loss)	397*	442	372	366	576*	418	401	511	450*	515	452	446
Stock-based compensation	13*	13	14*	13*	14*	12	15*	13*	14*	13	16*	20*
Net cash from operating activities	698*	746	881*	1,241*	810*	744	704*	1,140*	995*	668	800*	731*
Net cash from investing activities	(565)*	(905)	(87)*	(1,105)*	(87)*	(924)	(234)*	(628)*	(243)*	(589)	(361)*	(912)*
Share repurchases	107*	0	224*	12*	67*	49	0*	25*	196*	302	111*	21*
Dividends paid	315*	28	158*	126*	220*	30	224*	34*	412*	34	0*	260*
Proceeds from long-term debt	year only	—	—	—	year only	—	—	—	year only	—	—	—
Repayments of long-term debt	year only	—	—	—	—	—	—	—	—	—	—	—
Net cash from financing activities	(424)*	(30)	(378)*	(154)*	(291)*	(81)	(232)*	(95)*	(618)*	(339)	(128)*	(306)*
Net change in cash	(283)*	(194)	411*	(7)*	402*	(255)	264*	419*	136*	(259)	326*	(493)*

SIC 6331 and related industry codes, similar size. Each row is the latest quarter reported.

How peers are chosen

SIC 6331 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
* marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.

Company	Cash ($M)	Revenue, quarter ($M)	Operating cash flow, quarter ($M)	Shares outstanding	Quarter
Berkley W R	2,113	3,739	731*	371.5M	Q3 FY26 10-QSep 30, 2026
Cincinnati Financial	1,239	3,047	791*	153.5M	Q3 FY26 10-QSep 30, 2026
Markel Group	3,602	4,158	946*	12.2M	Q3 FY26 10-QSep 30, 2026
Loews	505	843	954*	202.2M	Q3 FY26 10-QSep 30, 2026
Arch Capital Group	1,109	4,668	1,322*	341.2M	Q2 FY26 10-QJun 30, 2026
Everest Group	987	3,713	667*	37.0M	Q3 FY26 10-QSep 30, 2026
Hartford Insurance Group	123	111	2,951*	267.4M	Q3 FY26 10-QSep 30, 2026
Renaissancere Holdings	1,098	1,691	795*	40.4M	Q3 FY26 10-QSep 30, 2026
American International Group	1,565	7,085	1,716*	522.9M	Q2 FY26 10-QJun 30, 2026

Not investment advice. Not affiliated with the U.S. SEC.