{
  "ticker": "BRK.B",
  "company": "BRK.B",
  "filing_type": "10-K",
  "year_current": "2025",
  "year_prior": "2024",
  "summary": {
    "added": 0,
    "removed": 0,
    "modified": 1,
    "unchanged": 12,
    "total_current": 13,
    "total_prior": 13
  },
  "source": "SEC EDGAR",
  "url": "https://riskdiff.com/brk.b/2025-vs-2024/",
  "markdown_url": "https://riskdiff.com/brk.b/2025-vs-2024/index.md",
  "json_url": "https://riskdiff.com/brk.b/2025-vs-2024/index.json",
  "access": "public_preview",
  "source_filings": [
    {
      "label": "2025 10-K filing on SEC EDGAR",
      "url": "https://www.sec.gov/Archives/edgar/data/1067983/000095017025025210/0000950170-25-025210-index.htm"
    },
    {
      "label": "2024 10-K filing on SEC EDGAR",
      "url": "https://www.sec.gov/Archives/edgar/data/1067983/000095017024019719/0000950170-24-019719-index.htm"
    }
  ],
  "generated": "2026-09-28",
  "ai_summary": "One regulatory-risk discussion changed, while the other 12 risks remained unchanged; the topic concerns potential effects on future operating results.",
  "ai_brief": {
    "executive_summary": "One regulatory-risk discussion changed, while the other 12 risks remained unchanged; the topic concerns potential effects on future operating results.",
    "direction": "neutral",
    "top_themes": [
      "Regulatory & Legal"
    ]
  },
  "risks": [
    {
      "status": "MODIFIED",
      "current_title": "Regulatory changes may adversely impact our future operating results.",
      "prior_title": "Regulatory changes may adversely impact our future operating results.",
      "severity": {
        "deterministic": 5,
        "ai_bump": 0,
        "total": 5,
        "tier": "medium",
        "signal_hits": [
          "climate",
          "regulation",
          "privacy"
        ]
      },
      "similarity_score": 0.897,
      "confidence": "high",
      "key_changes": [
        "Reworded sentence: \"Over time, regulatory initiatives have been adopted in the United States and elsewhere for a variety of reasons, including as responses to financial markets crises, global economic recessions, and social and environmental issues.\""
      ],
      "current_body": "Over time, regulatory initiatives have been adopted in the United States and elsewhere for a variety of reasons, including as responses to financial markets crises, global economic recessions, and social and environmental issues. Such initiatives address, for example, the regulation of banks and other major financial institutions, the regulation of products and services and environmental and climate change matters and income tax policy. These initiatives impact all of our businesses, albeit in varying ways. Increased regulatory compliance costs could have a significant negative impact on our operating businesses, as well as on the businesses in which we have significant, but not controlling, economic interests. We cannot predict whether such initiatives will have a material adverse impact on our consolidated financial position, results of operations and/or cash flows. Data privacy regulations have recently been enacted in various jurisdictions in the U.S. and throughout the world. These regulations address numerous aspects related to the security of personal information that is stored in our information systems, networks and facilities. Failure to comply with these regulations could result in reputational damage and significant economic penalties. K-25 K-25 K-25",
      "prior_body": "Over time, in response to financial markets crises, global economic recessions, and social and environmental issues, regulatory initiatives were adopted in the United States and elsewhere. Such initiatives addressed, for example, the regulation of banks and other major financial institutions, the regulation of products and environmental and global-warming matters. These initiatives impact all of our businesses, albeit in varying ways. Increased regulatory compliance costs could have a significant negative impact on our operating businesses, as well as on the businesses in which we have significant, but not controlling, economic interests. We cannot predict whether such initiatives will have a material adverse impact on our consolidated financial position, results of operations and/or cash flows. Data privacy regulations have recently been enacted in various jurisdictions in the U.S. and throughout the world. These regulations address numerous aspects related to the security of personal information that is stored in our information systems, networks and facilities. Failure to comply with these regulations could result in reputational damage and significant economic penalties. K-26 K-26"
    }
  ],
  "full_url": "https://riskdiff.com/brk.b/2025-vs-2024/full/"
}