Berkshire Hathaway Inc. vs Dell Technologies Inc.: Strategic Comparison
Key Differences at a Glance
| Field | Berkshire Hathaway Inc. | Dell Technologies Inc. |
|---|---|---|
| Revenue | $371.4B | $113.5B |
| Founded | 1839 | 1984 |
| Employees | 387,800 | 97,000 |
| Market Cap | $1.05T | $45.0B |
| Headquarters | United States | United States |
Quick Stats Comparison
| Metric | Berkshire Hathaway Inc. | Dell Technologies Inc. |
|---|---|---|
| Revenue | $371.4B | $113.5B |
| Founded | 1839 | 1984 |
| Headquarters | Omaha, Nebraska | Round Rock, Texas |
| Market Cap | $1.05T | $45.0B |
| Employees | 387,800 | 97,000 |
Berkshire Hathaway Inc. Revenue vs Dell Technologies Inc. Revenue — Year by Year
| Year | Berkshire Hathaway Inc. | Dell Technologies Inc. | Leader |
|---|---|---|---|
| 2026 | N/A | $113.5B | Dell Technologies Inc. |
| 2025 | $371.4B | $95.6B | Berkshire Hathaway Inc. |
| 2024 | $371.4B | $88.4B | Berkshire Hathaway Inc. |
| 2023 | $364.5B | $102.3B | Berkshire Hathaway Inc. |
Business Model Breakdown
Overview: Berkshire Hathaway Inc. vs Dell Technologies Inc.
This in-depth comparison examines Berkshire Hathaway Inc. and Dell Technologies Inc. across revenue, market value, business model, competitive positioning, and long-term growth strategy. Whether you are researching Berkshire Hathaway Inc. on its own, evaluating Dell Technologies Inc., or weighing the two companies side by side, the breakdown below highlights where each company leads and where the gap between Berkshire Hathaway Inc. and Dell Technologies Inc. is widest.
On the headline numbers, Berkshire Hathaway Inc. reports annual revenue of $371.4B against $113.5B for Dell Technologies Inc., while their respective market capitalizations stand at $1.05T and $45.0B. Berkshire Hathaway Inc. is headquartered in United States and Dell Technologies Inc. operates from United States, and those different home markets shape how each company competes.
Berkshire Hathaway Inc.: Berkshire began as a textile company and became a holding company after Warren Buffett gained control in 1965. The modern company is a collection of operating businesses and investments bound by decentralized management, conservative financing, and a long-term shareholder culture.
Dell Technologies Inc.: Dell's modern identity is a mix of large-scale PC supplier and enterprise infrastructure company. The VMware spin-off simplified the story, while AI infrastructure demand increased the importance of servers.
Business Models: How Berkshire Hathaway Inc. and Dell Technologies Inc. Make Money
Berkshire Hathaway Inc. and Dell Technologies Inc. pursue distinct approaches to generating revenue, and understanding how each company operates is the foundation of any fair comparison between Berkshire Hathaway Inc. and Dell Technologies Inc..
Berkshire Hathaway Inc. business model: Berkshire makes money through insurance underwriting and float investment, freight rail, regulated utilities and energy infrastructure, industrial manufacturing, wholesale distribution, retail, services, and a large portfolio of equity and fixed-income investments.
Dell Technologies Inc. business model: Dell makes money by selling PCs, workstations, servers, storage, networking, peripherals, support, financing, and services through direct and channel routes.
Competitive Advantage: Berkshire Hathaway Inc. vs Dell Technologies Inc.
The durability of a company's moat often decides long-term winners. Here is how the competitive advantages of Berkshire Hathaway Inc. stack up against those of Dell Technologies Inc..
Berkshire Hathaway Inc. competitive advantage: Berkshire's advantage is permanent capital, insurance float, a conservative balance sheet, reputation with sellers, and a decentralized culture that attracts owner-minded managers.
Dell Technologies Inc. competitive advantage: Dell's advantage comes from enterprise customer relationships, global supply-chain scale, configure-to-order execution, infrastructure breadth, and founder-led capital allocation.
Growth Strategy: Where Berkshire Hathaway Inc. and Dell Technologies Inc. Are Headed
Future prospects matter as much as current results. The growth strategies below explain how Berkshire Hathaway Inc. and Dell Technologies Inc. each plan to expand from here.
Berkshire Hathaway Inc. growth strategy: Berkshire's growth strategy is not a top-down operating plan; it is disciplined capital allocation. The company reinvests in subsidiaries, buys public equities, acquires private businesses when prices fit, and keeps a fortress balance sheet for downturns.
Dell Technologies Inc. growth strategy: Dell grows by selling deeper into enterprise accounts, expanding AI and server infrastructure, refreshing client devices, attaching services, and using its direct-sales and channel ecosystem.
Financial Picture: Berkshire Hathaway Inc. vs Dell Technologies Inc.
A closer look at the financial trajectory of Berkshire Hathaway Inc. and Dell Technologies Inc. rounds out the comparison.
Berkshire Hathaway Inc.: For FY2025, Berkshire reported $371.444B in revenue and $66.968B in net income attributable to shareholders. Its filing reported about 387,800 employees worldwide at year-end. The updated net income replaces the prior-year comparison figure previously used in this profile.
Dell Technologies Inc.: Dell reported FY2026 revenue of $113.538 billion and net income of $5.936 billion. Revenue rose sharply from FY2025 as infrastructure demand, including AI server demand, accelerated.
Company-Specific SWOT Notes
Berkshire Hathaway Inc.
Berkshire's advantage is permanent capital, insurance float, a conservative balance sheet, reputation with sellers, and a decentralized culture that attracts owner-minded managers.
Berkshire's size makes high-return capital deployment harder, and results can swing with insurance losses and investment-market changes.
Large cash and Treasury holdings give Berkshire optionality if markets dislocate or attractive private businesses become available.
Berkshire Hathaway's biggest risk is the challenge of deploying very large amounts of capital at attractive returns while managing insurance catastrophe exposure, equity-market volatility, and succession execution.
Dell Technologies Inc.
Dell maintains direct sales relationships with the overwhelming majority of Fortune 500 companies and employs thousands of dedicated enterprise account executives embedded in long-term customer relationships.
Dell's configure-to-order manufacturing model, pioneered in the 1980s and continuously refined across four decades, enables the company to minimize finished goods inventory, respond rapidly to component cost changes, and customize products to customer specific
With approximately 56% of fiscal year 2024 revenue derived from the Client Solutions Group, Dell carries significant exposure to the structurally mature and cyclically volatile global PC market.
Dell's gross margin profile is structurally lower than software and cloud-focused technology companies, reflecting the commodity component content of hardware products and the competitive pricing pressure in both the PC and server markets.
The enterprise and hyperscale buildout of AI infrastructure—encompassing GPU-dense servers, high-bandwidth storage, and specialized networking—represents the largest capital equipment spending wave in the technology industry in at least a decade.
The secular migration of enterprise IT workloads to hyperscale cloud platforms—AWS, Azure, Google Cloud—represents the most significant long-term structural threat to Dell's Infrastructure Solutions Group.
Head-to-Head Scorecard
| Category | Winner | Why |
|---|---|---|
| Revenue Scale | Berkshire Hathaway Inc. | Berkshire Hathaway Inc. reports the larger revenue base ($371.4B), which serves as a core operational scale signal. |
| Profitability Potential | Comparable | Both organizations prioritize market penetration or are at equivalent reporting tiers. |
| Company Age | Berkshire Hathaway Inc. | Founded in 1839 vs 1984. The earlier pioneer typically commands longer historical institutional legacy. |
| Innovation Moat | Berkshire Hathaway Inc. | Higher aggregate count of major acquisitions and key R&D releases indicates a more active technology absorption velocity. |
| Scale (Employees) | Berkshire Hathaway Inc. | A significantly larger reported workforce supports enhanced global distribution capability. |
| Market Cap | Berkshire Hathaway Inc. | Higher public valuation denotes greater forward-looking investor conviction in earnings potential. |
| Future Outlook | Tied | Strategic auditing assesses that both maintain defensive leadership vectors within their core market clusters. |
Who Wins Each Category?
Berkshire Hathaway Inc. reports the larger revenue base ($371.4B), which serves as a core operational scale signal.
Both organizations prioritize market penetration or are at equivalent reporting tiers.
Founded in 1839 vs 1984. The earlier pioneer typically commands longer historical institutional legacy.
Higher aggregate count of major acquisitions and key R&D releases indicates a more active technology absorption velocity.
A significantly larger reported workforce supports enhanced global distribution capability.
Who Wins: Berkshire Hathaway Inc. or Dell Technologies Inc.?
Reviewed by Swet Parvadiya, May 2026 - Author Profile
Our analysts compile business strategy profiles from public financial filings, press releases, and analyst reports. Each profile is reviewed for accuracy before publication by our editorial desk and updated on a rolling basis.
Frequently Asked Questions: Berkshire Hathaway Inc. vs Dell Technologies Inc.
Is Berkshire Hathaway Inc. better than Dell Technologies Inc.?
Verdict: Between Berkshire Hathaway Inc. and Dell Technologies Inc., Berkshire Hathaway Inc. is the stronger overall option based on higher annual revenue. The decision still depends on which factors matter most for your needs, but on the weight of the evidence above, Berkshire Hathaway Inc. comes out ahead in this Berkshire Hathaway Inc. vs Dell Technologies Inc. comparison.
Who earns more — Berkshire Hathaway Inc. or Dell Technologies Inc.?
Berkshire Hathaway Inc. earns more with $371.4B in annual revenue versus Dell Technologies Inc.'s $113.5B. Berkshire Hathaway Inc. leads on total revenue based on latest verified figures.
Which company has higher revenue — Berkshire Hathaway Inc. or Dell Technologies Inc.?
Berkshire Hathaway Inc. reported $371.4B, while Dell Technologies Inc. reported $113.5B. The revenue leader is Berkshire Hathaway Inc. based on latest verified figures.
Berkshire Hathaway Inc. revenue vs Dell Technologies Inc. revenue — which is higher?
Berkshire Hathaway Inc. revenue: $371.4B. Dell Technologies Inc. revenue: $113.5B. Berkshire Hathaway Inc. has the larger revenue base of the two companies.
Sources & References
- SEC EDGAR: Berkshire Hathaway Inc. Annual Filings (10-K, 8-K)
- Berkshire Hathaway Inc. Corporate Website
- Berkshire Hathaway Inc. Annual Report 2025 - Revenue and Financial Data
- berkshirehathaway.com
- sec.gov
- data.sec.gov
- berkshirehathaway.com
- SEC EDGAR: Dell Technologies Inc. Annual Filings (10-K, 8-K)
- Dell Technologies Inc. Corporate Website
- Dell Technologies Inc. Annual Report 2026 - Revenue and Financial Data
- sec.gov
- data.sec.gov
- investors.delltechnologies.com
- dell.com