Berkshire Hathaway's year-end financial report revealed a challenging year for Pilot. In early 2024, Berkshire Hathaway completed the full acquisition of Pilot Travel Centers by purchasing the remaining 20% stake from the Haslam family. Since then, Berkshire's quarterly earnings reports have provided limited details on Pilot's financial status. However, the 2025 annual report offered a more comprehensive discussion. Under the leadership of new CEO Greg Abel, the report highlighted a significant decline in Pilot's pre-tax earnings, dropping from $614 million to $190 million, a decrease of over 69%. Revenue fell from $46.9 billion to $42.2 billion, partly due to a drop in diesel prices. Despite these challenges, Pilot's net cash flow improved to $1.7 billion. The report also noted an increase in Pilot's Pro Preference score, a third-party study on professional drivers' preference for Pilot over competitors, rising to 35% in 2025 from 27% in 2022. This was seen as a subtle critique of the Haslam family, with whom Berkshire had a tense relationship before the final acquisition. Abel emphasized that Berkshire's management of Pilot only began in 2023, acknowledging past mistakes. The poor performance in 2025 was attributed to declining wholesale fuel and in-store margins, along with rising employee compensation, insurance, and maintenance costs. Nevertheless, lower interest expenses and asset disposal gains partially offset these impacts. By the end of the year, Pilot employed 29,300 people, an increase of 100 from the previous year. Pilot's top ten diesel sales customers accounted for only 10% of total sales, consistent with the previous year. In 2025, Pilot operated 675 travel centers and 82 fuel-only retail locations in the U.S., and 5 in Canada. Of these, Pilot owned 663 locations, with 94 operated by what Berkshire refers to as 'unconsolidated joint ventures.'