All articles tagged with #operating earnings
Berkshire Hathaway posted a 16% jump in Q2 operating earnings to $12.98 billion, helped by energy, rail and manufacturing, while insurance weakened; CEO Greg Abel began deploying Buffett’s cash with about $20 billion in net equity purchases and $4.5 billion in buybacks, reducing the cash pile to $365.5 billion after closing the Taylor Morrison deal, with Alphabet rising into a top holding.
Berkshire Hathaway’s fourth-quarter operating earnings declined about 30% to $10.2 billion, but a $1.56 billion noncash goodwill impairment (linked to Pilot and three other units) dimmed the headline drop; after adjusting for impairment and other one-time items, the decline would be closer to 20%. The company holds a near-record cash pile (~$373 billion) and did not repurchase shares in Q4 2025 or January 2026. Berkshire also signaled no dividend, as CEO Greg Abel continues Buffett’s capital-allocation approach, while insurance profits remained under pressure.
Berkshire Hathaway, the conglomerate owned by Warren Buffett, reported a loss of $12.8 billion in the third quarter due to a decline in the paper value of its investments. However, the company's insurers performed well, contributing $2.4 billion to its operating profit. Berkshire's operating earnings, which exclude the value of its investments, increased by nearly 41% to $10.8 billion. The company's insurance unit benefited from low losses related to major catastrophes and improved profits at Geico. Berkshire's railroad and utility units saw a decline in profits, while the company repurchased $1.1 billion of its own stock. Buffett continues to hold a significant amount of cash and has not made any major investments or acquisitions this year.
Berkshire Hathaway reported a 40.6% increase in third-quarter operating earnings, reaching $10.761 billion, while its cash reserves hit a record high of $157.2 billion. Warren Buffett's conglomerate has been stockpiling cash due to a lack of attractive dealmaking opportunities. Berkshire has been investing in short-term Treasury bills yielding at least 5% and held $126.4 billion worth of such investments at the end of Q3. The company spent $1.1 billion on share buybacks during the quarter, bringing the nine-month total to around $7 billion. Geico, Berkshire's insurance subsidiary, reported underwriting earnings of $1.1 billion, while BNSF, the railroad division, saw a 15% decline in earnings. Berkshire also posted a significant investment loss of $24.1 billion, largely due to a decline in its Apple stake. The company acknowledged the negative economic impact of the pandemic, geopolitical risks, and inflation pressures on its operating businesses.