Berkshire Hathaway Q2 net earnings $35.9 billion vs. $43.6 billion loss a year earlier
Berkshire Hathaway reported second-quarter 2023 net earnings attributable to shareholders of $35.9 billion, compared with a net loss of $43.6 billion in the second quarter of 2022. Operating earnings, which exclude investment and derivative gains and losses, rose to $10.0 billion from $9.4 billion, and the company said it repurchased about $1.4 billion of its shares during the quarter.
Key points
- Net earnings were $35.9 billion in Q2 2023 versus a $43.6 billion loss in Q2 2022; investment and derivative gains were $25.9 billion, compared with losses of $53.0 billion a year earlier.
- Operating earnings were $10.0 billion in Q2 2023, up from $9.4 billion in Q2 2022.
- Berkshire repurchased about $1.4 billion of its shares in Q2 2023, bringing the six-month total to $5.8 billion.
- Insurance float was about $166 billion at June 30, 2023, up about $2 billion from year-end 2022.
The filing
Written by AI on Nov 8, 2026, 2:07 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 07, 2023.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.