AI brief of an SEC Form 8-K · Berkshire Hathaway (BRK-B)

Berkshire Hathaway Q1 net earnings fall to $12.7 billion; operating earnings rise to $11.2 billion

Mixed Impact 3 of 5 earnings Written later

Berkshire Hathaway reported first-quarter 2024 net earnings attributable to shareholders of $12.7 billion, down from $35.5 billion a year earlier, mainly because of investment swings. Operating earnings, which exclude investment gains and losses, rose to $11.2 billion from $8.1 billion. Shareholders also met on May 4, 2024, and rejected all six shareholder proposals.

Key points

  • Q1 2024 net earnings: $12.7 billion, versus $35.5 billion in Q1 2023
  • Q1 2024 operating earnings: $11.2 billion, versus $8.1 billion in Q1 2023
  • Investment losses included about $9.7 billion of unrealized losses on equity holdings in Q1 2024
  • All six shareholder proposals were voted down at the May 4, 2024 annual meeting

The filing

CompanyBerkshire Hathaway (BRK-B)
Form8-K, current report
Filed with the SECMay 7, 2024, 3:42 PM ET
Accession number0001193125-24-133049

Items reported: 2.02 Results of Operations5.07 Shareholder Vote Results

Read the filing on SEC.gov ↗

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 May 07, 2024.

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.