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