Berkshire Hathaway Q3 net earnings rise to $26.3 billion from $12.8 billion loss
Berkshire Hathaway reported third-quarter 2024 net earnings of $26.3 billion, compared with a net loss of $12.8 billion a year earlier, driven mainly by investment gains. Operating earnings, which exclude investment gains and losses, fell to $10.1 billion from $10.8 billion, and nine-month net earnings rose to $69.3 billion from $58.6 billion.
Key points
- Q3 2024 net earnings of $26.3 billion versus a net loss of $12.8 billion in Q3 2023
- Q3 2024 investment gains of $16.2 billion versus investment losses of $23.5 billion a year earlier
- Q3 2024 operating earnings of $10.1 billion, down from $10.8 billion; insurance-underwriting earnings fell to $750 million from $2.4 billion
- Berkshire used approximately $2.9 billion to repurchase its shares in the first nine months of 2024
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 November 04, 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.