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

Berkshire Hathaway Q2 net earnings fall to $12.4 billion from $30.3 billion

Negative Impact 3 of 5 earnings Written later

Berkshire Hathaway reported second-quarter 2025 net earnings attributable to shareholders of $12.37 billion, down from $30.35 billion a year earlier, and first-half net earnings of $16.97 billion, down from $43.05 billion. Operating earnings, which exclude investment gains and losses, slipped to $11.16 billion from $11.60 billion, and the company recorded a $3.76 billion other-than-temporary impairment on its Kraft Heinz investment.

Key points

  • Q2 2025 net earnings were $12.37 billion, versus $30.35 billion in Q2 2024.
  • Q2 2025 operating earnings were $11.16 billion, versus $11.60 billion in Q2 2024.
  • Q2 2025 included a $3.76 billion other-than-temporary impairment of the Kraft Heinz investment.
  • Insurance float was approximately $174 billion at June 30, 2025, up $3 billion since year-end 2024.

The filing

CompanyBerkshire Hathaway (BRK-B)
Form8-K, current report
Filed with the SECAug 4, 2025, 3:55 PM ET
Accession number0001193125-25-172579

Items reported: 2.02 Results of Operations

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 August 04, 2025.

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.