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

Berkshire Hathaway Q3 net earnings rise to $30.8 billion; operating earnings up to $13.5 billion

Positive Impact 3 of 5 earnings Written later

Berkshire Hathaway reported third-quarter 2025 net earnings attributable to shareholders of $30,796 million, up from $26,251 million a year earlier, and operating earnings of $13,485 million, up from $10,090 million. For the first nine months, net earnings were $47,769 million, down from $69,301 million, while operating earnings rose to $34,286 million from $32,910 million. The release says investment gains and losses can distort per-share results, so shareholders are directed to the 10-Q for fuller detail.

Key points

  • Third-quarter 2025 net earnings were $30,796 million, including investment gains of $17,311 million.
  • Third-quarter 2025 operating earnings were $13,485 million, versus $10,090 million in the third quarter of 2024.
  • First nine months 2025 net earnings were $47,769 million, versus $69,301 million in the same period of 2024, and included a $3,760 million other-than-temporary impairment of Kraft Heinz.
  • Insurance float was approximately $176 billion at September 30, 2025, up $5 billion since yearend 2024.

The filing

CompanyBerkshire Hathaway (BRK-B)
Form8-K, current report
Filed with the SECNov 3, 2025, 1:48 PM ET
Accession number0001193125-25-262260

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 November 03, 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.