Berkshire Hathaway Q2 net earnings more than double to $25.7 billion
Berkshire Hathaway reported second-quarter 2026 net earnings attributable to shareholders of $25.7 billion, up from $12.4 billion a year earlier, and operating earnings of $13.0 billion, up from $11.2 billion. Much of the increase reflects investment gains of $12.7 billion, which the company says are largely driven by changes in unrealized gains on equity holdings and are not indicative of quarterly business performance.
Key points
- Q2 2026 net earnings $25.7 billion vs. $12.4 billion in Q2 2025; first six months $35.8 billion vs. $17.0 billion
- Q2 2026 operating earnings $13.0 billion vs. $11.2 billion; manufacturing, service and retailing $4.5 billion vs. $3.6 billion
- Net earnings per average equivalent Class A share $17,868 in Q2 2026 vs. $8,601 in Q2 2025
- Treasury share purchases of about $4.5 billion in Q2 2026 and about $4.8 billion for the six months; insurance float about $177.5 billion at June 30, 2026
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 August 11, 2026.
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.