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Berkshire Hathaway Inc. News Release
Business Wire
Sat, August 8, 2026 at 5:30 PM GMT+5:30
5 min read
- BRK-B
-0.54% - KHC
+1.44%
OMAHA, Neb., August 08, 2026–(BUSINESS WIRE)–(BRK.A; BRK.B) –
Berkshire’s operating results for the second quarter and first six months of 2026 and 2025 are summarized in the following paragraphs. However, we urge investors and reporters to read our 10-Q, which has been posted at www.berkshirehathaway.com. The limited information that follows in this press release is not adequate for making an informed investment judgment
Earnings of Berkshire Hathaway Inc. and its consolidated subsidiaries for the second quarter and first six months of 2026 and 2025 are summarized below. Earnings are stated on an after-tax basis. (Dollar amounts are in millions, except for per share amounts)
First Six Months | ||||||||
2026 | 2025 | 2026 | 2025 | |||||
Net earnings attributable to Berkshire shareholders | $ | 25,667 | $ | 12,370 | $ | 35,773 | $ | 16,973 |
Net earnings includes: | ||||||||
Investment gains (losses) | 12,684 | 4,970 | 11,444 | (68 | ) | |||
Other-than-temporary impairment of investment in Kraft Heinz | — | (3,760 | ) | — | (3,760 | ) | ||
Operating earnings | 12,983 | 11,160 | 24,329 | 20,801 | ||||
Net earnings attributable to Berkshire shareholders | $ | 25,667 | $ | 12,370 | $ | 35,773 | $ | 16,973 |
Net earnings per average equivalent Class A Share | $ | 17,868 | $ | 8,601 | $ | 24,889 | $ | 11,801 |
Net earnings per average equivalent Class B Share | $ | 11.91 | $ | 5.73 | $ | 16.59 | $ | 7.87 |
Average equivalent Class A shares outstanding | 1,436,443 | 1,438,223 | 1,437,279 | 1,438,223 | ||||
Average equivalent Class B shares outstanding | 2,154,664,073 | 2,157,335,139 | 2,155,918,015 | 2,157,335,139 | ||||
Note: Per share amounts for Class B shares are 1/1,500thof those shown for Class A shares |
In the table above, investment gains (losses) in each period predominantly relate to our investments in equity securities. Generally Accepted Accounting Principles (“GAAP”) require that we include the changes in unrealized gains (losses) of our equity security investments as a component of investment gains (losses) in our earnings statements. Investment gains (losses) in 2026 include gains of $10.9 billion in the second quarter and $3.9 billion in the first six months and in 2025 include gains of $1.5 billion in the second quarter and losses of $5.9 billion in the first six months due to changes during the second quarter and the first six months in the unrealized gains that existed in our equity security investment holdings. Investment gains (losses) in 2026 also include after-tax realized gains on sales of investments of $1.8 billion in the second quarter and $7.5 billion in the first six months and in 2025 include $4.2 billion in the second quarter and $6.6 billion in the first six months. Investment gains (losses) in the table above also include losses of $0.7 billion in the second quarter and first six months of 2025 from other investments.
