BERKSHIRE HATHAWAY INC ($BRK-B)
Berkshire Hathaway reported Q3 2026 net earnings attributable to shareholders of $22.1B, down from $30.8B in Q3 2025, as investment gains fell to $9.4B from $17.3B. Operating earnings declined to $12.7B from $13.5B. Class B EPS was $10.33 versus $14.28 a year earlier. The company repurchased about $9.6B of stock in Q3, bringing the nine-month total to $14.4B.
- Q3 net earnings fell to $22.1B from $30.8B a year earlier.
- Operating earnings declined to $12.7B from $13.5B in Q3 2025.
- Class B EPS was $10.33 versus $14.28 a year ago.
- Berkshire repurchased about $9.6B of stock in Q3, $14.4B year-to-date.
- Insurance float reached about $178.5B, up $2.1B since yearend 2025.
Extended-hours last trade $573.34, up 0.42% vs the $570.95 regular close, suggesting a muted reaction to the earnings decline.
Berkshire's headline earnings drop masks steady operating performance and an accelerating $9.6B quarterly buyback.
Berkshire's results reflect the broad equity-market sensitivity of its investment portfolio, with unrealized gains swinging quarterly under GAAP.
Investment gains are volatile and Berkshire cautions they can make net EPS figures misleading; operating earnings are the more stable measure.