Investment Gains Drive Earnings Surge
After-tax investment gains were $12.7 billion in Q2 2026 compared to $5.0 billion in Q2 2025, while the prior year included a $3.76 billion impairment on the Kraft Heinz investment.
BRK.B reported Q3 2026 results via an 8-K press release. The full AI analysis of the 10-Q will be generated automatically when it's filed.
Berkshire Hathaway reported second quarter 2026 net earnings of $25.7 billion, compared to $12.4 billion a year earlier, while operating earnings increased to $13.0 billion from $11.2 billion.
EPS (GAAP)
$11.91
Source: SEC Form 8-K (Item 2.02), EX-99.1 press release. Numbers are company-reported; estimates are Finnhub analyst consensus. This is a same-day snapshot — the full AI analysis (MD&A, risks, audit opinion) is generated automatically when the 10-Q/10-K is filed.
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Drawn from management commentary in the Q2 2026 10-Q:
After-tax investment gains were $12.7 billion in Q2 2026 compared to $5.0 billion in Q2 2025, while the prior year included a $3.76 billion impairment on the Kraft Heinz investment.
GEICO's pre-tax underwriting earnings fell 45.4% in Q2 as higher claims frequencies (5-7% for bodily injury, 3-5% for property damage/collision) and severities (10-12% for bodily injury) pushed the loss ratio up 4.8 percentage points to 76.6%.
The first six months of 2026 had no significant catastrophe losses, compared to $850 million in after-tax losses from such events in the first half of 2025.
Revenue
$101.81B
+10.04% YoY
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