Berkshire Hathaway Inc. — Third Quarter 2026 Earnings Summary

Berkshire Hathaway reported net earnings of $22.112 billion for the third quarter of 2026, a decrease from $30.796 billion in the same period of 2025, driven primarily by lower investment gains. Operating earnings for the quarter were $12.705 billion, down from $13.485 billion in 2025, with contributions from insurance underwriting, BNSF, and manufacturing sectors. For the first nine months of 2026, net earnings totaled $57.885 billion compared to $47.769 billion in 2025, while operating earnings reached $37.034 billion. The company acquired approximately $9.6 billion in treasury shares during the third quarter, bringing the nine-month total to $14.4 billion, and insurance float increased by $2.1 billion to $178.5 billion by September 30, 2026.