Berkshire Hathaway named Howard Buffett chair and Berkshire Hathaway stock costs EUR 464.78

Published on 10/13/2026 at 11:23 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Revenue hit USD 101.81 billion in the second quarter. Berkshire Hathaway stock costs EUR 464.78 on October 13, 2026 at USD 1,116.4 billion.

Berkshire Hathaway named Howard G. Buffett chairman on September 18, 2026, while Warren Buffett became chairman emeritus.
Second-quarter 2026 revenue reached USD 101.81 billion and net income was USD 25.67 billion.
The stock was trading at EUR 464.78 at Lang & Schwarz on October 13, 2026, at 11:15 a.m. CEST.
The next reported earnings date is November 2, 2026, for the third quarter of 2026.

Flatlay auf Nussbaumholz mit Aktienzertifikat, NYSE-Karte, Modelllokomotive und Kompass — Berkshire Hathaway (B) Aktie ISIN US0846707026 – Flatlay mit Zertifikat Lokomotive Versicherungspolice, Illustration mit AI erstellt.

Berkshire Hathaway (ISIN US0846707026) named Howard G. Buffett chairman on September 18, 2026, while Berkshire Hathaway stock was trading at EUR 464.78 at Lang & Schwarz on October 13, 2026, at 11:15 a.m. CEST. Warren E. Buffett became chairman emeritus and remained a director, completing a formal succession step that leaves Greg Abel as chief executive officer. The announcement was carried in the company release from Business Wire.

Three succession milestones

On December 31, 2025, Warren Buffett stepped down as chief executive officer, leaving Greg Abel to lead a company with 77 percent of its USD 355 billion equity portfolio concentrated in seven stocks, according to 24/7 Wall St. On August 8, 2026, Berkshire reported second-quarter revenue of USD 101.81 billion and net income of USD 25.67 billion, with operating earnings of USD 12.90 billion, according to the same dated results coverage. On September 18, 2026, Howard Buffett, a director since 1993, became chairman while Warren Buffett took the emeritus role, the company said in its release.

What does the transition mean?

The structure separates operating authority from cultural stewardship. Reuters reported on September 18, 2026, that Howard Buffett would serve as a non-executive chairman focused on preserving Berkshire's culture, while Abel continued as CEO. For investors, the key distinction is measurable: the leadership handoff came alongside second-quarter net income of USD 25.67 billion, up from USD 10.11 billion in the first quarter of 2026.

Cash and earnings shape the backdrop

Berkshire ended the second quarter of 2026 with USD 365.51 billion in cash and short-term investments, while total assets stood at USD 1.26 trillion. Its second-quarter revenue was 8.68 percent higher than the USD 93.68 billion recorded in the first quarter, and net income was 153.63 percent higher than the USD 10.11 billion first-quarter figure. The earnings profile gives the succession story an operating counterweight: the company is changing its leadership structure while reporting larger quarterly revenue and profit figures.

Next report date is November 2

The next scheduled report is November 2, 2026, for the third quarter of 2026, according to TradingView. The page lists a revenue estimate of USD 100.93 billion and an earnings-per-share estimate of USD 5.60, both consensus figures rather than reported results.

Stock quote and market value

Berkshire Hathaway stock was trading at EUR 464.78 at Lang & Schwarz on October 13, 2026, at 11:15 a.m. CEST. The primary NYSE quote was USD 517.60 at the October 12, 2026 market close, and the 52-week range was USD 464.01 to USD 537.74. The market capitalization was USD 1,116.4 billion as of October 12, 2026. The further course of trading is shown by the continuously updated real-time quote of Berkshire Hathaway stock.