Berkshire Hathaway stock gains on strong Q2 figures and mega-cap valuation

Published on 09/16/2026 at 12:57 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Berkshire Hathaway stock closed at USD 516.76 on September 15, 2026 on the NYSE, near the top of its 52-week range. Q2 2026 revenue rose 10.1 percent to USD 101.81 billion, while net earnings more than doubled versus a year earlier.

Fotorealistischer Konglomerat-Campus mit Bürotürmen, Gleisen und Industrie bei Sonnenuntergang — Berkshire Hathaway (B) als diversifizierter Konzern mit ISIN US0846707026 – Luftaufnahme Konglomerat-Campus, Illustration mit AI erstellt.

Berkshire Hathaway Inc. stock (ISIN US0846707026) closed at USD 516.76 per Class B share on the New York Stock Exchange on September 15, 2026, valuing the conglomerate at about USD 990.95 billion and placing it firmly in the mega-cap category.

Q2 2026 earnings underline profit momentum

According to Berkshire Hathaway’s Form 10-Q for the quarter ended June 30, 2026, total revenues reached USD 101.81 billion in Q2 2026, up from USD 92.52 billion in the prior-year quarter, an increase of 10.1 percent.

Net earnings attributable to Berkshire shareholders jumped to USD 25.67 billion in Q2 2026 from USD 12.37 billion a year earlier, meaning profits more than doubled versus the prior-year period as investment gains and operating results both improved.

On a per-share basis, earnings per equivalent Class B share rose to USD 11.91 in Q2 2026 compared with USD 5.73 in Q2 2025, an increase of 107.7 percent that reflects the combination of higher operating income and sizable unrealized gains on the equity portfolio.

Operating businesses contribute broad-based growth

Management’s discussion and analysis in the same filing shows that Burlington Northern Santa Fe generated Q2 2026 pre-tax earnings of USD 2.06 billion, up 13.9 percent from USD 1.81 billion in Q2 2025, supported by higher shipping volumes and improved efficiencies.Berkshire Hathaway

In the energy segment, Berkshire Hathaway Energy reported net earnings attributable to Berkshire shareholders of USD 891 million for Q2 2026, compared with USD 702 million in the prior-year quarter, a rise of 26.9 percent driven by stronger results in U.S. utilities and natural gas pipelines.Berkshire Hathaway

The manufacturing, service and retailing group delivered Q2 2026 pre-tax earnings of USD 5.85 billion on revenues of USD 61.50 billion, compared with USD 4.65 billion of pre-tax earnings on USD 53.37 billion of revenues a year earlier, illustrating margin expansion alongside double-digit top-line growth.Berkshire Hathaway

Stock trades near top of 52-week range

Per data for the Class B shares, Berkshire Hathaway stock closed at USD 516.76 on September 15, 2026 at 4:02 p.m. ET, with a daily gain of USD 1.81 or 0.35 percent versus the prior close, before slipping modestly in after-hours trading.CNN

The same overview shows that Berkshire Hathaway’s Class B share price sits near the top of its 52-week range of USD 464.01 to USD 537.74, indicating the stock is trading close to its yearly high after a sustained period of appreciation.CNN

With a market capitalization of about USD 990.95 billion as of September 15, 2026 and a price-earnings ratio of 12.95 times based on recent earnings, Berkshire Hathaway stock offers investors exposure to a diversified portfolio of insurance, railroad, energy and industrial assets at a valuation below many large-cap peers.CNN

Closing view: stock price anchors investor perspective

As of the close on September 15, 2026, Berkshire Hathaway stock at USD 516.76 on the New York Stock Exchange, combined with Q2 2026 net earnings of USD 25.67 billion and revenue of USD 101.81 billion, underscores how the conglomerate’s broad earnings base and near-USD 1 trillion valuation frame the investment case for shareholders.