Berkshire Hathaway stock reports 16.3 percent earnings growth

Published on 10/05/2026 at 20:38 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Q2 operating earnings reached USD 12.983 billion on June 30, 2026, while GAAP net earnings hit USD 25.667 billion. Six analysts set a USD 547.67 average target.

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Berkshire Hathaway stock (ISIN US0846707026) was trading at USD 505.62 on the NYSE on October 5, 2026, with a daily gain of 0.59 percent. The company’s second-quarter operating earnings rose 16.3 percent year over year to USD 12.983 billion, according to Yahoo Finance on September 9, 2026.

Operating earnings lead the quarter

For Q2 2026, Berkshire reported USD 101.808 billion in revenue and USD 25.667 billion in GAAP net earnings. The earnings figure was more than double the USD 12.370 billion recorded in Q2 2025, while Class B earnings per share increased to USD 11.91 from USD 5.73, according to Beancount on September 13, 2026.

The composition of earnings matters. Unrealized equity gains contributed USD 10.9 billion to the quarter, meaning GAAP net income reflected both operating performance and changes in Berkshire’s investment portfolio.

Analysts see measured upside

The analyst picture is constructive but not uniform. Yahoo Finance reports a Moderate Buy consensus from six analysts, with an average price target of USD 547.67, a low target of USD 510.00 and a high target of USD 604.00; the average target lies 8.3 percent above the October 5 price.

The operating result therefore gives investors a cleaner comparison than GAAP net income alone. Berkshire’s decentralized businesses produced USD 12.983 billion in operating earnings, while portfolio gains added a substantial but less predictable contribution to the reported total.

Cash and insurance remain key variables

Berkshire held USD 365.5 billion in cash and Treasury bills at June 30, 2026, according to Beancount’s analysis of the Q2 filing. Insurance underwriting earnings were USD 1.731 billion in the quarter, while Berkshire Hathaway Energy contributed USD 891 million.

Investing.com identified property and casualty pricing pressure and rising Geico claims as counter-factors in its October 1, 2026 assessment, while also reporting USD 4.5 billion in Q2 share repurchases. The combination keeps capital allocation and insurance profitability central to the next earnings discussion.

Stock remains below its yearly high

Berkshire Hathaway Class B was trading at USD 505.62 on October 5, 2026, at 2:37 p.m. ET. The session range was USD 501.30 to USD 505.71, the 52-week range was USD 464.01 to USD 537.74, market capitalization was USD 1.1 trillion and volume was 1,527,885 shares.