Berkshire Hathaway stock reports stronger second quarter results
Published on 10/04/2026 at 09:48 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Berkshire Hathaway (ISIN US0846707026) stock was last at USD 502.65 on the NYSE on October 2, 2026 at 4:00 p.m. ET, up 0.43 percent from the previous close. The latest setup combines a USD 604 UBS target with a second quarter that produced USD 25.667 billion in net earnings attributable to shareholders.
Second quarter delivers a clear comparison
Yahoo Finance reported that second-quarter 2026 revenue rose 10 percent year over year to USD 101.8 billion, while operating earnings increased 16.3 percent to USD 13.0 billion. Net earnings attributable to Berkshire shareholders rose 107.5 percent to USD 25.7 billion, helped by investment gains.
The standardized Q2 2026 statement puts revenue at USD 101.808 billion and diluted earnings per share at USD 11.91 for the quarter ended June 30, 2026. That earnings figure is a current quarterly result, while the investment component makes headline GAAP profit less direct as a measure of recurring operating performance.
Investment gains change the profit picture
For the first half of 2026, LineVest News reported revenue of USD 195.483 billion, up from USD 182.240 billion in the first half of 2025. Shareholder-attributable earnings rose from USD 16.973 billion to USD 35.773 billion, but investment effects and the prior-year Kraft Heinz impairment explained most of the increase.
That contrast is important for Berkshire Hathaway Inc.: the Q2 operating result of USD 13.0 billion rose 16.3 percent, but GAAP net income more than doubled. Insurance underwriting, railroad operations, utilities and manufacturing therefore deserve more weight than the headline profit alone.
UBS raises target as risks remain
UBS maintained its Buy rating and raised its Class B price target from USD 585 to USD 604 on August 10, 2026, as reported by Yahoo Finance. The new target lies 20.2 percent above the October 2 price of USD 502.65.
The counterweight is insurance execution. Investing.com said KBW retained an Underperform view because of property and casualty pricing pressure, while rising GEICO claims remain a bear-case factor.
Next report date is November 2
TradingView lists November 2, 2026, as Berkshire Hathaway's next Q3 2026 report date, with consensus of USD 5.60 earnings per share and USD 100.93 billion in revenue. The stock's October 2 market snapshot showed a USD 464.01 to USD 537.74 52-week range and USD 1.1 trillion in market capitalization.
Berkshire Hathaway stock snapshot
- Company: Berkshire Hathaway Inc.
- ISIN: US0846707026
- Ticker: BRK.B
- Trading venue: NYSE
- Price (as of October 2, 2026, 4:00 p.m. ET): USD 502.65
- Market capitalization: USD 1.1 trillion (as of October 2, 2026)
- 52-week range: USD 464.01-537.74 (as of October 2, 2026)
- Sector / Industry: Financial Services / Insurance - Diversified
- Next earnings date: November 2, 2026
