Berkshire Hathaway reported a decrease in operating earnings for Q4 2025 compared to the prior year, primarily driven by lower insurance underwriting results. However, net earnings remained strong at $19.2 billion, bolstered by significant investment gains and unrealized appreciation in equity holdings, despite a $4.5 billion impairment charge related to Kraft Heinz and Occidental.

In Q3 2025, Berkshire Hathaway generated $93.2 billion in revenue and $30.8 billion in net income attributable to shareholders, driven by investment gains and strong performance across key business units.

Berkshire Hathaway reported a decrease in net earnings attributable to shareholders for Q4 2024, primarily due to lower investment gains compared to the previous year. However, operating earnings saw a significant increase, driven by strong performance in insurance underwriting and investment income.

Berkshire Hathaway reported a net earnings increase driven by investment gains, while operating earnings saw a slight decrease. The company's insurance float increased, and it continued to repurchase shares.

Berkshire Hathaway reported a decrease in net earnings attributable to shareholders, primarily due to investment losses. However, operating earnings increased, driven by strong performance in insurance underwriting and investment income. The company also repurchased shares worth $345 million during the quarter.