Loading...
•
Sep 30, 2025
Berkshire Hathaway Q3 2025 Earnings Report
Berkshire Hathaway reported strong Q3 2025 results with solid revenue growth and operating earnings.
Key Takeaways
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.
Total revenue for the quarter was $93.2 billion, up from $85.9 billion in Q3 2024.
Adjusted EPS was $9,376.15 per Class A share.
Insurance (underwriting and investment) accounted for over half of total operating earnings.
Net income attributable to shareholders was $30.8 billion, with GAAP EPS of $21,413.
Revenue by Segment
Revenue by Geographic Location
Forward Guidance
Berkshire Hathaway did not provide specific forward guidance, but strength in insurance and cash position supports a positive outlook.
Positive Outlook
- Revenue grew 8% YoY compared to Q3 2024
- Insurance float increased to $176B
- Strong BNSF performance with $6.16B in revenue
- Investment gains contributed significantly to net income
- High liquidity with $37.96B in cash
Challenges Ahead
- Revenue decline at Berkshire Hathaway Energy
- Flat operating income year-over-year
- Asia-Pacific growth lagged behind U.S.
- No share repurchase or M&A updates
- No detailed forward guidance provided
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...