Berkshire earnings rebound in Q1 thanks to insurance-underwriting

businessinsider
2026.05.02 13:27

Berkshire Hathaway (BRK.A) reported Q1 2026 operating earnings of $11.3B, an 18% YoY increase, rebounding from a 30% drop in Q4 2025. The growth was driven by its insurance-underwriting business, which rose 29% YoY to $1.7B, despite a 7% decline in insurance-investment income. The railroad segment contributed $1.4B, while manufacturing and retail operations added $3.2B. The company's financial position improved, with cash and equivalents at $397.4B, reflecting a 6% YoY growth.