Berkshire Hathaway Q1 Operating Profit Rises 18 Percent
Operating profit rose 18 percent to 11.35 billion dollars driven by strong insurance gains. The firm also resumed stock buybacks for the first time since 2024.
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BERKSHIRE HATHAWAY INC-CL A reported Q1 operating profit rose 18% to $11.35 billion, driven by insurance underwriting gains. This compares to $9.64 billion a year earlier, while net income more than doubled to $10.1 billion. The results signal resilience in core operations and a return to share buybacks for the first time since May 2024.
Berkshire Hathaway reported these figures on Saturday midday. Operating profit reflects the earnings from the conglomerate's diverse business units, excluding investment gains or losses.
