While Berkshire's profits from its insurance underwriting business inflected in the first quarter, the company saw declining insurance-investment income. Combining those two, insurance operating earnings were up about 4% to $4.

The conglomerate reported results just ahead of its annual shareholder meeting, where new CEO Greg Abel will take the stage in Warren Buffett’s place.

Berkshire Hathaway's first-quarter profit more than doubled as the value of its investments improved and most of its businesses reported higher earnings

The conglomerate that Warren Buffett built released its earnings Saturday as thousands of shareholders streamed into an arena in Omaha, Nebraska.

Berkshire bought back $234 million of stock in the first quarter of 2026, marking its first instance of share repurchases since the second quarter of 2024. The move suggests that CEO Greg Abel thinks Berkshire's stock trades below the company's intrinsic value.

Berkshire says economic conditions weigh on consumer Operating profit rises 18%, cash sets record Buybacks resume in Q1 after nearly two-year absence OMAHA, Nebraska, May 2 (Reuters) - Berkshire Hathaway (BRKa.

Berkshire Hathaway Inc.’s cash pile jumped to its highest level ever, reaching $397 billion, in Greg Abel’s first quarter as chief executive officer.

Berkshire Hathaway recorded $11.3 billion in operating earnings for the first quarter, up 18% from a year before. That's a reversal in trend from what was seen in the fourth quarter, when operating earnings declined relative to a year earlier.