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Berkshire Hathaway operating profit rises
May 2, 2026 5:26 AM

OMAHA, Nebraska, May 2 (Reuters) - Berkshire Hathaway ( BRK/A )

on Saturday reported a higher first-quarter operating

profit, aided by gains across the board led by stronger

underwriting results in insurance.

Operating profit for the Omaha, Nebraska-based conglomerate

rose 18% from a year earlier to $11.35 billion from $9.64

billion a year earlier.

Net income, including gains and losses on common stock

investments, more than doubled to $10.1 billion, or $7,027 per

Class A share, from $4.6 billion.

Berkshire said it repurchased $234 million of its own stock

in the quarter, its first buybacks since May 2024.

))

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