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Berkshire Hathaway announces quarterly earnings, cash reserves rise to record high
ME News Report, May 2 (UTC+8): Berkshire Hathaway Class A (BRK.A.N) reported Q1 2026 revenue of $936.75B, up from $897.25B in the same period last year, and compared with market expectations of $892.74B; net profit was $10.106B, versus $4.603B in the same period last year, with market expectations of $11.762B. The quarterly report shows that Berkshire Hathaway’s cash reserves surged to a historic high of $3970B, driven by a net reduction of $8.1B in stocks during the first quarter. In addition, total operating profit was $11.35B, up nearly 18% year over year. (Source: Jinshi)