Berkshire Hathaway posted Q1 operating earnings of $11.35 bn, an 18% increase from $9.64 bn YoY.
Cash holdings rose to a record $397.38 bn, highlighting limited acquisition opportunities despite a $234 m share repurchase, the first since May 2024.
Insurance profit climbed 4% to $4.4 bn, while Geico’s pre‑tax underwriting profit fell 35% due to higher claims and marketing costs.
BNSF profit jumped 13% to $1.38 bn on higher grain, fuel and oilseed demand; Energy profit rose 2% on gas pipeline revenue.