PreBell 盘前铃

S&P 500 7,520.93 down 0.38%Nasdaq 100 27,740.80 down 0.60%Dow 52,231.89 down 0.30%Russell 2000 2,821.38 down 0.68%

Earnings check · BRK.B

Berkshire Hathaway Q3 2026: Net earnings of $22.1 billion and a large buyback quarter

BRK.B

Berkshire Hathaway results
GAAP EPS $10.33

Berkshire reported third-quarter 2026 net earnings of $22.1 billion, or $10.33 per Class B share (GAAP). It repurchased about $9.6 billion of its own shares in the quarter, and insurance float rose to about $178.5 billion.

Berkshire Hathaway (BRK.B) · Fiscal Q3 2026 · Form 8-K filed Nov 9, 2026

Key figureThis quarter
Net income (GAAP)$22.11 billion
Diluted EPS (GAAP)$10.33

Results

Net earnings attributable to Berkshire shareholders were $22.1 billion in the third quarter of 2026. GAAP earnings per average equivalent Class B share were $10.33.

For the first nine months, net earnings were $57.9 billion, or $26.92 per Class B share (GAAP).

The third quarter of 2025 was higher, at $30.8 billion, or $14.28 per Class B share (GAAP). The nine-month figures were lower a year ago, at $47.8 billion and $22.14 per share.

The company's adjusted (non-GAAP) EPS is not part of this summary. All per-share figures here are GAAP.

What else stood out

Buybacks. Berkshire bought about $9.6 billion of its own treasury shares in the third quarter. The nine-month total is about $14.4 billion, so most of the year's buying came in this quarter.

Insurance float. Float is the money the company holds from insurance contracts before claims are paid. It was about $178.5 billion at September 30, 2026. That is up about $2.1 billion since the end of 2025.

Trend. Quarterly GAAP revenue from the filings was $105.6 billion for the quarter ended September 30, 2026. It was $101.8 billion in the June quarter and $93.7 billion in the March quarter. Net income moved around more: $10.1 billion in March, $25.7 billion in June and $22.1 billion in September.

Charts (GAAP)

Berkshire Hathaway quarterly revenue (GAAP) by fiscal quarter end
Berkshire Hathaway quarterly revenue (GAAP) by fiscal quarter end

Charts show GAAP figures from SEC filings; the last bar marked 8-K is this release. A gap means the company did not report that quarter separately.

Sources

Rick Liu

AI & software engineer, University of Waterloo. Built PreBell to read earnings the way an analyst would, without the analyst.

All briefs →