Berkshire Hathaway A (BRK.A.N) has reported second-quarter 2026 earnings, showing a sharp jump in net income and a decline in revenue compared with a year earlier. Attributable net income came in at $25.67 billion in Q2, up from $12.37 billion in the year-ago period. Quarterly revenue was $12.98 billion, versus $92.52 billion in Q2 2025. At the end of Q2, Berkshire's cash reserves were $364.7 billion, down from $397 billion at the end of Q1. The company also held fixed-income securities with a fair value of $17.03 billion as of June 30. That total was made up of $3.0 billion in U.S. government bonds, $12.67 billion in foreign bonds and $1.36 billion in corporate bonds. On the equity side, 66% of the portfolio's total fair value sat in five names: American Express, Apple, Bank of America, Alphabet and Coca-Cola. The data was attributed to Jinshi.
Q2 earnings snapshot
Berkshire Hathaway A (BRK.A.N) posted $12.98 billion in second-quarter revenue, compared with $92.52 billion in the year-ago quarter. Net income attributable to shareholders hit $25.67 billion, up from $12.37 billion in Q2 2025.
Cash and fixed-income holdings
The company ended Q2 with $364.7 billion in cash reserves, a step down from $397 billion at the close of Q1. As of June 30, the fair value of its fixed-income investments was $17.03 billion. U.S. government bonds made up $3.0 billion of that figure, foreign bonds $12.67 billion and corporate bonds $1.36 billion.
Equity concentration
Berkshire's equity portfolio remains concentrated. 66% of the total fair value of its stock investments sat in five companies: American Express, Apple, Bank of America, Alphabet and Coca-Cola. Jinshi provided the data.
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