BRK-B · 8-K · 20261109PR452530
Net Income and EPS Performance
BERKSHIRE HATHAWAY INC · 2026-11-09 · Importance 57 · Surprise 38 · From source text
Third-quarter 2026 net earnings attributable to Berkshire shareholders were $22.112 billion, down from $30.796 billion in third-quarter 2025, a 28% decline. For the first nine months, net earnings increased to $57.885 billion from $47.769 billion, up 21%. Net earnings per average equivalent Class B share were $10.33 in the quarter versus $14.28 a year earlier, and $26.92 for the first nine months versus $22.14.
Key facts
- Third-quarter 2026 net earnings attributable to Berkshire shareholders were $22,112 million, compared with $30,796 million in third-quarter 2025. source
- First-nine-month 2026 net earnings attributable to Berkshire shareholders were $57,885 million, compared with $47,769 million in the first nine months of 2025. source
- Third-quarter 2026 net earnings per average equivalent Class A share were $15,502, compared with $21,413 in third-quarter 2025. source
- Third-quarter 2026 net earnings per average equivalent Class B share were $10.33, compared with $14.28 in third-quarter 2025. source
- First-nine-month 2026 net earnings per average equivalent Class A share were $40,377, compared with $33,214 in the first nine months of 2025. source
- First-nine-month 2026 net earnings per average equivalent Class B share were $26.92, compared with $22.14 in the first nine months of 2025. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| net_income | positive | realized | +14.4% | First-nine-month 2026 net earnings attributable to Berkshire shareholders were $57,885 million, compared with $47,769 million in the first… |