BRK-B · 10-Q · 2026Q2 · Full report

Liquidity and Cash Position

BERKSHIRE HATHAWAY INC · 2026-08-10 · Importance 54 · Surprise 14 · From source text

Berkshire shareholders’ equity was $747.9 billion at June 30, 2026, up $30.5 billion from December 31, 2025. Insurance and other businesses held $359.2 billion in cash, cash equivalents, and U.S. Treasury Bills, net of unsettled-purchase payables. Investments in equity and fixed-maturity securities, excluding equity-method investments, totaled $340.8 billion at June 30, 2026.

Key facts

Float was approximately $177.5 billion at June 30, 2026, an increase of approximately $1.1 billion from December 31, 2025 source
Cash, cash equivalents and U.S. Treasury Bills at June 30, 2026: $210,310 million; at December 31, 2025: $212,651 million source
At June 30, 2026, Berkshire’s insurance and other businesses held investments in cash, cash equivalents and U.S. Treasury Bills (net of payables for unsettled purchases) of $359.2 billion. source
Investments in equity and fixed maturity securities, excluding equity method investments, were $340.8 billion at June 30, 2026. source
In the first six months of 2026, Berkshire generated net cash flows from operating activities of $21.7 billion. source
Berkshire’s shareholders’ equity at June 30, 2026 was $747.9 billion, an increase of $30.5 billion since December 31, 2025. source
Clayton Homes loan balances, net, were approximately $30.4 billion as of June 30, 2026, an increase of 7.8% since June 30, 2025 source

Impact estimates

metric	direction	stage	expected	basis
cash	positive	realized	+1.7%	In the first six months of 2026, Berkshire generated net cash flows from operating activities of $21.7 billion.
cash	negative	realized	-0.2%	Cash, cash equivalents and U.S. Treasury Bills at June 30, 2026: $210,310 million; at December 31, 2025: $212,651 million
liability	negative	realized	-0.1%	Float was approximately $177.5 billion at June 30, 2026, an increase of approximately $1.1 billion from December 31, 2025
cash	positive	realized	—	At June 30, 2026, Berkshire’s insurance and other businesses held investments in cash, cash equivalents and U.S. Treasury Bills (net of…
assets	positive	realized	—	Investments in equity and fixed maturity securities, excluding equity method investments, were $340.8 billion at June 30, 2026.