Berkshire Hathaway's third-quarter operating earnings rose 34% year over year to $13.49 billion.
Insurance underwriting income surged more than 200% to $2.37 billion. The division's performance marked a significant turnaround from earlier in the year and drove the earnings increase, outshining Berkshire's railroad and energy businesses.
Released on November 2, 2026, the report was the last under Warren Buffett's leadership as CEO. Greg Abel is set to assume the role on January 1, 2027.
Berkshire's cash pile reached a record $381.6 billion. The company was a net seller of equities for the twelfth consecutive quarter. It conducted no share buybacks.