The post Berkshire Hathaway reported a 4% drop in Q2 operating earnings appeared on BitcoinEthereumNews.com.

Berkshire Hathaway failed to meet Wall Street’s expectations again, reporting a second straight quarterly earnings drop. The company posted a 4% decline in operating profit for the second quarter of 2025, bringing in $11.16 billion, down from $11.6 billion in the same period last year. Berkshire blamed the dip on weaker underwriting results from its insurance units, which reversed last year’s record gains. Other sectors like railroads, energy, and retail did better, but not enough to pull the whole group up. Overall net income came in at $12.37 billion, or $8,601 per Class A share, compared to $30.3 billion, or $21,122 per share, a year earlier. The drop in net earnings was partly due to changes in the value of the firm’s investments, which it must report under U.S. accounting rules, even when the assets haven’t been sold. Cash rises, but no share buybacks and no big deals At the same time earnings were falling, Berkshire Hathaway’s cash stash climbed to a record $344 billion by the end of June, up from $333 billion at the end of March. Despite having more than enough capital to make moves, Warren Buffett and his team didn’t use any of it to buy back shares. That made it the fourth straight quarter with no buybacks, even though the firm has said it will repurchase stock if the price drops below what Warren sees as fair value. Class A shares peaked at $809,350 on May 2, right before Warren said he’ll step down as CEO at the end of 2025. The stock ended June at $711,480, but still, there was no repurchase. Warren, 94, has been cautious in recent years. He hasn’t made a major acquisition, and his team has been selling stocks more than buying them. In the second quarter, Berkshire sold $6.92…

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Filed under: News - @ August 2, 2025 5:26 pm