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Berkshire Hathaway Financial Highlights Q1
Key financial metrics reported in the first quarter under the new CEO.
Primary Sources
Berkshire Hathaway continued selling stocks and stacking cash in its ...
A welcome sign at Berkshire Hathaway's annual meeting featuring Warren Buffett (left) and Greg Abel. Theron Mohamed/Business Insider 2026-05-02T12:25:22.474Z Berkshire Hathaway published its first quarterly earnings without Warren Buffett as CEO on Saturday. New CEO Greg Abel sold stocks, fueling a rise in the cash pile to another record. On Saturday, Abel hosts his first Berkshire shareholder meeting. Greg Abel's tenure as Berkshire Hathaway's CEO is off to a robust start. Abel, who succeeded Warren Buffett at the start of this year, oversaw a 17% jump in operating earnings to $11.3 billion in the first quarter, Berkshire's first quarter earnings report revealed on Saturday.Berkshire posted strong growth in insurance-underwriting profits, and higher earnings across its BNSF Railway, Berkshire Hathaway Energy, and manufacturing, service, and retailing units. However, its earnings were flattered by a foreign-exchange gain.Abel and his team offloaded a net $8 billion of stocks last quarter, purchasing $15.9 billion of shares but selling $24.1 billion worth. The disposals marked the 14th consecutive quarter in which the company has been a net seller of stock. The last time they bought more stocks than they sold was the third quarter of 2022.Berkshire refrained from stock buybacks for a seventh straight quarter, although Abel reinstituted them after the period in consultation with Buffett. For comparison, it bought back around $17 billion worth of Berkshire shares over the course of 2022 and 2023. The stock sales and lack of buybacks contributed to Berkshire's pile of cash and Treasury bills reaching a record $380 billion, after deducting about $17 billion of payables for Treasury bills.Berkshire's cash pile has almost tripled in size over the last three years, from around $130 billion at the end of 2022. It now exceeds the current market capitalizations of some of the world's biggest companies, including Netflix, Chevron, and Bank of America.Abel said in his first letter to shareholders in February that he wouldn't roll out a dividend or strike deals just for the sake of putting the cash pile to work.The quarterly results are the first set since Buffett ended his six-decade tenure as Berkshire's CEO. While the firm released Q4 results in February, after Buffett had stepped down, the "Oracle of Omaha" was still in charge when the results were compiled.Abel, long groomed to be Buffett's successor, will preside over his first annual meeting at the helm of ...
Berkshire Hathaway Annual Meeting: Live News and Analysis from the ...
A Busy DayBerkshire Hathaway reported first-quarter financial results on Saturday morning.CEO Greg Abel is slated to later appear onstage at the company's annual meeting in Omaha, Neb., where he will provide updates and take questions from shareholders in the crowd.Former CEO Warren Buffett, who remains chairman, is expected to sit in the audience and not take questions.Scroll down for live coverage of the event.
Berkshire Hathaway Enters New Era With Greg Abel at the Helm
Berkshire Hathaway Enters New Era With Greg Abel at the Helm Warren Buffett retired to a purely advisory role at the end of 2025; shares modestly undervalued.
Berkshire struggles under new CEO Abel - MoneyWise
When Warren Buffett handed the keys to Greg Abel at the start of 2026, Berkshire Hathaway investors were nervous but hopeful. Four months in, the mood is turning. From the start of the year to when markets closed April 27, Berkshire's B shares — the cheaper, non-voting shares most retail investors buy — have underperformed the S&P 500 (1) by approximately 10 percentage points (2).
