AI English summary of an SEC filing — figures as filed
Berkshire Hathaway BRK.BThe company said net earnings attributable to Berkshire shareholders for Q3 2025 were $30,796 million (Q3 2024 $26,251 million), and operating earnings were $13,485 million (Q3 2024 $10,090 million).
Key points
AI summaryThe company said net earnings attributable to Berkshire shareholders for Q3 2025 were $30,796 million (Q3 2024 $26,251 million), and operating earnings were $13,485 million (Q3 2024 $10,090 million).
The company said investment gains (losses) for Q3 2025 were $17,311 million. It said this included $9.2 billion in changes in unrealized gains on its equity security holdings and $8.2 billion in after-tax realized gains.
Berkshire said operating earnings from insurance-underwriting for Q3 2025 were $2,369 million (Q3 2024 $750 million), and insurance-investment income was $3,181 million (Q3 2024 $3,664 million).
The company said insurance float was approximately $176 billion as of September 30, 2025, an increase of $5 billion from year-end 2024. For the first 9 months of 2025, net earnings attributable to Berkshire shareholders were $47,769 million, which includes other-than-temporary impairment of its Kraft Heinz investment of $3,760 million, not temporary.
Summary
AI-writtenAnalysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.
Net Earnings and Operating Earnings for Q3
The company said net earnings attributable to Berkshire shareholders for Q3 2025 were $30,796 million (Q3 2024 $26,251 million), and operating earnings were $13,485 million (Q3 2024 $10,090 million).
Source · Based on the filing body and exhibits
Investment Gains (Losses) Breakdown for Q3
The company said investment gains (losses) for Q3 2025 were $17,311 million. It said this included $9.2 billion in changes in unrealized gains on its equity security holdings and $8.2 billion in after-tax realized gains.
Source · Based on the filing body and exhibits
Insurance Underwriting and Investment Income for Q3
Berkshire said operating earnings from insurance-underwriting for Q3 2025 were $2,369 million (Q3 2024 $750 million), and insurance-investment income was $3,181 million (Q3 2024 $3,664 million).
Source · Based on the filing body and exhibits
Insurance Float and 9-Month Net Earnings
The company said insurance float was approximately $176 billion as of September 30, 2025, an increase of $5 billion from year-end 2024. For the first 9 months of 2025, net earnings attributable to Berkshire shareholders were $47,769 million, which includes other-than-temporary impairment of its Kraft Heinz investment of $3,760 million, not temporary.
Source · Based on the filing body and exhibits
AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.
Original filing
The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.
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