Berkshire Hathaway Reports Record Cash Reserves and Increased Earnings in Q1 2026

Berkshire Hathaway reported first-quarter operating earnings of $11.35 billion, marking an increase of nearly 18% from the previous year. The company's cash reserves reached a record $397 billion, up from $373 billion at the end of 2025.

Net income attributable to shareholders more than doubled to approximately $10.1 billion, compared to $4.6 billion in the same period last year.

The insurance underwriting segment earned $1.7 billion, a 28% increase from the previous year. However, Geico, a key component of this segment, reported a 34% decline in earnings.

This quarter marks the first under CEO Greg Abel, who succeeded Warren Buffett at the start of 2026. Abel is set to lead the annual shareholder meeting in Omaha, Nebraska, where shareholders anticipate insights into the company's future direction.