<2> Berkshire Hathaway operating earnings fell nearly 30% in Warren Buffett’s final quarter as CEO
<3> Key Takeaways from Berkshire Hathaway’s Q4 2025 Earnings Report
<4> Berkshire Hathaway, the multinational conglomerate led by Warren Buffett, reported a decline in operating earnings for the fourth quarter of 2025. The company’s operating earnings fell by approximately 29.6% compared to the same period in the previous year. This marks a significant drop in earnings during Warren Buffett’s final quarter as CEO.
<5> The decline in operating earnings can be attributed to several factors, including a decrease in revenue from the company’s insurance segment and lower earnings from its non-insurance businesses. Despite this, Berkshire Hathaway’s overall revenue for the quarter increased by 4.3% year-over-year.
<6> In a statement, Warren Buffett attributed the decline in operating earnings to a combination of factors, including a challenging market environment and increased competition. However, he expressed confidence in the company’s long-term prospects and its ability to navigate the current market conditions.
<7> Berkshire Hathaway’s Q4 2025 earnings report also provided insight into the company’s financial performance for the full year. The company’s operating earnings