Key facts
- Berkshire Hathaway's third-quarter operating profit fell 6% to $12.71 billion from $13.49 billion a year earlier.
- Berkshire said it repurchased $9.6 billion of stock in the quarter, plus $4.8 billion earlier in the year.
- Net income fell 28% to $22.11 billion, including unrealized gains and losses on stocks Berkshire still owns.
- Berkshire attributed the operating profit decline to weaker insurance underwriting results.
Berkshire Hathaway reported a 6% decline in third-quarter operating profit to $12.71 billion, or about $8,954 per Class A share, from $13.49 billion a year earlier, according to a Reuters report published November 7, 2026. The Omaha, Nebraska-based company said insurance underwriting results declined.
Berkshire said it bought back $9.6 billion of its own stock during the quarter, in addition to $4.8 billion repurchased earlier in the year.
Net income fell 28% to $22.11 billion, a figure that includes unrealized gains and losses on stocks Berkshire still owns.