Berkshire Hathaway Operating Earnings Fell 30% in Fourth Quarter. There Were No Stock Buybacks. -- Barrons.com

Dow Jones

Yesterday

By Andrew Bary

Berkshire Hathaway's operating profits after taxes fell 30% in the fourth quarter to $10.2 billion, depressed by a drop of more than 50% in insurance underwriting profits and lower insurance investment income.

The company bought back none of its own stock in the period, continuing a trend that began in May 2024.

Berkshire's cash and equivalents stood at $373 billion at the end of 2025, down from a peak of $381 billion at the end of September.

This is breaking news. Check back for more analysis soon.

Write to Andrew Bary at andrew.bary@barrons.com

This content was created by Barron's, which is operated by Dow Jones & Co. Barron's is published independently from Dow Jones Newswires and The Wall Street Journal.

(END) Dow Jones Newswires

February 28, 2026 08:14 ET (13:14 GMT)

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Barron's is published independently from Dow Jones Newswires and The Wall Street Journal. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  February 28, 2026 08:14 ET (13:14 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Berkshire Hathaway Operating Earnings Fell 30% in Fourth Quarter. 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There Were No Stock Buybacks. -- Barrons.com\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2026-02-28 21:14</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n  By Andrew Bary \n</p>\n<p>\n  Berkshire Hathaway's operating profits after taxes fell 30% in the fourth quarter to $10.2 billion, depressed by a drop of more than 50% in insurance underwriting profits and lower insurance investment income. \n</p>\n<p>\n  The company bought back none of its own stock in the period, continuing a trend that began in May 2024. \n</p>\n<p>\n  Berkshire's cash and equivalents stood at $373 billion at the end of 2025, down from a peak of $381 billion at the end of September. \n</p>\n<p>\n  This is breaking news. Check back for more analysis soon. \n</p>\n<p>\n  Write to Andrew Bary at andrew.bary@barrons.com \n</p>\n<p>\n   This content was created by Barron's, which is operated by Dow Jones &amp; Co. Barron's is published independently from Dow Jones Newswires and The Wall Street Journal. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  February 28, 2026 08:14 ET (13:14 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"IE00BK4W5M84.HKD","symbol_name":"HSBC GLOBAL FUNDS ICAV US EQUITY INDEX \"HC\" (HKD) ACC","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2614814493","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2614814493","pubTimestamp":1772284440,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Berkshire Hathaway's operating profits after taxes fell 30% in the fourth quarter to $10.2 billion, depressed by a drop of more than 50% in insurance underwriting profits and lower insurance investment income.The company bought back none of its own stock in the period, continuing a trend that began in May 2024.Berkshire's cash and equivalents stood at $373 billion at the end of 2025, down from a peak of $381 billion at the end of September.This is breaking news. 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Check back for more analysis soon. \n\n\n  Write to Andrew Bary at andrew.bary@barrons.com \n\n\n   This content was created by Barron's, which is operated by Dow Jones & Co. Barron's is published independently from Dow Jones Newswires and The Wall Street Journal. \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  February 28, 2026 08:14 ET (13:14 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}