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Berkshire Hathaway Hits Record Cash Levels Under New CEO Greg Abel

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In its first quarter report under CEO Greg Abel, Berkshire Hathaway announced operating earnings of $11.35 billion and a record cash reserve exceeding $397 billion. This marks an increase from $373 billion at the end of 2025. Although operating earnings rose nearly 18% compared to last year, they fell short of analysts' expectations of $11.56 billion. Additionally, the company's net income for shareholders surged to approximately $10.1 billion, more than doubling from $4.6 billion in the previous year. These financial results are significant as they reflect the company's growth trajectory and Abel's leadership following Warren Buffett's tenure.

Key Details: • Berkshire Hathaway's cash reserves reached over $397 billion. • Operating earnings increased nearly 18% year-over-year. • Net income for shareholders rose to about $10.1 billion, up from $4.6 billion.

business finance berkshire-hathaway greg-abel earnings-report

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Warren BuffettBerkshire HathawayGreg Abel

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