Berkshire Hathaway's Q2 Financial Performance

Berkshire Hathaway Inc. reported a slight decline in its second-quarter revenue for fiscal 2025, totaling $92.5 billion, a 1.2% decrease compared to the same period last year.

Significant Drop in Net Earnings

The company experienced a sharp 59.2% year-over-year drop in net earnings attributable to Berkshire shareholders, amounting to $12.4 billion. Similarly, net earnings per average equivalent Class B share fell by 59% to $5.73. Operating earnings also saw a decrease, down 3.9% to $11.2 billion.

Economic and Geopolitical Uncertainties

In its report, Berkshire Hathaway highlighted the potential negative impacts of changing macroeconomic conditions and geopolitical events on its operations and investments. "Changes in international trade policies and tariffs, among other factors, may adversely affect our financial results and the valuation of our investments and operating businesses," the company stated, acknowledging the difficulty in predicting these effects.