---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-172579"
form_type: "8-K"
ticker: "BRK-B"
cik: "0001067983"
company_name: "BERKSHIRE HATHAWAY INC"
filed_at: "2025-08-04T23:59:59+00:00"
generated_at: "2026-05-17T21:20:26.622763+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Berkshire Q2 net earnings down to $12.4B from $30.3B; operating earnings flat at $11.2B

## Summary
- Net earnings $12,370M ($8,601/Class A share) vs $30,348M a year ago; includes $3.76B Kraft Heinz impairment.
- Operating earnings $11,160M, down 4% YoY from $11,598M; insurance-underwriting dipped 12% to $1,992M.
- Insurance investment income rose to $3,367M; BNSF earnings up 20% to $1,466M; manufacturing up 7%.
- Investment gains $4.97B (mostly realized) vs $18.75B in Q2 2024; float grew $3B to ~$174B.
- Foreign currency losses on non-USD debt totaled $877M in Q2, swinging from a $446M gain a year ago.

## SEC filing metadata
- accession: 0001193125-25-172579
- form_type: 8-K
- ticker: BRK-B
- cik: 0001067983
- company_name: BERKSHIRE HATHAWAY INC
- filed_at: 2025-08-04T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1067983/000119312525172579/0001193125-25-172579-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1067983/000119312525172579/d940849d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-172579
- JSON: https://secwatch.observer/filing/0001193125-25-172579.json
- Plain text: https://secwatch.observer/filing/0001193125-25-172579.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.