Berkshire Q2 net earnings double to $25.7B; operating earnings up 16%

BERKSHIRE HATHAWAY INC

Q2 net earnings $25,667M vs $12,370M YoY; diluted Class A EPS $17,868 vs $8,601.
Q2 operating earnings $12,983M vs $11,160M; H1 operating $24,329M vs $20,801M.
Manufacturing/service/retail operating earnings $4,470M (Q2) vs $3,601M YoY; BNSF $1,558M.
Repurchased ~$4.5B treasury shares in Q2, ~$4.8B in H1 2026; insurance float $177.5B.
Investment gains included $10.9B unrealized Q2 2026; realized gains $1.8B after tax.

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