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Berkshire Hathaway doubles Q3 stock buybacks to $9.6B despite 5.8% drop in operating earnings

07 Nov 2026, 16:02 WIB
CNBC
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Berkshire Hathaway doubles Q3 stock buybacks to $9.6B despite 5.8% drop in operating earnings

Berkshire Hathaway repurchased $9.6 billion of its stock in Q3, more than doubling its Q2 buybacks, amid a 5.8% decline in operating earnings to $12.7 billion. The drop was driven by a 43% fall in insurance underwriting profits and a 14% decrease in insurance investment income. Despite this, earnings grew in railroad, energy, and manufacturing sectors. Overall earnings, including investment gains, fell 28% to $22.1 billion. Berkshire’s stock has outperformed recently, rising over 12% in the past month, while its cash reserves slightly increased to $377 billion.

Berkshire Hathaway's buyback activity and earnings are the subject, with Pluang's Financials-sector data providing market context as of Nov 07, 2026 20:01 WIB. Of 142 priced Financials-sector US stocks tradable on Pluang, 51 rose and 91 fell today. Notable movers include FUTU at USD 98.06 with a 1-day change of +4.27%, IBKR at USD 75.82 with a 1-day change of +4.25%, and IBN at USD 33.89 with a 1-day change of +4.18%.

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