Berkshire Hathaway's Q1 net profit fell to $4.6 billion, cash reserves reached a new record.

GoldenOctober2024

2025-05-03 12:13:31

Jin10 reported on May 3 that Berkshire Hathaway’s net profit for the first quarter was $4.603 billion, a decrease of 64% year-on-year, compared to a profit of $12.702 billion in the same period last year; first-quarter revenue was $89.725 billion, compared to $89.869 billion in the same period last year; the first quarter saw a net investment loss of $5.038 billion, compared to a profit of $1.48 billion in the same period last year. As of the end of the first quarter of 2025, Berkshire Hathaway’s cash position rose to $347.7 billion, setting a new historical high. (The previous quarter’s end was $334.2 billion)

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