Berkshire Hathaway released its Q2 2025 report, which confirms the challenging financial situation for the company. Profit has resumed its overall downward trend for the second consecutive quarter.
Operating Profit Decline
The company reported a 4% decrease in operating profit, totaling $11.16 billion compared to $11.6 billion in the same period last year. The primary cause of the decline was weak insurance results.
Cash at Record Levels, No Buybacks
Despite the profit decline, Berkshire Hathaway's cash reserves reached a record $344 billion by the end of June. However, the company did not use this capital for stock buybacks, marking the fourth consecutive quarter without such actions.
Losses from Kraft Heinz Investment
Berkshire also suffered losses from its Kraft Heinz assets, writing down the value of its shares to $8.4 billion from $17 billion, resulting from an unsuccessful merger of the companies. Analysts suggest this may give Berkshire room to exit the investment.
Berkshire Hathaway's overall financial report highlights the challenges the company faced, including declining profits, absence of stock buybacks, and significant losses from its Kraft Heinz investments.
