Berkshire Hathaway Q1 Profit Rises 18% as Cash Nears $400B
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Berkshire Hathaway Q1 operating earnings rose 18% to $11.35B (from $9.64B a year earlier); revenue $93.7B beat the $89.3B estimate while net income was $10.1B, missing the $11.8B forecast. - Cash pile nears $400B under new CEO Greg Abel, a large liquidity pool that could influence institutional allocation and market impact on crypto, DeFi and broader investment/fundraising decisions.
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- Berkshire Hathaway’s Q1 operating earnings rose 18% to $11.35 billion from $9.64 billion a year earlier.
- Revenue came in at $93.7 billion, beating the $89.3 billion estimate, according to Dino Breaking News.
- Net income reached $10.1 billion, missing the $11.8 billion forecast cited in the same report.
Berkshire Hathaway reported higher first-quarter operating profit as its cash pile moved closer to $400 billion. Investing.com reported that operating earnings rose 18% to $11.35 billion from $9.64 billion a year earlier, marking the first results under new chief executive Greg Abel.
The results showed mixed signals from Omaha ahead of Berkshire’s annual meeting. Revenue reached $93.7 billion and beat the $89.3 billion estimate, according to Dino Breaking News, while net income came in at $10.1 billion and missed the $11.8 billion forecast.
Operating Profit Ris…
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