Story perspectives
Berkshire Hathaway Doubles Profit, Cuts Cash to $365 B
8/9/2026
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Story summary
- Berkshire Hathaway cut its cash balance to $365 billion after buying $23.5 billion of stocks and repurchasing $4.6 billion of shares in Q2 2026.
- The company sold $3.7 billion of securities, resulting in a net stock purchase of $20 billion, its largest quarterly outlay since Q1 2022.
- Berkshire completed an $8.5 billion cash acquisition of homebuilder Taylor Morrison on July 24, 2026.
- Net profit more than doubled to $25.667 billion, or $17,868.44 per Class A share.
