Berkshire Hathaway (BRK.Q1 net profit fell 64% year-on-year to USD 4.6 billion, cash reserves hit a new high

Berkshire Hathaway's revenue in the first quarter was $89.725 billion, nearly flat compared to $89.869 billion in the same period last year; net profit was $4.603 billion, a decrease of 64% year-on-year, down from $12.702 billion in the same period last year; the net investment loss in the first quarter was $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 (up from $334.2 billion at the end of the previous quarter). As of March 31, 2025, insurance float was approximately $173 billion, an increase of about $20 billion from the end of 2024. The fair value of fixed-income securities held reached $15.035 billion, with fair values for investments in U.S. Treasuries, foreign bonds, and corporate bonds at $4.042 billion, $9.452 billion, and $1.541 billion, respectively