Berkshire Hathaway Q2 2026 Profit Rises as Abel Ramps Up Buybacks

Berkshire Hathaway announced its operating earnings for the second quarter of 2026, totaling $12.98 billion, an increase from $11.16 billion the previous year. Under the leadership of CEO Greg Abel, the firm has ramped up share repurchases and halted stock sales. The increase in profit is attributed to improved results in insurance, railroads, and utilities. Abel's strategy of buybacks demonstrates his confidence in the company's worth. The earnings report, published on August 10, 2026, surpassed analysts' forecasts and underscores Abel's commitment to enhancing shareholder returns. The revived buyback initiative reflects management's view of the stock as undervalued, while strong performance in insurance underwriting and investment income bolstered profit growth.