Berkshire's cash reserves surge to a record $397 billion

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BlockBeats News, May 2 — In the first quarter with Greg Abel serving as CEO, Berkshire Hathaway’s cash reserves soared to a record high of $397 billion. At the end of last year, the company’s cash reserves slightly declined, but in the first quarter, they increased significantly as $8.1 billion worth of stock was net sold during this period.

Additionally, Berkshire Hathaway A (BRK.A.N) announced Q1 2026 revenue of $93.68B, compared to $89.73B in the same period last year, with a market expectation of $89.27B; net profit of $10.11B, compared to $4.6B in the same period last year, with a market expectation of $11.76B. Operating profit totaled $11.35 billion, up nearly 18% year-over-year. As of the end of Q1 2026, Berkshire Hathaway’s fair value of fixed income securities investments held reached $17.67B, compared to $17.82B in the same period last year, with investments in U.S. Treasuries, foreign bonds, and corporate bonds valued at $3.88 billion, $12.39B, and $1.19 billion respectively.

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