According to BlockBeats, on May 2nd, Berkshire Hathaway's cash reserves jumped to a record high of $397 billion in its first quarter as CEO, Greg Abel's first. While the company's cash reserves declined slightly at the end of last year, they increased significantly in the first quarter due to net sales of $8.1 billion in stock during that period.
In addition, Berkshire Hathaway A (BRK.AN) reported Q1 2026 revenue of $93.675 billion, compared to $89.725 billion in the same period last year, and market expectations of $89.274 billion; net income was $10.106 billion, compared to $4.603 billion in the same period last year, and market expectations of $11.762 billion. Operating profit totaled $11.35 billion, an increase of nearly 18% year-over-year. At the end of Q1 2026, Berkshire Hathaway's fixed-income securities investments had a fair value of $17.669 billion, compared to $17.816 billion in the same period last year. Of this, investments in US Treasury bonds, foreign bonds, and corporate bonds had fair values of $3.88 billion, $12.391 billion, and $1.19 billion, respectively.
