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

In the first quarter of 2025, Berkshire Hathaway's revenue was $89.725 billion, which was slightly below the $89.869 billion in the same period last year; net profit was $4.603 billion, a decrease of 64% compared to the same period last year when the profit was $12.702 billion; investment net 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, reaching a new historical high (compared to $334.2 billion at the end of the previous quarter). As of March 31, 2025, the insurance float was approximately $173 billion, an increase of around $20 billion from the end of 2024. The fair value of fixed income securities held reached $15.035 billion, with investments in U.S. bonds, foreign bonds, and corporate bonds having fair values of $4.042 billion, $9.452 billion, and $1.541 billion respectively.