Latest Berkshire Hathaway Earnings Report Q3 2025

Company Overview

Arm Holdings is a global leader in semiconductor and software design, specializing in energy-efficient processor architectures. Founded in 1990 and headquartered in Cambridge, UK, Arm is best known for developing the ARM architecture, which powers billions of devices worldwide, including smartphones, tablets, IoT devices, and data center infrastructure. Unlike traditional chip manufacturers, Arm designs and licenses its intellectual property (IP) to technology companies such as Apple, Qualcomm, and NVIDIA, enabling them to build custom processors optimized for performance and efficiency. With a strong focus on innovation, Arm continues to expand its influence in emerging fields like artificial intelligence, automotive computing, and cloud infrastructure, shaping the future of computing with cutting-edge technology solutions.

Latest Berkshire Hathaway Earnings Comparison (Q4 2024)

Historical Berkshire Hathaway Earnings Data

Berkshire Hathaway Letter to Shareholders Summary 2024

Highlights

• Strong Operating Performance: Operating earnings reached $47.4B, up from $37.4B in 2023, driven by higher investment income and insurance gains.

• Record Tax Contribution: Berkshire paid $26.8B in corporate taxes, the highest of any U.S. company, representing about 5% of total corporate tax payments.

• Insurance Strength: GEICO saw significant improvements under Todd Combs, contributing to $9B in underwriting profit.

• Investment Portfolio Update:

  • $272B in publicly traded stocks, with Apple, American Express, Coca-Cola, and Moody’s as key holdings.

  • $171B in insurance float, up from $46B two decades ago, with underwriting profits making it nearly cost-free.

• Infrastructure Investments: Increased ownership of Berkshire Hathaway Energy to 100% with a $3.9B acquisition.

• Japanese Investments Growth: Expanded holdings in ITOCHU, Marubeni, Mitsubishi, Mitsui, and Sumitomo, now valued at $23.5B.

• Financial Discipline: Despite holding substantial cash reserves, Berkshire remains focused on long-term equity investments over fixed-income assets.

Risks

• Market Volatility: The market value of Berkshire’s public holdings dropped from $354B to $272B, reflecting fluctuating asset prices.

• Insurance Exposure: Climate-related losses are increasing, and Berkshire expects “a truly staggering insurance loss” in the future.

• Regulatory Uncertainty: Increased scrutiny on large corporations could impact Berkshire’s tax and investment strategies.

• Limited Investment Opportunities: Given Berkshire’s size, acquiring companies at attractive valuations is becoming more challenging.

Opportunities

• Expanding Global Reach: Japan remains a strategic investment region, with higher expected dividends and stable yen-based borrowing costs.

• Long-Term U.S. Commitment: Berkshire will continue prioritizing American equities and businesses, emphasizing capital reinvestment.

• Technology-Driven Insurance Efficiency: AI and advanced underwriting are enhancing GEICO’s competitiveness and Berkshire’s insurance profits.

• Selective Acquisitions: Despite few current opportunities, Berkshire remains poised to act when market dislocations present value investments.

Outlook

• Stable Growth: Berkshire will continue to focus on long-term equity investments, prioritizing businesses with durable competitive advantages.

• Insurance Leadership: The company remains the largest and strongest P/C insurer, benefiting from its scale and underwriting discipline.

• Disciplined Capital Allocation: Berkshire will remain cautious in deploying capital, waiting for opportunistic investments rather than chasing short-term returns.

• CEO Transition Planning: Warren Buffett reaffirmed Greg Abel as his successor, ensuring continuity in Berkshire’s business philosophy.

The information is provided for educational purposes only and does not constitute financial advice or recommendation and should not be considered as such. Do your own research.