Discontinued — last reported Q4 '12
Net investment gains (losses)
Other Income & ExpenseBerkshire Hathaway Net investment gains (losses) increased by 244.7% to $21.94B in Q3 2025 compared to the prior quarter. Year-over-year, this metric grew by 6.9%, from $20.51B to $21.94B. Over 2 years (FY 2021 to FY 2024), Net investment gains (losses) shows a downward trend with a -18.0% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
High positive values reflect strong capital markets performance, but can create significant volatility in bottom-line earnings regardless of core operational health.
Detailed definition
The net change in the value of a company's investment portfolio, including both realized gains from sales and unrealized...
Peer comparison
Commonly scrutinized in the financial services and insurance sectors to separate investment performance from underwriting performance.
is_investment_gains_lossesHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $27.39B | $4.92B | $40.53B | -$1.98B | -$66.92B | -$13.47B | $34.76B | $33.06B | -$29.78B | $36.81B | $1.88B | $23.86B | $20.51B | $6.55B | -$6.44B | $6.36B | $21.94B |
| QoQ Change | — | -82.0% | +723.6% | -104.9% | <-999% | +79.9% | +358.1% | -4.9% | -190.1% | +223.6% | -94.9% | >999% | -14.0% | -68.1% | -198.2% | +198.9% | +244.7% |
| YoY Change | — | — | — | — | -344.3% | -373.6% | >999% | +149.4% | -121.2% | — | -94.6% | -27.8% | +168.9% | -82.2% | -443.0% | -73.3% | +6.9% |
Net investment gains (losses) at Other Companies
Frequently Asked Questions
- What is Berkshire Hathaway's net investment gains (losses)?
- Berkshire Hathaway (BRK.A) reported net investment gains (losses) of $21.94B in Q3 2025.
- How has Berkshire Hathaway's net investment gains (losses) changed year-over-year?
- Berkshire Hathaway's net investment gains (losses) increased by 6.9% year-over-year, from $20.51B to $21.94B.
- What is the long-term trend for Berkshire Hathaway's net investment gains (losses)?
- Over 2 years (2021 to 2024), Berkshire Hathaway's net investment gains (losses) has grown at a -18.0% compound annual growth rate (CAGR), from $78.54B to $52.80B.
- What does net investment gains (losses) mean?
- The profit or loss made on the company's stocks, bonds, and other financial investments.