Berkshire Hathaway (BRK-B) Q2 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure
Key numbers
- Adjusted EPS
- $6.03
- Estimate
- $5.13
- Surprise
- +17.4%
- Revenue (period 2026-06-30)
- $70.11B
- Score at report (before → after)
- 6.3 → 6.2/10
Revenue source: xbrl.
How the report landed
Berkshire Hathaway (BRK-B) beat the $5.13 estimate with adjusted EPS of $6.03 — a large 17.4% upside surprise. TrendMatrix's engine moved from Buy (Wait) (6.3/10) to Hold at 6.2/10 after the report — the engine's score fell despite the beat.
Where TrendMatrix's rating stands now
TrendMatrix currently rates BRK-B Hold at 6.2/10.
3 of the last 4 quarters beat the estimate; this quarter's +17.4% surprise compares with a +5.5% four-quarter average. Next scheduled report: 2026-11-07.
What supports the rating
- Sector modifier (Financial Services): +1.0
- Strong earnings beat streak (3/4)
What argues against it
- Cyclical risk: PE expanding 1.8x (earnings normalizing)
- Analyst target reached - limited upside remaining
- Negative momentum
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $502.65
- Price target
- $513.27
- Stop
- $490.83
- Upside to target
- +2.1%
Forward estimates sit below the trailing run-rate (23.2× forward vs 12.6× trailing) — consensus expects earnings to decline from here.
Model outputs from TrendMatrix’s engine as of 2026-10-03 — shown for context, not personalized investment advice.
BRK-B at TrendMatrix's latest read
For financials, the EPS print is only half the story: credit costs, reserve builds, and rate sensitivity decide how a quarter actually lands.
- Industry
- Insurance - Diversified
- Market cap
- $1076.03B
- P/E (fwd)
- 23.2
- P/E (ttm)
- 12.6
- 52-week range
- $464.01–$537.74
- Off 52-week high
- 6.5%
- RSI (14)
- 36
- Volume vs avg
- 0.90×
- Score today
- 6.2/10