Berkshire Hathaway Q1 net profit of $4.60 billion, down 64% year-on-year

Berkshire Hathaway Quarter 1 net profit of $4.603 billion, a decrease of 64%, the same period last year profit of $12.702 billion;
Quarter 1's revenue was $89.725 billion, compared with $89.869 billion in the same period last year; Quarter 1's net investment loss was $5.038 billion, compared with a profit of $1.48 billion in the same period last year.
The company's cash position rose to $347.70 billion at the end of the first quarter, another record high.
As of the end of the first quarter of 2025, the fair value of fixed income securities investments held reached $15.035 billion, of which the fair value of investments in U.S. bonds, foreign bonds, and corporate bonds was $4.042 billion, $9.452 billion, and $1.541 billion, respectively.