Berkshire Hathaway didn’t just report earnings this quarter; it sent a clear message. In Q2 2025, Warren Buffett’s timeless investment firm posted $12.37 billion in net earnings to shareholders, down sharply from $30.3 billion in the year-ago period.

Warren Buffett is stepping down soon as the CEO of Berkshire Hathaway, but he still has some time left to make decisions in his role. It will be intriguing to see whether or not incoming CEO Greg Abel makes any major changes to the company's equity portfolio when he takes over.

Buffett, who oversees the company’s share repurchase programme, stopped buying back Berkshire shares in May 2024. He repurchases stock when he “believes that the repurchase price is below Berkshire’s intrinsic value”, according to company filings.