Warren Buffet’s Berkshire Hathaway experienced a significant decline in profits for the first quarter of 2025. The company reported a net income of $4.603 billion, down by 64% compared to the same period last year when it earned $12.702 billion. Revenue dipped slightly to $89.725 billion from $89.869 billion in the previous year. Furthermore, Berkshire Hathaway incurred a net investment loss of $5.038 billion during this quarter, contrasting with a profit of $1.48 billion in the same period last year. Despite these challenges, the company’s cash reserves surged to an all-time high of $347.7 billion at the end of the first quarter of 2025 from $334.2 billion previously.