Berkshire Hathaway Energy generated more than $2 billion in after-tax profits during the first half of 2026, with $11.2 billion in revenue and $2.7 billion in pretax earnings. The utility expects similar performance in the second half.
CEO Greg Abel has signaled that powering artificial intelligence data centers is a priority. At Berkshire's May shareholders meeting and again in a September CNBC interview, Abel said hyperscale data center operations represent a significant growth opportunity for the company. The constraint, he noted, is not electricity supply or capital—it is permitting and site preparation.
Berkshire Energy serves 13 million customers and operates multiple natural gas pipeline networks. Its scale trails major competitors: Duke Energy reported $32.2 billion in sales and $4.9 billion in net income for 2025; Southern Company posted $29.5 billion in revenue and $4.3 billion in net income; NextEra Energy had $27.4 billion in revenue and $7.7 billion in adjusted earnings; Constellation Energy collected $25.5 billion in revenue.
The energy segment is one piece of Berkshire's broader portfolio. Wholly owned businesses are projected to generate nearly $50 billion in net operating earnings this year, while the equity portfolio stands at roughly $360 billion. Insurance remains the largest operating business, followed by manufacturing, services, and retail—including Dairy Queen and Pilot travel centers.
Berkshire Hathaway Inc. Class B shares (BRK.B) have traded between $464.01 and $537.74 over the past 52 weeks.
