Berkshire Hathaway Chairman Warren Buffett seen at the annual Berkshire shareholder shopping day in Omaha, Nebraska, U.S., May 3, 2019.
Scott Morgan | Reuters
Second-quarter operating profit declined 11% to $6.14 billion from $6.89 billion a year earlier.
Berkshire also said quarterly net income rose 17%, reflecting larger gains from investments than a year earlier.
Net income rose to $14.07 billion, or $8,608 per Class A share, from $12.01 billion, or $7,301 per Class A share, a year earlier.