Berkshire Hathaway is known for its stock portfolio, but it operates many businesses beyond investments. The company owns a wide range of businesses including fast-food chains, insurance providers, and manufacturing companies. These private companies are expected to generate nearly fifty billion dollars in net operating earnings this year.
A large portion of these earnings comes from Berkshire Hathaway Energy, according to Yahoo Finance. Berkshire Hathaway Energy is a major utility company that includes PacifiCorp, MidAmerican Energy, and NV Energy. The company reports 9.4 million electric and natural gas customers and end-users worldwide and owns interests in several natural gas pipeline systems.
In the first half of 2026, Berkshire Hathaway Energy generated about $11.2 billion in revenue and $2.7 billion in pretax earnings. After-tax profit was just over $2 billion during the six-month period.
The company's performance has been steady and consistent through the years. Although it does not lead Berkshire Hathaway in size or earnings, Berkshire Hathaway Energy is still a significant part of the conglomerate.
BHE reported $26.2 billion in annual revenue and $4.1 billion in adjusted earnings on common shares in its 2026 investor presentation. The company also reported assets of $148.3 billion.
Investors may see the utility company grow even more by taking advantage of current energy demand trends. The company is also working on expanding its operations despite challenges such as long permitting processes.
Demand from data centers is becoming one source of growth. Data centers accounted for about 8 percent of MidAmerican Energy's electricity load in Iowa last year. Retail electricity volumes at Berkshire's U.S. utilities increased about 3 percent during the first half of 2026.
Berkshire Hathaway's energy holdings are an important part of its overall business strategy. These businesses help diversify the company’s income sources and support long-term growth plans.
BHE has also invested heavily in renewable power and energy storage. Its 2026 investor presentation says it has invested $45.1 billion in renewable generation and storage. About 49 percent of its owned power capacity operating or under construction was noncarbon generation at the end of 2025.
The utility sector has become increasingly important as energy demand rises across the country. Berkshire Hathaway Energy continues to play a strong role in providing reliable power to millions of customers.
Recent earnings show continued growth in Berkshire Hathaway Energy's utility operations. After-tax earnings from its U.S. utilities increased 11 percent during the first half of 2026 compared with the same period a year earlier.
With steady growth and expanding operations, Berkshire Hathaway Energy remains a key player in the utility industry.