Berkshire Hathaway has recovered some of its losses during 2026, but the investment conglomerate remains behind the broader US stock market as the year enters its second half.

Berkshire Hathaway’s Class B shares are down 1.8% year-to-date, while the S&P 500 has gained 10.7% over the same period. When dividends are included, the benchmark index has returned 11.4%, leaving Berkshire trailing by approximately 13.1 percentage points.

The company made notable progress in June, reducing nearly one-third of its performance gap with the S&P 500. At the beginning of June, Berkshire was trailing the index by 17.5 percentage points, marking its largest deficit of the year.

The strong monthly performance helped narrow the gap, although Berkshire continues to underperform the broader market in 2026.

Investors have closely monitored Berkshire Hathaway’s performance as the company navigates changing market conditions and manages its extensive portfolio of businesses and investments.

With the second half of the year underway, market participants will be watching whether Berkshire can continue its recent momentum and further reduce the performance gap with the S&P 500.