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Q1 Earnings: Tech Carries the Tape

Author: Samuel Miller
CFA®, CFP®, CAIA®
Executive Vice President of Investment Strategy
May 11, 2026

CHART OF THE WEEK

Q1 Earnings: Tech Carries the Tape

S&P 500 blended Q1 2026 EPS growth: +27.7%, the highest growth rate since Q4 2021.

What the chart shows, and why it matters for your portfolio

First-quarter earnings season is nearly complete, and the results have been the strongest since the pandemic-era recovery in late 2021. With 89% of S&P 500 companies having reported, the index is on track for blended year-over-year earnings growth of 27.7%, a number that is more than double what analysts were expecting at the end of March. more


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