Earnings Season Is Almost Done. A Big Report Is Coming Up

Earnings Season Is Almost Done. A Big Report Is Coming Up

David Marino-Nachison

Mon, August 24, 2026 at 5:47 PM GMT+3 2 min read

• NVDA +2.19%
• ^GSPC +0.32%

What You Need to Know

• Nearly all S&P 500 companies have reported strong second-quarter earnings, with profits up 50% year-over-year.

• Nvidia, the world's most valuable chipmaker, is expected to report over $92 billion in quarterly revenue.

• Investors are watching Nvidia's results for signs of continued growth in AI infrastructure spending.

Investor attention will undoubtedly focus this week on the latest quarterly results from Nvidia. In the meantime, second-quarter numbers have already come in strong.

Nearly all of the companies in the S&P 500—467 of them, or 94%, according to a Monday note from Oppenheimer—have already reported, with profits rising nearly 50% year-over-year on 14% revenue growth.

The earnings growth has been broad-based, with only one of the index's 11 sectors, healthcare, down year-over-year, according to Oppenheimer. (Healthcare is one of five sectors where not all the results are in the books yet.)

Eighteen more companies are expected to report this week, Oppenheimer said. The big one is Nvidia (NVDA), which is set to report Wednesday after the bell. The chip giant, the world's most valuable publicly traded company, is expected to report more than $92 billion in quarterly revenue.

Investors tend to have high expectations for Nvidia's earnings, with the company beating earnings-per-share and revenue expectations in 18 and 19 of the past 20 quarters, respectively, according to Freedom Capital Markets Chief Market Strategist Jay Woods.

"Investors will want another beat-and-raise quarter, but more importantly, confirmation that the massive AI infrastructure spending cycle remains alive and well," Woods wrote in comments Monday.

Read the original article on Investopedia