Chicago Tech Giants Set for Earnings Reports
On April 29 and 30, 2026, major tech companies including Amazon (AMZN), Alphabet (GOOGL), Microsoft (MSFT), Meta (META), and Apple (AAPL) are expected to announce their quarterly earnings. For Q1 2026, Alphabet anticipates earnings of $2.64 per share on $92.2 billion in revenue, marking a year-over-year decline of 6.1% in earnings but a 20.6% increase in revenue. Microsoft is projected to report earnings of $4.07 per share on $81.4 billion in revenue, reflecting growth rates of 17.6% and 16.2%, respectively. The consolidated earnings growth for the Magnificent 7 group is estimated to be 20.3% on 22% higher revenues.
As of April 24, 2026, earnings reports from 138 S&P 500 companies indicate total earnings have risen by 23.1% from last year, with 76.8% surpassing EPS estimates. Looking ahead, the overall expectation for Q2 2026 earnings growth stands at 19.9%, further emphasizing the tech sector’s robust performance amidst shifting market conditions.
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