Total S&P 500 earnings for the first quarter of 2026 are projected to rise by 12.0% year-over-year, driven by an 8.6% increase in revenues. This follows a 14% earnings growth reported in the last quarter of 2025, which was supported by a 9.1% revenue increase.
The Tech sector is anticipated to be a significant contributor, with an expected earnings growth of 24.8% in Q1 2026. Excluding Tech, overall earnings growth for the S&P 500 would drop to 5.5%. Positive revisions in estimates across most sectors, including Energy, Finance, and Basic Materials, continue to support this favorable outlook despite geopolitical tensions that have affected market sentiment.
