The S&P 500 companies have reported a strong earnings performance for Q2 2025, with total earnings up 11.6% year-over-year, amid 5.8% increases in revenue. Among the 457 companies that have reported, 80.5% exceeded earnings per share (EPS) estimates, while 78.8% surpassed revenue expectations.
Looking ahead, total S&P 500 earnings for Q2 are anticipated to rise by 12.0% compared to last year, with revenue expected to increase by 6.0%. For Q3 2025, earnings are forecasted to grow by 4.8% with 5.4% higher revenues, reflecting improving expectations since the start of the quarter.
Key sectors such as Technology are projected to see significant growth, with a 10.5% increase in earnings driven by an 11.6% rise in revenues during Q3. Conversely, other sectors, including Medical and Basic Materials, are facing downward revisions in their earnings estimates.