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EarningsCallAI

Updated May 2026

S&P 500 Earnings, Decoded for Operators

EarningsCallAI translates S&P 500 earnings calls into plain-English operator signals, revenue trends, margin shifts, guidance changes, and management tone, so founders and operators can spot what matters without reading 50-page transcripts.

310 companies. 2,480 quarters of data. Every company gets an Operator Signal Score.

Operator Signal Dashboard

42
TAILWIND
207
NEUTRAL
2
HEADWIND
59
MIXED

Tailwinds

Revenue accelerating. Demand expanding. Good signal for adjacent markets.

AMZN

Amazon.com Inc.

Consumer Discretionary

Rev: $181.5B+14.3% YoY
↗TAILWIND
GOOGL

Alphabet Inc.

Technology

Rev: $109.9B+24.5% YoY
↗TAILWIND
NVDA

NVIDIA Corporation

Technology

Rev: $57.0B+89.8% YoY
↗TAILWIND
C

Citigroup Inc.

Financials

Rev: $22.1B+10.3% YoY
↗TAILWIND
LLY

Eli Lilly and Company

Healthcare

Rev: $19.8B+73.1% YoY
↗TAILWIND
ABBV

AbbVie Inc.

Healthcare

Rev: $16.6B+10.0% YoY
↗TAILWIND

Mixed Signals

Inconsistent quarter-over-quarter. Could be seasonal or transitional.

COST

Costco Wholesale Corp.

Consumer Staples

Rev: $69.6B+12.0% YoY
↔MIXED
KR

Kroger Co.

Consumer Staples

Rev: $33.9B-0.2% YoY
↔MIXED
TSLA

Tesla Inc.

Consumer Discretionary

Rev: $22.4B-11.1% YoY
↔MIXED
BA

Boeing Company

Industrials

Rev: $22.2B+24.5% YoY
↔MIXED
PEP

PepsiCo Inc.

Consumer Staples

Rev: $19.4B-16.6% YoY
↔MIXED
CAT

Caterpillar Inc.

Industrials

Rev: $17.4B+8.1% YoY
↔MIXED
IBM

International Business Machines

Technology

Rev: $15.9B+6.3% YoY
↔MIXED
PRU

Prudential Financial

Financials

Rev: $15.5B-20.3% YoY
↔MIXED
COF

Capital One Financial

Financials

Rev: $15.2B+52.1% YoY
↔MIXED
CB

Chubb Limited

Financials

Rev: $14.8B-0.5% YoY
↔MIXED
KO

The Coca-Cola Company

Consumer Staples

Rev: $12.5B+5.2% YoY
↔MIXED

All Companies by Revenue

AMZN

Amazon.com Inc.

Consumer Discretionary

Rev: $181.5B+14.3% YoY
↗TAILWIND
WMT

Walmart Inc.

Consumer Staples

Rev: $179.5B+6.0% YoY
→NEUTRAL
UNH

UnitedHealth Group Inc.

Healthcare

Rev: $111.7B+10.8% YoY
→NEUTRAL
GOOGL

Alphabet Inc.

Technology

Rev: $109.9B+24.5% YoY
↗TAILWIND
CVS

CVS Health Corporation

Healthcare

Rev: $100.4B+5.2% YoY
→NEUTRAL
BRK-B

Berkshire Hathaway Inc.

Financials

Rev: $93.7B+0.7% YoY
→NEUTRAL
XOM

Exxon Mobil Corporation

Energy

Rev: $85.1B-5.4% YoY
→NEUTRAL
COST

Costco Wholesale Corp.

Consumer Staples

Rev: $69.6B+12.0% YoY
↔MIXED
CI

Cigna Group

Healthcare

Rev: $68.5B+7.5% YoY
→NEUTRAL
NVDA

NVIDIA Corporation

Technology

Rev: $57.0B+89.8% YoY
↗TAILWIND
ELV

Elevance Health

Healthcare

Rev: $50.2B+11.3% YoY
→NEUTRAL
CVX

Chevron Corporation

Energy

Rev: $48.6B-4.1% YoY
→NEUTRAL
GM

General Motors Company

Consumer Discretionary

Rev: $43.6B-10.5% YoY
→NEUTRAL
VZ

Verizon Communications

Communication Services

Rev: $34.4B+3.3% YoY
→NEUTRAL
KR

Kroger Co.

Consumer Staples

Rev: $33.9B-0.2% YoY
↔MIXED
PSX

Phillips 66

Energy

Rev: $32.5B-8.4% YoY
→NEUTRAL
VLO

Valero Energy Corp.

Energy

Rev: $32.4B-1.5% YoY
→NEUTRAL
T

AT&T Inc.

Communication Services

Rev: $31.5B+4.3% YoY
→NEUTRAL
BAC

Bank of America Corp.

Financials

Rev: $30.3B+19.4% YoY
→NEUTRAL
DIS

The Walt Disney Company

Communication Services

Rev: $25.2B+1.9% YoY
→NEUTRAL
TSLA

Tesla Inc.

Consumer Discretionary

Rev: $22.4B-11.1% YoY
↔MIXED
BA

Boeing Company

Industrials

Rev: $22.2B+24.5% YoY
↔MIXED
PGR

Progressive Corporation

Financials

Rev: $22.2B+12.5% YoY
→NEUTRAL
C

Citigroup Inc.

Financials

Rev: $22.1B+10.3% YoY
↗TAILWIND
PG

Procter & Gamble Co.

Consumer Staples

Rev: $21.2B-3.0% YoY
→NEUTRAL
LOW

Lowe's Companies

Consumer Discretionary

Rev: $20.8B-11.8% YoY
→NEUTRAL
GS

The Goldman Sachs Group

Financials

Rev: $20.6B-3.8% YoY
→NEUTRAL
SYY

Sysco Corporation

Consumer Staples

Rev: $20.5B+1.8% YoY
→NEUTRAL
ADM

Archer-Daniels-Midland

Consumer Staples

Rev: $20.5B+2.8% YoY
→NEUTRAL
LLY

Eli Lilly and Company

Healthcare

Rev: $19.8B+73.1% YoY
↗TAILWIND
PEP

PepsiCo Inc.

Consumer Staples

Rev: $19.4B-16.6% YoY
↔MIXED
HCA

HCA Healthcare

Healthcare

Rev: $19.1B+9.3% YoY
→NEUTRAL
MET

MetLife Inc.

Financials

Rev: $19.1B+3.4% YoY
→NEUTRAL
ACN

Accenture plc

Technology

Rev: $18.0B+8.3% YoY
→NEUTRAL
LMT

Lockheed Martin Corp.

Industrials

Rev: $18.0B+5.4% YoY
→NEUTRAL
CAT

Caterpillar Inc.

Industrials

Rev: $17.4B+8.1% YoY
↔MIXED
ALL

Allstate Corporation

Financials

Rev: $16.9B+3.0% YoY
→NEUTRAL
ABBV

AbbVie Inc.

Healthcare

Rev: $16.6B+10.0% YoY
↗TAILWIND
MRK

Merck & Co. Inc.

Healthcare

Rev: $16.3B-2.2% YoY
→NEUTRAL
IBM

International Business Machines

Technology

Rev: $15.9B+6.3% YoY
↔MIXED
COP

ConocoPhillips

Energy

Rev: $15.8B+20.9% YoY
→NEUTRAL
PRU

Prudential Financial

Financials

Rev: $15.5B-20.3% YoY
↔MIXED
COF

Capital One Financial

Financials

Rev: $15.2B+52.1% YoY
↔MIXED
CB

Chubb Limited

Financials

Rev: $14.8B-0.5% YoY
↔MIXED
PFE

Pfizer Inc.

Healthcare

Rev: $14.5B-18.4% YoY
→NEUTRAL
HPQ

HP Inc.

Technology

Rev: $14.4B+6.8% YoY
→NEUTRAL
TSN

Tyson Foods Inc.

Consumer Staples

Rev: $13.7B+0.2% YoY
→NEUTRAL
CHTR

Charter Communications

Communication Services

Rev: $13.6B-1.4% YoY
→NEUTRAL
INTC

Intel Corporation

Technology

Rev: $13.6B+2.2% YoY
→NEUTRAL
KO

The Coca-Cola Company

Consumer Staples

Rev: $12.5B+5.2% YoY
↔MIXED

Investment Themes

AI Infrastructure

Companies building and deploying AI infrastructure, chips, cloud, and platforms powering the AI wave.

20 companies3 tailwinds

Big Tech Platforms

The platform giants whose earnings move the entire market. Ad revenue, cloud, and consumer spending bellwethers.

10 companies2 tailwinds

Enterprise Software

SaaS and enterprise software, the closest read on B2B budgets and IT spending.

13 companies

Consumer Spending

Consumer discretionary bellwethers, retail, restaurants, and brand spending trends.

19 companies1 tailwinds

Healthcare & Pharma

Healthcare spending signals, pharma pipelines, diagnostics demand, and insurance trends.

23 companies2 tailwinds

Fintech & Payments

Payment volumes and financial services, the real-time pulse of consumer and business transactions.

16 companies1 tailwinds

Energy & Commodities

Energy sector earnings reveal macro trends, input costs, capex cycles, and industrial demand.

16 companies

Industrials & Capex

Industrial bellwethers, capex cycles, supply chain health, and manufacturing demand signals.

20 companies

Real Estate & REITs

Real estate investment trusts, interest rate sensitivity, occupancy trends, and property demand.

13 companies

Utilities & Infrastructure

Regulated utilities and infrastructure, rate case outcomes, energy transition investments, and demand growth.

12 companies

Travel & Leisure

Travel and leisure companies, consumer confidence, booking trends, and experience economy signals.

14 companies

Materials & Commodities

Materials and mining companies, construction demand, commodity prices, and industrial production signals.

13 companies

Frequently Asked Questions

What is the Operator Signal Score?

The Operator Signal Score rates S&P 500 companies as TAILWIND, NEUTRAL, HEADWIND, or MIXED based on revenue growth trends over the last 4 quarters. A TAILWIND means the company is seeing accelerating demand, which signals opportunity for adjacent markets and suppliers. A HEADWIND means revenue is decelerating or contracting, suggesting caution for companies in that ecosystem. MIXED signals diverging trends across business segments, like a company with growing cloud revenue but declining hardware sales.

Where does this data come from?

All financial data comes directly from SEC EDGAR XBRL filings, the same standardized data that companies are legally required to file with the Securities and Exchange Commission. Revenue, earnings per share (EPS), net income, and operating margins are extracted from quarterly 10-Q and annual 10-K filings. We process these filings within 48 hours of publication. This is audited financial data, not analyst estimates or press release numbers, which makes it more reliable for trend analysis.

Who is this for?

Startup founders and operators who want to understand what big company earnings mean for their business, without reading 50-page earnings transcripts. If Amazon is seeing AWS revenue accelerate, that matters if you sell developer tools. If consumer spending is slowing at Walmart and Target, that matters if you sell direct-to-consumer. We translate Wall Street jargon into plain-English operator signals so you can spot industry trends, identify potential customers or partners, and understand macro headwinds before they hit your revenue.

What does EPS (Earnings Per Share) mean?

Earnings Per Share (EPS) is a company's net income divided by the number of outstanding shares. It is the single most-watched metric on Wall Street because it directly measures profitability on a per-share basis. When a company "beats earnings," it means their actual EPS exceeded analyst consensus estimates. We track both GAAP EPS (which includes all costs) and adjusted EPS (which excludes one-time charges) to give you the full picture of profitability trends across quarters.

How do you determine if a company is a tailwind or headwind?

We analyze four consecutive quarters of revenue data to identify the trend direction. If year-over-year revenue growth has accelerated for two or more consecutive quarters, the company gets a TAILWIND rating. If growth has decelerated or turned negative for two or more quarters, it gets a HEADWIND. Companies with one quarter up and one down, or with diverging segment trends, receive a MIXED rating. NEUTRAL means growth is stable within a narrow band. This approach filters out single-quarter anomalies and focuses on the directional trend.

How often is the data updated?

We process new SEC filings within 48 hours of publication. Most S&P 500 companies report quarterly earnings on a predictable schedule, with the heaviest concentration in January, April, July, and October. During peak earnings season, we may process 50 or more filings per week. Signal scores are recalculated after each new quarterly filing. Between earnings seasons, the data reflects the most recently available quarter for each company.