US Corporate Results: Growth Leaders and Laggards
This season's median revenue growth paints a starkly divergent picture. Independent Power utilities (+189.5%) and large-cap SEC filers (+23.1%) lead, while oil & gas E&P in the US/Canada (-2.4%) and US utilities (+1.7%) lag. Technology (+18.6%) and Industrials (+16.3%) show robust expansion, but Health Care (+5.8%) and Consumer Staples (+7.4%) remain subdued.
Revenue growth by industry (median YoY)
Standout Performers and Decelerators
Bloom Energy (large-cap) surged with revenue +130.4% and net profit +414.7% year over year, while Super Micro Computer (large-cap) posted +122.7% revenue growth and +344.4% net profit. Among decelerators, Robinhood Markets slowed from prior revenue growth of +58.2% to +15.1%, and Uber Technologies decelerated from +18.0% to +14.5%. Conversely, Caterpillar (Industrials) accelerated from -3.4% to +22.2% revenue growth, and GE Vernova (Industrials) jumped from +5.1% to +16.3%.
Dividend and Long-Term Growth Highlights
Dividend leaders include AT&T (yield not given, but stable) and Verizon (yield not given, but consistent). For long-term growth, NVIDIA stands out with a 3-year revenue CAGR of +100.0%, and Palantir Technologies follows with +32.9%. These names underscore the power of secular trends in AI and data analytics.
Overall, the season reveals a clear bifurcation: tech and industrials accelerate on AI and infrastructure spending, while energy and consumer staples face headwinds. Investors should watch for sustained momentum in high-growth names and potential reversals in decelerating sectors.
Players: growth & yield (no absolute levels)
| Company | Industry | Revenue YoY | EBITDA YoY | Net profit YoY |
|---|---|---|---|---|
| Walmart Inc. (FY) | Consumer staples | +4.7% | — | +12.6% |
| AMAZON COM INC (Q1) | Consumer discretionary | +16.6% | +31.0% | +76.7% |
| HOME DEPOT, INC. (FY) | Consumer discretionary | — | — | — |
| UNITEDHEALTH GROUP INC (Q1) | Health care | +2.0% | -1.6% | -0.2% |
| Apple Inc. (Q2) | Technology | — | — | — |
| Alphabet Inc. (Q1) | Communication services | +21.8% | +31.6% | +81.2% |
| MICROSOFT CORP (Q3) | Technology | +18.3% | +23.4% | +23.1% |
| NVIDIA CORP (Q1) | Technology | — | — | — |
| COSTCO WHOLESALE CORP /NEW (Q2) | Consumer staples | — | — | — |
| TJX COMPANIES INC /DE/ (FY) | Consumer discretionary | — | — | — |
| Meta Platforms, Inc. (Q1) | Communication services | +33.1% | +34.6% | +60.9% |
| Dell Technologies Inc. (Q1) | United States — large cap (SEC filings) | — | — | — |
| MICRON TECHNOLOGY INC (Q3) | Technology | — | — | — |
| VERIZON COMMUNICATIONS INC (Q1) | Communication services | +2.9% | +4.6% | +3.4% |