Nvidia Wraps Up 'Magnificent Seven' Earnings Cycle With Q4 Report

The conclusion of Nvidia’s Q4 2025 earnings report marks the end of the quarterly results season for the 'Magnificent Seven' technology companies. This reporting cycle provides a comprehensive view of the group’s financial impact on the broader S&P 500 index.

Nvidia’s latest earnings report is viewed as a key indicator for demand in artificial intelligence hardware, given the company’s role in supplying chips to major technology firms. The report is also expected to offer insight into trends influencing the wider technology sector.

By February 20, 2026, a total of 427 companies in the S&P 500 had released their Q4 results, representing 85.4% of the index. These companies collectively showed a 12.8% increase in earnings and an 8.8% rise in revenues compared to the previous year.

The 'Magnificent Seven' group, which includes Nvidia, has reported strong financial performance for the quarter. Their earnings growth for Q4 is estimated at 24.2% year-over-year, with revenue growth of approximately 18.9%.

What the numbers show

• 427 S&P 500 companies reported Q4 results by February 20, 2026, covering 85.4% of the index
• The 'Magnificent Seven' are projected to contribute 25.5% of S&P 500 earnings in 2025, up from 23.2% in 2024
• As of January 28, 2026, the group accounts for 35% of S&P 500 market capitalization
• Aggregate Q4 2024 earnings growth for the group was 31.7% year-over-year

In the previous year, the 'Magnificent Seven' contributed more than half of the S&P 500’s net earnings growth, with a 52% share in 2024. This proportion is expected to decrease to 33% in 2025, reflecting shifts in the broader market’s earnings composition.

Nvidia has played a leading role in the group’s financial results, having contributed the most to earnings growth among the 'Magnificent Seven' for six consecutive quarters through Q4 2024. This trend highlights Nvidia’s influence within the technology sector and its peers.

The combined market value of the 'Magnificent Seven' reached a record 35% of the S&P 500’s total capitalization as of late January 2026. The group’s share of the index’s earnings and market value has grown over the past year, underscoring their prominence in the market.

Aggregate earnings growth for the 'Magnificent Seven' in Q4 2024 reached 31.7% year-over-year, while revenue growth stood at 12.8%. These figures demonstrate the group’s continued financial expansion relative to the broader index.

* This article is based on publicly available information at the time of writing.