Q1 2026 earnings News Updates

Exxon Mobil and Chevron exceeded profit expectations as higher oil and natural gas prices outweighed production outages from the Iran war. 

Rivian posted a narrower first-quarter loss ahead of the sales debut of its new R2 SUV that’s seen as critical to the electric-vehicle maker’s future.

The most recent results were also hurt by $180 million in expenses related to an assembly plant sale and $19.9 million for severance payments in Q1.

Caterpillar’s shares more than doubled over the past year on demand for energy equipment to power data centers.

Ford boosted its full-year profit outlook on strong demand for high-margin pickups and SUVs while warning that a rise in commodity costs will weigh on earnings. 

Amazon on April 29 reported a strong increase in profit and net sales during the first quarter, helped by surging growth in its prominent cloud computing unit.

Old Dominion Freight Line saw demand for its services improve during Q1 despite a year-over-year decline in revenue and earnings, the company reported April 29.

Shares of Canadian National Railway slumped the most in more than four years after revenue came in below expectations in the first quarter.

The Jacksonville, Fla.-based motor carrier posted net income of $39.4 million, or $1.16 a diluted share, for the three months ending March 31.

Werner Enterprises said its Q1 results reflected gains from strategic efforts to reposition operations, resulting in higher revenue and a narrowed net loss.