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US economy grew at 2.1% in first quarter

The US economy expanded at an annual rate of 2.1% during the first quarter of 2026. Corporate earnings reports indicate varied performance across sectors. Several companies, including PPL Corporation, TON Strategy Company, Kimco Realty, Chatham Lodging, and Enovis, reported their quarterly results.

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What changed

Samsonite Group S.A., Marimekko, BitGo, Cerebras Systems, and Stantec have reported their financial results for the second quarter of 2026, providing insights into the current state of the economy.

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  1. US economy grew at 2.1% in first quarter

    The US economy expanded at an annual rate of 2.1% during the first quarter of 2026. Corporate earnings reports indicate varied performance across sectors. Several companies, including PPL Corporation, TON Strategy Company, Kimco Realty, Chatham Lodging, and Enovis, reported their quarterly results.

    Why it matters

    The US economy has been experiencing steady growth, driven by various factors such as consumer spending and corporate investments. The 2.1% growth rate in the first quarter sets the stage for the second quarter's performance, which has seen mixed results from companies across different sectors.

    What is confirmed

    • Samsonite Group S.A.'s first half 2026 net sales were $1,680.6 million, up 1.1%.
    • Marimekko's Q2 net sales were nearly at the previous year's record level, driven by strong growth in APAC.
    • Cerebras Systems' GAAP cloud revenue grew 281% in the second quarter 2026.
    • Stantec's net revenue increased by 11.5% to $1.8 billion in Q2 2026.
    • Stantec's adjusted EBITDA increased by 17.1% to $332.9 million in Q2 2026.

    Still unconfirmed

    • US has total control over Strait of Hormuz, according to Trump.

    What to watch next

    • US economic growth rate for the second quarter of 2026
    • Corporate earnings reports for the third quarter of 2026
    • US GDP growth rate for the full year 2026
    Sources used for this update (7)
    1. economictimes.indiatimes.com — US-Iran War Highlights News Updates: USA has total control over Strait of Hormuz, Trump says on Iran
    2. www.finanznachrichten.de — Samsonite Group S.A. Announces Results for the Period Ended June 30, 2026
    3. www.kauppalehti.fi — HALF-YEAR FINANCIAL REPORT OF MARIMEKKO, 1 Jan–30 June 2026: Marimekko's Q2 net sales nearly at previous year's record level, driven by strong growth in APAC; operating ...
    4. inews.co.uk — We’re trapped in our leasehold flat – a new nightclub has made our home unliveable
    5. www.aol.com — BitGo Announces Second Quarter 2026 Financial Results
    6. markets.businessinsider.com — Cerebras Systems Fast Inference Cloud Business Nearly Quadruples in Second Quarter 2026
    7. markets.businessinsider.com — Stantec delivers strong second quarter 2026 results, expands margins and raises adjusted EBITDA outlook for 2026
    confidence 90%

  2. US Economy Grew 2.1% in Q2 as Corporate Results Show Mixed Trends

    The US economy expanded at an annual rate of 2.1% during the second quarter of 2026. Corporate earnings reports indicate varied performance across sectors. PPL Corporation reported GAAP earnings of $0.30 per share and ongoing earnings per share of $0.33. TON Strategy Company generated $15.0 million in Gram staking revenue and held approximately 230.5 million Gram as of June 30. Other companies, including Kimco Realty, Chatham Lodging, and Enovis, reported growth in dividends, AFFO per share, and sales respectively.

    Why it matters

    These disparate financial results follow the confirmation of GDP growth. Analysts use these filings to determine if the 2.1% growth is widespread or concentrated in specific industries.

    What is confirmed

    • The US economy expanded at an annual rate of 2.1% during the second quarter of 2026.
    • PPL Corporation reported 2026 second-quarter GAAP earnings of $0.30 per share.
    • PPL Corporation achieved 2026 second-quarter ongoing earnings per share of $0.33.
    • TON Strategy Company generated $15.0 million of Gram staking revenue.
    • TON Strategy Company held approximately 230.5 million Gram at June 30.
    • Kimco Realty increased its common dividend by 12% year-over-year.
    • Chatham Lodging reported a 22 percent surge in AFFO per share.
    • Enovis saw organic growth at 5%.

    What to watch next

    • Financial results from Wendy's Company and Bonterra Energy
    • Further GDP revisions for the second quarter
    Sources used for this update (4)
    1. www.finanznachrichten.de — PPL Corporation Delivers Solid Second-Quarter 2026 Earnings; Reaffirms Guidance and Long-Term Growth Outlook
    2. www.aol.com — THE WENDY'S COMPANY REPORTS SECOND QUARTER 2026 RESULTS
    3. markets.businessinsider.com — Bonterra Energy Announces Second Quarter 2026 Results and Operations Update
    4. markets.businessinsider.com — TON Strategy Company Reports Second Quarter 2026 Financial Results
    confidence 100%

  3. US Q2 2026 GDP Confirmed at 2.1% as Corporate Earnings Vary

    The US economy expanded at an annual rate of 2.1% during the second quarter of 2026. Recent corporate filings show a fragmented recovery. Kimco Realty raised its 2026 outlook and increased its common dividend by 12% year-over-year. Chatham Lodging reported a 22 percent surge in AFFO per share and a 10 percent rise in July RevPAR. Enovis saw reported sales growth of 3%, with organic growth at 5%. Other firms, including Carriage Services and TransDigm Group, have released their most recent financial results as the market processes the confirmed GDP figure.

    Why it matters

    GDP growth serves as a primary indicator of national economic health. The 2.1% rate provides a benchmark for analyzing whether individual corporate performances align with broader macroeconomic trends. These mixed results highlight varying levels of resilience across real estate, aviation, and medical sectors.

    What is confirmed

    • The US GDP growth rate for the second quarter of 2026 was 2.1%.
    • Kimco Realty increased its common dividend 12% year-over-year and raised its 2026 outlook.
    • Chatham Lodging saw AFFO per share increase 22 percent and July RevPAR grow 10 percent.
    • Enovis reported second-quarter sales growth of 3% on a reported basis and 5% organic.
    • Enovis reported second-quarter Reconstructive sales grew 8% on a reported basis and 6% organic.
    • Landmark Bancorp, Inc. reported a 6.1% growth in earnings per share.
    • TransDigm Group reported its fiscal 2026 third quarter results on August 4, 2026.

    What to watch next

    • Full fiscal year 2026 guidance updates from the remaining S&P 500 companies
    • Official government reports on consumer spending for Q3 2026
    Sources used for this update (9)
    1. markets.businessinsider.com — Another batch of high-grade assays for FireFly’s resource update and economic studies
    2. www.aol.com — TransDigm Group Reports Fiscal 2026 Third Quarter Results
    3. www.finanznachrichten.de — TransDigm Group Inc.: TransDigm Group Reports Fiscal 2026 Third Quarter Results
    4. markets.businessinsider.com — Kimco Realty® Announces Second Quarter 2026 Results
    5. www.aol.com — United Parks & Resorts Inc. Reports Second Quarter and First Six Months 2026 Results
    6. www.manilatimes.net — Chatham Lodging Announces Second Quarter 2026 Results
    7. markets.businessinsider.com — Carriage Services Announces Second Quarter 2026 Results and Confirms 2026 Earnings Per Share Midpoint Guidance
    8. consent.yahoo.com — Sunrun Reports Second Quarter 2026 Financial Results
    9. markets.businessinsider.com — Enovis Announces Second Quarter 2026 Results
    confidence 90%

  4. US economy grew at 2.1% in Q2 2026

    The US economy expanded at an annual rate of 2.1% in the second quarter of 2026. Several companies have reported their second-quarter results, showing mixed performance. Landmark Bancorp, Inc. reported a 6.1% growth in earnings per share. The GDP growth rate for Q2 2026 was confirmed at 2.1%.

    What's confirmed:

    • The US economy grew at an annual rate of 2.1% in Q2 2026.
    • Landmark Bancorp, Inc. reported a 6.1% growth in earnings per share.
    • Stryker reported its second-quarter 2026 operating results.
    • Allegro MicroSystems reported its first-quarter 2027 results.
    Sources used for this update (6)
    1. Landmark Bancorp, Inc. Reports Second Quarter 2026 Results
    2. GDP flash estimate: Economy grew by 2.1% in Q2 2026
    3. Allegro MicroSystems Reports First Quarter 2027 Results
    4. Stryker reports second quarter 2026 operating results
    5. Madison Air Reports Second Quarter 2026 Results
    6. Madison Air Solutions Corporation: Madison Air Reports Second Quarter 2026 Results
    confidence 90%

  5. US Economy Grew 2.1% in Q1; Companies Report Q2 2026 Earnings

    The US economy expanded at an annual rate of 2.1% from January through March. Recent corporate filings show mixed second quarter 2026 results. Cognizant and Verisk both reported revenue increases.

    What's confirmed:

    • The US economy expanded at an annual rate of 2.1% from January through March.
    • Cognizant reported revenue of $5.5 billion, a 4.5% year-over-year increase.
    • Verisk reported revenue of $806 million, up 4.3%.
    • Verisk net income fell 9.8% to $229 million.
    • Cognizant saw 12% year-over-year revenue growth in Financial Services.
    Sources used for this update (6)
    1. Verisk Analytics, Inc.: Verisk Reports Second Quarter 2026 Financial Results
    2. Cognizant Technology Solutions Corporation: Cognizant Reports Second Quarter 2026 Results
    3. Cognizant Reports Second Quarter 2026 Results
    4. First Busey Corporation Announces 2026 Second Quarter Earnings
    5. Timberland Bancorp Reports Third Fiscal Quarter Net Income of $7.72 Million
    6. Omnicom Reports Second Quarter 2026 Results
    confidence 100%

  6. US Q1 Economy Grew 2.1%

    The US economy expanded at an annual rate of 2.1% from January through March. This final Bureau of Economic Analysis estimate is higher than the previous 1.6% figure. Growth follows a 0.5% expansion in the final quarter of 2025.

    What's confirmed:

    • The US economy expanded at an annual rate of 2.1% from January through March.
    • The Bureau of Economic Analysis final estimate for Q1 growth is 2.1%.
    • The US economy grew by 0.5% in the final quarter of 2025.

    Still unconfirmed:

    • Baker Hughes reported second-quarter revenue of 6.7 billion dollars.
    • TotalEnergies saw a profit jump in its upstream business due to war in the Middle East.
    Sources used for this update (2)
    1. The winners and losers in TotalEnergies’ portfolio
    2. Baker Hughes Announces Second-Quarter 2026 Results
    confidence 100%

  7. US GDP Grew 2.1% in First Quarter of 2026

    The US economy expanded at an annual rate of 2.1% from January through March. This final estimate from the Bureau of Economic Analysis represents a sharp increase over the previous estimate of 1.6%. The growth follows a slower 0.5% expansion in the final quarter of 2025.

    What's confirmed:

    • The US economy grew at an annualized rate of 2.1% in the first quarter of 2026.
    • The Bureau of Economic Analysis revised the first-quarter GDP estimate upward from 1.6%.
    • Economic growth in the final three months of 2025 was 0.5%.
    • Consumer spending softened or nearly stalled during the first quarter.

    Still unconfirmed:

    • AI-related capital expenditure accounted for roughly three-quarters of the expansion.
    • A 43-day federal government shutdown weighed on the economy in the last three months of 2025.
    • Western and Southeastern states saw economic bumps in the first quarter.
    Sources used for this update (21)
    1. US economy grew at 2.1% in first quarter
    2. US first-quarter GDP revised sharply higher; but consumer spending nearly stalls
    3. US economy expanded at solid 2.1% pace in January-March, government says, upgrading last estimate
    4. U.S. GDP Q1 2026 final estimate revised up to 2.1%
    5. An Inside Look at the Q1 2026 GDP Third Estimate
    6. Western, Southeastern states see economic bumps in first quarter
    7. U.S. GDP Growth Surpasses Expectations, Signals Economic Strength By Investing.com
    8. U.S. Personal Income and Spending, GDP, Durable Goods Orders
    9. GDP update shows 'good,' 'not great' economic growth, as consumer spending softens
    10. U.S. GDP Growth Surpasses Expectations, Signals Economic Strength
    11. US GDP final Q1 2.1% versus 1.6% estimate
    12. GDP (Third Estimate), Industries, Corporate Profits, State GDP, and ...
    confidence 100%