The Software Earnings Week: 13 Prints in Seven Days, Every Reaction Measured
A dozen software and AI-infrastructure reports in one week, each measured from its own print instant.
- 13 software and AI-infrastructure prints measured in one calendar week.
- Beats were no guarantee: 3 of 11 beats were sold within fifteen minutes.
- Every reaction measured from that company's own print instant, on one clock.
In the last week of August, 13 large software and AI-infrastructure companies reported earnings within days of each other, and our pipeline measured each first reaction from the instant it printed. The verdicts ran from -6.18% (Synopsys) to 25.46% (Elastic). 11 of the 13 beat consensus on the first headline — and 3 of those beats were sold anyway within fifteen minutes.
The week, one print at a time
| Company | Print date | First read | First 15 min |
|---|---|---|---|
| Synopsys (SNPS) | 2026-08-26 | beat | -6.18% |
| Autodesk (ADSK) | 2026-08-27 | beat | -6.12% |
| Marvell Technology (MRVL) | 2026-08-27 | beat | -3.38% |
| NVIDIA (NVDA) | 2026-08-26 | — | 0.07% |
| CrowdStrike (CRWD) | 2026-08-26 | beat | 0.84% |
| Nutanix (NTNX) | 2026-08-26 | miss | 1.80% |
| Box (BOX) | 2026-08-25 | beat | 4.93% |
| Intuit (INTU) | 2026-08-25 | beat | 5.09% |
| Veeva Systems (VEEV) | 2026-08-26 | beat | 8.72% |
| Dell Technologies (DELL) | 2026-09-01 | beat | 8.88% |
| Salesforce (CRM) | 2026-08-26 | beat | 12.37% |
| Okta (OKTA) | 2026-08-26 | beat | 15.82% |
| Elastic (ESTC) | 2026-08-27 | beat | 25.46% |
What separated the paid beats from the sold ones
The pattern in the table is guidance, size and expectation, in that order. The week's biggest measured winner, Elastic, paired its beat with a raised full-year outlook and entered the week priced for far less. The names sold on good numbers were the ones whose beats confirmed a price that already assumed them — the same mechanism our season-long study measured in August, playing out again on a single calendar week. The biggest revenue number of the week repriced the least: the market grades surprise, never size.
Which software stocks moved most on earnings in late August 2026?
Measured over the first fifteen minutes from each print: Synopsys -6.18% was the week's sharpest fall and Elastic 25.46% the strongest gain, across 13 reports measured on the same clock.
Did beating estimates lift software stocks that week?
Not reliably. 11 of the 13 companies beat on the first headline, and 3 of those beats still traded lower within fifteen minutes — beats that confirm an already-optimistic price reprice little or negatively.
How are these earnings reactions measured?
From the instant each earnings headline crossed our tape: price at the print, then one and fifteen minutes later — isolating each report's own effect rather than the day's drift.
How these numbers were measured
Every reaction figure is MoveSurge's own measurement: the price captured at the instant each headline crossed our tape, then one and fifteen minutes later. The pipeline is described on our editorial standards page.
Sources
-
Salesforce Delivers Record Second Quarter Fiscal 2027 Results
— Salesforce
Record Q2 FY2027: revenue $11.345 billion, up 10.83%, with the FY2027 outlook raised by $300 million and Agentforce annualized revenue above $1.5 billion.
-
NVIDIA Announces Financial Results for Second Quarter Fiscal 2027
— NVIDIA
Q2 FY2027 revenue of $96.2 billion, up 106%, with data center at $89.0 billion, up 117%; Q3 guided to about $108 billion assuming no China data-center compute revenue.
Never miss the next market-moving story
Seven market specialists, with experience dating back to 2006, watch global markets and U.S. stocks of every size. Start Pro to get the full live feed, clear context, measured price moves, search, watchlists, and alerts.
Start Pro — $29 for 7 days Watch CRM live -- free