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Tech Earnings Have Grown ~3.8x More Than Non-Tech

Andreessen HorowitzSeptember 2026
Tech Earnings Have Grown ~3.8x More Than Non-Tech
Chart by Andreessen Horowitz. Source: a16z.com

Line chart showing the cumulative earnings growth of S&P 500 Tech versus Non-Tech companies relative to 2010 (index 2010=100) from 2011 through projected 2026, demonstrating significantly higher growth for tech earnings.

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View the original on a16z.com

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