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SEC eyes shift to twice-yearly earnings reports

Dominic-Madori Davis
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⚡ Quantum Brief
The SEC is drafting a proposal to shift public companies from quarterly to semiannual earnings reports, citing cost and administrative burdens as key drivers for the change. SEC Chairman Paul Atkins and President Trump support the move, arguing it could incentivize more companies to go public by reducing compliance pressures. The proposal, expected within weeks, will undergo a public comment period and vote, though implementation remains distant as exchanges begin preliminary discussions. The EU and UK eliminated mandatory quarterly reporting a decade ago, adopting semiannual rules, though many firms still voluntarily report quarterly. Critics say quarterly demands deter IPOs, with proponents claiming semiannual filings could ease market volatility while maintaining transparency.
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In Brief Posted: 5:27 PM PDT · March 16, 2026 Image Credits:Getty Images Dominic-Madori Davis SEC eyes shift to twice-yearly earnings reports The SEC is working on a proposal to allow public companies to release earnings reports twice a year instead of quarterly, per the WSJ. Chatter about making the 50-plus-year-old quarterly requirement optional has picked up steam in the past year, as companies lament the cost and burden of preparing for quarterly earnings. The requirement is also thought to be one reason why some companies choose to stay private longer. Those in favor of change hope that a semiannual requirement will encourage more companies to go public by making it easier to maintain public company status. SEC Chairman Paul Atkins and President Trump have both voiced support for the idea. The Journal reports that the SEC has already begun discussions with exchanges about potential next steps, though any change is still a long way away. If the SEC releases its proposal — which could come within the next few weeks — it will be subject to a public comment period and then a vote. There is precedent for this rule, notes the Journal. Both the European Union and the U.K. eliminated mandatory quarterly reporting roughly a decade ago in favor of semiannual disclosures, though many companies in both markets still report quarterly by choice. Topics big tech, Government & Policy, public companies, public markets, stocks June 9 Boston, MA Actively scaling? Fundraising? Planning your next launch?TechCrunch Founder Summit 2026 delivers tactical playbooks and direct access to 1,000+ founders and investors who are building, backing, and closing. REGISTER NOW Newsletters See More Subscribe for the industry’s biggest tech news TechCrunch Daily News Every weekday and Sunday, you can get the best of TechCrunch’s coverage. TechCrunch Mobility TechCrunch Mobility is your destination for transportation news and insight.

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