Recent public co filings analyzed: AI not generating profit yet

An analysis of 433 U.S. public company filings from July 19 to August 17, 2026, found that 59.1% (253 of 428) mentioned AI or machine learning, but only 11.4% (47 of 411) named an internal financial or operating path, and none showed a realized profit from AI. The study, which audited 500 issuers, found only one company, Broadridge, provided a forward-looking AI productivity outlook of $25 million for FY2027, and no company demonstrated a comparable spend-to-return pair, leaving the 10% return calculation not computed.

Recorded The audited record supports exactly the narrow wording shown. 30 days ending Aug 17, 2026 What 30 days of earnings disclosures actually show Filings often mention AI. Far fewer companies explain what they spend, what changed financially, or whether the investment pays back. 253 / 428 · 59.1% of unique periodic filers mentioned AI or machine learning; 47 / 411 · 11.4% of adopters named an internal financial or operating path. 18 / 411 named a spending path, 3 / 411 gave a number, and only Incyte gave a ring-fenced total. 13 / 411 measured something, usually operations; 2 / 411 tied AI to a current issuer cost effect. 1 / 411 : Broadridge’s $25M FY2027 AI-driven productivity outlook. It is forward, not realized. 0 / 411 showed a comparable pair. The 10% return calculation is NOT COMPUTED , not zero. 22 providers sit outside the 411 and are shown separately so their much larger dollars do not distort adopter percentages. All 500 have a disposition, all 433 reporters were adjudicated, and 0 remain unresolved. 500 issuer universe 433 reporters adjudicated 411 adopters 22 providers 0 unresolved How to read each claim The audited record supports exactly the narrow wording shown. The source is real, but mixed attribution or scope makes the everyday interpretation too broad. No qualifying disclosure was found. This never means zero activity or return. This record cannot reveal undisclosed AI, the blended-program AI share, net profits, or annual S&P prevalence. Show me the evidence 03 / Company evidence Search all 433 in-window reporter records. Open any row for the disclosure, the limit on its meaning, and the retained source. Clear one or more filters to widen the evidence set. 04 / Providers Twenty-two AI technology providers are excluded from the 411-company percentages. Their larger spending and revenue evidence generally still lacks an isolated bottom-line return. 22 provider-side issuers Nine core providers and thirteen AI technology vendors are retained for comparison, not blended into the 411-company adopter denominator. 05 / Methodology The study grades what companies actually disclosed during one fixed window. It does not fill silence with estimates. Five access-limited source sets stay in the denominator. No disclosure means no qualifying evidence was found in the retained sources. It does not mean zero activity, spend, or benefit. External AI product and infrastructure economics do not enter the adopter numerator. Incidental vendors remain only when they fail the provider materiality test. Time saved, usage, seats, model quality, and anecdotes need an economic bridge before they can qualify as realized financial gain. The observation window is July 19–August 17, 2026. Each percentage names its applicable denominator above. PayPal’s $1.5B target covers a broader restructuring, AI, and automation program, so it cannot become an AI-only savings amount. A missing spend-to-return comparison is not a 0% return. The 10% return test is disabled until a valid dated cash-flow method exists. These compact codes are preserved for auditability. The page leads with their plain-English meaning. 06 / Downloads The site is a browsing layer. These retained artifacts remain the source of truth.