--- title: "EARNINGS REPORT: Q2 2020" description: In our latest report, our research team reviews earnings updates across our innovation indices with better than expected earnings results in 2Q20. image: https://insights.roboglobaletfs.com/hubfs/Earnings%20Trends%20Q2%202020.png --- - [![](https://px.ads.linkedin.com/collect/?pid=2261676&conversionId=4842593&fmt=gif)Newsletter Signup](https://insights.roboglobaletfs.com/earnings-report-q2-2020#newsletter-form) ### Newsletter Form ROBO Global uses this information to keep you up to date on the latest investment insights and technology trends. You may unsubscribe from these communications at any time. For more information, check out our [Privacy Policy](https://insights.roboglobaletfs.com/privacy). If you cannot see the form above, you may have an ad blocker preventing it from loading. 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[![VettaFi_ROBO_WHITE-1](https://insights.roboglobaletfs.com/hs-fs/hubfs/VettaFi_ROBO_WHITE-1.png?width=4320&height=1440&name=VettaFi_ROBO_WHITE-1.png "VettaFi_ROBO_WHITE-1")](https://www.roboglobal.com/) - [RESEARCH & INSIGHTS](http://www.roboglobal.com/research-insights) - [MEET THE EXPERTS](http://www.roboglobal.com/about-us) - ROBO Global Indexes - [ROBO Index](https://www.roboglobal.com/robo-global-indices/robo-index/) - [THNQ Index](https://www.roboglobal.com/robo-global-indices/thnq-index/) - [HTEC Index](https://www.roboglobal.com/robo-global-indices/htec-index/) - [How to Invest](https://www.roboglobal.com/robo-etfs) - [ESG](http://www.roboglobal.com/esg-policy) # Investment Insights Authored by: ROBO Global Research Team Date: September 23, 2020 Category: [THNQ](https://insights.roboglobaletfs.com/tag/thnq), [HTEC](https://insights.roboglobaletfs.com/tag/htec), [Market Commentary](https://insights.roboglobaletfs.com/tag/market-commentary), [ROBO](https://insights.roboglobaletfs.com/tag/robo), [Research Report](https://insights.roboglobaletfs.com/tag/research-report) Share this: - - - - [mailto:?subject=EARNINGS%20REPORT:%20Q2%202020&body=EARNINGS%20REPORT:%20Q2%202020%20https://insights.roboglobaletfs.com/earnings-report-q2-2020](mailto:?subject=EARNINGS%20REPORT:%20Q2%202020&body=EARNINGS%20REPORT:%20Q2%202020%20https://insights.roboglobaletfs.com/earnings-report-q2-2020) ##### Related Posts - [![Turnkey Tech Investing: August 2023 Market Brief](https://insights.roboglobaletfs.com/hubfs/ROBOBrief_Blog%20+%20Turnkey%20Tech-Sep-20-2023-04-28-59-7091-PM.png) Turnkey Tech Investing: August 2023 Market Brief](https://insights.roboglobaletfs.com/turnkey-tech-investing-august-2023) - [![AR / VR Will Break Barriers Between the Physical & Digital Worlds](https://insights.roboglobaletfs.com/hubfs/AR%20VR%20Trends%20Blog%20Thumbnail.png) AR / VR Will Break Barriers Between the Physical & Digital Worlds](https://insights.roboglobaletfs.com/ar-vr-will-break-barriers-between-the-physical-and-digital-worlds) - [![Q2 In Review: Inside the ROBO, THNQ & HTEC Indexes](https://insights.roboglobaletfs.com/hubfs/Q1%202021-1.png) Q2 In Review: Inside the ROBO, THNQ & HTEC Indexes](https://insights.roboglobaletfs.com/q2-in-review-inside-the-robo-thnq-htec-indexes) - [![Automation Isn't Just For the Fortune 500](https://insights.roboglobaletfs.com/hubfs/SMEs%20Automation%20Webinar%20Deck%20(Tifin)%20(1).png) Automation Isn't Just For the Fortune 500](https://insights.roboglobaletfs.com/automation-isnt-just-for-the-fortune-500) ## EARNINGS REPORT: Q2 2020 ![EARNINGS REPORT: Q2 2020](https://insights.roboglobaletfs.com/hubfs/Earnings%20Trends%20Q2%202020.png) In our latest report, our research team reviews earnings updates across our innovation indices with better than expected earnings results in 2Q20. We review both the fundamentals and areas of interest across robotics, AI and healthcare technology. [![RESEARCH REPORT: Q2 EARNINGS REPORT](https://no-cache.hubspot.com/cta/default/7764048/adeada89-80e6-46d6-b09d-4028ef576b52.png)](https://cta-redirect.hubspot.com/cta/redirect/7764048/adeada89-80e6-46d6-b09d-4028ef576b52) ## SUMMARY ROBO: Robotics & Automation Index With the better than expected 2Q20 earnings season behind us, we review fundamentals as well as areas of strength (Artificial Intelligence) and weakness (automotive manufacturing and 3D printing). After significant downward revisions in March–June, earnings estimates have turned back up, and while the ROBO index is up 16% YTD to new all-time highs, about a quarter of its constituents remain more than 20% below prior highs. [Learn more about investing in robotics & automation](https://www.roboglobal.com/robo-global-indices/robo-index/)   **THNQ: Artificial Intelligence Index** The ROBO Global Artificial Intelligence Index (THNQ) delivered solid 2Q earnings performance. Median sales growth for the 70 members of the THNQ Index was 21%, with one-quarter of index members growing sales by 40% or more during the quarter. This was driven by the explosive growth in enterprise cloud solutions and business infrastructure spending to accommodate the massive shift to remote work and online shopping. [Learn more about investing in AI](https://www.roboglobal.com/robo-global-indices/thnq-index/)   **HTEC: Healthcare Technology & Innovation Index** The Healthcare Technology and Innovation Index (HTEC) recorded its first quarterly revenue contraction in at least 10 years, with sales declining by 4% YoY at the median, compared to 6% growth in the prior quarter and a long-term average of 11%. EPS also declined YoY for the first time in at least a decade, with a 37% drop at the median, compared with 8% growth a year ago. While Medical Instruments, Robotics, and Genomics experienced sales declines in the 17–23% range, Telehealth, Precision Medicine, and Diagnostics continued on their robust growth trajectory. [Learn more about investing in healthcare technology](https://www.roboglobal.com/robo-global-indices/htec-index/)   [![RESEARCH REPORT: Q2 EARNINGS REPORT](https://no-cache.hubspot.com/cta/default/7764048/adeada89-80e6-46d6-b09d-4028ef576b52.png)](https://cta-redirect.hubspot.com/cta/redirect/7764048/adeada89-80e6-46d6-b09d-4028ef576b52)   [Back to All Entries](https://insights.roboglobaletfs.com) VettaFi, a data, analytics, and thought leadership company, is transforming financial services from an industry to a community—one relationship at a time. In addition to providing interactive online tools and research, VettaFi offers asset managers an array of indexing and digital distribution solutions to innovate and scale their businesses. With billions in assets benchmarked to its indices– and more than 200 customers globally – asset managers look to VettaFi for benchmarks and best-in-class index solutions. VetttaFi owns and administers the ROBO Global Index Series. ## Navigation - [Home](http://www.roboglobal.com) - [ROBO Research](http://www.roboglobal.com/whitepapers) - [Investment Insights](https://insights.roboglobaletfs.com) - [ROBO Index](http://www.roboglobal.com/robo-global-indices/robo-index) - [THNQ Index](http://www.roboglobal.com/robo-global-indices/thnq-index) - [HTEC Index](http://www.roboglobal.com/robo-global-indices/htec-index) ### Newsletter Signup My rich text default content © 2026 ROBO Global Index, LLC. 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