Companies being traded are not held back by the requirement to submit four reports a year. apple reports 10-q every three months and has more than nine hundred billion US dollars in cash equivalents. nvidia also reports 10-q every three months and is worth more than the GDP of most G20 countries. the entire S&P 500 reports 10-q every three months, and the S&P 500 has reached a new all-time high. if quarterly reporting is seriously hurting American capitalism, American capitalism is hiding it well. We have observed that.