Tech & Software · Week of Nov 2, 2026
Earnings and buybacks lead the week in tech and software
Eight companies reported quarterly results, with several pairing earnings with larger buyback authorizations, raised guidance or acquisitions.
Earnings dominated the week of Nov 2, 2026. Waters, Wayfair, Hut 8, CLEAR, Kyndryl, Zillow Group, Blue Owl Technology Finance and VIAVI all reported results for the quarter ended September 30, 2026, or for fiscal quarters ending around that date. Several reported revenue growth. VIAVI's net revenue rose 56.9% year over year, CLEAR's rose 27.8% and Waters' organic revenue grew 9%. Kyndryl's revenue slipped 1.9% on a reported basis, and Hut 8's fell to $71.1 million from $83.5 million.
Capital return was the most common thread. Hut 8 raised its repurchase authorization to $1.0 billion, VIAVI approved a new $500 million program, CLEAR added $175.0 million to its authorization and Blue Owl Technology Finance repurchased $55 million of stock. Guidance moves also featured. Waters and CLEAR raised parts of their full-year outlooks, and Kyndryl reaffirmed its own. One-time items weighed on the bottom line at Zillow Group, which booked a $165 million class action settlement, and at Waters, whose GAAP EPS reflected acquisition-related charges.
Waters Corporation
Waters Corporation (NYSE: WAT) Reports Third Quarter 2026 Financial Results
Waters reported third quarter 2026 revenue of $1.767 billion and adjusted EPS of $4.10, raised full-year guidance to $6.479 billion to $6.497 billion in total reported revenue, and announced the acquisition of MOBILion Systems, Inc. GAAP diluted EPS fell to $0.82 from $2.50, which the company attributes to acquisition-related purchase accounting charges, acquisition-related costs and restructuring costs.
Wayfair Inc.
Wayfair Announces Third Quarter 2026 Results, Reports Double Digit U.S. Revenue Growth
Wayfair reported third-quarter total net revenue of $3.4 billion, up 9.7%, and net income of $62 million, compared with a net loss of $99 million a year earlier. The company says U.S. net revenue grew 11.4% against a roughly flat category, while international net revenue fell 2.3% and the International segment posted negative Adjusted EBITDA of $25 million.
Hut 8 Corp.
Hut 8 Reports Third Quarter 2026 Results
Hut 8 reported revenue of $71.1 million and net income of $189.5 million, including $413.8 million of primarily unrealized gains on digital assets, and signed a second 352 MW IT lease at Beacon Point. The company says the lease represents approximately $9.8 billion in expected base-term contract value and brings its AI data center portfolio total to approximately $26.6 billion; it also closed a $1.07 billion revolving credit facility and raised its repurchase authorization to $1.0 billion.
CLEAR
CLEAR Announces Third Quarter 2026 Financial Results
Clear Secure reported third quarter revenue of $292.9 million, up 27.8%, and net income of $75.3 million, with Total CLEAR Members reaching 46.7 million. Quarterly Free Cash Flow was $(103.8) million, which the company says reflects an approximately $315 million settlement of accrued partnership liabilities; the Board declared a $0.15 dividend and added $175.0 million to the repurchase authorization.
Kyndryl
KYNDRYL REPORTS SECOND QUARTER FISCAL 2027 RESULTS
Kyndryl reported fiscal second-quarter revenues of $3.7 billion, down 1.9% year over year, and net income of $59 million, while hyperscaler-related revenues of more than $550 million grew 27.2%. The company reaffirmed its fiscal 2027 guidance and says $38 million of workforce rebalancing charges are expected to produce annualized run-rate savings of approximately $400 to $500 million in fiscal 2028.
Zillow Group, Inc.
Zillow Group Reports Third-Quarter 2026 Financial Results
Zillow Group reported third-quarter revenue of $724 million, up 7%, led by a 26% rise in Rentals revenue and a 32% rise in Mortgages revenue. It posted a net loss of $158 million that included a $165 million Zillow Offers securities class action settlement, and it attributes a 4% decline in Residential revenue to higher-than-expected mortgage rates.
Blue Owl Technology Finance Corp.
Blue Owl Technology Finance Corp. Announces September 30, 2026 Financial Results
Blue Owl Technology Finance Corp. reported GAAP net investment income of $0.29 per share and a net asset value per share of $16.62, up from $16.48, and declared a fourth quarter base dividend of $0.35 per share. Investments on non-accrual rose to 1.8% at cost and 1.1% at fair value, from 0.6% and 0.1% as of June 30, 2026.
VIAVI Financials
VIAVI Announces First Quarter Fiscal 2027 Results
VIAVI reported preliminary fiscal first-quarter net revenue of $469.3 million, up 56.9% year over year, and GAAP net income of $76.0 million, compared with a net loss of $21.4 million a year earlier. The Board authorized a new $500 million share repurchase program, and the company guided second-quarter net revenue to $505 million to $515 million.
This roundup is written with AI assistance from the press releases listed above, using only what they state. The releases are the companies' own announcements, not StarFort Tech reporting.