Tech & Software · Week of Nov 2, 2026
Q3 results bring buybacks, deals and guidance raises
Eight companies reported quarters ended September 30, 2026, with buybacks, dividends and acquisitions recurring alongside the headline numbers.
Earnings dominated the week, with all eight releases reporting results for periods ended September 30, 2026. Several companies paired results with capital returns: Hut 8 raised its repurchase authorization to $1.0 billion, CLEAR added $175.0 million to its buyback and declared a dividend, and Blue Owl Technology Finance Corp. repurchased $55 million of stock and declared a $0.35 base dividend. Waters and CLEAR raised parts of their full-year guidance, while Kyndryl and ECARX reaffirmed or reiterated theirs.
Deals were the other recurring thread. Waters announced it has acquired MOBILion Systems, ECARX completed its acquisition of the Flyme software business, Hut 8 agreed to acquire two West Texas sites, and Payoneer says it is targeting a mid-2027 close of its acquisition by Nuvei. Cost pressure also appeared: ECARX says rising memory costs cut its gross margin to 7.0% from 21.9%, and Kyndryl recorded $38 million of workforce rebalancing 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 revenue, and announced it has acquired MOBILion Systems, a developer of SLIM ion mobility separation technology. The company says organic revenue grew 9% as reported, while GAAP diluted EPS fell to $0.82 from $2.50 on acquisition-related 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 rose 11.4% to $3.0 billion, while international net revenue fell 2.3% to $380 million and the International segment posted negative Adjusted EBITDA of $25 million.
Hut 8 Corp.
Hut 8 Reports Third Quarter 2026 Results
Hut 8 reported third-quarter 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 brings expected base-term contract value across its AI data center portfolio to approximately $26.6 billion, and its board raised the repurchase authorization to $1.0 billion on November 2, 2026.
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, and raised full-year Free Cash Flow guidance while adding $175.0 million to its share repurchase authorization. The company says quarterly Free Cash Flow of $(103.8) million reflects an approximately $315 million settlement of accrued partnership liabilities, and it now reports 46.7 million total CLEAR Members.
Kyndryl
KYNDRYL REPORTS SECOND QUARTER FISCAL 2027 RESULTS
Kyndryl reported fiscal second-quarter revenues of $3.7 billion, down 1.9% as reported, and net income of $59 million, and reaffirmed fiscal 2027 guidance. The company says hyperscaler-related revenues of more than $550 million grew 27.2%, and that workforce actions are expected to produce annualized run-rate savings of approximately $400 to $500 million in fiscal 2028.
Blue Owl Technology Finance Corp.
Blue Owl Technology Finance Corp. Announces September 30, 2026 Financial Results
Blue Owl Technology Finance Corp. reported third-quarter GAAP net investment income of $0.29 per share and net asset value per share of $16.62, and declared a fourth quarter 2026 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.
Payoneer
Payoneer Reports Third Quarter 2026 Financial Results
Payoneer reported third quarter revenue of $276.9 million, up 2%, and net income of $14.9 million, with volume up 13% to $25.3 billion and B2B volume up 59% to $5.0 billion. The company says stockholders approved the Nuvei merger agreement on September 14, 2026, and it is targeting a mid-2027 close, while take rate fell to 109 basis points from 121.
ECARX Holdings Inc.
ECARX Announces Third Quarter 2026 Unaudited Financial Results
ECARX reported unaudited third-quarter revenue of US$240.8 million, up 10%, and a net loss of US$48.6 million, and reiterated full-year 2026 revenue guidance of US$1.0-US$1.1 billion. The company attributes a drop in gross margin to 7.0% from 21.9% mainly to rising memory costs, and says total cash fell to US$53.7 million after a US$191.5 million payment for the Flyme software business.
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 Jared Tech reporting.