Tech & Software · Week of Nov 2, 2026
Guidance raises and buybacks mark tech's September-quarter results
Eight tech and software companies reported September-quarter results, with several raising guidance or expanding buybacks and dividends.
Earnings dominated the week. Waters, Unisys and Clear Secure each raised parts of their full-year 2026 guidance, while Kyndryl reaffirmed its fiscal 2027 outlook. Microchip Technology reported net sales up 42.2% year over year but guided December-quarter sales to between down 3% and up 1% sequentially.
Capital returns were a second common thread. Hut 8 raised its repurchase authorization to $1.0 billion, Clear Secure added $175.0 million to its buyback, and Blue Owl Technology Finance Corp. repurchased $55 million of stock. Microchip, Clear Secure and Blue Owl Technology Finance declared dividends. One-time charges weighed on GAAP results at several companies, including a pension settlement loss at Unisys, a class action settlement at Zillow Group and acquisition-related costs at Waters.
Microchip Technology Inc
MICROCHIP TECHNOLOGY INC
Microchip Technology reported net sales of $1.622 billion for the quarter ended September 30, 2026, up 42.2% year over year, and guided December-quarter net sales to $1.573 to $1.638 billion. It declared a quarterly dividend of 45.5 cents per share and said director Victor Peng is stepping down from the Board, citing time commitments including serving as CEO of PsiQuantum.
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, and raised full-year guidance to total reported revenue of $6.479 billion to $6.497 billion. The company also said it has acquired MOBILion Systems, Inc., a developer of SLIM high-resolution ion mobility separation technology.
Unisys Corporation
Unisys Announces 3Q26 Results
Unisys reported third-quarter revenue of $471.5 million, up 2.5% year over year, and a net loss of $201.0 million that included a non-cash pension settlement loss of $151 million, net of tax. It raised 2026 constant currency revenue growth guidance to (3.0)% to (1.5)% and said New Business TCV rose 78% to $221 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. The company says a second 352 MW IT lease at Beacon Point 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.
CLEAR
CLEAR Announces Third Quarter 2026 Financial Results
Clear Secure reported third quarter 2026 revenue of $292.9 million, up 27.8%, and net income of $75.3 million, with Total CLEAR Members reaching 46.7 million. It raised full-year Free Cash Flow guidance, added $175.0 million to its share repurchase authorization and declared a $0.15 per share dividend.
Kyndryl
KYNDRYL REPORTS SECOND QUARTER FISCAL 2027 RESULTS
Kyndryl reported revenues of $3.7 billion for its fiscal second quarter, down 1.9% year over year, with hyperscaler-related revenues of more than $550 million up 27.2%. It reaffirmed fiscal 2027 guidance and says workforce rebalancing actions 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%, with Rentals revenue up 26% and Mortgages revenue up 32%, while Residential revenue fell 4%. The company posted a net loss of $158 million that included a $165 million Zillow Offers securities class action settlement, and it attributes the Residential decline 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 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 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.
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 GrowTech Host reporting.