Tech & Software · Week of Nov 2, 2026
Buybacks and one-time charges mark Q3 tech earnings
Third-quarter reports dominated the week, with several companies expanding buybacks and others posting losses tied to one-time charges.
Earnings filled the week, with most of the companies reporting on Nov. 4, 2026. Share repurchases were a recurring theme: Hut 8 raised its repurchase authorization to $1.0 billion, VIAVI announced a new $500 million program, CLEAR added $175.0 million to its authorization, and Blue Owl Technology Finance Corp. repurchased $55 million of stock during the quarter.
Several bottom lines were shaped by one-time items rather than operations. Unisys reported a $201.0 million net loss that included a $151 million non-cash pension settlement loss, Zillow Group's $158 million loss included a $165 million class action settlement, and TEN Holdings cited a $1.8 million write-off. On the growth side, VIAVI reported revenue up 56.9% and CLEAR reported revenue up 27.8%, while Wayfair returned to a profit.
Unisys Corporation
Unisys Announces 3Q26 Results
Unisys reported third-quarter 2026 revenue of $471.5 million, up 2.5% year over year, and a net loss of $201.0 million that included a $151 million non-cash pension settlement loss, net of tax, after transferring about $200 million of U.S. pension liabilities to an insurer. The company raised its 2026 constant currency revenue growth guidance to (3.0)% to (1.5)% and reaffirmed non-GAAP operating profit margin guidance of 9.0% to 11.0%.
Wayfair Inc.
Wayfair Announces Third Quarter 2026 Results, Reports Double Digit U.S. Revenue Growth
Wayfair reported third-quarter 2026 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. revenue grew 11.4% against what it describes as a roughly flat category, while International net revenue fell 2.3% to $380 million and the 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, the latter including $413.8 million of primarily unrealized gains on digital assets. The company signed a second 352 MW IT lease at Beacon Point that it says brings expected base-term contract value across its AI data center portfolio to about $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 reported third-quarter 2026 revenue of $292.9 million, up 27.8%, and net income of $75.3 million, with quarterly Free Cash Flow of $(103.8) million that the company attributes to an approximately $315 million settlement of accrued partnership liabilities. It raised full-year Free Cash Flow guidance, added $175.0 million to its buyback authorization and declared a $0.15 per share dividend payable December 24, 2026.
Zillow Group, Inc.
Zillow Group Reports Third-Quarter 2026 Financial Results
Zillow Group reported third-quarter 2026 revenue of $724 million, up 7%, and a net loss of $158 million that included a $165 million Zillow Offers securities class action settlement. Rentals revenue rose 26% and Mortgages revenue rose 32%, while Residential revenue fell 4%, which the company attributes 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, up from $16.48 at June 30, 2026, 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% the prior quarter.
VIAVI Financials
VIAVI Announces First Quarter Fiscal 2027 Results
VIAVI reported 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. Its Board authorized a new $500 million share repurchase program, and the company guided second-quarter net revenue to $505 million to $515 million.
TEN Holdings, Inc.
TEN Holdings Reports Third Quarter 2026 Financial Results
TEN Holdings reported third-quarter 2026 revenue of $640,000, up 17.9%, and a net loss of $3,734,000, with SG&A driven up by a $1.8 million write-off of capitalized service contracts and about $0.5 million in litigation-related legal expenses. Cash fell to $3.5 million from $5.8 million at June 30, 2026, and the company filed a Form S-3 for a $100 million universal shelf.
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 TechPark reporting.