Stock Market News for November 5, 2026

At a glance

On November 5, 2026, Atlassian reported Q1 fiscal 2027 revenue of $1,772 million and a return to GAAP profitability; IonQ raised 2026 revenue guidance to $505–$515 million and said backlog grew to $1.2 billion; Cloudflare reported Q3 revenue of $782.5 million.

Earnings and guidance

Atlassian (TEAM) announced first quarter fiscal 2027 results reporting revenue of $1,772 million, up 24% year over year, returned to GAAP profitability with GAAP operating income of $189 million and net income of $91 million for the quarter ended September 30, 2026.

Cloudflare (NET) announced third quarter 2026 financial results reporting revenue of $782.5 million, up 39% year over year, while GAAP operating loss widened to $67.9 million and net loss increased to $34.1 million for the quarter ended September 30.

Cummins (CMI) reported third quarter 2026 results with revenue of $9.4 billion, up 13% year over year, and net income attributable to Cummins of $1.14 billion, or $8.25 per diluted share.

Natera (NTRA) reported third quarter 2026 financial results with revenue of $794.0 million, up 34.1% year over year, raised 2026 revenue guidance to $3.005 billion–$3.035 billion, and expects positive cash flow.

Rockwell Automation (ROK) reported fourth quarter and full year 2026 results; introduced fiscal 2027 guidance saying full-year sales were $8,989 million, diluted EPS rose to $12.54, and it introduced guidance for further growth in fiscal 2027.

Microchip Technology (MCHP) announced financial results for second quarter of fiscal year 2027 reporting net sales of $1,621.5 million, up 42.2% year over year, GAAP net income of $373.6 million, and December-quarter sales guidance of $1.573–$1.638 billion.

Zoetis (ZTS) announced third quarter 2026 results reporting revenue of $2.4 billion, down 1% year over year, narrowed full-year 2026 revenue guidance to $9.220 billion–$9.320 billion and raised full-year adjusted EPS guidance.

Axon Enterprise (AXON) reported record Q3 2026 revenue with revenue of $909 million, up 28% year over year, returned to net profit of $57 million and announced an additional $1.2 billion Skydio investment increasing ownership to 37%.

Madison Air Solutions (MAIR) reported third quarter 2026 results with net sales of $1,126.7 million, up 25.4% year over year, net income of $107.4 million and backlog increased 119.3% to $3,187.2 million.

FIGS (FIGS) released third quarter 2026 financial results reporting net revenues of $190.7 million, up 25.7% year over year, and net income of $19.3 million, or $0.10 per diluted share.

Paylocity Holding (PCTY) announced first quarter fiscal 2027 financial results reporting revenue of $451.7 million, up 10.7% year over year, GAAP net income of $57.6 million, and raised its fiscal 2027 revenue outlook to $1.910 billion–$1.925 billion.

Arrow Electronics (ARW) reported record quarterly revenue and EPS with third-quarter revenue of $10.7 billion, up 39% year over year, and diluted EPS of $6.17.

Nova (NVMI) reported record third quarter 2026 financial results with revenue of $287.8 million, up 28% year over year, GAAP net income of $89.96 million and diluted EPS of $2.64.

Leadership changes

Natera (NTRA) announced leadership transition appointing Solomon Moshkevich chief executive officer and board member effective immediately, with Steve Chapman stepping down as CEO and remaining as a consultant and advisor to the board.

Technology and quantum

IonQ (IONQ) announced record 3Q26 revenues and raised FY2026 guidance reporting third-quarter revenue of $173.8 million, raising full-year guidance to $505–$515 million and saying contracted revenue obligations (backlog) grew to $1.2 billion.

Dropbox (DBX) announced third quarter 2026 results reporting revenue of $637.3 million, up year over year, and agreed to acquire Tigris Data (terms in the company filing).

Deals and acquisitions

Five9 (FIVN) announced third quarter 2026 financial results reporting revenue of $323.3 million, and signed a definitive agreement to acquire Level AI for $325.0 million in cash, subject to customary closing conditions and expected to close in Q4 2026.

iRhythm Holdings (IRTC) announced third quarter 2026 financial results reporting revenue of $221.6 million, raised full-year revenue guidance to $890 million–$895 million, and closed the VitalConnect acquisition on October 5, 2026.

Financings and repurchases

Halozyme Therapeutics (HALO) reported third quarter 2026 results and raises full year 2026 financial guidance with revenue of $493.0 million, raised 2026 revenue guidance to $1.860–$1.925 billion, and completed $1.5 billion in convertible-note financing plus a $400 million share offering.

Other notable news

Tapestry (TPR) reported fiscal 2027 first quarter results and raises full year outlook with quarter revenue of $1,894 million, up 11% year over year, GAAP diluted EPS of $1.76, and raised fiscal 2027 revenue guidance to $8.5 billion–$8.6 billion.