US earnings calls, October 2026: Thermo Fisher raises guidance, banks revise outlooks

Thermo Fisher Scientific raised its fiscal year 2026 revenue guidance to $47.7 billion-$48.2 billion. SpaceX said it is on track to reach $100 billion in annualized revenue by the end of calendar year 2026.

An update from FactIQ, written from company statements in earnings calls of companies listed in the United States. What is FactIQ?

Key figures

Thermo Fisher Scientific, revenue guidance, fiscal year 2026

$47.7 billion-$48.2 billionraised; stated by the chief executive; 7%-8% reported growth over 2025

SpaceX, annualized revenue target, end of calendar year 2026

$100 billionstated by the chief financial officer; measured using December annualized revenue

SpaceX, capital expenditures, fourth quarter of fiscal year 2026

$35 billion to $40 billionstated by the chief financial officer; due to additional capacity coming online

East West Bancorp, net interest income growth guidance, fiscal year 2026

9%-10%raised; stated by the chief executive, citing the September rate hike

Thermo Fisher Scientific raised several full-year targets

The chief executive said the company expects fiscal year 2026 revenue to represent 7%-8% reported growth over 2025, with organic revenue growth now expected to be 4%. The company raised its adjusted earnings per share (EPS) guidance to $25.13-$25.43, representing 10%-11% growth over 2025. The chief financial officer said results for the third quarter of fiscal year 2026 were significantly ahead of prior guidance. The company also raised its free cash flow outlook to $7–$7.5 billion.

SpaceX expects higher spending as capacity comes online

The chief financial officer said the company now expects capital expenditures of $35 billion to $40 billion in the fourth quarter of fiscal year 2026. The chief financial officer linked this to additional capacity coming online. The $100 billion revenue goal uses December annualized revenue as the measure. The chief executive said SpaceX now sees a small, non-zero possibility of having more than 20 gigawatts of superintelligence compute online next year.

Regional banks moved their net interest income guidance in different directions

Net interest income (NII) is what a bank earns on loans minus what it pays on deposits.

East West Bancorp raised its fiscal year 2026 NII growth guidance to 9%-10%, citing the September rate hike.
Western Alliance revised its fiscal year 2026 NII growth outlook to 11%-12% from 12%-14%. It raised its non-interest income growth outlook to 18%-21% from 13%-17%.
Hancock Whitney revised its fiscal year 2026 NII growth guidance to 9%–9.5%. The chief financial officer said the company is likely to pause additional share repurchases in the fourth quarter.
Capital One said ending loans excluding Discover grew about 6% year-over-year in the third quarter of fiscal year 2026.

Other companies reported mixed operating trends

Intuitive Surgical said U.S. da Vinci procedures grew 10% in the third quarter of fiscal year 2026, compared with 16% growth in the prior-year quarter.
Grupo Aeroportuario del Pacifico said passenger traffic declined 1.4% year over year in the third quarter of fiscal year 2026.
Stride reported revenue of USD 639.4 million for the first quarter of fiscal year 2027, up 3%. It said total enrollment was 241,400, down from 247,700.
Netflix said it will provide fiscal year 2027 guidance in January.

About FactIQ and these updates

What FactIQ is. FactIQ is a database of official statistics from government agencies, central banks and international organisations in the US, China, India, Europe and elsewhere. AI assistants such as Claude and ChatGPT connect to it to look up the exact figures and cite the agency that published them. It also holds what companies report in their filings and say on their earnings calls.

How an update is made. FactIQ reads each new earnings call or filing and stores the statements with numbers, each with the exact quote it came from. An AI model then writes a short summary of those statements. Before it is published, code checks that every number in the summary matches a stored statement, and a second review checks that nothing is overstated or presented as fact when the company only expects it.

What this is not. The figures are what each company said or filed. FactIQ does not rate companies or recommend shares.