Keysight Technologies, Inc.'s Stock Analysis

Keysight Technologies Reports Record Second Quarter Financial Results

Keysight Technologies reported significant financial results for the second fiscal quarter ended April 30, 2026, achieving record levels in orders, revenue, earnings per share (EPS), and free cash flow. Revenue reached $1.72 billion, a 31% increase from $1.31 billion in the same quarter of the previous year. GAAP net income was $349 million, or $2.02 per share, while non-GAAP net income stood at $497 million, or $2.87 per share. The company’s cash flow from operations was $501 million, and free cash flow was $472 million, with total cash and equivalents amounting to $2.43 billion as of the end of the quarter.

The Communications Solutions Group reported revenue of $1,231 million, reflecting a 35% year-over-year increase, while the Electronic Industrial Solutions Group generated $486 million, up 24% from the previous year. In addition, Keysight recorded a $100 million receivable related to tariff refunds following a Supreme Court decision, which impacted its financial statements. The company raised its revenue expectations for the third quarter of fiscal 2026, forecasting revenue between $1.730 billion and $1.750 billion, indicating a year-over-year growth of approximately 29%.

May 19, 2026 16:08:49

Keysight Technologies Secures $750 Million Revolving Credit Facility

Keysight Technologies, Inc. has entered into an Amended and Restated Credit Agreement, establishing a $750 million five-year unsecured revolving credit facility that will expire on April 21, 2031. This agreement allows the company to request an increase in total commitments by up to $350 million, subject to certain conditions.

The Amended and Restated Credit Agreement includes standard affirmative and negative covenants, which impose restrictions on the company's ability to create liens on assets and limit subsidiaries from incurring additional debt. Failure to comply with these covenants could result in the company's outstanding debt being declared immediately due and payable.

Apr 23, 2026 08:43:38

Keysight Technologies Annual Meeting Results and Shareholder Votes

On March 19, 2026, Keysight Technologies held its Annual Meeting of Stockholders, with 155,848,414 shares of Common Stock represented, indicating a quorum of approximately 91%. The meeting addressed five proposals, including the election of directors for a three-year term and the ratification of PricewaterhouseCoopers LLP as the independent registered public accounting firm for fiscal year 2026.

Additionally, stockholders approved an advisory resolution regarding the compensation of named executive officers for fiscal year 2025, a management proposal to amend the Company’s Certificate of Incorporation to declassify the Board of Directors, and a stockholder proposal allowing for the ability to call for a special shareholder meeting.

Mar 24, 2026 09:08:13

Keysight Technologies Senior VP Announces Retirement Before Fiscal Year End

John Page, the Senior Vice President of Global Services at Keysight Technologies, has announced his intention to retire before the end of the company's fiscal year, which concludes on October 31, 2026. He has held this position since November 2015 and is stepping down for personal reasons, with no indication of disagreements with the company.

The announcement of Mr. Page's retirement may impact investor sentiment as he has been a key executive in the company for several years. The transition in leadership could lead to changes in the company's strategic direction or operations, which investors may want to monitor closely.

Mar 13, 2026 08:31:48

Keysight Technologies Reports First Quarter 2026 Financial Results

Keysight Technologies reported record revenue of $1.60 billion for the first fiscal quarter ended January 31, 2026, representing a significant increase from $1.30 billion in the same quarter last year. The company achieved a GAAP net income of $281 million, or $1.63 per share, up from $169 million, or $0.97 per share, in the previous year. Non-GAAP net income was $376 million, or $2.17 per share, compared to $317 million, or $1.82 per share, in the first quarter of 2025. Cash flow from operations also improved, reaching $441 million, with free cash flow at $407 million, both higher than the previous year.

The Communications Solutions Group (CSG) and the Electronic Industrial Solutions Group (EISG) contributed to the revenue growth, with CSG reporting $1,124 million in revenue, a 27% increase year-over-year, and EISG reporting $476 million, up 15%. The company anticipates revenue for the second fiscal quarter of 2026 to be between $1.690 billion and $1.710 billion, indicating a year-over-year growth of approximately 30%. Non-GAAP earnings per share for the upcoming quarter are projected to be between $2.27 and $2.33, based on an estimated share count.

Feb 23, 2026 16:08:46

Keysight Technologies Reports Q4 and FY2025 Financial Results

Keysight Technologies reported financial results for the fourth quarter and fiscal year 2025, showing a revenue increase to $1.42 billion for the quarter, compared to $1.29 billion in the same period last year. GAAP net income was $229 million, or $1.33 per share, recovering from a loss of $73 million in Q4 2024. For the fiscal year, revenue rose to $5.37 billion from $4.98 billion, with GAAP net income at $846 million, or $4.89 per share, up from $614 million in fiscal 2024. The company also announced a new $1.5 billion share repurchase program, effective immediately.

The Communications Solutions Group (CSG) contributed $990 million in revenue for Q4, an increase of 11% year-over-year, driven by investments in AI and defense. The Electronic Industrial Solutions Group (EISG) saw revenue of $429 million, up 9% from the previous year. Cash flow from operations was $225 million for the quarter, down from $359 million last year, while free cash flow was $188 million compared to $328 million in Q4 2024. As of October 31, 2025, the company had $1.87 billion in cash and cash equivalents.

Nov 24, 2025 16:08:48

Keysight Technologies Appoints New Board Member Keith Jensen

Keysight Technologies has expanded its Board of Directors from ten to eleven members by appointing Keith Jensen, effective November 19, 2025. Jensen, a seasoned executive with extensive experience in finance and technology, will serve as a Class I director until the 2027 Annual Meeting of Stockholders. He will also participate in the Audit and Finance and Nominating and Corporate Governance Committees. Jensen meets the independence criteria set by the Board and will receive standard compensation for his role as a non-employee director.

Additionally, Paul A. Lacouture, a current director since 2019, has announced he will not seek re-election at the 2026 Annual Meeting but will continue to serve until then. The Board will subsequently reduce its size back to ten members after Lacouture's departure. The company has expressed gratitude for Lacouture's contributions, clarifying that his decision to retire is not due to any disagreements with the company.

Nov 20, 2025 16:08:13

Keysight Technologies Completes Acquisitions to Enhance Software Portfolio

Keysight Technologies has announced the completion of its acquisitions of Spirent, Optical Solutions Group, and PowerArtist, totaling approximately $1.7 billion. These acquisitions aim to expand Keysight's software solutions in design, simulation, and assurance capabilities, particularly in sectors such as communications, aerospace, automotive, and autonomous systems. The transaction is expected to enhance Keysight's addressable market by approximately $1.25 billion and add around $375 million in revenue with a gross margin exceeding 75%.

The acquisitions are anticipated to be immediately accretive to gross margin and expected to improve operating margins post-integration. Keysight's financial position remains strong, with a cash balance exceeding $1.5 billion and low leverage ratios. The expanded portfolio will allow for greater operational synergies and increased opportunities for upselling and cross-selling within its customer base, aligning with long-term growth drivers in technology sectors such as AI and 6G.

Oct 20, 2025 17:00:41

Keysight Technologies Reports Q3 2025 Financial Results

Keysight Technologies reported its financial results for the third fiscal quarter ending July 31, 2025, revealing revenue of $1.35 billion, an increase from $1.22 billion in the same quarter of the previous year. The company's GAAP net income was $191 million, or $1.10 per share, down from $389 million, or $2.22 per share, in Q3 2024. In contrast, non-GAAP net income rose to $297 million, or $1.72 per share, compared to $275 million, or $1.57 per share, in the prior year. The company generated $322 million in cash flow from operations and reported free cash flow of $291 million, both showing improvements from the previous year.

The Communications Solutions Group (CSG) and Electronic Industrial Solutions Group (EISG) both posted revenue increases of 11% year-over-year, with CSG revenue reaching $940 million and EISG revenue at $412 million. Keysight has raised its full-year outlook, projecting fourth quarter revenues between $1.370 billion and $1.390 billion, with expected non-GAAP earnings per share in the range of $1.79 to $1.85. As of July 31, 2025, the company held $3.40 billion in cash, cash equivalents, and restricted cash.

Aug 19, 2025 16:07:08

Keysight Technologies Reports Strong Q2 2025 Financial Results

Keysight Technologies, Inc. reported its financial results for the second fiscal quarter ended April 30, 2025, achieving revenue of $1.31 billion, an increase from $1.22 billion in the same quarter last year. The company also reported a GAAP net income of $257 million, or $1.49 per share, compared to $126 million, or $0.72 per share, in the second quarter of 2024. Non-GAAP net income was $295 million, or $1.70 per share, up from $247 million, or $1.41 per share, in the previous year. Additionally, cash flow from operations significantly increased to $484 million from $110 million in the prior year, with free cash flow reaching $457 million, compared to $74 million in Q2 2024. As of April 30, 2025, the company had cash and cash equivalents totaling $3.12 billion.

The Communications Solutions Group saw revenue of $913 million, reflecting a 9 percent growth from the previous year, while the Electronic Industrial Solutions Group reported revenue of $393 million, a 5 percent increase. Looking ahead, Keysight expects third fiscal quarter 2025 revenue to be in the range of $1.305 billion to $1.325 billion, with non-GAAP earnings per share anticipated between $1.63 and $1.69. The company has raised its full-year growth expectations to align with its long-term target of 5-7% growth.

May 20, 2025 16:06:52