Keysight Technologies, Inc. has reported its financial results for the fourth fiscal quarter and fiscal year ended October 31, 2025, demonstrating strong performance and growth. In the fourth quarter, revenue stood at $1.42 billion, a notable increase from the $1.29 billion reported in the same period last year. GAAP net income for the quarter was $229 million, while non-GAAP net income reached $331 million, both showing significant improvement from the previous year's figures of a GAAP net loss of $73 million and non-GAAP net income of $288 million.
For the full fiscal year 2025, Keysight reported revenue of $5.37 billion, up from $4.98 billion in the previous year. GAAP net income for the fiscal year was $846 million, compared to $614 million in fiscal 2024, while non-GAAP net income reached $1.24 billion, up from $1.10 billion in the previous year.
The Communications Solutions Group (CSG) reported revenue of $990 million in the fourth quarter, indicating an 11% increase over the previous year. The Electronic Industrial Solutions Group (EISG) also demonstrated growth, with revenue reaching $429 million in the fourth quarter, up 9% from the same period last year.
In terms of cash flow, the company reported cash and cash equivalents totaling $1.87 billion as of October 31, 2025. Additionally, cash flow from operations for the fiscal year 2025 was $1.41 billion, compared to $1.05 billion in the previous year. Free cash flow for the fiscal year reached $1.28 billion, up from $0.91 billion in fiscal year 2024.
Looking ahead, Keysight provided an outlook for the first fiscal quarter of 2026, with expected revenue in the range of $1.53 billion to $1.55 billion. Non-GAAP earnings per share for the first fiscal quarter of 2026 are anticipated to be in the range of $1.95 to $2.01.
In a strategic move, Keysight announced a new share repurchase program for up to $1.5 billion of its common stock, effective immediately. This program replaces the previous one and allows for the repurchase of shares through various means, subject to market conditions and other investment opportunities.
Today the company's shares have moved 2.87% to a price of $177.67. If you want to know more, read the company's complete 8-K report here.
