Keysight Technologies Reports Strong Financial Results

By Tamara Parker • Tuesday, November 25 06:04 • Permanent Link

Keysight Technologies, Inc. has reported strong financial results for the fourth fiscal quarter and fiscal year ended October 31, 2025. In the fourth quarter, revenue stood at $1.42 billion, a significant increase from $1.29 billion in the same period last year. The GAAP net income for the quarter was $229 million, as compared to a net loss of $73 million in the fourth quarter of 2024. Additionally, non-GAAP net income was $331 million, up from $288 million in the fourth quarter of 2024. Cash flow from operations was $225 million, lower than $359 million last year, and free cash flow was $188 million, down from $328 million in the fourth quarter of 2024. As of October 31, 2025, cash and cash equivalents totaled $1.87 billion.

For the fiscal year 2025, Keysight reported revenue of $5.37 billion, compared to $4.98 billion in the previous year. GAAP net income for the fiscal year was $846 million, or $4.89 per share, whereas non-GAAP net income was $1.24 billion, or $7.16 per share. The company's cash flow from operations for the fiscal year was $1.41 billion, up from $1.05 billion in the prior year, and free cash flow was $1.28 billion, compared to $0.91 billion in fiscal year 2024.

In terms of reporting segments, the Communications Solutions Group (CSG) reported revenue of $990 million in the fourth quarter, up 11 percent over last year. The Electronic Industrial Solutions Group (EISG) reported revenue of $429 million in the fourth quarter, reflecting a 9 percent increase over last year.

Furthermore, Keysight also announced a new share repurchase program for up to $1.5 billion of its common stock. Looking ahead, the company's first fiscal quarter of 2026 revenue is expected to be in the range of $1.53 billion to $1.55 billion, with non-GAAP earnings per share anticipated to be in the range of $1.95 to $2.01.

These financial results and future outlook were discussed in detail in the company's conference call with investors. Following these announcements, the company's shares moved 3.56%, and are now trading at a price of $178.86. For the full picture, make sure to review Keysight Technologies's 8-K report.

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