Keysight Technologies Inc Earnings
Keysight Technologies Inc. has reported a robust fourth quarter performance for the fiscal year ended October 31, 2025, characterized by notable revenue growth and increased profitability. The company's impressive financial results have reiterated its leadership position in providing design, emulation, and test solutions across various sectors, including communications, industrial automation, aerospace, and defense.
Keysight Technologies Inc Results
The fiscal results reflect significant gains compared to the previous year's performance. Below is a table summarizing some of the key financial metrics, illustrating year-over-year and quarter-over-quarter improvements.
| Financial Metric | Q4 2025 | Q4 2024 | Fiscal 2025 | Fiscal 2024 |
|---|---|---|---|---|
| Revenue | $1.42 billion | $1.29 billion | $5.37 billion | $4.98 billion |
| GAAP Net Income | $229 million | ($73 million) | $846 million | $614 million |
| Earnings Per Share (GAAP) | $1.33 | ($0.42) | $4.89 | $3.51 |
| Non-GAAP Net Income | $331 million | $288 million | $1.24 billion | $1.10 billion |
| Earnings Per Share (Non-GAAP) | $1.91 | $1.65 | $7.16 | $6.27 |
| Cash Flow from Operations | $225 million | $359 million | $1.41 billion | $1.05 billion |
| Free Cash Flow | $188 million | $328 million | $1.28 billion | $0.91 billion |
| Cash and Cash Equivalents | $1.87 billion (as of October 31, 2025) | - | - | - |
As the data indicates, Keysight Technologies has experienced a notable increase in both its GAAP and Non-GAAP net income, attributed to stronger revenue growth and demand for its high-value solutions.
Revenue Breakdown
Breaking down the revenue by major segments, Keysight Technologies has demonstrated positive performance across its primary business groups.
| Business Segment | Q4 2025 Revenue | Q4 2024 Revenue | Year-over-Year Growth |
|---|---|---|---|
| Communications Solutions Group (CSG) | $990 million | - | +11% |
| Electronic Industrial Solutions Group (EISG) | $429 million | - | +9% |
Segment Performance Analysis
The Communications Solutions Group (CSG) generated $990 million in the fourth quarter, marking an 11% increase from the previous year. This growth is primarily driven by continued investment in AI data center infrastructure, development in non-terrestrial network applications, and upgrades in defense modernization. On the other hand, the Electronic Industrial Solutions Group (EISG) achieved $429 million in revenue, up 9% from last year, underscoring growth in general electronics and pioneering semiconductor solutions.
Key Developments
Keysight Technologies continues to reinforce its market position through robust demand and effective execution strategies, leading to results that surpass anticipated guidance and foster order growth. A major highlight is the announcement of a new $1.5 billion share repurchase program, reflecting the company’s strong financial performance and commitment to enhancing shareholder value.
Comments from Company Officers
Satish Dhanasekaran, the President and CEO of Keysight Technologies, praised the company’s performance, stating, "Keysight delivered an outstanding quarter and strong close to the fiscal year, returning the company to full-year growth with order momentum accelerating through the year. These results reflect our leadership across the markets we serve and sustained demand for Keysight's highly differentiated solutions."
Dividends and Share Repurchases
Keysight Technologies has announced a new share repurchase authorization for $1.5 billion, which is in line with their vision to enhance shareholder returns. This program replaces any previous repurchase programs and may involve purchasing shares occasionally, subject to market conditions and other strategic opportunities. This demonstrates Keysight’s confidence in its long-term growth potential and commitment to returning capital to its investors.
Keysight Technologies Inc Stock Forecast
Based on Keysight Technologies’ strong financial performance, strategic developments, and current market positioning, the company’s stock outlook remains positive. Looking at fundamental analysis, there is room for optimistic projections in the company’s stock value, capitalizing on its consistent revenue growth, breakthrough innovations, and strong order momentum.
High Projection : Given its track record and market strategy, Keysight Technologies could see its stock price trending upwards, potentially surpassing historic highs, providing investors with significant value.
Low Projection : While the company faces uncertainties similar to any large technology firm—such as potential market volatility, geopolitical tensions, and regulatory hurdles—it is likely that its stock will maintain a steady performance given its robust operational strategies and financial health.
In summary, Keysight Technologies has successfully closed the fiscal year with impressive financial results, strategic advancements, and a promising outlook, positioning itself as a formidable player in the industry with a commitment to innovation and growth.

