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Keysight Technologies, Inc.

Keysight Technologies, Inc.

NYSE•KEYS
CEO: Mr. Satish C. Dhanasekaran
Sector: Technology
Industry: Hardware, Equipment & Parts
Listing Date: 2014-10-20
Keysight Technologies, Inc. provides electronic design and test solutions to commercial communications, networking, aerospace, defense and government, automotive, energy, semiconductor, electronic, and education industries in the Americas, Europe, and the Asia Pacific. The company operates in two segments, Communications Solutions Group and Electronic Industrial Solutions Group. It offers electronic design automation (EDA) software; instrument measurement software, instrument workflow software, and software testing; digital multimeter, phase noise measurement, power meters and power sensors, counters, LCR meters and impedance measurement products, and electrometers; and spectrum analyzers, network analyzers, logic analyzers, protocol analyzers and exercisers, bit error ratio testers, noise figure analyzers, AC and DC power analyzers, materials test equipment, device current waveform analyzers, and curve tracers. The company also provides waveform and function generators, arbitrary waveform generators, DC power supplies, and DC electronic loads; wireless drive test, radio access and core network test, wireless analyzers, wireless network emulators, and over-the-air test; application and threat intelligence, cloud test, cyber training simulator, network test hardware, synthetic traffic generators, protocol and load test, network security test, and network modeling; bypass switches, clock synchronization, cloud visibility, network and application monitoring, network packet brokers, and network taps; and application-specific test systems, photonic test and measurement products, and MMIC millimeter-wave and microwave devices. In addition, it offers product support, technical support, installation, training, engineering, and integration services. The company sells its products through direct sales force, distributors, resellers, and manufacturer's representatives. Keysight Technologies, Inc. was founded in 1939 and is headquartered in Santa Rosa, California.
Contact Information
1400 Fountaingrove Parkway, Santa Rosa, CA, 95403-1738, United States
800-829-4444
www.keysight.com
Market Cap
$35.88B
P/E (TTM)
42.7
43
Dividend Yield
--
52W High
$214.58
52W Low
$121.43
52W Range
94%
Rank33Top 18.8%
5.2
F-Score
Modified Piotroski Analysis
Based on 10-year fundamentals
Average • 5.2 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2015-2024

Financial Dashboard

Q4 2025 Data

Revenue

$1.42B+10.26%
4-Quarter Trend

EPS

$1.32-414.29%
4-Quarter Trend

FCF

$225.00M-29.91%
4-Quarter Trend

2025 Q3 Earnings Highlights

Key Highlights

Nine Month Revenue Growth Total revenue reached $3.96B USD for nine months, marking a 7% increase year-over-year driven by CSG and EISG segments.
Strong Operating Cash Flow Operating cash flow provided $1.18B USD for nine months, significantly increasing $491M compared to the prior year period.
Total Assets Increase Total assets grew to $10.65B USD as of July 31, 2025, up from $9.27B USD at fiscal year-end October 31, 2024.
Diluted EPS Moderation Diluted net income per share was $3.56 USD for nine months, reflecting a 10% decrease from $3.92 USD last year.

Risk Factors

Economic Volatility and Tariffs Global economic uncertainty, inflation, and new/retaliatory tariffs may increase manufacturing costs and reduce customer demand significantly.
Intellectual Property Litigation Ongoing patent disputes, including Centripetal Networks claims, could result in costly litigation, licensing expenses, or injunctions.
Tax Refund Lawsuit Risk Lawsuit seeking $107M tax refund faces uncertainty; adverse outcome requires reversing prior benefit, materially increasing tax liability.
Geopolitical Turmoil Risks International conflicts and trade restrictions threaten supply chains, increase operating costs, and may cause operational disruptions globally.

Outlook

R&D Investment Strategy Continued commitment to R&D investments targeting next-generation technologies like 5G/6G, AI, and high-speed data center infrastructure.
Capital Spending Plans Expect capital spending of approximately $135M USD in fiscal 2025, focused on capacity expansion and technology investments.
Pending Acquisition Completion Expect completion of Spirent acquisition in Q4 2025, subject to regulatory review, alongside pending Synopsys OSG acquisition review.
Net Zero Emissions Commitment Achieving net zero Scope 1 and 2 emissions by 2040 requires significant capital improvements and compliance with evolving regulations.

Peer Comparison

Revenue (TTM)

Jabil Inc.JBL
$29.80B
+3.2%
Flex Ltd.FLEX
$26.33B
+3.5%
Nokia OyjNOK
$21.80B
+5.9%

Gross Margin (Latest Quarter)

Trimble Inc.TRMB
68.9%
+3.2pp
Keysight Technologies, Inc.KEYS
61.2%
-1.1pp
Nokia OyjNOK
44.2%
-1.5pp

Key Metrics

Symbol
Market Cap
P/E (TTM)
ROE (TTM)
Debt to Assets
KEYS$35.88B42.715.2%24.6%
CLS$35.25B50.638.5%11.9%
NOK$33.89B24.55.8%11.3%

Long-Term Trends

Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
3.0%
Moderate Growth
4Q Net Income CAGR
10.7%
Profitability Improving
Cash Flow Stability
100%
Strong Cash Flow

Research & Insights

Next earnings:Feb 24, 2026
|
EPS:$1.96
|
Revenue:$1.54B
Reports
All Years
  • Form 10-Q - Q3 2025

    Period End: Jul 31, 2025|Filed: Aug 29, 2025|
    Revenue: $1.35B+11.1%
    |
    EPS: $1.11-50.4%
    Miss
  • Form 10-Q - Q2 2025

    Period End: Apr 30, 2025|Filed: Jun 3, 2025|
    Revenue: $1.31B+7.4%
    |
    EPS: $1.49+106.9%
    Miss
  • Form 10-Q - Q1 2025

    Period End: Jan 31, 2025|Filed: Mar 6, 2025|
    Revenue: $1.30B+3.1%
    |
    EPS: $0.98+0.0%
    Miss
  • Form 10-K - FY 2024

    Period End: Oct 31, 2024|Filed: Dec 17, 2024|
    Revenue: $4.98B-8.9%
    |
    EPS: $3.53-40.6%
    Beat
  • Form 10-Q - Q3 2024

    Period End: Jul 31, 2024|Filed: Aug 29, 2024|
    Revenue: $1.22B-11.9%
    |
    EPS: $2.24+38.3%
    Beat
  • Form 10-Q - Q2 2024

    Period End: Apr 30, 2024|Filed: May 31, 2024|
    Revenue: $1.22B-12.5%
    |
    EPS: $0.72-54.7%
    Miss
  • Form 10-Q - Q1 2024

    Period End: Jan 31, 2024|Filed: Mar 5, 2024|
    Revenue: $1.26B-8.8%
    |
    EPS: $0.98-32.9%
    Miss
  • Form 10-K - FY 2023

    Period End: Oct 31, 2023|Filed: Dec 15, 2023|
    Revenue: $5.46B+0.8%
    |
    EPS: $5.94-4.8%
    Miss