Keysight Technologies, Inc. (KEYS) Financial Statements
Industry: Industrial Instruments For Measurement, Display, and Control
In fiscal 2025, Keysight Technologies reported revenue of $5.38B, up 8.0% from $4.98B the year before. Net income was $850.0M (a 15.8% net margin), or $4.91 per diluted share. Gross margin was 62.1% and operating margin was 16.3%. Operating activities generated $1.41B of cash, leaving $1.28B of free cash flow. At fiscal year end, Keysight Technologies held $11.30B in total assets against $5.42B in total liabilities, including $1.87B of cash and equivalents.
Open the full interactive Keysight Technologies financials → Quarterly statements, key ratios, valuation history and price charts.
Keysight Technologies Key Stats
| Share Price | $370.22 |
|---|---|
| Market Cap | $64.05B |
| P/E Ratio | 75.4 |
| Revenue YoY Growth | +8.0% |
| 52-Week Range | $162.19 – $388.03 |
| Shares Outstanding | 171.0 million (basic, 2026 Q3) |
Keysight Technologies Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $4.22B | $4.94B | $5.42B | $5.46B | $4.98B | $5.38B |
| Cost of Goods Sold | $1.69B | $1.87B | $1.97B | $1.93B | $1.85B | $2.04B |
| Gross Profit | $2.53B | $3.07B | $3.45B | $3.53B | $3.13B | $3.34B |
| Operating Income | $765.0M | $1.08B | $1.33B | $1.36B | $833.0M | $876.0M |
| Pre-Tax Income | $761.0M | $1.01B | $1.28B | $1.36B | $865.0M | $1.08B |
| Income Tax | $134.0M | $116.0M | $161.0M | $300.0M | $251.0M | $213.0M |
| Net Income | $627.0M | $894.0M | $1.12B | $1.06B | $614.0M | $850.0M |
| Diluted EPS | $3.31 | $4.78 | $6.18 | $5.91 | $3.51 | $4.91 |
Keysight Technologies Quarterly Results
| 2025 Q4 | 2026 Q1 | 2026 Q2 | 2026 Q3 | |
|---|---|---|---|---|
| Revenue | $1.42B | $1.60B | $1.72B | $1.85B |
| Net Income | $233.0M | $281.0M | $349.0M | $397.0M |
| Diluted EPS | $1.35 | $1.63 | $2.02 | $2.30 |
Keysight Technologies Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $1.76B | $2.05B | $2.04B | $2.47B | $1.80B | $1.87B |
| Current Assets | $3.37B | $3.83B | $4.23B | $4.81B | $4.26B | $4.35B |
| Total Assets | $7.22B | $7.78B | $8.10B | $8.68B | $9.27B | $11.30B |
| Current Liabilities | $1.08B | $1.31B | $1.41B | $2.05B | $1.43B | $1.85B |
| Total Long-Term Debt | $1.79B | $1.79B | $1.79B | $1.79B | $1.79B | $2.53B |
| Total Liabilities | $3.92B | $4.00B | $3.94B | $4.03B | $4.16B | $5.42B |
| Shareholders' Equity | $3.30B | $3.78B | $4.16B | $4.65B | $5.11B | $5.88B |
Keysight Technologies Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $1.02B | $1.32B | $1.14B | $1.41B | $1.05B | $1.41B |
| Cash From Investing | -$442.0M | -$353.0M | -$251.0M | -$288.0M | -$819.0M | -$1.73B |
| Cash From Financing | -$413.0M | -$671.0M | -$861.0M | -$687.0M | -$913.0M | $385.0M |
| Free Cash Flow | $899.0M | $1.15B | $959.0M | $1.21B | $898.0M | $1.28B |
Figures from Keysight Technologies' 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Keysight Technologies financials page for every line item.
Keysight Technologies Company Profile
| Ticker | KEYS |
|---|---|
| Exchange | NYSE |
| Industry | Industrial Instruments For Measurement, Display, and Control |
| Headquarters | Santa Rosa, California |
| Incorporated in | Delaware |
| Fiscal Year End | October 31 |
| SEC Filer Category | Large accelerated filer |
| SEC CIK | 0001601046 |
Frequently Asked Questions
What was Keysight Technologies' revenue in fiscal 2025?
Keysight Technologies (KEYS) reported revenue of $5.38B for fiscal 2025.
What is Keysight Technologies' annual revenue history?
Keysight Technologies' annual revenue by fiscal year: 2020: $4.22B; 2021: $4.94B; 2022: $5.42B; 2023: $5.46B; 2024: $4.98B; 2025: $5.38B.
What was Keysight Technologies' net income in fiscal 2025?
Keysight Technologies reported net income of $850.0M for fiscal 2025.
What was Keysight Technologies' earnings per share (EPS) in fiscal 2025?
Keysight Technologies' diluted EPS was $4.91 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did Keysight Technologies generate in fiscal 2025?
Keysight Technologies generated $1.28B of free cash flow in fiscal 2025.
What was Keysight Technologies' revenue last quarter?
In its most recent reported quarter (2026 Q3), Keysight Technologies reported revenue of $1.85B.
How much debt does Keysight Technologies have?
Keysight Technologies reported $2.53B of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of Keysight Technologies are outstanding?
Keysight Technologies reported a weighted average of 171.0 million basic shares outstanding in 2026 Q3.
What is Keysight Technologies' market cap?
Based on its latest closing price, Keysight Technologies (KEYS) has a market capitalization of about $64.05B.
When does Keysight Technologies' fiscal year end?
Keysight Technologies' fiscal year end, as registered with the SEC, is October 31.
Where is Keysight Technologies headquartered?
Keysight Technologies lists its business address in Santa Rosa, California in its SEC filings.