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Keysight Technologies

NYSE: KEYS · USD

Keysight Technologies financials

6 charts

Revenue

USD millions

$1,846M
Keysight Technologies Revenue. Quarterly values and changes versus the preceding comparable period. Missing values are unavailable.
PeriodRevenue
FY 2015 Q1$701M; Change unavailable vs FY 2014 Q4
FY 2015 Q2$740M; +5.6% vs FY 2015 Q1
FY 2015 Q3$665M; −10.1% vs FY 2015 Q2
FY 2015 Q4$750M; +12.8% vs FY 2015 Q3
FY 2016 Q1$721M; −3.9% vs FY 2015 Q4
FY 2016 Q2$731M; +1.4% vs FY 2016 Q1
FY 2016 Q3$715M; −2.2% vs FY 2016 Q2
FY 2016 Q4$751M; +5.0% vs FY 2016 Q3
FY 2017 Q1$726M; −3.3% vs FY 2016 Q4
FY 2017 Q2$753M; +3.7% vs FY 2017 Q1
FY 2017 Q3$832M; +10.5% vs FY 2017 Q2
FY 2017 Q4$878M; +5.5% vs FY 2017 Q3
FY 2018 Q1$837M; −4.7% vs FY 2017 Q4
FY 2018 Q2$990M; +18.3% vs FY 2018 Q1
FY 2018 Q3$1,004M; +1.4% vs FY 2018 Q2
FY 2018 Q4Unavailable; Change unavailable vs FY 2018 Q3
FY 2019 Q1$1,006M; Change unavailable vs FY 2018 Q4
FY 2019 Q2$1,090M; +8.3% vs FY 2019 Q1
FY 2019 Q3$1,087M; −0.3% vs FY 2019 Q2
FY 2019 Q4$1,120M; +3.0% vs FY 2019 Q3
FY 2020 Q1$1,095M; −2.2% vs FY 2019 Q4
FY 2020 Q2$895M; −18.3% vs FY 2020 Q1
FY 2020 Q3$1,011M; +13.0% vs FY 2020 Q2
FY 2020 Q4$1,220M; +20.7% vs FY 2020 Q3
FY 2021 Q1$1,180M; −3.3% vs FY 2020 Q4
FY 2021 Q2$1,221M; +3.5% vs FY 2021 Q1
FY 2021 Q3$1,246M; +2.0% vs FY 2021 Q2
FY 2021 Q4$1,294M; +3.9% vs FY 2021 Q3
FY 2022 Q1$1,250M; −3.4% vs FY 2021 Q4
FY 2022 Q2$1,351M; +8.1% vs FY 2022 Q1
FY 2022 Q3$1,376M; +1.9% vs FY 2022 Q2
FY 2022 Q4$1,443M; +4.9% vs FY 2022 Q3
FY 2023 Q1$1,381M; −4.3% vs FY 2022 Q4
FY 2023 Q2$1,390M; +0.7% vs FY 2023 Q1
FY 2023 Q3$1,382M; −0.6% vs FY 2023 Q2
FY 2023 Q4$1,311M; −5.1% vs FY 2023 Q3
FY 2024 Q1$1,259M; −4.0% vs FY 2023 Q4
FY 2024 Q2$1,216M; −3.4% vs FY 2024 Q1
FY 2024 Q3$1,217M; +0.1% vs FY 2024 Q2
FY 2024 Q4$1,287M; +5.8% vs FY 2024 Q3
FY 2025 Q1$1,298M; +0.9% vs FY 2024 Q4
FY 2025 Q2$1,306M; +0.6% vs FY 2025 Q1
FY 2025 Q3$1,352M; +3.5% vs FY 2025 Q2
FY 2025 Q4Unavailable; Change unavailable vs FY 2025 Q3
FY 2026 Q1$1,600M; Change unavailable vs FY 2025 Q4
FY 2026 Q2$1,717M; +7.3% vs FY 2026 Q1
FY 2026 Q3$1,846M; +7.5% vs FY 2026 Q2
Jan 31, 2015 through Sep 25, 2026

Free cash flow

USD millions

$403M
Keysight Technologies Free cash flow. Quarterly values and changes versus the preceding comparable period. Missing values are unavailable.
PeriodFree cash flow
FY 2015 Q1$77M; Change unavailable vs FY 2014 Q4
FY 2015 Q2$52M; −32.5% vs FY 2015 Q1
FY 2015 Q3$100M; +92.3% vs FY 2015 Q2
FY 2015 Q4$55M; −45.0% vs FY 2015 Q3
FY 2016 Q1$58M; +5.5% vs FY 2015 Q4
FY 2016 Q2$89M; +53.4% vs FY 2016 Q1
FY 2016 Q3$54M; −39.3% vs FY 2016 Q2
FY 2016 Q4$124M; +129.6% vs FY 2016 Q3
FY 2017 Q1$86M; −30.6% vs FY 2016 Q4
FY 2017 Q2$32M; −62.8% vs FY 2017 Q1
FY 2017 Q3$77M; +140.6% vs FY 2017 Q2
FY 2017 Q4$46M; −40.3% vs FY 2017 Q3
FY 2018 Q1$147M; +219.6% vs FY 2017 Q4
FY 2018 Q2$77M; −47.6% vs FY 2018 Q1
FY 2018 Q3$-2M; −102.6% vs FY 2018 Q2
FY 2018 Q4$201M; +10150.0% vs FY 2018 Q3
FY 2019 Q1$209M; +4.0% vs FY 2018 Q4
FY 2019 Q2$192M; −8.1% vs FY 2019 Q1
FY 2019 Q3$244M; +27.1% vs FY 2019 Q2
FY 2019 Q4$233M; −4.5% vs FY 2019 Q3
FY 2020 Q1$165M; −29.2% vs FY 2019 Q4
FY 2020 Q2$275M; +66.7% vs FY 2020 Q1
FY 2020 Q3$151M; −45.1% vs FY 2020 Q2
FY 2020 Q4$308M; +104.0% vs FY 2020 Q3
FY 2021 Q1$267M; −13.3% vs FY 2020 Q4
FY 2021 Q2$369M; +38.2% vs FY 2021 Q1
FY 2021 Q3$217M; −41.2% vs FY 2021 Q2
FY 2021 Q4$295M; +35.9% vs FY 2021 Q3
FY 2022 Q1$182M; −38.3% vs FY 2021 Q4
FY 2022 Q2$245M; +34.6% vs FY 2022 Q1
FY 2022 Q3$192M; −21.6% vs FY 2022 Q2
FY 2022 Q4$340M; +77.1% vs FY 2022 Q3
FY 2023 Q1$306M; −10.0% vs FY 2022 Q4
FY 2023 Q2$370M; +20.9% vs FY 2023 Q1
FY 2023 Q3$196M; −47.0% vs FY 2023 Q2
FY 2023 Q4$340M; +73.5% vs FY 2023 Q3
FY 2024 Q1$281M; −17.4% vs FY 2023 Q4
FY 2024 Q2$74M; −73.7% vs FY 2024 Q1
FY 2024 Q3$222M; +200.0% vs FY 2024 Q2
FY 2024 Q4$321M; +44.6% vs FY 2024 Q3
FY 2025 Q1$346M; +7.8% vs FY 2024 Q4
FY 2025 Q2$457M; +32.1% vs FY 2025 Q1
FY 2025 Q3$291M; −36.3% vs FY 2025 Q2
FY 2025 Q4$187M; −35.7% vs FY 2025 Q3
FY 2026 Q1$407M; +117.6% vs FY 2025 Q4
FY 2026 Q2$472M; +16.0% vs FY 2026 Q1
FY 2026 Q3$403M; −14.6% vs FY 2026 Q2

Net margin

%

21.51%
Keysight Technologies Net margin. Reported fiscal history.
Fiscal period%
FY 2015 Q19.99%
FY 2015 Q212.97%
FY 2015 Q310.53%
FY 2015 Q436.93%
FY 2016 Q18.88%
FY 2016 Q212.04%
FY 2016 Q312.73%
FY 2016 Q412.25%
FY 2017 Q115.01%
FY 2017 Q26.51%
FY 2017 Q3-2.16%
FY 2017 Q4-4.33%
FY 2018 Q111.23%
FY 2018 Q26.46%
FY 2018 Q312.05%
FY 2018 Q4—
FY 2019 Q111.33%
FY 2019 Q214.04%
FY 2019 Q314.63%
FY 2019 Q417.41%
FY 2020 Q114.89%
FY 2020 Q27.93%
FY 2020 Q317.41%
FY 2020 Q417.79%
FY 2021 Q114.58%
FY 2021 Q215.23%
FY 2021 Q320.39%
FY 2021 Q421.79%
FY 2022 Q118.32%
FY 2022 Q219.1%
FY 2022 Q324.56%
FY 2022 Q420.72%
FY 2023 Q118.83%
FY 2023 Q220.36%
FY 2023 Q320.84%
FY 2023 Q417.24%
FY 2024 Q113.66%
FY 2024 Q210.36%
FY 2024 Q331.96%
FY 2024 Q4-5.67%
FY 2025 Q113.02%
FY 2025 Q219.68%
FY 2025 Q314.13%
FY 2025 Q4—
FY 2026 Q117.56%
FY 2026 Q220.33%
FY 2026 Q321.51%

P/E

× · TTM · Daily

49.72×
Keysight Technologies P/E. Monthly closing observations; inspect daily values with the chart arrow keys.
Close date× · TTM · DailyFinancials through
2015-12-31—2015-10-31
2016-01-29—2015-10-31
2016-02-29—2015-10-31
2016-03-31—2016-01-31
2016-04-29—2016-01-31
2016-05-31—2016-01-31
2016-06-30—2016-04-30
2016-07-29—2016-04-30
2016-08-31—2016-04-30
2016-09-30—2016-07-31
2016-10-31—2016-07-31
2016-11-30—2016-07-31
2016-12-30—2016-07-31
2017-01-31—2016-07-31
2017-02-28—2016-07-31
2017-03-31—2017-01-31
2017-04-28—2017-01-31
2017-05-31—2017-01-31
2017-06-30—2017-04-30
2017-07-31—2017-04-30
2017-08-31—2017-04-30
2017-09-29—2017-04-30
2017-10-31—2017-04-30
2017-11-30—2017-04-30
2017-12-29—2017-10-31
2018-01-31—2017-10-31
2018-02-28—2017-10-31
2018-03-29—2017-10-31
2018-04-30—2017-10-31
2018-05-31—2017-10-31
2018-06-29—2017-10-31
2018-07-31—2017-10-31
2018-08-31—2017-10-31
2018-09-28—2017-10-31
2018-10-31—2017-10-31
2018-11-30—2017-10-31
2018-12-31—2018-10-31
2019-01-31—2018-10-31
2019-02-28—2018-10-31
2019-03-29—2018-10-31
2019-04-30—2018-10-31
2019-05-31—2019-04-30
2019-06-28—2019-04-30
2019-07-31—2019-04-30
2019-08-30—2019-04-30
2019-09-30—2019-07-31
2019-10-31—2019-07-31
2019-11-29—2019-07-31
2019-12-31—2019-10-31
2020-01-31—2019-10-31
2020-02-28—2019-10-31
2020-03-31—2020-01-31
2020-04-30—2020-01-31
2020-05-29—2020-01-31
2020-06-30—2020-04-30
2020-07-31—2020-04-30
2020-08-31—2020-04-30
2020-09-30—2020-07-31
2020-10-30—2020-07-31
2020-11-30—2020-07-31
2020-12-31—2020-10-31
2021-01-29—2020-10-31
2021-02-26—2020-10-31
2021-03-31—2021-01-31
2021-04-30—2021-01-31
2021-05-28—2021-01-31
2021-06-30—2021-04-30
2021-07-30—2021-04-30
2021-08-31—2021-04-30
2021-09-30—2021-07-31
2021-10-29—2021-07-31
2021-11-30—2021-07-31
2021-12-31—2021-10-31
2022-01-31—2021-10-31
2022-02-28—2021-10-31
2022-03-31—2021-10-31
2022-04-29—2021-10-31
2022-05-31—2021-10-31
2022-06-30—2021-10-31
2022-07-29—2021-10-31
2022-08-31—2022-07-31
2022-09-30—2022-07-31
2022-10-31—2022-07-31
2022-11-30—2022-07-31
2022-12-30—2022-07-31
2023-01-31—2022-07-31
2023-02-28—2022-07-31
2023-03-31—2022-07-31
2023-04-28—2022-07-31
2023-05-31—2022-07-31
2023-06-30—2022-07-31
2023-07-31—2022-07-31
2023-08-31—2022-07-31
2023-09-29—2022-07-31
2023-10-31—2022-07-31
2023-11-30—2022-07-31
2023-12-29—2022-07-31
2024-01-31—2022-07-31
2024-02-29—2022-07-31
2024-03-28—2022-07-31
2024-04-30—2022-07-31
2024-05-31—2022-07-31
2024-06-28—2022-07-31
2024-07-31—2022-07-31
2024-08-30—2022-07-31
2024-09-30—2022-07-31
2024-10-31—2022-07-31
2024-11-29—2022-07-31
2024-12-3145.78×2024-10-31
2025-01-3150.83×2024-10-31
2025-02-2845.47×2024-10-31
2025-03-3142.65×2025-01-31
2025-04-3041.41×2025-01-31
2025-05-3044.72×2025-01-31
2025-06-3038.2×2025-04-30
2025-07-3138.22×2025-04-30
2025-08-2938.1×2025-04-30
2025-09-3055.63×2025-07-31
2025-10-3158.18×2025-07-31
2025-11-2862.95×2025-07-31
2025-12-3164.62×2025-07-31
2026-01-3068.8×2025-07-31
2026-02-2797.74×2025-07-31
2026-03-3150.78×2026-01-31
2026-04-3062.93×2026-01-31
2026-05-2960.84×2026-01-31
2026-06-3057.46×2026-04-30
2026-07-3152.37×2026-04-30
2026-08-3152.97×2026-04-30
2026-09-2549.72×2026-07-31

ROIC

% · Annual / TTM

20%
Keysight Technologies ROIC. Reported fiscal history.
Fiscal period% · Annual / TTM
FY 2015 Q1—
FY 2015 Q2—
FY 2015 Q3—
FY 2015 Q4—
FY 2016 Q1—
FY 2016 Q2—
FY 2016 Q3—
FY 2016 Q4—
FY 2017 Q1—
FY 2017 Q2—
FY 2017 Q3—
FY 2017 Q47.8%
FY 2018 Q1—
FY 2018 Q2—
FY 2018 Q3—
FY 2018 Q4—
FY 2019 Q1—
FY 2019 Q2—
FY 2019 Q3—
FY 2019 Q419.88%
FY 2020 Q120.28%
FY 2020 Q218.48%
FY 2020 Q317.76%
FY 2020 Q420.51%
FY 2021 Q119.6%
FY 2021 Q225.03%
FY 2021 Q326.07%
FY 2021 Q427.9%
FY 2022 Q128.43%
FY 2022 Q230.43%
FY 2022 Q331.74%
FY 2022 Q431.39%
FY 2023 Q131.17%
FY 2023 Q230.84%
FY 2023 Q327.74%
FY 2023 Q426.82%
FY 2024 Q121.91%
FY 2024 Q218.15%
FY 2024 Q3—
FY 2024 Q413.03%
FY 2025 Q112.39%
FY 2025 Q213.11%
FY 2025 Q38.75%
FY 2025 Q412.09%
FY 2026 Q114.33%
FY 2026 Q217.75%
FY 2026 Q320%

Capital allocation

% of tracked cash uses

$260M
Keysight Technologies capital allocation. Quarterly values. Missing values are unavailable.
PeriodCapexAcquisitionsBuybacksDividendsDebt repaymentsTracked uses
FY 2015 Q1100% · $15MUnavailableUnavailableUnavailableUnavailable100% · $15M
FY 2015 Q2100% · $16MUnavailableUnavailableUnavailableUnavailable100% · $16M
FY 2015 Q3100% · $35MUnavailable0% · $0MUnavailableUnavailable100% · $35M
FY 2015 Q44.33% · $26M95.67% · $574M0% · $0MUnavailableUnavailable100% · $600M
FY 2016 Q1100% · $34MUnavailableUnavailableUnavailableUnavailable100% · $34M
FY 2016 Q2100% · $28MUnavailableUnavailableUnavailableUnavailable100% · $28M
FY 2016 Q338.89% · $14MUnavailable61.11% · $22MUnavailableUnavailable100% · $36M
FY 2016 Q4100% · $15MUnavailable0% · $0MUnavailableUnavailable100% · $15M
FY 2017 Q1100% · $16MUnavailableUnavailableUnavailableUnavailable100% · $16M
FY 2017 Q2100% · $17MUnavailableUnavailableUnavailableUnavailable100% · $17M
FY 2017 Q3100% · $21MUnavailable0% · $0MUnavailableUnavailable100% · $21M
FY 2017 Q4100% · $18MUnavailable0% · $0MUnavailableUnavailable100% · $18M
FY 2018 Q1100% · $24MUnavailable0% · $0MUnavailableUnavailable100% · $24M
FY 2018 Q254.84% · $34MUnavailable45.16% · $28MUnavailableUnavailable100% · $62M
FY 2018 Q343.48% · $40MUnavailable56.52% · $52MUnavailableUnavailable100% · $92M
FY 2018 Q442.5% · $34M7.5% · $6M50% · $40MUnavailableUnavailable100% · $80M
FY 2019 Q143.66% · $31M0% · $0M56.34% · $40MUnavailableUnavailable100% · $71M
FY 2019 Q250% · $29M0% · $0M50% · $29MUnavailableUnavailable100% · $58M
FY 2019 Q316.57% · $30M49.72% · $90M33.7% · $61MUnavailableUnavailable100% · $181M
FY 2019 Q450.85% · $30MUnavailable49.15% · $29MUnavailableUnavailable100% · $59M
FY 2020 Q128.32% · $32M4.42% · $5M67.26% · $76MUnavailableUnavailable100% · $113M
FY 2020 Q216.08% · $23M0% · $0M83.92% · $120MUnavailableUnavailable100% · $143M
FY 2020 Q39.12% · $32M90.88% · $319M0% · $0MUnavailableUnavailable100% · $351M
FY 2020 Q410.79% · $30M11.87% · $33M77.34% · $215MUnavailable0% · $0M100% · $278M
FY 2021 Q119.44% · $28M66.67% · $96M13.89% · $20MUnavailableUnavailable100% · $144M
FY 2021 Q211.26% · $33M13.65% · $40M75.09% · $220MUnavailableUnavailable100% · $293M
FY 2021 Q333.33% · $40M0% · $0M66.67% · $80MUnavailableUnavailable100% · $120M
FY 2021 Q415.6% · $73M8.97% · $42M75.43% · $353MUnavailable0% · $0M100% · $468M
FY 2022 Q116.47% · $42M2.75% · $7M80.78% · $206MUnavailableUnavailable100% · $255M
FY 2022 Q215.54% · $53M2.93% · $10M81.52% · $278MUnavailableUnavailable100% · $341M
FY 2022 Q311.15% · $32M5.57% · $16M83.28% · $239MUnavailableUnavailable100% · $287M
FY 2022 Q431.52% · $58M0% · $0M68.48% · $126MUnavailableUnavailable100% · $184M
FY 2023 Q132.43% · $60M0% · $0M67.57% · $125MUnavailableUnavailable100% · $185M
FY 2023 Q238.41% · $53M61.59% · $85M0% · $0MUnavailableUnavailable100% · $138M
FY 2023 Q322.96% · $45M0% · $0M77.04% · $151MUnavailable0% · $0M100% · $196M
FY 2023 Q48.19% · $38M0% · $0M91.81% · $426MUnavailable0% · $0M100% · $464M
FY 2024 Q17.61% · $47M77.35% · $478M15.05% · $93MUnavailableUnavailable100% · $618M
FY 2024 Q222.5% · $36M48.75% · $78M28.75% · $46MUnavailableUnavailable100% · $160M
FY 2024 Q311% · $33M39% · $117M50% · $150MUnavailable0% · $0M100% · $300M
FY 2024 Q44.77% · $38M1.01% · $8M18.84% · $150MUnavailable75.38% · $600M100% · $796M
FY 2025 Q129.91% · $32M0% · $0M70.09% · $75MUnavailableUnavailable100% · $107M
FY 2025 Q215% · $27M1.67% · $3M83.33% · $150MUnavailableUnavailable100% · $180M
FY 2025 Q338.27% · $31M0% · $0M61.73% · $50MUnavailable0% · $0M100% · $81M
FY 2025 Q41.76% · $38M93.6% · $2,019M4.64% · $100MUnavailable0% · $0M100% · $2,157M
FY 2026 Q124.82% · $34M11.68% · $16M63.5% · $87MUnavailableUnavailable100% · $137M
FY 2026 Q211.6% · $29M0.4% · $1M88% · $220MUnavailableUnavailable100% · $250M
FY 2026 Q313.08% · $34M6.15% · $16M80.77% · $210MUnavailableUnavailable100% · $260M

Sources and calculations

Company filings · USD · Last checked 2026-10-18. Missing inputs remain unavailable. Your chart selection and layout are saved in this browser for Keysight Technologies.

All charts share the selected dates. Quarterly/Yearly changes fiscal charts; valuation keeps completed daily closes on a published TTM basis. Later restatements can delay that basis. Historical mean, median and pricing labels use the selected range and do not estimate intrinsic fair value.

SBC deduction is an optional economic-cost scenario for FCF-based metrics. Missing SBC never becomes zero.

Revenue
Reported revenue from company filings.
Free cash flow
Operating cash flow − reported cash capital investment. PPE purchases are preferred; the productive-assets fallback also includes software and intangibles. Reflects the SBC option and can differ from issuer-defined FCF.
Net margin
Reported net income / revenue × 100.
P/E
Completed closing price × diluted shares / TTM earnings attributable to common shareholders.
ROIC
NOPAT / average invested capital × 100. NOPAT = operating income × (1 − effective tax rate). Invested capital = equity including noncontrolling interests + debt − cash and equivalents. Average uses period end and one year earlier.
Capital allocation
Reported cash uses as a percentage of tracked uses. Missing categories remain unavailable; SBC is noncash and excluded.
Reported revenue and sources