Satish Dhanasekaran, Keysight CEO

Keysight’s Fourth Quarter and Full-Year Results

  • Keysight Technologies released its financial results for the fourth quarter and the full year ending October 31, 2025.
  • The U.S. company reported revenue of $1.42 billion for the fourth quarter and $5.37 billion for fiscal year 2025.
  • Keysight expects its revenue for the first fiscal quarter of 2026 to be between $1.53 billion and $1.55 billion.

 
“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,” said Satish Dhanasekaran, Keysight’s President and CEO.

# Fourth Quarter Financial Summary

  • Revenue was $1.42 billion, compared with $1.29 billion last year.
    GAAP net income was $229 million, compared with a GAAP net loss of $73 million in the fourth quarter of 2024.
  • Non-GAAP net income was $331 million compared with $288 million in the fourth quarter of 2024.
  • Cash flow from operations was $225 million, compared with $359 million last year. Free cash flow was $188 million, compared with $328 million in the fourth quarter of 2024.
  • As of October 31, 2025, cash and cash equivalents totaled $1.87 billion.

 
# Fiscal Year 2025 Financial Summary

  • Revenue was $5.37 billion, compared with $4.98 billion last year.
  • GAAP net income was $846 million compared with $614 million in fiscal 2024.
  • Non-GAAP net income was $1.24 billion compared with $1.10 billion in fiscal year 2024.
  • Cash flow from operations was $1.41 billion, compared with $1.05 billion last year. Free cash flow was $1.28 billion, compared with $0.91 billion in fiscal year 2024.

 
# Reporting Segments

  • Communications Solutions Group (CSG)
    CSG reported revenue of $990 million in the fourth quarter, up 11 percent over last year, driven by ongoing investment in AI data center infrastructure, non-terrestrial network applications, and defense modernization.
  • Electronic Industrial Solutions Group (EISG)
    EISG reported revenue of $429 million in the fourth quarter, up 9 percent over last year, reflecting growth in broad general electronics and leading-edge semiconductor solutions.