Satish Dhanasekaran, Keysight CEO

Keysight’s First Quarter 2026 Results

  • Keysight Technologies released its financial results for the first quarter of its fiscal year, which ended January 31, 2026.
  • The U.S. company’s revenue was $1.60 billion, compared to $1.30 billion in the first quarter of 2025.
  • Keysight expects revenue for the second quarter of its fiscal year 2026 to be between $1.690 billion and $1.710 billion.

 
“Keysight had an excellent start to the fiscal year with outstanding results that exceeded our expectations,” said Satish Dhanasekaran, President and CEO of Keysight. “The investments we have made over the past three years are enabling us to capitalize on the continued momentum in our markets and create value.” »

First Quarter Financial Summary

Revenue was $1.60 billion, compared to $1.30 billion in the first quarter of 2025.

Net income under GAAP was $281 million, compared to $169 million in the first quarter of 2025.

Net income under GAAP was $376 million, compared to $317 million in the first quarter of 2025.

Operating cash flow was $441 million, compared to $378 million in the prior year. Free cash flow was $407 million, compared to $346 million in the first quarter of 2025.

As of January 31, 2026, cash, cash equivalents, and cash tied up totaled $2.20 billion. Business Sectors

(*)GAAP: Generally Accepted Accounting Principles.

  • Communications Solutions Group (CSG)
    CSG’s revenue reached $1,124 million in the first quarter, up 27% year over year. This growth reflects a 33% increase in business communications and an 18% increase in the aerospace, defense, and government services sectors.
  • Electronic Industrial Solutions Group (EISG)
    EISG’s revenue reached $476 million in the first quarter, up 15% year over year. This double-digit growth was observed across all end markets: automotive and energy, general electronics, and semiconductors.