- Keysight Technologies announced its financial results for the third quarter of the fiscal year ended July 31, 2026.
- Revenue reached $1.85 billion, compared to $1.35 billion in the third quarter of 2025.
- Keysight’s revenue for the fourth quarter of fiscal year 2026 is expected to be between $1.930 billion and $1.950 billion.
“Keysight’s record third-quarter results and our outlook demonstrate the growing relevance of our strategy and portfolio, which enable our customers to tackle complex engineering challenges across our end markets,” said Satish Dhanasekaran, Keysight’s President and CEO. “We remain confident in our ability to sustain this momentum and generate long-term value.”
Summary of Third-Quarter Financial Results
- GAAP net income was $397 million, compared to $191 million in the third quarter of 2025.
- Non-GAAP net income was $531 million, compared to $297 million in the third quarter of 2025.
- Cash flow from operations reached $437 million, compared to $322 million the previous year. Free cash flow was $403 million, compared to $291 million in the third quarter of 2025.
- As of July 31, 2026, cash, cash equivalents, and restricted cash totaled $2.62 billion. Business Segments
Communications Solutions Group (CSG)
The CSG segment reported revenue of $1,345 million for the third quarter, up 43% year-over-year, reflecting 56% growth in the commercial communications sector and 14% growth in the aerospace, defense, and government sectors.
Electronic Industrial Solutions Group (EISG)
The EISG segment reported revenue of $501 million for the third quarter, up 21% year-over-year, reflecting growth in the semiconductor, general electronics, and automotive and energy markets.
