NYSE$KEYS

Keysight Technologies Inc · Q4 2025 earnings

Q4 2025 earnings · · After market close · Investor relations

Briefing

Keysight reported Q4 2025 revenue of $1.42B with GAAP net income of $229M and non-GAAP EPS of $1.91.

Fourth-quarter revenue rose 10% year over year to $1.42 billion. GAAP net income was $229 million ($1.33 diluted EPS) versus a loss a year ago. Non-GAAP net income was $331 million ($1.91 per share). The board authorized a new $1.5 billion share repurchase program.

  • Q4 revenue $1.42B (+10% YoY); orders momentum into FY26.
  • GAAP net income $229M; non-GAAP EPS $1.91.
  • CSG revenue $990M; EISG $429M.
  • Q1 FY26 revenue guide $1.53–$1.55B; non-GAAP EPS $1.95–$2.01.

Headline financials

Total Revenue

$1.42B

Previous: $1.29B+10.3%
EPS (adj)

$1.91

Previous: $1.65+15.8%
Free cash flow

$188M

Previous: $328M-42.7%
Diluted share count

173.0M

Previous: 173.0M+0.0%
Orders

$1.53B

Previous: $1.35B+14.0%
Cash flow from operations

$225M

Previous: $359M-37.3%
Net Income

$229M

Previous: -$73M+413.7%
Operating Income

$217M

Previous: $230M-5.7%

Revenue & EPS history

Keysight Technologies · Revenue · Quarterly

$1.42B

Q4 2025+10.3%vs Q4 2024
Beat estimate in 12 of 15 quarters(80%)
ActualEstimate

Revenue by segment

Keysight Technologies · $1.72B total across 2 segments · Q2 2026

  • Communications Solutions Group
    $1.23B
  • Electronic Industrial Solutions Group
    $486M

Forward guidance

The release discusses Keysight Technologies's outlook, capital allocation, and key risks for upcoming quarters, including guidance ranges or operating priorities where disclosed.

Tailwinds

  • Management provided quantitative forward revenue or EBITDA/EPS ranges.
  • Keysight Technologies cites demand and execution supporting the near-term outlook.
  • Liquidity and balance-sheet capacity support operations and shareholder returns.

Headwinds

  • Macro, input costs, and FX may pressure margins quarter to quarter.
  • Segment mix and one-time items can affect comparability versus prior periods.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q4 2025

Historical avgQ4 2025

+0.6%

Avg return

Earnings day

+1.6%

Avg return

5 days after

+2.6%

Avg return

30 days after

57%

29 / 51 earnings

Positive

+14.9%

Q3 2019

Best reaction

-14.2%

Q3 2023

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q2 2026-5.1%-2.7%+1.3%
Q1 2026+4.9%+25.4%+14.7%
Q4 2025-5.2%+11.4%+15.6%
Q3 2025-3.3%+1.1%+9.0%
Q2 2025+0.0%-1.7%-2.1%
Q1 2025-6.9%-9.5%-12.7%
Q4 2024+9.3%+12.5%+5.6%
Q3 2024+13.9%+11.9%+12.2%
Q2 2024-7.0%-8.4%-13.5%
Q1 2024-7.2%-3.4%-0.6%
Q4 2023+1.0%+2.1%+17.6%
Q3 2023-14.2%-14.7%-11.9%
Q2 2023+6.0%+5.6%+11.2%
Q1 2023-14.0%-15.1%-15.8%
Q4 2022+3.2%+4.6%+4.4%
Q3 2022+5.1%-0.0%-3.0%
Q2 2022+0.6%+1.9%-3.1%
Q1 2022-5.6%-6.8%-5.1%
Q4 2021+0.3%-1.7%+3.1%
Q3 2021+1.4%+4.2%+7.9%
Q2 2021+1.9%+1.7%+6.6%
Q1 2021-4.6%-6.4%-9.6%
Q4 2020+0.3%-0.3%+9.1%
Q3 2020-7.8%-6.2%-6.6%
Q2 2020-0.3%+5.9%-1.6%
Q1 2020-2.6%-1.5%-14.8%
Q4 2019+1.6%+0.7%-2.5%
Q3 2019+14.9%+9.0%+13.1%
Q2 2019+8.7%+1.5%+22.8%
Q1 2019+1.7%+4.4%+4.5%
Q4 2018+3.2%+1.8%+5.4%
Q3 2018+6.6%+4.5%+7.8%
Q2 2018+10.8%+15.2%+11.3%
Q1 2018+5.1%+11.8%+11.4%
Q4 2017+1.3%+0.1%+4.1%
Q3 2017+3.6%+2.8%+5.6%
Q2 2017-3.3%-5.7%-3.1%
Q1 2017-0.5%-0.2%+2.4%
Q4 2016+2.2%+4.2%+3.4%
Q3 2016-0.6%+2.4%-1.2%
Q2 2016+14.2%
Q1 2016+3.7%
Q4 2015-5.6%
Q3 2014+1.3%
Q3 2015+9.2%
Q1 2014-1.0%
Q4 2013-1.0%
Q2 2014-1.0%
Q2 2015-10.6%
Q4 2014-1.5%
Q1 2015+2.2%
Q3 2013
Q2 2013
Q1 2013

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