Keysight Technologies, Inc. (KEYS) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 |
|---|
| Sales/Revenue | 1.72B | 1.6B | 1.42B | 1.35B | 1.31B | 1.3B | 1.29B | 1.22B | 1.22B | 1.26B | 1.31B | 1.38B | 1.39B | 1.38B | 1.44B | 1.38B | 1.35B | 1.25B | 1.29B | 1.25B |
| Revenue Growth % | 31.47% | 23.27% | 10.26% | 11.09% | 7.4% | 3.1% | -1.83% | -11.94% | -12.52% | -8.83% | -9.15% | 0.44% | 2.89% | 10.48% | 11.51% | 10.43% | 10.65% | 5.93% | 6.07% | 23.24% |
| Cost of Goods Sold | 539M | 605M | 550M | 518M | 492M | 478M | 485M | 462M | 453M | 446M | 467M | 486M | 481M | 498M | 533M | 499M | 492M | 446M | 457M | 458M |
| COGS % of Revenue | 31.39% | 37.81% | 38.76% | 38.31% | 37.67% | 36.83% | 37.68% | 37.96% | 37.25% | 35.42% | 35.62% | 35.17% | 34.6% | 36.06% | 36.94% | 36.26% | 36.42% | 35.68% | 35.32% | 36.76% |
| Gross Profit | 1.18B | 995M | 869M | 834M | 814M | 820M | 802M | 755M | 763M | 813M | 844M | 896M | 909M | 883M | 910M | 877M | 859M | 804M | 837M | 788M |
| Gross Margin % | 68.61% | 62.19% | 61.24% | 61.69% | 62.33% | 63.17% | 62.32% | 62.04% | 62.75% | 64.58% | 64.38% | 64.83% | 65.4% | 63.94% | 63.06% | 63.74% | 63.58% | 64.32% | 64.68% | 63.24% |
| Gross Profit Growth % | 44.72% | 21.34% | 8.35% | 10.46% | 6.68% | 0.86% | -4.98% | -15.74% | -16.06% | -7.93% | -7.25% | 2.17% | 5.82% | 9.83% | 8.72% | 11.29% | 16.55% | 13.72% | 10.71% | 30.03% |
| Operating Expenses | 771M | 747M | 652M | 600M | 607M | 602M | 572M | 550M | 586M | 592M | 527M | 531M | 555M | 561M | 531M | 520M | 532M | 533M | 488M | 504M |
| OpEx % of Revenue | 44.9% | 46.69% | 45.95% | 44.38% | 46.48% | 46.38% | 44.44% | 45.19% | 48.19% | 47.02% | 40.2% | 38.42% | 39.93% | 40.62% | 36.8% | 37.79% | 39.38% | 42.64% | 37.71% | 40.45% |
| Selling, General & Admin | 456M | 447M | 399M | 354M | 360M | 361M | 343M | 329M | 361M | 362M | 313M | 319M | 337M | 338M | 321M | 317M | 319M | 326M | 295M | 302M |
| SG&A % of Revenue | 26.56% | 27.94% | 28.12% | 26.18% | 27.57% | 27.81% | 26.65% | 27.03% | 29.69% | 28.75% | 23.87% | 23.08% | 24.24% | 24.47% | 22.25% | 23.04% | 23.61% | 26.08% | 22.8% | 24.24% |
| Research & Development | 320M | 303M | 258M | 250M | 250M | 249M | 233M | 226M | 228M | 232M | 218M | 215M | 222M | 227M | 215M | 206M | 210M | 210M | 196M | 207M |
| R&D % of Revenue | 18.64% | 18.94% | 18.18% | 18.49% | 19.14% | 19.18% | 18.1% | 18.57% | 18.75% | 18.43% | 16.63% | 15.56% | 15.97% | 16.44% | 14.9% | 14.97% | 15.54% | 16.8% | 15.15% | 16.61% |
| Other Operating Expenses | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | 1000K | -1000K | -1000K | -1000K |
| Operating Income | 407M | 248M | 217M | 234M | 207M | 218M | 230M | 205M | 177M | 221M | 317M | 365M | 354M | 322M | 379M | 357M | 327M | 271M | 349M | 284M |
| Operating Margin % | 23.7% | 15.5% | 15.29% | 17.31% | 15.85% | 16.8% | 17.87% | 16.84% | 14.56% | 17.55% | 24.18% | 26.41% | 25.47% | 23.32% | 26.26% | 25.94% | 24.2% | 21.68% | 26.97% | 22.79% |
| Operating Income Growth % | 96.62% | 13.76% | -5.65% | 14.15% | 16.95% | -1.36% | -27.44% | -43.84% | -50% | -31.37% | -16.36% | 2.24% | 8.26% | 18.82% | 8.6% | 25.7% | 39.15% | 27.83% | 25.54% | 56.04% |
| EBITDA | 432M | 286M | 292M | 300M | 275M | 284M | 298M | 269M | 247M | 289M | 367M | 419M | 409M | 375M | 434M | 413M | 382M | 328M | 406M | 348M |
| EBITDA Margin % | 25.16% | 17.88% | 20.58% | 22.19% | 21.06% | 21.88% | 23.15% | 22.1% | 20.31% | 22.95% | 27.99% | 30.32% | 29.42% | 27.15% | 30.08% | 30.01% | 28.28% | 26.24% | 31.38% | 27.93% |
| EBITDA Growth % | 57.09% | 0.7% | -2.01% | 11.52% | 11.34% | -1.73% | -18.8% | -35.8% | -39.61% | -22.93% | -15.44% | 1.45% | 7.07% | 14.33% | 6.9% | 18.68% | 19.38% | 9.7% | 11.23% | 32.82% |
| D&A (Non-Cash Add-back) | 25M | 38M | 75M | 66M | 68M | 66M | 68M | 64M | 70M | 68M | 50M | 54M | 55M | 53M | 55M | 56M | 55M | 57M | 57M | 64M |
| EBIT | 418M | 227M | 322M | 269M | 340M | 219M | 271M | 234M | 195M | 249M | 296M | 408M | 381M | 350M | 388M | 366M | 326M | 284M | 357M | 290M |
| Net Interest Income | -7M | -13M | 3M | 3M | 1M | -1M | -2M | -2M | -2M | 3M | 12M | 10M | 2M | 0 | -10M | -16M | -18M | -19M | -19M | -19M |
| Interest Income | 18M | 16M | 31M | 31M | 21M | 19M | 21M | 19M | 18M | 23M | 32M | 29M | 22M | 19M | 10M | 4M | 1M | 1M | 1M | 1M |
| Interest Expense | 25M | 29M | 28M | 28M | 20M | 20M | 23M | 21M | 20M | 20M | 20M | 19M | 20M | 19M | 20M | 20M | 19M | 20M | 20M | 20M |
| Other Income/Expense | 11M | -50M | 105M | 7M | 113M | -19M | 18M | 8M | -2M | 8M | -41M | 24M | 7M | 9M | -11M | -11M | -20M | -7M | -12M | -14M |
| Pretax Income | 418M | 198M | 322M | 241M | 320M | 199M | 248M | 213M | 175M | 229M | 276M | 389M | 361M | 331M | 368M | 346M | 307M | 264M | 337M | 270M |
| Pretax Margin % | 24.34% | 12.38% | 22.69% | 17.83% | 24.5% | 15.33% | 19.27% | 17.5% | 14.39% | 18.19% | 21.05% | 28.15% | 25.97% | 23.97% | 25.5% | 25.15% | 22.72% | 21.12% | 26.04% | 21.67% |
| Income Tax | 69M | -83M | 70M | 50M | 63M | 30M | 321M | -176M | 49M | 57M | 50M | 101M | 78M | 71M | 69M | 8M | 49M | 35M | 55M | 16M |
| Effective Tax Rate % | 16.51% | -41.92% | 21.74% | 20.75% | 19.69% | 15.08% | 129.44% | -82.63% | 28% | 24.89% | 18.12% | 25.96% | 21.61% | 21.45% | 18.75% | 2.31% | 15.96% | 13.26% | 16.32% | 5.93% |
| Net Income | 349M | 281M | 229M | 191M | 257M | 169M | -73M | 389M | 126M | 172M | 226M | 288M | 283M | 260M | 299M | 338M | 258M | 229M | 282M | 254M |
| Net Margin % | 20.33% | 17.56% | 16.14% | 14.13% | 19.68% | 13.02% | -5.67% | 31.96% | 10.36% | 13.66% | 17.24% | 20.84% | 20.36% | 18.83% | 20.72% | 24.56% | 19.1% | 18.32% | 21.79% | 20.39% |
| Net Income Growth % | 35.8% | 66.27% | 413.7% | -50.9% | 103.97% | -1.74% | -132.3% | 35.07% | -55.48% | -33.85% | -24.41% | -14.79% | 9.69% | 13.54% | 6.03% | 33.07% | 38.71% | 33.14% | 29.95% | 44.32% |
| Net Income (Continuing) | 349M | 281M | 252M | 191M | 257M | 169M | -73M | 389M | 126M | 172M | 226M | 288M | 283M | 260M | 299M | 338M | 258M | 229M | 282M | 254M |
| Discontinued Operations | 0 | 0 | -1000K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 2.02 | 1.63 | 1.32 | 1.10 | 1.49 | 0.97 | -0.42 | 2.22 | 0.72 | 0.98 | 1.28 | 1.61 | 1.58 | 1.45 | 1.66 | 1.87 | 1.41 | 1.24 | 1.52 | 1.36 |
| EPS Growth % | 35.57% | 68.04% | 414.29% | -50.45% | 106.94% | -1.02% | -132.81% | 37.89% | -54.43% | -32.41% | -22.89% | -13.9% | 12.06% | 16.94% | 9.21% | 37.5% | 42.42% | 36.26% | 32.17% | 46.24% |
| EPS (Basic) | 2.02 | 1.63 | 1.32 | 1.11 | 1.49 | 0.98 | -0.42 | 2.24 | 0.72 | 0.98 | 1.28 | 1.62 | 1.59 | 1.46 | 1.67 | 1.89 | 1.42 | 1.25 | 1.54 | 1.38 |
| Diluted Shares Outstanding | 173M | 173M | 173M | 173M | 173M | 174M | 173M | 175M | 175M | 176M | 177M | 179M | 179M | 180M | 180M | 181M | 183M | 184M | 186M | 186M |
| Basic Shares Outstanding | 173M | 172M | 173M | 173M | 172M | 173M | 173M | 174M | 174M | 175M | 176M | 178M | 178M | 178M | 179M | 179M | 181M | 183M | 183M | 184M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |