Keysight Technologies Cash Flow Statement

Financials in millions USD. Fiscal year is November - October.

Millions USD. Fiscal year is Nov - Oct.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	2016 - 2020
Period Ending	Oct '25 Oct 31, 2025	Oct '24 Oct 31, 2024	Oct '23 Oct 31, 2023	Oct '22 Oct 31, 2022	Oct '21 Oct 31, 2021	2016 - 2020
Net Income	850	614	1,057	1,124	894	Upgrade
Depreciation & Amortization	276	270	212	223	293	Upgrade
Loss (Gain) From Sale of Investments	-114	-8	-5	-	-	Upgrade
Stock-Based Compensation	162	137	135	125	103	Upgrade
Other Operating Activities	-67	310	28	76	-4	Upgrade
Change in Accounts Receivable	23	71	14	-204	-122	Upgrade
Change in Inventory	-24	-49	-148	-125	-43	Upgrade
Change in Accounts Payable	26	26	-62	56	53	Upgrade
Change in Unearned Revenue	35	-12	61	79	96	Upgrade
Change in Income Taxes	210	-172	-44	-44	34	Upgrade
Change in Other Net Operating Assets	32	-135	160	-166	18	Upgrade
Operating Cash Flow	1,409	1,052	1,408	1,144	1,322	Upgrade
Operating Cash Flow Growth	33.93%	-25.28%	23.08%	-13.46%	30.12%	Upgrade
Capital Expenditures	-128	-154	-197	-185	-174	Upgrade
Cash Acquisitions	-2,022	-681	-85	-33	-178	Upgrade
Divestitures	399	-	-	-	-	Upgrade
Investment in Securities	30	11	-	-33	-1	Upgrade
Other Investing Activities	-6	5	-6	-	-	Upgrade
Investing Cash Flow	-1,727	-819	-288	-251	-353	Upgrade
Long-Term Debt Issued	748	599	-	-	-	Upgrade
Total Debt Issued	748	599	-	-	-	Upgrade
Long-Term Debt Repaid	-	-624	-	-	-	Upgrade
Net Debt Issued (Repaid)	748	-25	-	-	-	Upgrade
Issuance of Common Stock	63	66	67	63	59	Upgrade
Repurchase of Common Stock	-416	-474	-751	-923	-726	Upgrade
Other Financing Activities	-10	-480	-3	-1	-4	Upgrade
Financing Cash Flow	385	-913	-687	-861	-671	Upgrade
Foreign Exchange Rate Adjustments	9	6	-2	-43	3	Upgrade
Net Cash Flow	76	-674	431	-11	301	Upgrade
Free Cash Flow	1,281	898	1,211	959	1,148	Upgrade
Free Cash Flow Growth	42.65%	-25.85%	26.28%	-16.46%	27.70%	Upgrade
Free Cash Flow Margin	23.83%	18.04%	22.16%	17.69%	23.23%	Upgrade
Free Cash Flow Per Share	7.41	5.13	6.76	5.27	6.14	Upgrade
Cash Interest Paid	77	75	75	75	75	Upgrade
Cash Income Tax Paid	120	146	343	191	130	Upgrade
Levered Free Cash Flow	1,251	586	861.13	671.5	920.25	Upgrade
Unlevered Free Cash Flow	1,311	638.5	909.88	720.88	969.63	Upgrade
Change in Working Capital	302	-271	-19	-404	36	Upgrade

Source: S&P Global Market Intelligence. Standard template. Financial Sources.