Keysight Technologies Income 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
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
Revenue	5,375	4,979	5,464	5,420	4,941
Revenue Growth (YoY)	7.95%	-8.88%	0.81%	9.69%	17.06%
Cost of Revenue	2,038	1,846	1,932	1,970	1,872
Gross Profit	3,337	3,133	3,532	3,450	3,069
Selling, General & Admin	1,412	1,384	1,286	1,237	1,186
Research & Development	1,007	919	882	841	811
Other Operating Expenses	-20	-14	-15	-15	-17
Operating Expenses	2,399	2,289	2,153	2,063	1,980
Operating Income	938	844	1,379	1,387	1,089
Interest Expense	-96	-84	-78	-79	-79
Interest & Investment Income	102	81	102	16	3
Currency Exchange Gain (Loss)	65	8	-44	22	-3
Other Non Operating Income (Expenses)	-28	1	-9	-18	-4
EBT Excluding Unusual Items	981	850	1,350	1,328	1,006
Merger & Restructuring Charges	-18	-	-	-	-
Gain (Loss) on Sale of Investments	119	15	7	-36	4
Asset Writedown	-	-	-	-7	-
Pretax Income	1,082	865	1,357	1,285	1,010
Income Tax Expense	213	251	300	161	116
Earnings From Continuing Operations	869	614	1,057	1,124	894
Earnings From Discontinued Operations	-19	-	-	-	-
Net Income	850	614	1,057	1,124	894
Net Income to Common	850	614	1,057	1,124	894
Net Income Growth	38.44%	-41.91%	-5.96%	25.73%	42.58%
Shares Outstanding (Basic)	172	174	178	180	185
Shares Outstanding (Diluted)	173	175	179	182	187
Shares Change (YoY)	-1.14%	-2.23%	-1.65%	-2.67%	-1.06%
EPS (Basic)	4.94	3.53	5.94	6.24	4.83
EPS (Diluted)	4.91	3.51	5.91	6.18	4.78
EPS Growth	39.89%	-40.61%	-4.37%	29.29%	44.41%
Free Cash Flow	1,281	898	1,211	959	1,148
Free Cash Flow Per Share	7.41	5.13	6.76	5.27	6.14
Gross Margin	62.08%	62.92%	64.64%	63.65%	62.11%
Operating Margin	17.45%	16.95%	25.24%	25.59%	22.04%
Profit Margin	15.81%	12.33%	19.35%	20.74%	18.09%
Free Cash Flow Margin	23.83%	18.04%	22.16%	17.69%	23.23%
EBITDA	1,214	1,114	1,591	1,610	1,382
EBITDA Margin	22.59%	22.37%	29.12%	29.70%	27.97%
D&A For EBITDA	276	270	212	223	293
EBIT	938	844	1,379	1,387	1,089
EBIT Margin	17.45%	16.95%	25.24%	25.59%	22.04%
Effective Tax Rate	19.69%	29.02%	22.11%	12.53%	11.48%
Revenue as Reported	5,375	4,979	5,464	5,420	4,941
Advertising Expenses	14	18	24	27	21

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