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

Updated Oct 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.