Keysight Technologies Cash Flow Statement

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

Millions USD. Fiscal year is Nov - Oct.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jan '26 Jan 31, 2026	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	962	850	614	1,057	1,124	894
Depreciation & Amortization	315	276	270	212	223	293
Stock-Based Compensation	176	162	137	135	125	103
Other Adjustments	-61	-181	302	23	76	-4
Change in Receivables	3	23	71	14	-204	-122
Changes in Inventories	-1	-24	-49	-148	-125	-43
Changes in Accounts Payable	29	26	26	-62	56	53
Changes in Accrued Expenses	24	47	-36	-43	-17	50
Changes in Income Taxes Payable	30	105	30	-40	-14	34
Changes in Unearned Revenue	62	35	-12	61	79	96
Changes in Other Operating Activities	-151	90	-301	199	-179	-32
Operating Cash Flow	1,472	1,409	1,052	1,408	1,144	1,322
Operating Cash Flow Growth	33.58%	33.93%	-25.28%	23.08%	-13.46%	30.12%
Capital Expenditures	-130	-128	-154	-197	-185	-174
Purchases of Investments	-	-	-	-	-33	-1
Proceeds from Sale of Investments	7	30	11	-	-	-
Payments for Business Acquisitions	-3,048	-2,022	-681	-85	-33	-178
Proceeds from Business Divestments	-	399	-	-	-	-
Other Investing Activities	-8.5	-6	5	-6	-	-
Investing Cash Flow	-1,738	-1,727	-819	-288	-251	-353
Long-Term Debt Issued	374	748	599	-	-	-
Long-Term Debt Repaid	-	-	-624	-	-	-
Net Long-Term Debt Issued (Repaid)	374	748	-25	-	-	-
Issuance of Common Stock	95.5	63	66	67	63	59
Repurchase of Common Stock	-389	-377	-443	-702	-849	-673
Net Common Stock Issued (Repurchased)	-293.5	-314	-377	-635	-786	-614
Other Financing Activities	-75.5	-49	-511	-52	-75	-57
Financing Cash Flow	360	385	-913	-687	-861	-671
Effect of Exchange Rate Changes on Cash and Cash Equivalents	23.5	9	6	-2	-43	3
Net Cash Flow	118	76	-674	431	-11	301
Free Cash Flow	1,342	1,281	898	1,211	959	1,148
Free Cash Flow Growth	4.76%	42.65%	-25.85%	26.28%	-16.46%	27.70%
FCF Margin	23.64%	23.83%	18.04%	22.16%	17.69%	23.23%
Free Cash Flow Per Share	7.76	7.40	5.13	6.77	5.27	6.14
Levered Free Cash Flow	1,510	2,025	363	1,039	962	1,171
Unlevered Free Cash Flow	1,000	1,131	365.29	1,040	1,005	1,233

Updated Jan 31, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.