Keysight Technologies, Inc. (KEYS)

Keysight Technologies Income Statement

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

Year	2023	2022	2021	2020	2019
Revenue	5,464	5,420	4,941	4,221	4,303
Revenue Growth (YoY)	0.81%	9.69%	17.06%	-1.91%	10.96%
Cost of Revenue	1,932	1,970	1,872	1,688	1,769
Gross Profit	3,532	3,450	3,069	2,533	2,534
Selling, General & Admin	1,307	1,283	1,195	1,097	1,155
Research & Development	882	841	811	715	688
Other Operating Expenses	-15	-8	-17	-44	-20
Operating Expenses	2,174	2,116	1,989	1,768	1,823
Operating Income	1,358	1,334	1,080	765	711
Interest Expense / Income	78	79	79	78	80
Other Expense / Income	-77	-30	-9	-74	-84
Pretax Income	1,357	1,285	1,010	761	715
Income Tax	300	161	116	134	94
Net Income	1,057	1,124	894	627	621
Net Income Growth	-5.96%	25.73%	42.58%	0.97%	276.36%
Shares Outstanding (Basic)	178	180	185	187	188
Shares Outstanding (Diluted)	179	182	187	189	191
Shares Change	-1.65%	-2.67%	-1.06%	-1.05%	-
EPS (Basic)	5.95	6.23	4.84	3.35	3.31
EPS (Diluted)	5.91	6.18	4.78	3.31	3.25
EPS Growth	-4.37%	29.29%	44.41%	1.85%	277.91%
Free Cash Flow	1,212	959	1,148	899	878
Free Cash Flow Per Share	6.81	5.33	6.21	4.81	4.67
Gross Margin	64.64%	63.65%	62.11%	60.01%	58.89%
Operating Margin	24.85%	24.61%	21.86%	18.12%	16.52%
Profit Margin	19.34%	20.74%	18.09%	14.85%	14.43%
Free Cash Flow Margin	22.18%	17.69%	23.23%	21.30%	20.40%
Effective Tax Rate	22.11%	12.53%	11.49%	17.61%	13.15%
EBITDA	1,647	1,587	1,382	1,165	1,103
EBITDA Margin	30.14%	29.28%	27.97%	27.60%	25.63%
Depreciation & Amortization	212	223	293	326	308
EBIT	1,435	1,364	1,089	839	795
EBIT Margin	26.26%	25.17%	22.04%	19.88%	18.48%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).