Keysight Technologies 8-K
PositiveEarningsNew guidance
Commercial communications led growth as orders hit a second straight record and the FY2026 outlook improved
Filed 2026-08-18 16:09 ET
- 2.02 Results of Operations
- 9.01 Financial Statements and Exhibits
Summary
Q3 FY2026 results with Q4 guidance. Keysight reported a second consecutive quarter of record orders above $2B and said its FY2026 outlook improved. Growth reflected strength in commercial communications and aerospace, defense and government, alongside growth across EISG markets.
Key Figures
| Metric | Q3 2026 | Q3 2025 | Y/Y |
|---|---|---|---|
| Revenue | $1.85B | $1.35B | 36.5% |
| Income from operations | $461M | $234M | 97.0% |
| GAAP net income | $397M | $191M | 108% |
| Non-GAAP net income | $531M | $297M | 78.8% |
| Diluted EPS, GAAP | $2.30 | $1.10 | 109% |
| Diluted EPS, non-GAAP | $3.07 | $1.72 | 78.5% |
| Operating cash flow | $437M | $322M | 35.7% |
| Free cash flow | $403M | $291M | 38.5% |
| Orders | $2.09B | $1.34B | 56.0% |
- Segment revenue: Communications Solutions Group $1.35B, up 43% (commercial communications +56%; aerospace, defense and government +14%); Electronic Industrial Solutions Group $501M, up 21%.
- Cash, cash equivalents and restricted cash totaled $2.62B at 7/31/2026. Nine-month treasury stock repurchases were $520M vs $278M; treasury shares were 32.7M vs 30.8M at 10/31/2025.
Guidance
| Metric | Period | Guidance | Prior | Direction |
|---|---|---|---|---|
| Revenue | Q4 FY2026 | $1.930B-$1.950B; midpoint implies ≈37% Y/Y growth | — | — |
| EPS, non-GAAP | Q4 FY2026 | $3.34-$3.40; based on ≈172M weighted diluted shares | — | — |
FY2026 outlook improved; figures not restated in this filing.
Investor Takeaways
- Q4 revenue and non-GAAP EPS against the guided ranges will indicate whether the reported momentum continues.
The summary is written by an AI model reading the filing.
Model 005 · prompt 01d34d48e3