Discontinued — last reported Q3 '23
Service Other — Total net revenue
Keysight Technologies Service Other — Total net revenue remained flat by 0.0% to $282.00M in Q3 2023 compared to the prior quarter. Year-over-year, this metric grew by 19.2%, from $236.50M to $282.00M. Over 2 years (FY 2021 to FY 2023), Service Other — Total net revenue shows an upward trend with a 12.5% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
An increase indicates growing customer reliance on the company's service ecosystem and potential growth in recurring revenue streams, while a decrease may signal reduced service demand or a shift in customer procurement preferences.
Detailed definition
This metric represents the total net revenue generated from the company's services, software support, and other non-prod...
Peer comparison
Comparable to 'Services Revenue' or 'Professional Services Revenue' reported by other technology hardware and industrial testing firms.
keys_segment_services_and_other_total_net_revenueHistorical Data
| FY'21 | FY'22 | FY'23 | |
|---|---|---|---|
| Value | $891.00M | $946.00M | $1.13B |
| YoY Change | — | +6.2% | +19.2% |
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Frequently Asked Questions
- What is Keysight Technologies's service other — total net revenue?
- Keysight Technologies (KEYS) reported service other — total net revenue of $282.00M in Q3 2023.
- How has Keysight Technologies's service other — total net revenue changed year-over-year?
- Keysight Technologies's service other — total net revenue increased by 19.2% year-over-year, from $236.50M to $282.00M.
- What is the long-term trend for Keysight Technologies's service other — total net revenue?
- Over 2 years (2021 to 2023), Keysight Technologies's service other — total net revenue has grown at a 12.5% compound annual growth rate (CAGR), from $891.00M to $1.13B.
- What does service other — total net revenue mean?
- The total revenue earned from service-based offerings and support contracts within this business segment.