Free cash flow
Keysight Technologies Free cash flow increased by 117.6% to $407.00M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 17.6%, from $346.00M to $407.00M. Over 4 years (FY 2021 to FY 2025), Free cash flow shows an upward trend with a 2.8% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
How to read this metric
An increase suggests strong operational efficiency and the ability to self-fund future innovation or return capital to shareholders, while a decrease may indicate heavy capital expenditure cycles or declining operational profitability.
Detailed definition
Free cash flow represents the cash generated by a company after accounting for cash outflows to support operations and m...
Peer comparison
High-growth semiconductor and AI infrastructure peers typically prioritize reinvestment, so free cash flow margins are often compared against R&D intensity and capital expenditure requirements of industry rivals.
cf_free_cash_flowHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $217.00M | $295.00M | $182.00M | $245.00M | $192.00M | $340.00M | $306.00M | $370.00M | $196.00M | $340.00M | $281.00M | $74.00M | $222.00M | $321.00M | $346.00M | $457.00M | $291.00M | $187.00M | $407.00M |
| QoQ Change | — | +35.9% | -38.3% | +34.6% | -21.6% | +77.1% | -10.0% | +20.9% | -47.0% | +73.5% | -17.4% | -73.7% | +200.0% | +44.6% | +7.8% | +32.1% | -36.3% | -35.7% | +117.6% |
| YoY Change | — | — | — | — | -11.5% | +15.3% | +68.1% | +51.0% | +2.1% | +0.0% | -8.2% | -80.0% | +13.3% | -5.6% | +23.1% | +517.6% | +31.1% | -41.7% | +17.6% |
Free cash flow at Other Companies
Frequently Asked Questions
- What is Keysight Technologies's free cash flow?
- Keysight Technologies (KEYS) reported free cash flow of $407.00M in Q4 2025.
- How has Keysight Technologies's free cash flow changed year-over-year?
- Keysight Technologies's free cash flow increased by 17.6% year-over-year, from $346.00M to $407.00M.
- What is the long-term trend for Keysight Technologies's free cash flow?
- Over 4 years (2021 to 2025), Keysight Technologies's free cash flow has grown at a 2.8% compound annual growth rate (CAGR), from $1.15B to $1.28B.
- What does free cash flow mean?
- The cash a company has left over after paying for its operating expenses and capital investments.