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Discontinued — last reported Q2 '26

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Segments

By segment

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Segment Total$131M+4.0%
Communications Solutions Group$28M+33.3%
Electronic Industrial Solutions Group$11M-8.3%

Other financials

Income statement

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Revenue$1.7B+31.5%
Gross profit$1.2B+44.7%
Operating income$407.0M+96.6%
Net income$349.0M+35.8%
EPS (diluted)$2.02+35.6%

Balance sheet

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Cash & equivalents$2.4B-22.5%
Total debt$2.8B-0.2%
Total equity$6.3B+15.6%
Total assets$11.7B+11.4%

Cash flow

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Operating cash flow$501.0M+3.5%
CapEx$29.0M+7.4%
Free cash flow$472.0M+3.3%

Valuation

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Market cap$55.06B+96.9%
Enterprise value$55.39B+101%
P/E52.2×
P/S+3.6×

Profitability

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Gross margin63.7%+1.2pp
Operating margin18.2%+1.3pp
Net margin17.3%
FCF margin22.3%-4.1pp

Returns & leverage

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Return on equity17.9%
Debt / equity0.4×-0.1×
Current ratio1.9×-1.5×

Where this comes from

Reported directly by Keysight Technologies in its filing.

Tagged under the XBRL concept us-gaap:Depreciation.

The official record: Keysight Technologies’s 10-Q, filed June 4, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Keysight Technologies's depreciation?
Keysight Technologies (KEYS) reported depreciation of $39M in Q1 2026.
How has Keysight Technologies's depreciation changed year-over-year?
Keysight Technologies's depreciation increased by 18.2% year-over-year, from $33M to $39M.
What is the long-term trend for Keysight Technologies's depreciation?
Over 4 years (2021 to 2025), Keysight Technologies's depreciation has grown at a 2.9% compound annual growth rate (CAGR), from $117M to $131M.
What does depreciation mean?
Depreciation is a non-cash accounting expense that allocates the cost of tangible assets over their useful lives. It reflects the wear and tear of physical equipment and infrastructure used in the production and delivery of goods and services.