Operating

Deferred Revenue

Keysight Technologies Deferred Revenue increased by 48.9% to $70.00M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 62.8%, from $43.00M to $70.00M. Over 3 years (FY 2021 to FY 2025), Deferred Revenue shows a downward trend with a -28.6% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementCash Flow Statement
SectionOperating
CategoryGrowth
SignalHigher is better
VolatilityModerate
First reportedQ1 2015
Last reportedQ1 2026Mar 5, 2026

How to read this metric

An increase indicates strong future demand and cash collection, while a decrease indicates the fulfillment of previously paid obligations.

Detailed definition

Represents the net change in payments received from customers for goods or services that have not yet been delivered or...

Peer comparison

Common in long-term contract businesses like LNG; peers with long-term take-or-pay contracts often show significant deferred revenue.

Metric ID: operating_increase_decrease_in_deferred_revenue

Historical Data

19 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$39.00M-$3.00M$10.00M$28.00M$62.00M-$21.00M$10.00M$62.00M$19.00M-$40.00M$20.00M$27.00M-$13.00M-$49.00M$43.00M$9.00M-$64.00M$47.00M$70.00M
QoQ Change-107.7%+433.3%+180.0%+121.4%-133.9%+147.6%+520.0%-69.4%-310.5%+150.0%+35.0%-148.1%-276.9%+187.8%-79.1%-811.1%+173.4%+48.9%
YoY Change+59.0%-600.0%+0.0%+121.4%-69.4%-90.5%+100.0%-56.5%-168.4%-22.5%+59.3%+169.2%-30.6%+62.8%
Range-$64.00M$70.00M
CAGR+13.9%
Avg YoY Growth-33.3%
Median YoY Growth-11.3%
Current Streak2 quarters growth

Frequently Asked Questions

What is Keysight Technologies's deferred revenue?
Keysight Technologies (KEYS) reported deferred revenue of $70.00M in Q4 2025.
How has Keysight Technologies's deferred revenue changed year-over-year?
Keysight Technologies's deferred revenue increased by 62.8% year-over-year, from $43.00M to $70.00M.
What is the long-term trend for Keysight Technologies's deferred revenue?
Over 3 years (2021 to 2025), Keysight Technologies's deferred revenue has grown at a -28.6% compound annual growth rate (CAGR), from $96.00M to $35.00M.
What does deferred revenue mean?
The net change in cash received from customers for work not yet completed.