KEYS Q4 2025 Earnings: Non-GAAP Profit Surges 19%, Exceeding Analyst Estimates

Keysight Technologies, Inc. (KEYS.US) reported robust financial results for the fourth fiscal quarter ended October 31, 2025. The company's non-GAAP net income reached $331 million, translating to $1.91 per share, marking a significant 19% increase compared to the $288 million, or $1.65 per share, reported in the fourth quarter of 2024. This performance surpassed the analyst EPS estimate of $1.85.

Revenue for the quarter stood at $1.42 billion, an impressive 10% rise from $1.29 billion in the same period last year. This strong financial close returned the company to full-year growth, driven by accelerating order momentum throughout the year.

Segment Performance Drives Growth

The Communications Solutions Group (CSG) was a key driver of Keysight's strong performance, reporting revenue of $990 million in the fourth quarter. This represents an 11% increase over the prior year, primarily fueled by sustained investment in AI data center infrastructure, non-terrestrial network applications, and defense modernization initiatives.

The Electronic Industrial Solutions Group (EISG) also contributed positively, with revenue reaching $429 million in the fourth quarter. This segment saw a 9% increase over last year, reflecting solid growth in broad general electronics and leading-edge semiconductor solutions.

Share Repurchase Program and Management Outlook

Keysight's Board of Directors authorized a new share repurchase program of up to $1.5 billion of its common stock, effective immediately and replacing the previous program. This move underscores the company's commitment to returning value to shareholders and reflects confidence in its financial health.

Looking ahead, Keysight expects first fiscal quarter 2026 revenue to be in the range of $1.53 billion to $1.55 billion. Non-GAAP earnings per share for the first fiscal quarter of 2026 are projected to be in the range of $1.95 to $2.01, indicating continued optimism for future performance.