Keysight Technologies

KEYS · Information Technology · Market cap $53.1B

Q2 FY26 Apr 30, 2026 reported Jun 4, 2026

Revenue$1.7B +31% year over year

Gross profit$1.2B

Operating profit$0.4B

Net profit$0.3B 20% margin

Numbers and detail

All figures in billions of U.S. dollars, for Q2 FY26 (period ends Apr 30, 2026).
Item	Value	Share of revenue	Year over year
Revenue	1.7	100%	+31%
Transferred At Point in Time	1.4	82%	+35%
Transferred Over Time	0.3	18%	+16%
Cost of revenue	−0.5	29%
Gross profit	1.2	69% margin	+6pp
Research & development	−0.3	19%	−1pp
SG&A	−0.5	27%	−1pp
Operating profit	0.4	24% margin	+8pp
Tax	−0.1
Net profit	0.3	20%	+1pp

All figures in billions of U.S. dollars, for Q1 FY26 (period ends Jan 31, 2026).
Item	Value	Share of revenue	Year over year
Revenue	1.6	100%	+23%
Transferred At Point in Time	1.3	81%	+25%
Transferred Over Time	0.3	19%	+16%
Cost of revenue	−0.6	38%
Gross profit	1	62% margin	−1pp
Research & development	−0.3	19%	+0pp
SG&A	−0.4	28%	+0pp
Operating profit	0.2	16% margin	−1pp
Net profit	0.3	18%	+5pp

All figures in billions of U.S. dollars, for Q4 FY25 (period ends Oct 31, 2025).
Item	Value	Share of revenue	Year over year
Revenue	1.4	100%	+10%
Transferred At Point in Time	1.1	79%	+11%
Transferred Over Time	0.3	21%	+7%
Cost of revenue	−0.6	43%
Gross profit	0.9	61% margin	−1pp
Research & development	−0.3	18%	+0pp
SG&A	−0.4	28%	+1pp
Operating profit	0.2	15% margin	−3pp
Tax	−0.1
Net profit	0.2	16%	+22pp

All figures in billions of U.S. dollars, for Q3 FY25 (period ends Jul 31, 2025).
Item	Value	Share of revenue	Year over year
Revenue	1.4	100%	+11%
Transferred At Point in Time	1.1	79%	+13%
Transferred Over Time	0.3	21%	+2%
Cost of revenue	−0.5	36%
Gross profit	0.8	62% margin	+0pp
Research & development	−0.3	18%	+0pp
SG&A	−0.4	26%	−1pp
Operating profit	0.2	17% margin	+0pp
Net profit	0.2	14%	−18pp

Quarter by quarter

Pick a quarter and the diagram above changes. Bars compare revenue across the quarters we hold.

Quarter	Period	Reported	Revenue	Year over year	Operating margin	Net profit	Net margin
Q2 FY26	Apr 30, 2026	Jun 4, 2026	$1.7B	+31%	24%	$0.3B	20%
Q1 FY26	Nov 1, 2025 – Jan 31, 2026	Mar 5, 2026	$1.6B	+23%	12%	$0.3B	18%
Q4 FY25	Aug 1 – Oct 31, 2025	Dec 17, 2025	$1.4B	+10%	14%	$0.2B	16%
Q3 FY25	May 1 – Jul 31, 2025	Aug 29, 2025	$1.4B	+11%	14%	$0.2B	14%