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Keysight Technologies
🇺🇸 NYSE:KEYS
•
Jan 31

Keysight Technologies Q1 2025 Earnings Report

Keysight Technologies reported revenue growth and improved non-GAAP earnings per share in Q1 2025.

Key Takeaways

Keysight Technologies reported revenue of $1.30 billion for Q1 2025, reflecting year-over-year growth. The company achieved a GAAP net income of $169 million, or $0.97 per share, and a non-GAAP net income of $317 million, or $1.82 per share. The Communications Solutions Group reported strong performance, while Electronic Industrial Solutions Group faced mixed demand.

Revenue grew to $1.30 billion, up from $1.26 billion in Q1 2024.

Non-GAAP EPS was $1.82, up from $1.63 in Q1 2024.

GAAP net income was $169 million, compared to $172 million in Q1 2024.

Free cash flow increased to $346 million from $281 million last year.

Total Revenue
$1.3B
Previous year: $1.26B
+3.1%
EPS
$1.82
Previous year: $1.63
+11.7%
Unfilled Backlog Currency
$1.26B
Gross Profit
$0
Previous year: $813M
-100.0%
Cash and Equivalents
$2.06B
Previous year: $1.75B
+18.1%
Free Cash Flow
$346M
Previous year: $281M
+23.1%
Total Assets
$9.39B
Previous year: $9.06B
+3.6%

Keysight Technologies Revenue

Keysight Technologies EPS

Keysight Technologies Revenue by Segment

Keysight Technologies Revenue by Geographic Location

Forward Guidance

Keysight expects Q2 2025 revenue to range between $1.27 billion and $1.29 billion, with non-GAAP EPS between $1.61 and $1.67.

Positive Outlook

  • Revenue guidance range of $1.27B to $1.29B.
  • Non-GAAP EPS expected between $1.61 and $1.67.
  • Projected weighted diluted share count of approximately 174 million.
  • Anticipated consistent demand across end markets.
  • Continued focus on innovation and technology leadership.

Challenges Ahead

  • Potential global economic uncertainty.
  • Mixed demand in certain end markets.
  • Increased cost pressures expected.
  • Ongoing geopolitical tensions.
  • Possible fluctuations in foreign currency rates.