Filing Flows › Keysight Technologies (KEYS) › Q3 FY26 › vs Q3 FY25
Keysight Technologies (KEYS) Q3 FY26 vs Q3 FY25 (year over year)
Keysight Technologies's revenue rose $494M (+37%) from $1.4B in Q3 FY25 to $1.8B in Q3 FY26. The biggest changes: Products +$441M (+43%); Services and other +$53.0M (+16%). Operating margin 25.0% against 17.3% (+7.7 pts).
Keysight Technologies, Q3 FY26: revenue $1.8B (+36% year over year), operating margin 25.0%, net earnings $397M, operating cash flow $437M. The chart draws each line against Q3 FY25, the increases inside each band.
Margins
| Q3 FY26 | Q3 FY25 | Change | |
|---|---|---|---|
| Operating margin | 25.0% | 17.3% | +7.7 pts |
| Net margin | 21.5% | 14.1% | +7.4 pts |
| Free cash flow margin | 21.8% | 21.5% | +0.3 pts |
Every line
| Line | Q3 FY26 | Q3 FY25 | Change | % |
|---|---|---|---|---|
| Products | $1.5B | $1.0B | $441M | +43% |
| Services and other | $382M | $329M | $53.0M | +16% |
| Revenue | $1.8B | $1.4B | $494M | +37% |
| Other income, net | $16.0M | $7.0M | $9.0M | +129% |
| Operating profit | $461M | $234M | $227M | +97% |
| Costs & expenses | $1.4B | $1.1B | $267M | +24% |
| Pre-tax earnings | $477M | $241M | $236M | +98% |
| Net earnings | $397M | $191M | $206M | +108% |
| Income tax | $80.0M | $50.0M | $30.0M | +60% |
| Depreciation & amortization | $104M | $66.0M | $38.0M | +58% |
| Share-based compensation | $47.0M | $31.0M | $16.0M | +52% |
| Working capital & other | $111M | −$34.0M | $145M | — |
| Operating cash flow | $437M | $322M | $115M | +36% |
| Free cash flow (company-reported) | $403M | $291M | $112M | +38% |
| Investments in property, plant and equipment | $34.0M | $31.0M | $3.0M | +10% |
Questions
How much did Keysight Technologies's revenue grow year over year in Q3 FY26?
Keysight Technologies's revenue rose $494M (+37%) from $1.4B in Q3 FY25 to $1.8B in Q3 FY26.
What drove Keysight Technologies's revenue change in Q3 FY26?
Products +$441M (+43%); Services and other +$53.0M (+16%).