Filing Flows › Keysight Technologies (KEYS) › Q3 FY26
Keysight Technologies (KEYS) Q3 FY26 earnings results (third quarter fiscal 2026)
10-Q filed Sep 2, 2026
Keysight Technologies (KEYS) reported revenue of $1.8B for the third quarter fiscal 2026 (Q3 FY26), +37% from a year earlier and +8% from the quarter before. Operating margin was 25.0%, net earnings $397M (21.5% of revenue).
Keysight Technologies, Q3 FY26: revenue $1.8B (+36% year over year), operating margin 25.0%, net earnings $397M, operating cash flow $437M. The chart follows the revenue to costs, profit and cash.
| Q3 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.8B | +8% | +37% |
| Operating profit | $461M | +13% | +97% |
| Net earnings | $397M | +14% | +108% |
| Operating cash flow | $437M | -13% | +36% |
| Free cash flow | $403M | — | +38% |
What changed
Revenue was $1.8B in Q3 FY26, up 37% year over year and up 8% from the previous quarter. Products was the largest line at 79% of revenue. Products added $0.44B year over year (up 43%), 89% of the total change.
Operating profit was $0.46B, a 25.0% margin (up 7.7 points year over year). Of the extra revenue versus Q3 FY25, 46% reached operating profit, above the 17% margin then. Total costs grew 24% against revenue growth of 37%. Net earnings were $0.40B, up 108% year over year. The effective tax rate was 16.8%.
Operating cash flow was $0.44B (up 36% year over year), 110% of net earnings. Non-cash charges added back $0.10B of depreciation and amortization and $0.05B of share-based compensation. Working capital and other items used $0.11B. After investments in property, plant and equipment ($0.03B), free cash flow as the company reports it was $0.40B.
Questions
What was Keysight Technologies' revenue in the third quarter fiscal 2026?
Keysight Technologies (KEYS) reported revenue of $1.8B for the third quarter fiscal 2026 (Q3 FY26), +37% from a year earlier and +8% from the quarter before.
Was Keysight Technologies profitable in the third quarter fiscal 2026?
Operating profit was $461M (25.0% of revenue) and net earnings $397M.