Filing Flows › Keysight Technologies (KEYS) › Q4 FY25
Keysight Technologies (KEYS) Q4 FY25 earnings results (fourth quarter fiscal 2025)
10-K filed Dec 17, 2025
Keysight Technologies (KEYS) reported revenue of $1.4B for the fourth quarter fiscal 2025 (Q4 FY25), +10% from a year earlier and +5% from the quarter before. Operating margin was 15.3%, net earnings $233M (16.4% of revenue).
Keysight Technologies, Q4 FY25: revenue $1.4B (+10% year over year), operating margin 15.3%, net earnings $233M, operating cash flow $225M. The chart follows the revenue to costs, profit and cash.
| Q4 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.4B | +5% | +10% |
| Operating profit | $217M | -7% | -6% |
| Net earnings | $233M | +22% | — |
| Operating cash flow | $225M | -30% | -37% |
| Free cash flow | $188M | — | -43% |
What changed
Revenue was $1.4B in Q4 FY25, up 10% year over year and up 5% from the previous quarter. CSG was the largest line at 70% of revenue.
Operating profit was $0.22B, a 15.3% margin (down 2.6 points year over year). Operating profit fell $0.01B even though revenue rose $0.13B versus Q4 FY24, so costs grew faster than sales. Total costs grew 14% against revenue growth of 10%. Net earnings were $0.23B. The effective tax rate was 23.1%. Non-operating items added $0.09B, 28% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was $0.23B (down 37% year over year), 97% of net earnings. Non-cash charges added back $0.07B of depreciation and amortization and $0.03B of share-based compensation. Working capital and other items used $0.12B. After investments in property, plant and equipment, net ($0.04B), free cash flow as the company reports it was $0.19B.
Questions
What was Keysight Technologies' revenue in the fourth quarter fiscal 2025?
Keysight Technologies (KEYS) reported revenue of $1.4B for the fourth quarter fiscal 2025 (Q4 FY25), +10% from a year earlier and +5% from the quarter before.
Was Keysight Technologies profitable in the fourth quarter fiscal 2025?
Operating profit was $217M (15.3% of revenue) and net earnings $233M.