Record Quarterly Performance

Keysight Technologies reported fiscal‑second‑quarter 2026 results that set new single‑quarter records for orders, revenue and earnings‑per‑share. Revenue reached $1.72 billion, up 31‑32 % YoY, while non‑GAAP earnings per share were $2.87, beating estimates by 23 %. GAAP net income was $349 million or $2.02 EPS, and non‑GAAP net income $497 million ($2.87 EPS), a 73 % jump. The Communications Solutions Group generated $1.23 billion of revenue (35 % growth), with commercial‑communications sales up 40 % and aerospace/defense government work up 24 %. The Electronic Industrial Solutions Group posted $486 million in revenue (24 % YoY). Orders surged 56 % reported, with core orders up 48 % and acquisitions plus currency adding 700 and 100 basis points; core orders grew 48 %. A $100 million revenue receivable from recent tariff court rulings yielded $97 million in cost savings and $40 million in refunds that lowered revenue. Free cash flow was $472 million and cash, cash equivalents and restricted cash totaled $2.412 billion at April 30 2026.