Keysight Technologies (NYSE: KEYS) — Q3 FY2026 Post Earnings

Post earnings note company quarterly analysis

Operations

Q3 2026
Q3 Revenue ↑ 36.5% YoY $1.85B
Segments
Communications Solutions Group 72.9%
Electronic Industrial Solutions Group 27.1%

Key Earnings Driver

Terabit Transceivers Communications Solutions Group revenue increased 43.1% to $1.345B. Within Communications Solutions Group, Commercial Communications increased 56.2% to $1.01B. Keysight stated the year-over-year increase in revenue was primarily driven by our customers R&D spend in terabit solutions and expanding 400G/800G/1.6 terabit transceiver manufacturing capacity to meet rising demand for AI capabilities. Electronic Industrial Solutions Group revenue increased 21.6% to $501M.

Key Operating Metrics¹

METRIC

STATUS

Communications Solutions Group↑ 43.1%

Commercial Communications↑ 56.2%

Terabit transceivers

🟢 Scaling

Aerospace, Defense, and Government↑ 14.5%

Electronic Industrial Solutions Group↑ 21.6%

Key Financial Metrics

Gross Margin 65.87% +4.19 pp YoY
Backlog / Revenue 146.1% 1.46x Qtr Rev
CapEx Intensity 1.84% 0.01x Revenue

Key Operating Metrics¹: Core operating metrics relevant to revenue, sourced from website and/or SEC filings for Q, with status based on reported data.

Keysight Technologies (NYSE: KEYS) — Q3 FY2026 Pre Earnings

Pre earnings note company quarterly analysis

Operations

Q2 2026
Q2 Revenue ↑ 31.5% YoY $1.72B
Segments
Communications Solutions Group 71.7%
Electronic Industrial Solutions Group 28.3%

Key Earnings Driver

Commercial Communications Communications Solutions Group revenue increased 34.8% year over year to $1.23B. Within Communications Solutions Group, Commercial Communications revenue increased 40.2% to $858M, and Aerospace, Defense and Government revenue increased 23.9%. Electronic Industrial Solutions Group revenue increased 23.7% to $486M.

Key Operating Metrics¹

METRIC

STATUS

Communications Solutions Group↑ 34.8%

Commercial Communications↑ 40.2%

🟢 Scaling

Aerospace, Defense and Government↑ 23.9%

Electronic Industrial Solutions Group↑ 23.7%

Key Operating Metrics¹: Core operating metrics relevant to revenue, sourced from website and/or SEC filings for Q, with status based on reported data.