US Market News
3週前
Keysight to Showcase Spectrum Innovations at IMS 2026May 26, 2026 11:00 AM
Business Wire Keysight Technologies (NYSE: KEYS): What: At the 2026 IEEE MTT-S International Microwave Symposium (IMS), Keysight Technologies will showcase solutions that help engineers accelerate spectrum utilization by solving complex RF design, emulation, and validation challenges. Demonstrations will highlight how engineers can move faster from concept to deployment while reducing risk across next-generation wireless, aerospace and defense, satellite, quantum computing, and 6G applications. When: June 7 – 12, 2026 Where: Keysight Booth #19035, Thomas M. Menino Convention & Exhibition Center, Boston, Mass. Media: Contact Andrea Mueller to schedule media briefings and solution demonstrations. At booth #19035, Keysight will feature three interactive solution zones: Simulate Cutting-Edge RF Designs
Design faster, explore more, and optimize RF systems earlier in the workflow. Featured demonstrations include: Transform RF Designs with AI – Demonstrates how AI-driven workflows automate RF design tasks, accelerate optimization, and improve design reuse across complex RF systems. Accelerate Quantum Design – Showcases unified quantum circuit, EM, and system simulations that streamlines superconducting qubit development and reduces costly test iterations. Emulate Real-World RF Environments
Create realistic RF environments to uncover issues before deployment. Featured demonstrations include: Turn Signal Complexity into Clarity – Demonstrates how advanced signal analysis accelerates spurious searches, spectral analysis, and MIMO evaluation in congested RF environments. Master High-Performance Signal Analysis – Showcases how wideband signal analysis enables high-speed validation of emerging V-band, satellite, and 6G waveforms. Unlock Sub-THz Device Characterization up to 250 GHz – Demonstrates sub-THz (250 GHz) four-port differential measurements for precise AI hardware characterization in a single sweep. Validate Complex RF Systems
Verify performance with confidence across increasingly complex RF architectures. Featured demonstrations include: Generate High-Fidelity Signal Generation – Demonstrates ultra-low phase noise and fast-switching signal generation for advanced 5G, 6G, NTN, and radar applications. Push PNT Systems to Their Limits – Features realistic PNT emulation that validates GNSS and complementary PNT systems under complex real-world conditions. Featured Talks with Keysight Experts: Technical Presentations: Calibration and Measurement Methods for Phased Array Beamforming Antennas
Joel Dunsmore, Keysight Fellow, and Mike Ballou, Director of Antenna Test
June 7 | 8 a.m. – 5:20 p.m.
Room #152 Practical Considerations for Applying AI to RF and Microwave EDA Workflows
Matthew Ozalas, Application Development Engineer & Scientist, Design Engineering Software
June 7 | 8 a.m. – 5:20 p.m.
Room #153 AB Over-the-Air Measurement of Distortion Error-Vector-Magnitude in a Reverberation Chamber
Thaimi Niubo Aleman, Research Engineer, and Jan Verspecht, Keysight R&D Fellow
June 10 | 8:20 a.m. – 8:40 a.m.
Room #254B Bootcamp: Phased Array Bootcamp
Murthy Upmaka, Solutions Engineering Fellow, and Ian Rippkie, Director Software Solutions Engineering
June 8 | 8:00 a.m. – 11:50 a.m.
Room #206 Panel discussion: How will the quantum computing explosion drive new growth in the RF electronics supply chain, and RF engineering careers?
Eric Holland, General Manager, Quantum Technologies
June 10 | 12 p.m. – 1:30 p.m.
Room #156C Will ML/AI really change our approach to device modelling and circuit design?
Alexander Petr, Senior Director
June 11 | 12 p.m. – 1:30 p.m.
Room #157 For additional information, visit Keysight at IMS 2026. About Keysight Technologies At Keysight (NYSE: KEYS), we inspire and empower innovators to bring world-changing technologies to life. As an S&P 500 company, we’re delivering market-leading design, emulation, and test solutions to help engineers develop and deploy faster, with less risk, throughout the entire product life cycle. We’re a global innovation partner enabling customers in communications, industrial automation, aerospace and defense, automotive, semiconductor, and general electronics markets to accelerate innovation to connect and secure the world. Learn more at Keysight Newsroom and www.keysight.com. View source version on businesswire.com: https://www.businesswire.com/news/home/20260526623269/en/ Keysight Media Contacts Andrea Mueller
Americas
andrea.mueller@keysight.com Fusako Dohi
Asia
fusako_dohi@keysight.com Jenny Gallacher
Europe
jenny.gallacher@keysight.com Original: Keysight to Showcase Spectrum Innovations at IMS 2026
US Market News
1月前
Keysight Technologies Reports Second Quarter 2026 ResultsMay 19, 2026 4:05 PM
Business Wire Delivered record results with over $2 billion in orders; full-year outlook raised Keysight Technologies, Inc. (NYSE: KEYS) today reported financial results for the second fiscal quarter ended April 30, 2026. “Keysight delivered the strongest quarter in the company’s history, capping a record first half with all-time highs in orders, revenue, EPS, and free cash flow,” said Satish Dhanasekaran, President and CEO of Keysight. “The disciplined decisions and strategic investments we have made over the past several years are enabling us to capitalize on accelerating demand and outperform. With strong year-to-date momentum and a robust pipeline of opportunities, we are raising our expectations for fiscal 2026.” Second Quarter Financial Summary Revenue was $1.72 billion, compared with $1.31 billion in the second quarter of 2025. GAAP net income was $349 million, or $2.02 per share, compared with $257 million, or $1.49 per share, in the second quarter of 2025. Non-GAAP net income was $497 million, or $2.87 per share, compared with $295 million, or $1.70 per share in the second quarter of 2025. Cash flow from operations was $501 million, compared to $484 million last year. Free cash flow was $472 million, compared to $457 million in the second quarter of 2025. As of April 30, 2026, cash, cash equivalents, and restricted cash totaled $2.43 billion. Reporting Segments Communications Solutions Group (CSG) CSG reported revenue of $1,231 million in the second quarter, up 35 percent from the prior year, reflecting 40 percent growth in commercial communications and 24 percent growth in aerospace, defense, and government. Electronic Industrial Solutions Group (EISG) EISG reported revenue of $486 million in the second quarter, up 24 percent from the prior year, reflecting double-digit growth across all end markets of automotive and energy, general electronics, and semiconductor. IEEPA Tariff Refund Claim In February 2026, the United States Supreme Court determined that certain tariffs imposed pursuant to the International Emergency Economic Powers Act (“IEEPA”) were not authorized by law. Subsequent rulings by the United States Court of International Trade have directed U.S. Customs and Border Protection to establish processes to effect refunds of certain tariffs previously collected. Based on these judicial determinations, for the quarter ended April 30, 2026, the Company recorded a receivable of $100 million within “other current assets” in the condensed consolidated balance sheet, representing recovery of tariffs previously paid and statutory interest on IEEPA tariff refunds, with corresponding offsets of $93 million to “cost of sales”, $4 million to “selling, general and administrative expenses”, and $3 million to “interest income” in the condensed consolidated statement of operations. In addition, the Company recorded a $40 million liability within “other accrued liabilities” in the condensed consolidated balance sheet representing the refund of tariff surcharge collected from customers, with a corresponding reduction of revenue in the condensed consolidated statement of operations. Outlook Keysight’s third fiscal quarter of 2026 revenue is expected to be in the range of $1.730 billion to $1.750 billion. The mid-point of the revenue range represents year-over-year growth of approximately 29%. Non-GAAP earnings per share for the third fiscal quarter of 2026 are expected to be in the range of $2.43 to $2.49, based on a weighted diluted share count of approximately 173 million shares. Certain items impacting the GAAP tax rate pertain to future events and are not currently estimable with a reasonable degree of accuracy; therefore, no reconciliation of GAAP earnings per share to non-GAAP has been provided. Further information is discussed in the section titled “Use of Non-GAAP Financial Measures” below. Webcast Keysight’s management will present more details about its second quarter FY2026 financial results and its third quarter FY2026 outlook on a conference call with investors today at 1:30 p.m. PT. This event will be webcast in listen-only mode. Listeners may log on to the call at www.investor.keysight.com under the “Upcoming Events” section and select “Q2 FY26 Keysight Technologies Inc. Earnings Conference Call” to participate. The call can also be accessed by dialing 1-646-307-1963 or 1-800-715-9871 toll-free (conference ID 81279). The webcast will remain on the company site for 90 days. Forward-Looking Statements This communication contains forward-looking statements as defined in the Securities Exchange Act of 1934 and is subject to the safe harbors created therein. The words “assume,” “expect,” “intend,” “will,” “should,” “outlook” and similar expressions, as they relate to the company, are intended to identify forward-looking statements. These forward-looking statements involve risks and uncertainties that could significantly affect the expected results and are based on certain key assumptions of Keysight’s management and on currently available information. Due to such uncertainties and risks, no assurances can be given that such expectations or assumptions will prove to have been correct, and readers are cautioned not to place undue reliance on such forward-looking statements, which speak only as of the date hereof. Keysight undertakes no responsibility to publicly update or revise any forward-looking statement. The forward-looking statements contained herein include, but are not limited to, predictions, future guidance, projections, beliefs, and expectations about the company’s goals, revenues, financial condition, earnings, and operations that involve risks and uncertainties that could cause Keysight’s results to differ materially from management’s current expectations. Such risks and uncertainties include, but are not limited to, impacts of global economic conditions such as inflation or recession, slowing demand for products or services, volatility in financial markets, reduced access to credit, increased interest rates, impacts of geopolitical tension and conflict outside of the U.S., export control regulations and compliance, net zero emissions commitments, customer purchasing decisions and timing, tariff and trade policy impacts and order cancellations. In addition to the risks above, other risks that Keysight faces include those detailed in Keysight’s filings with the Securities and Exchange Commission on Keysight’s annual report on Form 10-K for the period ended October 31, 2025 and Keysight’s quarterly report on Form 10-Q for the period ended January 31, 2026. Segment Data Segment data reflect the results of our reportable segments under our management reporting system. Segment data are provided on page 5 of the attached tables. Use of Non-GAAP Financial Measures In addition to financial information prepared in accordance with U.S. GAAP (“GAAP”), this document also contains certain non-GAAP financial measures based on management’s view of performance, including: Non-GAAP Net Income/Earnings Non-GAAP Net Income per share/Earnings per share Free Cash Flow Net Income per share is based on weighted average diluted share count. See the attached supplemental schedules for reconciliations of each non-GAAP financial measure to its most directly comparable GAAP financial measure for the three and six months ended April 30, 2026. Following the reconciliations is a discussion of the items adjusted from our non-GAAP financial measures and the company’s reasons for including or excluding certain categories of income or expenses from our non-GAAP results. About Keysight Technologies At Keysight (NYSE: KEYS), we inspire and empower innovators to bring world-changing technologies to life. As an S&P 500 company, we’re delivering market-leading design, emulation, and test solutions to help engineers develop and deploy faster, with less risk, throughout the entire product lifecycle. We’re a global innovation partner enabling customers in communications, industrial automation, aerospace and defense, automotive, semiconductor, and general electronics markets to accelerate innovation to connect and secure the world. Learn more at Keysight Newsroom and www.keysight.com. Source: IR-KEYS KEYSIGHT TECHNOLOGIES, INC. CONDENSED CONSOLIDATED STATEMENT OF OPERATIONS (In millions, except per share data) (Unaudited) PRELIMINARY Three months ended Six months ended April 30, April 30, 2026 2025 2026 2025 Orders $ 2,051 $ 1,316 $ 3,696 $ 2,579 Revenue $ 1,717 $ 1,306 $ 3,317 $ 2,604 Costs and expenses: Cost of products and services 539 492 1,144 970 Research and development 320 250 623 499 Selling, general and administrative 456 360 903 721 Other operating expense (income), net (5 ) (3 ) (8 ) (11 ) Total costs and expenses 1,310 1,099 2,662 2,179 Income from operations 407 207 655 425 Interest income 18 21 34 40 Interest expense (25 ) (20 ) (54 ) (40 ) Other income (expense), net 18 112 (19 ) 94 Income before taxes 418 320 616 519 Provision (benefit) for income taxes 69 63 (14 ) 93 Net income $ 349 $ 257 $ 630 $ 426 Net income per share: Basic $ 2.04 $ 1.49 $ 3.68 $ 2.47 Diluted $ 2.02 $ 1.49 $ 3.64 $ 2.45 Weighted average shares used in computing net income per share: Basic 171 172 171 173 Diluted 173 173 173 174 Page 1 KEYSIGHT TECHNOLOGIES, INC. CONDENSED CONSOLIDATED BALANCE SHEET (In millions, except par value and share data) (Unaudited) PRELIMINARY April 30, 2026 October 31, 2025 ASSETS Current assets: Cash and cash equivalents $ 2,412 $ 1,873 Accounts receivable, net 1,022 939 Inventory 1,038 1,050 Other current assets 570 486 Total current assets 5,042 4,348 Property, plant and equipment, net 741 795 Operating lease right-of-use assets 220 236 Goodwill 3,465 3,424 Other intangible assets, net 1,174 1,304 Long-term investments 169 211 Long-term deferred tax assets 335 373 Other assets 592 610 Total assets $ 11,738 $ 11,301 LIABILITIES AND EQUITY Current liabilities: Current portion of long-term debt $ 699 $ — Accounts payable 392 355 Employee compensation and benefits 448 399 Deferred revenue 737 652 Income and other taxes payable 124 207 Operating lease liabilities 52 51 Other accrued liabilities 197 186 Total current liabilities 2,649 1,850 Long-term debt 1,832 2,534 Retirement and post-retirement benefits 76 75 Long-term deferred revenue 251 232 Long-term operating lease liabilities 176 193 Other long-term liabilities 423 536 Total liabilities 5,407 5,420 Stockholders’ equity: Preferred stock; $0.01 par value; 100 million shares authorized; none issued and outstanding — — Common stock; $0.01 par value; 1 billion shares authorized; 203 million and 202 million shares issued, respectively 2 2 Treasury stock, at cost; 32.0 million shares and 30.8 million shares, respectively (4,108 ) (3,799 ) Additional paid-in-capital 2,982 2,851 Retained earnings 7,705 7,075 Accumulated other comprehensive loss (250 ) (248 ) Total stockholders' equity 6,331 5,881 Total liabilities and equity $ 11,738 $ 11,301 Page 2 KEYSIGHT TECHNOLOGIES, INC. CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS (In millions) (Unaudited) PRELIMINARY Six months ended April 30, 2026 2025 Cash flows from operating activities: Net income $ 630 $ 426 Adjustments to reconcile net income to net cash provided by operating activities: Depreciation 77 64 Amortization 135 70 Share-based compensation 134 98 Deferred tax expense (benefit) (30 ) (40 ) Excess and obsolete inventory-related charges 19 22 Gain on sale of investments (6 ) — Unrealized loss (gain) on investments in equity securities 48 (23 ) Other non-cash expenses (income), net 8 2 Changes in assets and liabilities, net of effects of businesses acquired: Accounts receivable (89 ) 123 Inventory (6 ) (18 ) Accounts payable 46 7 Employee compensation and benefits 61 20 Deferred revenue 91 52 Income taxes payable (103 ) 56 Other assets and liabilities (73 ) 3 Net cash provided by operating activities(a) 942 862 Cash flows from investing activities: Investments in property, plant and equipment (63 ) (59 ) Acquisitions of businesses and intangible assets, net of cash acquired (17 ) (3 ) Purchase of investments (17 ) (4 ) Proceeds from sale of investments 17 — Net cash used in investing activities (80 ) (66 ) Cash flows from financing activities: Proceeds from issuance of common stock under employee stock plans 32 31 Payment of taxes related to net share settlement of equity awards (35 ) (29 ) Treasury stock repurchases, including excise tax payments (310 ) (228 ) Proceeds from issuance of long-term debt — 748 Payment of acquisition-related consideration (14 ) — Debt issuance costs (1 ) (7 ) Net cash provided by (used in) financing activities (328 ) 515 Effect of exchange rate movements 6 10 Net increase in cash, cash equivalents, and restricted cash 540 1,321 Cash, cash equivalents, and restricted cash at beginning of period 1,890 1,814 Cash, cash equivalents, and restricted cash at end of period $ 2,430 $ 3,135 (a) Cash payments included in operating activities: Interest payments $ 70 $ 39 Income tax paid, net $ 84 $ 44 Page 3 KEYSIGHT TECHNOLOGIES, INC. NET INCOME AND DILUTED EPS RECONCILIATION (In millions, except per share data) (Unaudited) PRELIMINARY Three months ended Six months ended April 30, April 30, 2026 2025 2026 2025 Net Income Diluted EPS Net Income Diluted EPS Net Income Diluted EPS Net Income Diluted EPS GAAP Net income $ 349 $ 2.02 $ 257 $ 1.49 $ 630 $ 3.64 $ 426 $ 2.45 Non-GAAP adjustments: Amortization of acquisition-related balances 73 0.42 34 0.19 146 0.84 67 0.38 Share-based compensation 58 0.34 37 0.22 135 0.78 99 0.57 Acquisition and integration costs (benefits) 31 0.18 (74 ) (0.42 ) 60 0.35 24 0.14 Restructuring and others 4 0.03 12 0.07 16 0.09 25 0.14 Net loss (gain) on equity investments (6 ) (0.04 ) 14 0.08 42 0.25 (23 ) (0.13 ) Adjustment for taxes(a) (12 ) (0.08 ) 15 0.07 (156 ) (0.90 ) (6 ) (0.03 ) Non-GAAP Net income $ 497 $ 2.87 $ 295 $ 1.70 $ 873 $ 5.05 $ 612 $ 3.52 Weighted average shares outstanding - diluted 173 173 173 174 (a) For the three and six months ended April 30, 2026 and 2025, management used a non-GAAP effective tax rate of 14%, respectively. Please refer to the last page for details on the use of non-GAAP financial measures. Page 4 KEYSIGHT TECHNOLOGIES, INC. SEGMENT RESULTS INFORMATION (In millions, except where noted) (Unaudited) PRELIMINARY Communications Solutions Group Percent Q2'26 Q2'25 Inc/(Dec) Revenue $ 1,231 $ 913 35% Gross margin, % 74 % 67 % Income from operations $ 411 $ 236 Operating margin, % 33 % 26 % Electronic Industrial Solutions Group Percent Q2'26 Q2'25 Inc/(Dec) Revenue $ 486 $ 393 24% Gross margin, % 68 % 59 % Income from operations $ 161 $ 92 Operating margin, % 33 % 23 % Segment revenue and income from operations are consistent with the respective non-GAAP financial measures as discussed on last page. Page 5 KEYSIGHT TECHNOLOGIES, INC. FREE CASH FLOW (In millions) (Unaudited) PRELIMINARY Three months ended Six months ended April 30, April 30, 2026 2025 2026 2025 Net cash provided by operating activities $ 501 $ 484 $ 942 $ 862 Adjustments: Investments in property, plant and equipment (29 ) (27 ) (63 ) (59 ) Free cash flow $ 472 $ 457 $ 879 $ 803 Please refer to the last page for details on the use of non-GAAP financial measures. Page 6 KEYSIGHT TECHNOLOGIES, INC. REVENUE BY END MARKETS (In millions) (Unaudited) PRELIMINARY Percent Q2'26 Q2'25 Inc/(Dec) Aerospace, Defense and Government $ 373 $ 301 24% Commercial Communications 858 612 40% Electronic Industrial 486 393 24% Total Revenue $ 1,717 $ 1,306 31% Page 7 Non-GAAP Financial Measures Management uses both GAAP and non-GAAP financial measures to analyze and assess the overall performance of the business, to make operating decisions and to forecast and plan for future periods. We believe that our investors benefit from seeing our results “through the eyes of management” in addition to seeing our GAAP results. This information enhances investors’ understanding of the continuing performance of our business and facilitates comparison of performance to our historical and future periods. Our non-GAAP financial measures may not be comparable to similarly titled measures used by other companies, including industry peer companies, limiting the usefulness of these measures for comparative purposes. These non-GAAP measures should be considered supplemental to and not a substitute for financial information prepared in accordance with GAAP. The discussion below presents information about each of the non-GAAP financial measures and the company’s reasons for including or excluding certain categories of income or expenses from our non-GAAP results. In future periods, we may exclude such items and may incur income and expenses similar to these excluded items. Accordingly, adjustments for these items and other similar items in our non-GAAP presentation should not be interpreted as implying that these items are non-recurring, infrequent or unusual. Core Revenue/ Margin excludes the impact of foreign currency changes and revenue/ expenses associated with acquisitions or divestitures completed within the last twelve months. We exclude from the current period the impact of foreign currency changes as currency rates can fluctuate based on factors outside our control and may obscure underlying growth trends. To determine this impact, current period results for entities reporting in currencies other than United States dollars are converted into United States dollars at the actual exchange rates in effect during the respective prior periods. Given the nature, size and number of acquisitions can vary significantly from period to period and as compared to our peers, we also exclude revenue/ expenses associated with recently acquired businesses to facilitate comparisons of growth and analysis of underlying business trends. Percentages and period over period changes are calculated using underlying unrounded values and may not precisely reconcile to the rounded figures presented. Free cash flow includes cash provided by operating activities adjusted for net investments in property, plant & equipment. Non-GAAP Income from Operations, Non-GAAP Net Income and Non-GAAP Diluted EPS may include the following types of adjustments: Acquisition-related Items: We exclude the impact of certain items recorded in connection with business combinations from our non-GAAP financial measures that are either non-cash or not normal, recurring operating expenses due to their nature, variability of amounts and lack of predictability as to occurrence or timing. These amounts may include non-cash items such as the amortization of acquired intangible assets and amortization of items associated with fair value purchase accounting adjustments. We also exclude other acquisition and integration costs associated with business acquisitions that are not normal recurring operating expenses, including gain/loss on foreign exchange contracts and legal, accounting and due diligence costs. We exclude these charges to facilitate a more meaningful evaluation of our current operating performance and comparisons to our past operating performance. Share-based Compensation Expense: We exclude share-based compensation expense from our non-GAAP financial measures as it is primarily a non-cash charge and can vary significantly from period to period based on the company’s share price, as well as the timing, size and nature of equity awards granted. Management believes the exclusion of this expense facilitates the ability of investors to compare the company’s operating results with those of other companies, many of which also exclude share-based compensation expense in determining their non-GAAP financial measures. Restructuring and others: We exclude incremental expenses associated with restructuring initiatives including those of acquired entities, usually aimed at material changes in the business or cost structure. Such costs may include employee separation costs, asset impairments, facility-related costs, contract termination fees, and costs to move operations from one location to another. These activities can vary significantly from period to period based on the timing, size and nature of restructuring plans; therefore, we do not consider such costs to be normal, recurring operating expenses.
We also exclude “others,” not normal, recurring, cash operating income/expenses from our non-GAAP financial measures. Such items are evaluated on an individual basis, based on both quantitative and qualitative factors and generally represent items that we do not anticipate occurring as part of our normal business. While not all-inclusive, examples of such items would include significant non-recurring events like realized gains or losses associated with our employee benefit plans, costs and recoveries related to unusual events, gain on sale of assets/divestitures, adjustment attributable to non-controlling interest, etc. We believe that these costs do not reflect expected future operating expenses and do not contribute to a meaningful evaluation of the company’s current operating performance or comparisons to our operating performance in other periods. Net gains/losses on investments: We also exclude net gains and losses on equity investments, which primarily represent profits or losses recognized from changes in the fair value and/or sale of equity securities. Such fluctuations are driven by market conditions and factors beyond our control and are not indicative of the Company’s core operating results. Estimated Tax Rate: We utilize a consistent methodology for long-term projected non-GAAP tax rate. When projecting this long-term rate, we exclude any tax benefits or expenses that are not directly related to ongoing operations and which are either isolated or cannot be expected to occur again with any regularity or predictability. Additionally, we evaluate our current long-term projections, current tax structure and other factors, such as existing tax positions in various jurisdictions and key tax holidays in major jurisdictions where Keysight operates. This tax rate could change in the future for a variety of reasons, including but not limited to significant changes in geographic earnings mix including acquisition activity, or fundamental tax law changes in major jurisdictions where Keysight operates. The above reasons also limit our ability to reasonably estimate the future GAAP tax rate and provide a reconciliation of the expected non-GAAP earnings per share for the third quarter of fiscal 2026 to the GAAP equivalent. Management recognizes these items can have a material impact on our cash flows and/or our net income. Our GAAP financial statements, including our Condensed Consolidated Statement of Cash Flows, portray those effects. Although we believe it is useful for investors to see core performance free of special items, investors should understand that the excluded costs are actual expenses that may impact the cash available to us for other uses. To gain a complete picture of all effects on the company’s profit and loss from any and all events, management does (and investors should) rely upon the Condensed Consolidated Statement of Operations prepared in accordance with GAAP. The non-GAAP measures focus instead upon the core business of the company, which is only a subset, albeit a critical one, of the company’s performance. Page 8 View source version on businesswire.com: https://www.businesswire.com/news/home/20260519234500/en/ INVESTOR CONTACT:
Liz Morali
+1 707-577-2880
liz.morali @Tman1018-1541
andrea.mueller@keysight.com Original: Keysight Technologies Reports Second Quarter 2026 Results
US Market News
1月前
Keysight and SRC UK Collaborate to Advance EW Modernization with Advanced Test and SimulationMay 14, 2026 11:00 AM
Business Wire Initiative helps defense organizations modernize EW test and simulation with greater speed, flexibility, and reduced risk Keysight Technologies, Inc. (NYSE: KEYS) today announced a strategic collaboration with SRC UK Limited to support EW customers globally in modernizing their test and simulation environments. The initiative will help accelerate adoption of Keysight’s EWASP, enabling customers to transition to open, scalable, and software-defined architectures with greater efficiency and reduced operational risk. The collaboration also enables customers to preserve and integrate existing threat libraries and test assets into modern, open architectures, enabling continuity while accelerating modernization. As EW systems grow increasingly complex, defense organizations are seeking more flexible and high-fidelity test environments to validate performance, shorten development timelines, and ensure mission readiness. Through this collaboration, Keysight and SRC will align their respective strengths in EW simulation, systems integration, and local engineering support to address customer needs across global markets. The effort centers on supporting customers across key areas including engineering and integration services, training, and knowledge transfer. By combining Keysight’s expertise in EWASP architecture and scenario generation with SRC UK’s in-country engineering and support, customers gain faster deployment, improved access to expertise, and stronger operational readiness. This approach enables more accurate and repeatable validation of EW systems, the collaboration helps deliver reliable, high-performance capabilities for increasingly complex electromagnetic environments. Steve Davies, Managing Director at SRC UK, said: “Collaborating with Keysight allows us to bring advanced EW simulation capabilities closer to UK customers. By combining our proven EW, IMD, Mission Data and engineering expertise with Keysight’s EWASP platform, we can help organizations optimize their test environments while maintaining alignment with evolving mission requirements.” Eric Taylor, Vice President, Aerospace, Defense and Government Solutions at Keysight, said: “This effort reflects Keysight’s commitment to supporting our customers across the globe as they modernize EW capabilities. Together with SRC, we are expanding access to scalable, high-fidelity simulation and test solutions that reduce risk, improve efficiency, and accelerate mission readiness across the EW development lifecycle.” Resources EWASP; Advancing EW Test and Measurement EWASP Solution Catalog EWASP Solution Brief About Keysight Technologies At Keysight (NYSE: KEYS), we inspire and empower innovators to bring world-changing technologies to life. As an S&P 500 company, we’re delivering market-leading design, emulation, and test solutions to help engineers develop and deploy faster, with less risk, throughout the entire product life cycle. We’re a global innovation partner enabling customers in communications, industrial automation, aerospace and defense, automotive, semiconductor, and general electronics markets to accelerate innovation to connect and secure the world. Learn more at Keysight Newsroom and www.keysight.com. View source version on businesswire.com: https://www.businesswire.com/news/home/20260514972689/en/ Keysight Media Contacts Andrea Mueller
Americas
Andrea.mueller@keysight.com Fusako Dohi
Asia
fusako_dohi@keysight.com Jenny Gallacher
Europe
Jenny.gallacher@keysight.com Original: Keysight and SRC UK Collaborate to Advance EW Modernization with Advanced Test and Simulation
US Market News
1月前
Keysight Releases 2025 Corporate Social Responsibility Progress Report and DisclosuresMay 12, 2026 11:00 AM
Business Wire Report highlights global achievements in ethical business, sustainability, and social impact, noting that Keysight surpassed many of its 2025 CSR key impact goals Keysight Technologies, Inc. (NYSE: KEYS) released its 2025 Corporate Social Responsibility (CSR) Progress Report, highlighting the company’s recent achievements across ethical business and governance, environmental sustainability, and positive social impact. The progress report, with its accompanying 2025 CSR Data Report, encompasses Keysight’s CSR performance in fiscal year 2025 and includes operations worldwide. The CSR Data Report includes disclosures prepared with reference to the Global Reporting Initiative (GRI) revised universal topic standards and aligned to the Sustainability Accounting Standards Board (SASB) frameworks, as well as additional human capital metrics not included in the mentioned frameworks. Progress toward environmental goals Driven by sustained investment in responsible innovation, Keysight made steady progress toward its goal to achieve net zero greenhouse gas emissions by 2040, including science-based targets, and interim measures. In fiscal year 2025, energy-efficiency initiatives delivered an estimated 6,160 MWh in energy conservation and more than 1,740 metric tons of CO2e in annual emissions savings, while the company extended responsible practices across its global supply chain. Strengthened community investment Keysight bolstered its social impact, exceeding its goals by investing more than $319 million in communities and engaging over 3.5 million students through STEM education initiatives, reinforcing its commitment to empowering the next generation of innovators. Governance and ethics oversight Strong governance practices were reinforced through active board-level oversight. A 100% completion rate for Standards of Business Conduct training supported a culture of integrity. Enhanced materiality, assurance, and transparency strengthened preparedness for evolving global disclosure requirements, while the company met its goal for zero material negative impacts to the income statement from CSR-related efforts. Advancing a sustainable future Alongside ongoing global recognition for its leadership in sustainability and responsible business practices, the 2025 CSR Progress and Data Reports highlight a year of accomplishments. These reports provide clear insight into how Keysight is contributing to a more connected, secure, and sustainable world. Satish Dhanasekaran, President and Chief Executive Officer, Keysight, said: "I am proud of the progress we have achieved through integrity-led leadership, measurable sustainability advancement, and meaningful impact across communities worldwide. As we look ahead, we remain firmly committed to delivering purposeful technologies that create lasting value and contribute to a more resilient future.” Resources 2025 CSR Progress Report 2025 CSR Data Report Keysight CSR Website Keysight CSR Resources Hub Keysight CSR News, Awards, and Recognitions About Keysight Technologies At Keysight (NYSE: KEYS), we inspire and empower innovators to bring world-changing technologies to life. As an S&P 500 company, we’re delivering market-leading design, emulation, and test solutions to help engineers develop and deploy faster, with less risk, throughout the entire product life cycle. We’re a global innovation partner enabling customers in communications, industrial automation, aerospace and defense, automotive, semiconductor, and general electronics markets to accelerate innovation to connect and secure the world. Learn more at Keysight Newsroom and www.keysight.com. View source version on businesswire.com: https://www.businesswire.com/news/home/20260512471699/en/ Keysight Media Contacts
Andrea Mueller
Americas
andrea.mueller@keysight.com Fusako Dohi
Asia
fusako_dohi@keysight.com Jenny Gallacher
Europe
jenny.gallacher@keysight.com Original: Keysight Releases 2025 Corporate Social Responsibility Progress Report and Disclosures
US Market News
3月前
Keysight Launches SBOM Manager to Help Organizations Prepare for Emerging Global Cybersecurity RegulationsMarch 18, 2026 11:00 AM
Business Wire
New solution streamlines SBOM generation, vulnerability intelligence, and secure sharing to support compliance with the EU Cyber Resilience Act and global cybersecurity mandates
Keysight Technologies, Inc. (NYSE: KEYS) announced the launch of Keysight SBOM Manager, a new solution designed to help organizations meet growing global cybersecurity and software transparency requirements, led by the European Union’s Cyber Resilience Act (CRA). The solution provides a unified approach to generating, managing, and using Software Bill of Materials (SBOMs) for digital products, enabling organizations to meet regulatory obligations with greater accuracy, confidence, and consistency across the product lifecycle.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260318019254/en/Keysight SBOM Manager enables organizations to generate, manage, and securely share Software Bills of Materials, improving software transparency and supporting compliance with global cybersecurity regulations.
Cybersecurity regulations worldwide are converging on a common expectation: manufacturers must understand, manage, and disclose the components within their digital products, including software and firmware. Regulations such as the EU CRA, U.S. Executive Order 14028, U.S. Food and Drug Administration (FDA) cybersecurity requirements for medical devices, and emerging frameworks in Asia are making SBOMs a foundational requirement for market access, regulatory approval, and customer trust worldwide.
Keysight SBOM Manager is designed to support this shift by addressing the practical challenges organizations face as SBOM requirements expand. The solution enables broader and more accurate visibility into digital products by analyzing binary software, firmware, containers, and other packaged components, including closed-source and deeply embedded dependencies. It continuously correlates SBOMs with multiple authoritative vulnerability sources, intelligently filters out vulnerabilities that are not applicable, and supports the use of Vulnerability Exploitability eXchange (VEX). This enables teams to focus on meaningful risk rather than being overwhelmed by raw vulnerability data.
In addition, Keysight SBOM Manager supports secure and scalable sharing of SBOMs and vulnerability information through controlled, role-based access and version tracking, helping organizations meet regulatory and customer transparency expectations. Built-in validation and normalization help ensure SBOMs align with evolving standards and regulatory minimum requirements, while support for SBOM consumers enables organizations to ingest, manage, and map SBOMs to deployed digital assets, connecting transparency directly to real operational environments.
Naoki Shimazaki, Fourth Design Department, Director, Software-Defined Solutions Division, Connective Engineering Division, Hitachi Industry & Control Solutions, Ltd., said: “The use of SBOMs is becoming an essential element in monitoring system security risks, including software composition management and supply chain risk management. We believe that solutions such as these, which enable visibility into system components and support vulnerability impact analysis, have significant potential to strengthen organizations’ cybersecurity efforts.”
Dmitry Raidman, Co-founder and Chief Technology Officer, CyBeats, said: “While companies innovate at the speed of AI, they must also put tighter governance and stronger controls in place, especially as modern products increasingly rely on open source, third-party components, and AI-assisted development. Supply chain transparency and accountability are now paramount. To meet growing global regulations, organizations need the ability to continuously generate trustworthy SBOMs, correlate them with actionable vulnerability intelligence, apply VEX to reduce noise, and automate response workflows at scale. As transparency expectations expand across software, AI, cryptography, and hardware, visibility into the full digital product stack is becoming essential for secure-by-design development, regulatory readiness, and customer trust.”
Ram Periakaruppan, Vice President and General Manager, Network Test & Security Solutions at Keysight, said: “As cybersecurity regulations mature, SBOMs are becoming a prerequisite for doing business globally. Keysight SBOM Manager helps organizations meet these requirements with confidence by bringing accuracy, consistency, and scalability to SBOM generation and management.”
The EU CRA, which comes into force in 2026, requires manufacturers of connected digital products to implement cybersecurity risk management, maintain SBOMs, and report actively exploited vulnerabilities within 24 hours. Similar expectations are already in place through U.S. Executive Order 14028 and FDA cybersecurity guidance, while regulators in India, Japan, and South Korea are formalizing SBOM requirements across regulated sectors. Failure to comply can result in penalties, delayed approvals, recalls, or restricted market access.
By bringing together accurate SBOM generation for digital products, continuous vulnerability intelligence, secure sharing, data quality assurance, prioritization, and consumer-side visibility in a single platform, Keysight SBOM Manager helps organizations reduce regulatory risk, improve vulnerability response, and build greater trust across global digital supply chains.
Resources
Product Page: Keysight SBOM Manager
About Keysight Technologies
At Keysight (NYSE: KEYS), we inspire and empower innovators to bring world-changing technologies to life. As an S&P 500 company, we’re delivering market-leading design, emulation, and test solutions to help engineers develop and deploy faster, with less risk, throughout the entire product life cycle. We’re a global innovation partner enabling customers in communications, industrial automation, aerospace and defense, automotive, semiconductor, and general electronics markets to accelerate innovation to connect and secure the world. Learn more at Keysight Newsroom and www.keysight.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20260318019254/en/
Keysight Media Contacts
Andrea Mueller
Americas
andrea.mueller@keysight.com
Fusako Dohi
Asia
fusako_dohi@keysight.com
Jenny Gallacher
Europe
jenny.gallacher@keysight.com
Original: Keysight Launches SBOM Manager to Help Organizations Prepare for Emerging Global Cybersecurity Regulations
US Market News
3月前
Keysight Launches AI Inference Emulation Platform to Validate and Optimize AI InfrastructureMarch 17, 2026 11:00 AM
Business Wire
New platform validates and optimizes AI inference infrastructure at scale using real-world workload emulation; live demonstration at NVIDIA GTC in the NVIDIA DSX Air digital twin environment
Keysight Technologies, Inc. (NYSE: KEYS) today introduced Keysight AI Inference Builder (KAI Inference Builder), an emulation and analytics platform designed to validate inference-optimized AI infrastructure at scale. Keysight will demonstrate the solution at NVIDIA GTC, showcasing operation within NVIDIA DSX Air AI factory simulation environments to model and optimize AI data center infrastructure, architectures, and performance.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260317129916/en/Keysight AI Inference Builder is an emulation and analytics platform designed to validate AI inference infrastructure at real concurrency, real scale, and real workload diversity.
As the AI industry shifts from training large language models (LLMs) to deploying them, optimizing inference has become a crucial factor for ROI. However, inference behavior is highly dynamic and difficult to emulate. Traditional testing methods like synthetic traffic generation or GPU benchmarks cannot accurately reproduce the latency-sensitive workload behavior of AI inferencing across compute, networking, memory, storage, and security layers.
KAI Inference Builder closes that gap by recreating realistic inference workload patterns and modeling industry-specific usage patterns to validate AI infrastructure, applications, and data center deployments. The platform gives AI cloud providers, hardware vendors, and application developers a scalable solution for measuring, validating, and optimizing real-world inference performance.
Key benefits of KAI Inference Builder include:
Built for the Inference Era: As part of the Keysight Artificial Intelligence (KAI) portfolio, KAI Inference Builder emulates AI inference workloads at scale and validates full-stack deployments under real-world conditions to optimize performance, scale, and security.
Industry- and Application-Specific Benchmarking: Instead of generic emulations, KAI Inference Builder emulates industry-specific usage patterns and LLM architectures for AI models seen in finance, healthcare, and other verticals, enabling organizations to model and analyze infrastructure and application behavior across different types of AI data center deployments.
End-to-End Validation and Optimization: KAI Inference Builder evaluates inference workflows from user request to model response, helping teams reduce costly rework by identifying and resolving bottlenecks early across compute, network, and security layers.
Subsystem Isolation and Root-Cause Precision: KAI Inference Builder can also do client-only emulation, which identifies where performance bottlenecks emerge across the AI infrastructure stack under load, enabling targeted optimization that reduces overprovisioning, lowers costs, and improves overall efficiency.
NVIDIA DSX Air Integration and Live GTC Demo: Keysight will showcase KAI Inference Builder’s turnkey integration with NVIDIA Air at NVIDIA GTC, generating realistic inference workloads throughout NVIDIA’s data center simulation environment so operators can validate inference infrastructure before deploying physical equipment.
Ram Periakaruppan, Vice President and General Manager, Network Test & Security Solutions at Keysight, said: “Inference is the key to unlocking AI’s ROI, but that can be challenging to achieve when system resources aren’t optimized for capacity and performance. KAI Inference Builder provides visibility into real-world inference performance across the full stack, enabling customers to validate and optimize deployments before hardware reaches the rack. Showcasing this capability at NVIDIA GTC using NVIDIA’s Air platform demonstrates how organizations can accelerate the path to production while reducing risk and cost.”
Amit Katz, VP of Networking at NVIDIA, said: “As AI data centers scale to unprecedented levels, pre-deployment validation has transitioned from a best practice to a mission-critical requirement. The integration of KAI Inference Builder with NVIDIA DSX Air provides the essential environment needed to eliminate performance volatility, and enables NVIDIA AI Factory partners and customers to emulate real inference workloads and preemptively resolve bottlenecks, ensuring optimized AI services reach the market quickly.”
Keysight will showcase KAI Inference Builder, including the NVIDIA Air AI factory simulation demonstration, in pod C101 at the NVIDIA booth as well as Keysight’s booth (3217) at NVIDIA GTC San Jose, from March 16-19.
Resources
Product Page: Keysight AI Inference Builder
Promotional Page: Introducing KAI Inference Builder
Data Sheet: Keysight AI Inference Builder
Solution Brief: Inference: AI’s Inflection Point
Blog: Introducing Keysight AI Inference Builder
Blog: The Shape of Prompts
Blog: The Inference Stack Can Talk
Blog: The Fastest Path to the First AI Token
About Keysight Technologies
At Keysight (NYSE: KEYS), we inspire and empower innovators to bring world-changing technologies to life. As an S&P 500 company, we’re delivering market-leading design, emulation, and test solutions to help engineers develop and deploy faster, with less risk, throughout the entire product life cycle. We’re a global innovation partner enabling customers in communications, industrial automation, aerospace and defense, automotive, semiconductor, and general electronics markets to accelerate innovation to connect and secure the world. Learn more at Keysight Newsroom and www.keysight.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20260317129916/en/
Keysight Media Contacts
Andrea Mueller
Americas
Andrea.Mueller@keysight.com
Fusako Dohi
Asia
fusako_dohi@keysight.com
Jenny Gallacher
Europe
jenny.gallacher@keysight.com
Original: Keysight Launches AI Inference Emulation Platform to Validate and Optimize AI Infrastructure
US Market News
3月前
Keysight Expands Digital-Layer Error Performance Validation for High-Speed 1.6T Interconnects in AI Data CentersMarch 11, 2026 11:00 AM
Business Wire
Real-world error performance validation across the full interconnect lifecycle to reduce risk, lower-costs, and ensure reliable components, sub-assemblies, and complete cable assemblies
Keysight Technologies, Inc. (NYSE: KEYS) today introduced the Functional Interconnect Test Solutions (FITS) portfolio and FITS-8CH, the suite’s first product. FITS-8CH delivers digital-layer bit error ratio (BER) and forward error correction (FEC) performance validation for high-speed optical and copper interconnects used in network equipment and production network infrastructures.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260311264702/en/FITS-8CH delivers real world digital-layer interconnect error performance validation across the development and manufacturing lifecycle.
As interconnect speeds increase and designs grow more complex, manufacturers of chips, optical and copper interconnects, and network equipment face mounting pressure to ensure reliability before products reach mass production and throughout the manufacturing process. Traditional physical-layer test tools play a vital role in validating electrical lanes against industry specifications, establishing a strong compliance baseline. Building on this foundation, system-level validation helps extend insight into the performance of fully integrated interconnects and operational sub-assemblies, including error behavior in realistic environments.
Accurate assessment of real-world system conditions is only possible when all interconnect electrical or optical lanes undergo high-speed error-performance validation. Without this testing, the risk of production delays or costly failures in the field increases. This includes validating error performance for high-speed PAM4 electrical lanes operating at 53 Gb/s, 106 Gb/s, and 212 Gb/s, which underpin today’s 400GE, 800GE, and 1.6T Ethernet network architectures.
FITS-8CH addresses this system-level error performance gap by providing multiple-lane error performance validation at the digital layer, supporting PAM4 error performance assessment across all relevant electrical lane speeds and extending beyond physical-layer measurements. This enables reliable validation throughout the design, development, and manufacturing of high-speed interconnects for high-volume deployment in large-scale networks. The chassis also integrates with Keysight’s physical layer test solutions, expanding the number of applications and topologies it supports.
Built for reliability, scale, and manufacturing readiness, FITS-8CH supports today’s network-testing demands, where even marginal error performance can impact large-scale deployments. Key benefits include:
Multiple-lane BER and FEC Validation: Enables simultaneous, bi-directional real-time testing on all eight transmit and eight receive channels, supporting PAM4 signaling speeds from 53 Gb/s to 212.5 Gb/s. Validating system-level error performance using BER and FEC enables testing of complete optical and copper interconnect assemblies rather than isolated measurements at critical stages, including R&D, product development, in-process manufacturing, end-of-line testing, and system-level qualification. Using this approach, manufacturers can confidently release verified pre-production designs to mass production and benchmark reliability under real-world operating conditions.
Flexible Channel Architecture: Two complementary channel groups — high-drive outputs and chip-to-module (C2M) interfaces — support a broader range of electrical fixtures and interconnect topologies. This architecture gives teams greater flexibility to support more configurations of electrical fixtures, Ethernet interconnects, active cables, and silicon topologies without redesigning test setups or compromising signal fidelity.
High-Quality Signal Generation: IEEE P802.3dj-compliant signal generation and excellent signal integrity performance even under difficult conditions provide clean, well-controlled transmit signals required for accurate BER and FEC measurements at all supported channel speeds. By delivering signals that meet defined requirements, teams can evaluate error performance based on the true behavior of the device or interconnect under test, rather than limitations introduced by the test environment. This is especially important in high-speed, multiple-lane designs, where small signal variations can lead to borderline or misleading results.
Automated Lane Tuning: Optimizes PAM4 signal output performance with lane-by-lane tuning that automatically adjusts transmit tap settings and opens the electrical eye of the PAM4 signal for each lane. This improves measurement consistency and repeatability, reducing the risk of passing assemblies with marginal or borderline error performance.
Early Detection of Manufacturing and Configuration Issues: Identifies problems such as mechanical misalignment, thermal failures, and non-optimized or incorrect digital signal processor (DSP) tap settings during in-process or end-of-line testing—reducing the costly impact and likelihood of defective products reaching customers.
Kenji Liao, High-Speed Interconnect PM Director, UDE Corporation, said: “With FITS-8CH, Keysight provides the digital-layer error performance analysis we need to verify 1.6T AEC BER-per-lane requirements under realistic operating conditions. The ability to characterize lane-level error behavior across complete interconnect assemblies helps us identify margin issues earlier and maintain consistency as we transition designs into volume production. Integrating this solution into our development and manufacturing workflow strengthens our confidence that UDE’s high-speed interconnects will meet the stringent performance targets our customers expect. The partnership between UDE and Keysight allows us to use this new solution to support error performance validation across development and manufacturing.”
Ram Periakaruppan, Vice President and General Manager, Network Test & Security Solutions, Keysight, said: “As validation requirements move up the stack from the physical layer, our customers increasingly need solutions that scale across development, manufacturing, and deployment. FITS-8CH represents Keysight’s expansion into digital-layer interconnect validation, combining years of deep measurement expertise with the global reach, field support, and portfolio continuity customers rely on for production environments including AI data centers. This is the first offering in our FITS portfolio, a new series of solutions designed to support error performance validation across the entire product lifecycle.”
Keysight will showcase FITS and other network validation solutions in South Hall, booth #1300 from March 17-19, 2026, at the OFC Conference at the Los Angeles Convention Center, Los Angeles, Calif.
Resources
Product Page: FITS-8CH
Data Sheet: FITS-8CH Data Sheet
About Keysight Technologies
At Keysight (NYSE: KEYS), we inspire and empower innovators to bring world-changing technologies to life. As an S&P 500 company, we’re delivering market-leading design, emulation, and test solutions to help engineers develop and deploy faster, with less risk, throughout the entire product lifecycle. We’re a global innovation partner enabling customers in communications, industrial automation, aerospace and defense, automotive, semiconductor, and general electronics markets to accelerate innovation to connect and secure the world. Learn more at Keysight Newsroom and www.keysight.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20260311264702/en/
Keysight Media Contacts
Andrea Mueller
Americas
Andrea.mueller@keysight.com
Fusako Dohi
Asia
fusako_dohi@keysight.com
Jenny Gallacher
Europe
jenny.gallacher@keysight.com
Original: Keysight Expands Digital-Layer Error Performance Validation for High-Speed 1.6T Interconnects in AI Data Centers
US Market News
3月前
Keysight Debuts Purpose-Built 1.6T Ethernet AI Workload Emulation Platform to Validate Next-Generation AI FabricsMarch 10, 2026 11:00 AM
Business Wire
Platform reduces risk, cost, and development time with real-world AI workload emulation and data-center-ready scalability across emerging 224G lanes
Keysight Technologies, Inc. (NYSE: KEYS) announces AresONE 1600GE, a scalable 1.6T Ethernet AI workload emulation platform designed to validate next-generation AI fabrics operating over emerging 224G SerDes (electrical lanes). The solution enables network equipment and silicon chip manufacturers, hyperscalers, and AI data center operators to emulate large-scale AI compute nodes and validate AI fabrics before and after deployment.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260310152823/en/The rack-mount AresONE 1600GE unifies physical layer validation, AI workload emulation, and traffic and protocol testing all on one platform.
As AI workloads drive rapid growth in scale-up and scale-out networking, the industry is transitioning to higher data rates and increased AI switch radix (number of ports on a switch) via fan-out of 800GE and 1600GE ports, improving AI fabric efficiency and reducing network tiers. However, validating new designs at these speeds presents significant challenges, including link integrity over 224G lanes, congestion behavior under microbursts, and realistically emulating AI collective communications.
To address these challenges, the purpose-built AresONE 1600GE platform combines high-density 1.6T architecture with Keysight AI Data Center Builder (KAI DC Builder) software, delivering realistic AI workload emulation required to validate next-generation AI fabrics. With KAI DC Builder, the platform emulates real-world AI workloads, including multiple full-stack RoCEv2 connections and a broad range of collective communication patterns. Teams can assess key fabric KPIs under conditions that closely mirror production environments, while integrated data collection and analytics improve visibility, helping engineers fine-tune fabric performance.
Unifying AI workload emulation, physical layer validation, and traffic and protocol testing into a single platform, the AresONE 1600GE delivers:
AI data center and network validation at scale: Enables AI fabric deployment assessment using real AI workloads and GPU cluster emulation at high speeds. Tests GPUs, AI NICs, and accelerators pre- and post-deployment, measures network impact on job completion time, and evaluates performance isolation, load balancing, and congestion control to optimize AI training performance.
High-density OSFP 1600 hardware architecture: The rack-mount platform delivers four OSFP 1600 ports supporting flexible fan out configurations of 1 × 1600GE, 2 × 800GE, 4 × 400GE, or 8 × 200GE over 224G SerDes electrical lanes, enabling link bring-up and large-scale traffic validation in a single scalable system.
Full-stack validation from physical layer through AI-driven data and control plane: Supports optical and electrical link validation, forward error correction (FEC) and physical coding behavior, and full Layer 2/3 protocol and traffic analysis within one platform — correlating signal integrity, protocol behavior, and application performance.
Scalable data center-ready system design: High-performance processing and memory enable automated, repeatable testing, seamless lab and data center integration, and reliable day-to-day operation across development and validation cycles.
Integrates with Keysight IxNetwork: Emulates high-scale Layer 2/3 protocols and traffic at lane speed, providing engineers with greater visibility to identify issues earlier and accelerate product readiness.
Alan Weckel, Founder and Technology Analyst, 650 Group, said: “The market is rapidly shifting from foundational training to inference and agentic models. The AI interconnect market (scale-up, scale-out, scale-across, and front-end) networks will approach $200B by 2030 led by record growth in 800G and 1.6T Ethernet. The move to 1.6T will be the largest and fastest cycle ever in the industry. Keysight’s additional AI validation software features along with AresONE 1600GE hardware will help customers scale in this new market opportunity.”
Ram Periakaruppan, Vice President and General Manager, Keysight's Network Test and Security Solutions, said: “As AI workloads continue to scale, data centers are pushing speeds and complexity the industry has never seen before. With AresONE 1600GE, Keysight provides hyperscalers and other AI innovators a practical, proven way to validate next-generation network devices and infrastructure under real-world conditions, enabling faster deployment with greater confidence and significantly less risk.”
Keysight will demonstrate the AresONE 1600GE and KAI Data Center Builder, along with additional test solutions, in South Hall, booth #1300, March 17-19, 2026, at the OFC Conference at the Los Angeles Convention Center, Los Angeles, CA
Resources
Product Page: AresONE 1600GE
Data Sheet: AresONE 1600GE Data Sheet
About Keysight Technologies
At Keysight (NYSE: KEYS), we inspire and empower innovators to bring world-changing technologies to life. As an S&P 500 company, we’re delivering market-leading design, emulation, and test solutions to help engineers develop and deploy faster, with less risk, throughout the entire product lifecycle. We’re a global innovation partner enabling customers in communications, industrial automation, aerospace and defense, automotive, semiconductor, and general electronics markets to accelerate innovation to connect and secure the world. Learn more at Keysight Newsroom and www.keysight.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20260310152823/en/
Keysight Media Contacts
Andrea Mueller
Americas
Andrea.mueller@keysight.com
Fusako Dohi
Asia
+81 42 660-2162
fusako_dohi@keysight.com
Jenny Gallacher
Europe
jenny.gallacher@keysight.com
Original: Keysight Debuts Purpose-Built 1.6T Ethernet AI Workload Emulation Platform to Validate Next-Generation AI Fabrics
US Market News
4月前
Keysight to Showcase AI-Driven Wireless Innovations and 6G Readiness at Mobile World Congress 2026February 25, 2026 1:00 PM
Business Wire
Keysight (NYSE: KEYS):
What: At Mobile World Congress 2026, Keysight Technologies will demonstrate how it is accelerating the future of connected intelligence with agentic AI and high-fidelity emulation. From advancing 6G research and enabling AI-driven radio access network (RAN) innovation to validating non-terrestrial network (NTN) devices, Keysight helps optimize performance, reduce risk, and accelerate the deployment of resilient, future-ready networks.
When: March 2-5, 2026
Where: Hall 5, Keysight booth #5F41
Fira de Barcelona Gran Via, Barcelona, Spain
Info: Keysight at Mobile World Congress 2026
Keysight will present the following demonstrations that are accelerating the future of connected intelligence:
Pioneer 5G-Advanced to 6G
Keysight will showcase 5G-Advanced and early 6G readiness through a demo on high-precision radio frequency (RF) digital twins. Keysight will also demonstrate machine learning (ML) based channel state information (CSI) compression. The focus will be on realistic channel emulation and closed-loop testing that support AI-native air-interface development, reproducible lab workflows, and accelerated progress toward 6G.
Software demonstrations will also include several validation use cases including pre-6G FR3 air-based performance, Integrated Sensing and Communications (ISAC) simulation-to-emulation workflows, and end-to-end 5G-Advanced eRedCap device testing. In addition, Keysight will highlight quantum photonics testing, and low-noise multichannel RF signal generation.
Unlock AI Performance
Keysight will highlight the validation of AI and ML across networks, wireless systems, devices, and infrastructure under realistic network conditions. Use cases include agentic AI for autonomous wireless testing, high-order Multiple-Input, Multiple-Output (MIMO) evaluation, GPU inference benchmarking, and AI-driven security and network threat defense.
Scale AI-RAN
Keysight will showcase the validation of AI-driven RAN modules, including testing, data collection, AI/ML training, and benchmarking in one streamlined workflow. In addition, Keysight will demonstrate how agentic AI, telecom-specific large telecom models (LTMs), and digital twins enable operators to automate 5G and 6G network operations.
Software demonstrations will also include end-to-end AI and RAN validation, AI workload scheduling for AI-RAN and real-time coordination across terrestrial and non-terrestrial networks. These capabilities support dynamic coverage deployment and improved network resilience.
Launch Next-Gen Space
This demo features end-to-end NR-NTN device and modem validation. Keysight’s network emulation solution empowers device and modem makers to reduce deployment risk, shorten validation timelines, and ensure device performance aligns with real-world commercial NTN service requirements at launch. In addition, Keysight will showcase how its integrated positioning, navigation, and timing (PNT) capabilities improve performance and reduce development risk.
Several software demonstrations will also be available highlighting NTN quality of service (QoS) evaluation, live-to-lab PNT testing, multi-orbit handover, and NTN scenario emulation. Together, these capabilities enable repeatable, operationally relevant validation of next-generation satellites and NTNs.
About Keysight Technologies
At Keysight (NYSE: KEYS), we inspire and empower innovators to bring world-changing technologies to life. As an S&P 500 company, we're delivering market-leading design, emulation, and test solutions to help engineers develop and deploy faster, with less risk, throughout the entire product lifecycle. We're a global innovation partner enabling customers in communications, industrial automation, aerospace and defense, automotive, semiconductor, and general electronics markets to accelerate innovation to connect and secure the world. Learn more at Keysight Newsroom and www.keysight.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20260225376916/en/
Keysight Media Contacts
Andrea Mueller
Americas
andrea.mueller@keysight.com
Jenny Gallacher
Europe
+44 118 927 4003
jenny.gallacher@keysight.com
Fusako Dohi
Asia
+81 42 660-2162
fusako_dohi@keysight.com
Original: Keysight to Showcase AI-Driven Wireless Innovations and 6G Readiness at Mobile World Congress 2026
US Market News
4月前
Cybeats and Keysight Partner to OEM Cybeats' SBOM Platform for Software Supply Chain SecurityFebruary 24, 2026 6:55 AM
PR Newswire (Canada)
TORONTO and SANTA ROSA, Calif., Feb. 24, 2026 /CNW/ - Cybeats Technologies Corp. ("Cybeats" or the "Company") (CSE: CYBT) (OTCQB: CYBCF), a leading provider of software supply-chain security and SBOM management solutions, announces a partnership with Keysight Technologies ("Keysight") (NYSE: KEYS), a global leader in design, emulation, and test solutions. Through the partnership, Keysight will OEM and sell Cybeats' SBOM Studio and SBOM Consumer as the Keysight SBOM Manager platform. Keysight is already applying Cybeats' SBOM Studio in customer environments, with early commercial activity demonstrating demand for integrated SBOM-driven security and assurance workflows across complex product ecosystems. The partnership also allows Cybeats to resell Keysight binary analysis.The partnership brings together Cybeats' SBOM and Vulnerability lifecycle management platform with Keysight's deep expertise in binary analysis, SBOM generation capability, and security validation and assurance. The partnership enhances customers' ability to translate SBOM data into actionable security and compliance outcomes. Together, the companies aim to help organizations operating in highly regulated, safety-critical environments improve visibility into software components, manage third-party risk, and meet complex, evolving regulatory and customer requirements."As regulatory and customer expectations evolve, SBOMs are no longer just compliance artifacts; they must be operationalized across validation, assurance, and life cycle management," said Ram Periakaruppan, Vice President and General Manager, Keysight's Network Test and Security Solutions. "By integrating Cybeats' lifecycle capabilities with Keysight's deep binary analysis and validation technologies, we are enabling customers to move from static transparency to continuous software risk intelligence." "Keysight works with organizations that operate in highly complex and security-sensitive environments," said Dmitry Raidman, CTO of Cybeats. "Working closely with Keysight reinforces the importance of treating SBOMs as living operational assets rather than static documents. This partnership reflects a shared view that connecting software transparency and auditability with testing and assurance can help teams make more informed software supply-chain risk decisions."The partnership supports organizations across industries, including industrial automation, aerospace and defense, automotive, telecommunications, and critical infrastructure, where software supply chain risk and regulatory scrutiny continue to increase.About Cybeats Technologies Corp.Cybeats Technologies Corp. (CSE: CYBT, OTCQB: CYBCF) is a cybersecurity company providing Software Bill of Material (SBOM) management and software supply chain intelligence technology, helping organizations manage risk, meet compliance requirements, and secure their software from procurement through development and operations. Cybeats platform gives customers comprehensive visibility and transparency into their software supply chain, enabling them to improve operational efficiency, increase revenue, and align organizations with current and future regulations. Cybeats. Software Made Certain. Website: www.cybeats.comAbout Cybeats SBOM PlatformCybeats delivers a comprehensive Software Supply Chain Security Platform comprising SBOM Studio, SBOM Consumer, and integrated SBOM generation capabilities.SBOM Studio serves as the enterprise management layer for the software security lifecycle. It enables organizations to identify, enrich, govern, and continuously monitor third-party and open-source components embedded within their products. By providing structured visibility into component origin, composition, and evolving risk, SBOM Studio supports proactive vulnerability management, regulatory alignment, and long-term security posture maintenance.SBOM Consumer extends this capability to organizations that receive software from suppliers. It allows security, procurement, and risk teams to ingest, analyze, validate, and continuously monitor incoming SBOMs at scale. This ensures transparency across the supplier ecosystem, strengthens third-party risk management, and enables faster, evidence-based security decisions.Quality Analysis & Auto-Correction: AI-driven SBOM enrichment improves accuracy, structure, and usability of component data.Real-Time Vulnerability Monitoring: Continuous tracking of risks from discovery to remediation.Regulatory Compliance & Secure Sharing: Simplifies audits, supports mandates, and enables secure SBOM distribution.Scalable Enterprise Deployment: Integrates across multi-tenant and complex supply chain environments.Security & Asset Visibility: Structured SBOM ingestion strengthens risk assessment across critical sectors. About Keysight SBOM Generator Keysight SBOM Generator is a next-generation binary analysis engine designed to extract highly accurate SBOMs from compiled binaries, firmware, and containers. It uses patent-pending binary similarity analysis and code emulation techniques to detect both open-source and proprietary components, without requiring source code or build access. Capabilities:Extracts SBOMs from firmware, containers, and software binariesDetects open and closed source componentsAnalyzes compressed images via high-speed unpackingIdentifies components not declared in source-based SBOMsSupports legacy firmwareForward-looking Information Cautionary StatementThis press release contains statements which constitute "forward-looking information" within the meaning of applicable securities laws, including statements regarding the plans, intentions, beliefs and current expectations of the Company with respect to future activities. Forward- looking information is often identified by the words "may," "would," "could," "should," "will," "intend," "plan," "anticipate," "believe," "estimate," "expect" or similar expressions and include information regarding: (i) statements regarding the future direction of the Company (ii) the ability of the Company to successfully achieve its business and financial objectives, and (iii) expectations for other economic, business, and/or competitive factors. Investors are cautioned that forward-looking information is not based on historical facts but instead reflect the Company's management's expectations, estimates or projections concerning the business of the Company's future results or events based on the opinions, assumptions and estimates of management considered reasonable at the date the statements are made. Although the Company believes that the expectations reflected in such forward-looking information are reasonable, such information involves risks and uncertainties, and undue reliance should not be placed on such information, as unknown or unpredictable factors could have material adverse effects on future results, performance or achievements of the combined company. Among the key factors that could cause actual results to differ materially from those projected in the forward-looking information are the following: changes in general economic, business and political conditions, including changes in the financial markets; and in particular in the ability of the Company to raise debt and equity capital in the amounts and at the costs that it expects; adverse changes in the public perception of the Company's products; decreases in the prevailing prices for the Company's products; adverse changes in applicable laws; or adverse changes in the application or enforcement of current laws; and other risks described in the Company's public disclosure documents filed on SEDAR+ at www.sedarplus.ca. Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward-looking information prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected. Although the Company has attempted to identify important risks, uncertainties and factors which could cause actual results to differ materially, there may be others that cause results not to be as anticipated, estimated or intended. The Company does not intend, and does not assume any obligation, to update this forward-looking information except as otherwise required by applicable law.No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.SOURCE Cybeats Technologies Corp.
Original: Cybeats and Keysight Partner to OEM Cybeats' SBOM Platform for Software Supply Chain Security
US Market News
4月前
Keysight Technologies Reports First Quarter 2026 ResultsFebruary 23, 2026 4:05 PM
Business Wire
Achieved record revenue with double-digit growth across business segments
Keysight Technologies, Inc. (NYSE: KEYS) today reported financial results for the first fiscal quarter ended January 31, 2026.
“Keysight had a strong start to the fiscal year with outstanding results that exceeded our expectations,” said Satish Dhanasekaran, Keysight’s President and CEO. “The investments we have made over the last 3 years are enabling us to capitalize on continued momentum in our markets and deliver value.”
First Quarter Financial Summary
Revenue was $1.60 billion, compared with $1.30 billion in the first quarter of 2025.
GAAP net income was $281 million, or $1.63 per share, compared with $169 million, or $0.97 per share, in the first quarter of 2025.
Non-GAAP net income was $376 million, or $2.17 per share, compared with $317 million, or $1.82 per share in the first quarter of 2025.
Cash flow from operations was $441 million, compared to $378 million last year. Free cash flow was $407 million, compared to $346 million in the first quarter of 2025.
As of January 31, 2026, cash, cash equivalents, and restricted cash totaled $2.20 billion.
Reporting Segments
Communications Solutions Group (CSG)
CSG reported revenue of $1,124 million in the first quarter, up 27 percent from the prior year, reflecting 33 percent growth in commercial communications and 18 percent growth in aerospace, defense, and government.
Electronic Industrial Solutions Group (EISG)
EISG reported revenue of $476 million in the first quarter, up 15 percent from the prior year, reflecting double-digit growth across all end markets of automotive and energy, general electronics, and semiconductor.
Outlook
Keysight’s second fiscal quarter of 2026 revenue is expected to be in the range of $1.690 billion to $1.710 billion. The mid-point of the revenue range represents year-over-year growth of approximately 30%. Non-GAAP earnings per share for the second fiscal quarter of 2026 are expected to be in the range of $2.27 to $2.33, based on a weighted diluted share count of approximately 173 million shares. This outlook does not include any potential impacts related to the February 20, 2026 Supreme Court ruling on IEEPA tariffs or subsequent actions by the U.S. administration. Certain items impacting the GAAP tax rate pertain to future events and are not currently estimable with a reasonable degree of accuracy; therefore, no reconciliation of GAAP earnings per share to non-GAAP has been provided. Further information is discussed in the section titled “Use of Non-GAAP Financial Measures” below.
Webcast
Keysight’s management will present more details about its first quarter FY2026 financial results and its second quarter FY2026 outlook on a conference call with investors today at 1:30 p.m. PT. This event will be webcast in listen-only mode. Listeners may log on to the call at www.investor.keysight.com under the “Upcoming Events” section and select “Q1 FY26 Keysight Technologies Inc. Earnings Conference Call” to participate. The call can also be accessed by dialing 1-646-844-6383 or 1-833-470-1428 toll-free (access code 147302). The webcast will remain on the company site for 90 days.
Forward-Looking Statements
This communication contains forward-looking statements as defined in the Securities Exchange Act of 1934 and is subject to the safe harbors created therein. The words “assume,” “expect,” “intend,” “will,” “should,” “outlook” and similar expressions, as they relate to the company, are intended to identify forward-looking statements. These forward-looking statements involve risks and uncertainties that could significantly affect the expected results and are based on certain key assumptions of Keysight’s management and on currently available information. Due to such uncertainties and risks, no assurances can be given that such expectations or assumptions will prove to have been correct, and readers are cautioned not to place undue reliance on such forward-looking statements, which speak only as of the date hereof. Keysight undertakes no responsibility to publicly update or revise any forward-looking statement. The forward-looking statements contained herein include, but are not limited to, predictions, future guidance, projections, beliefs, and expectations about the company’s goals, revenues, financial condition, earnings, and operations that involve risks and uncertainties that could cause Keysight’s results to differ materially from management’s current expectations. Such risks and uncertainties include, but are not limited to, impacts of global economic conditions such as inflation or recession, slowing demand for products or services, volatility in financial markets, reduced access to credit, increased interest rates, impacts of geopolitical tension and conflict outside of the U.S., export control regulations and compliance, net zero emissions commitments, customer purchasing decisions and timing, tariff and trade policy impacts and order cancellations.
In addition to the risks above, other risks that Keysight faces include those detailed in Keysight’s filings with the Securities and Exchange Commission on Keysight’s annual report on Form 10-K for the period ended October 31, 2025.
Segment Data
Segment data reflect the results of our reportable segments under our management reporting system. Segment data are provided on page 5 of the attached tables.
Use of Non-GAAP Financial Measures
In addition to financial information prepared in accordance with U.S. GAAP (“GAAP”), this document also contains certain non-GAAP financial measures based on management’s view of performance, including:
Non-GAAP Net Income/Earnings
Non-GAAP Net Income per share/Earnings per share
Free Cash Flow
Net Income per share is based on weighted average diluted share count. See the attached supplemental schedules for reconciliations of each non-GAAP financial measure to its most directly comparable GAAP financial measure for the three months ended January 31, 2026. Following the reconciliations is a discussion of the items adjusted from our non-GAAP financial measures and the company’s reasons for including or excluding certain categories of income or expenses from our non-GAAP results.
About Keysight Technologies
At Keysight (NYSE: KEYS), we inspire and empower innovators to bring world-changing technologies to life. As an S&P 500 company, we’re delivering market-leading design, emulation, and test solutions to help engineers develop and deploy faster, with less risk, throughout the entire product lifecycle. We’re a global innovation partner enabling customers in communications, industrial automation, aerospace and defense, automotive, semiconductor, and general electronics markets to accelerate innovation to connect and secure the world. Learn more at Keysight Newsroom and www.keysight.com.
Source: IR-KEYS
KEYSIGHT TECHNOLOGIES, INC.
CONDENSED CONSOLIDATED STATEMENT OF OPERATIONS
(In millions, except per share data)
(Unaudited)
PRELIMINARY
Three months ended
January 31,
2026
2025
Orders
$
1,645
$
1,263
Revenue
$
1,600
$
1,298
Costs and expenses:
Cost of products and services
605
478
Research and development
303
249
Selling, general and administrative
447
361
Other operating expense (income), net
(3
)
(8
)
Total costs and expenses
1,352
1,080
Income from operations
248
218
Interest income
16
19
Interest expense
(29
)
(20
)
Other income (expense), net
(37
)
(18
)
Income before taxes
198
199
Provision (benefit) for income taxes
(83
)
30
Net income
$
281
$
169
Net income per share:
Basic
$
1.64
$
0.97
Diluted
$
1.63
$
0.97
Weighted average shares used in computing net income per share:
Basic
172
173
Diluted
173
174
Page 1
KEYSIGHT TECHNOLOGIES, INC.
CONDENSED CONSOLIDATED BALANCE SHEET
(In millions, except par value and share data)
(Unaudited)
PRELIMINARY
January 31, 2026
October 31, 2025
ASSETS
Current assets:
Cash and cash equivalents
$
2,178
$
1,873
Accounts receivable, net
914
939
Inventory
1,048
1,050
Other current assets
561
486
Total current assets
4,701
4,348
Property, plant and equipment, net
757
795
Operating lease right-of-use assets
229
236
Goodwill
3,474
3,424
Other intangible assets, net
1,251
1,304
Long-term investments
147
211
Long-term deferred tax assets
330
373
Other assets
592
610
Total assets
$
11,481
$
11,301
LIABILITIES AND EQUITY
Current liabilities:
Accounts payable
$
334
$
355
Employee compensation and benefits
329
399
Deferred revenue
729
652
Income and other taxes payable
196
207
Operating lease liabilities
52
51
Other accrued liabilities
165
186
Total current liabilities
1,805
1,850
Long-term debt
2,534
2,534
Retirement and post-retirement benefits
75
75
Long-term deferred revenue
237
232
Long-term operating lease liabilities
186
193
Other long-term liabilities
439
536
Total liabilities
5,276
5,420
Stockholders’ equity:
Preferred stock; $0.01 par value; 100 million shares authorized; none issued and outstanding
—
—
Common stock; $0.01 par value; 1 billion shares authorized; 203 million and 202 million shares issued, respectively
2
2
Treasury stock, at cost; 31.2 million shares and 30.8 million shares, respectively
(3,886
)
(3,799
)
Additional paid-in-capital
2,932
2,851
Retained earnings
7,356
7,075
Accumulated other comprehensive loss
(199
)
(248
)
Total stockholders' equity
6,205
5,881
Total liabilities and equity
$
11,481
$
11,301
Page 2
KEYSIGHT TECHNOLOGIES, INC.
CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS
(In millions)
(Unaudited)
PRELIMINARY
Three months ended
January 31,
2026
2025
Cash flows from operating activities:
Net income
$
281
$
169
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation
38
31
Amortization
67
35
Share-based compensation
76
62
Deferred tax expense (benefit)
(1
)
(10
)
Excess and obsolete inventory-related charges
9
9
Gain on sale of investments
(5
)
—
Unrealized loss (gain) on investments in equity securities
53
(37
)
Other non-cash expenses (income), net
6
1
Changes in assets and liabilities, net of effects of businesses acquired:
Accounts receivable
33
53
Inventory
(3
)
(26
)
Accounts payable
(13
)
(16
)
Employee compensation and benefits
(61
)
(38
)
Deferred revenue
70
43
Income taxes payable
(41
)
34
Income taxes receivable
(53
)
(5
)
Other assets and liabilities
(15
)
73
Net cash provided by operating activities(a)
441
378
Cash flows from investing activities:
Investments in property, plant and equipment
(34
)
(32
)
Acquisitions of businesses and intangible assets, net of cash acquired
(16
)
—
Proceeds from sale of investments
7
—
Other investing activities
(1
)
(1
)
Net cash used in investing activities
(44
)
(33
)
Cash flows from financing activities:
Proceeds from issuance of common stock under employee stock plans
32
31
Payment of taxes related to net share settlement of equity awards
(31
)
(29
)
Treasury stock repurchases, including excise tax payments
(87
)
(75
)
Payment of acquisition-related consideration
(13
)
—
Other financing activities
—
(1
)
Net cash used in financing activities
(99
)
(74
)
Effect of exchange rate movements
7
(8
)
Net increase in cash, cash equivalents, and restricted cash
305
263
Cash, cash equivalents, and restricted cash at beginning of period
1,890
1,814
Cash, cash equivalents, and restricted cash at end of period
$
2,195
$
2,077
(a) Cash payments included in operating activities:
Interest payments
$
32
$
—
Income tax paid, net
$
18
$
9
Page 3
KEYSIGHT TECHNOLOGIES, INC.
NET INCOME AND DILUTED EPS RECONCILIATION
(In millions, except per share data)
(Unaudited)
PRELIMINARY
Three months ended
January 31,
2026
2025
Net Income
Diluted EPS
Net Income
Diluted EPS
GAAP Net income
$
281
$
1.63
$
169
$
0.97
Non-GAAP adjustments:
Amortization of acquisition-related balances
73
0.42
33
0.19
Share-based compensation
77
0.44
62
0.36
Acquisition and integration costs
29
0.17
98
0.56
Restructuring and others
60
0.34
(24
)
(0.14
)
Adjustment for taxes(a)
(144
)
(0.83
)
(21
)
(0.12
)
Non-GAAP Net income
$
376
$
2.17
$
317
$
1.82
Weighted average shares outstanding - diluted
173
174
(a) For the three months ended January 31, 2026 and 2025, management used a non-GAAP effective tax rate of 14%, respectively.
Please refer to the last page for details on the use of non-GAAP financial measures.
Page 4
KEYSIGHT TECHNOLOGIES, INC.
SEGMENT RESULTS INFORMATION
(In millions, except percentages)
(Unaudited)
PRELIMINARY
Communications Solutions Group
Percent
Q1'26
Q1'25
Inc/(Dec)
Revenue
$
1,124
$
883
27
%
Gross margin, %
68
%
68
%
Income from operations
$
309
$
240
Operating margin, %
27
%
27
%
Electronic Industrial Solutions Group
Percent
Q1'26
Q1'25
Inc/(Dec)
Revenue
$
476
$
415
15
%
Gross margin, %
62
%
61
%
Income from operations
$
130
$
114
Operating margin, %
27
%
27
%
Segment revenue and income from operations are consistent with the respective non-GAAP financial measures as discussed on last page.
Page 5
KEYSIGHT TECHNOLOGIES, INC.
FREE CASH FLOW
(In millions)
(Unaudited)
PRELIMINARY
Three months ended
January 31,
2026
2025
Net cash provided by operating activities
$
441
$
378
Adjustments:
Investments in property, plant and equipment
(34
)
(32
)
Free cash flow
$
407
$
346
Please refer to the last page for details on the use of non-GAAP financial measures.
Page 6
KEYSIGHT TECHNOLOGIES, INC.
REVENUE BY END MARKETS
(In millions)
(Unaudited)
PRELIMINARY
Percent
Q1'26
Q1'25
Inc/(Dec)
Aerospace, Defense and Government
$
366
$
311
18
%
Commercial Communications
758
572
33
%
Electronic Industrial
476
415
15
%
Total Revenue
$
1,600
$
1,298
23
%
Page 7
Non-GAAP Financial Measures
Management uses both GAAP and non-GAAP financial measures to analyze and assess the overall performance of the business, to make operating decisions and to forecast and plan for future periods. We believe that our investors benefit from seeing our results “through the eyes of management” in addition to seeing our GAAP results. This information enhances investors’ understanding of the continuing performance of our business and facilitates comparison of performance to our historical and future periods.
Our non-GAAP financial measures may not be comparable to similarly titled measures used by other companies, including industry peer companies, limiting the usefulness of these measures for comparative purposes.
These non-GAAP measures should be considered supplemental to and not a substitute for financial information prepared in accordance with GAAP. The discussion below presents information about each of the non-GAAP financial measures and the company’s reasons for including or excluding certain categories of income or expenses from our non-GAAP results. In future periods, we may exclude such items and may incur income and expenses similar to these excluded items. Accordingly, adjustments for these items and other similar items in our non-GAAP presentation should not be interpreted as implying that these items are non-recurring, infrequent or unusual.
Core Revenue/ Margin excludes the impact of foreign currency changes and revenue/ expenses associated with acquisitions or divestitures completed within the last twelve months. We exclude from the current period the impact of foreign currency changes as currency rates can fluctuate based on factors that are not within our control and can obscure growth trends. As the nature, size and number of acquisitions can vary significantly from period to period and as compared to our peers, we also exclude revenue/ expenses associated with recently acquired businesses to facilitate comparisons of growth and analysis of underlying business trends.
Percentages and period over period changes are calculated using underlying unrounded values and may not precisely reconcile to the rounded figures presented.
Free cash flow includes cash provided by operating activities adjusted for net investments in property, plant & equipment.
Non-GAAP Income from Operations, Non-GAAP Net Income and Non-GAAP Diluted EPS may include the following types of adjustments:
Acquisition-related Items: We exclude the impact of certain items recorded in connection with business combinations from our non-GAAP financial measures that are either non-cash or not normal, recurring operating expenses due to their nature, variability of amounts and lack of predictability as to occurrence or timing. These amounts may include non-cash items such as the amortization of acquired intangible assets and amortization of items associated with fair value purchase accounting adjustments. We also exclude other acquisition and integration costs associated with business acquisitions that are not normal recurring operating expenses, including gain/loss on foreign exchange contracts and legal, accounting and due diligence costs. We exclude these charges to facilitate a more meaningful evaluation of our current operating performance and comparisons to our past operating performance.
Share-based Compensation Expense: We exclude share-based compensation expense from our non-GAAP financial measures because share-based compensation expense can vary significantly from period to period based on the company’s share price, as well as the timing, size and nature of equity awards granted. Management believes the exclusion of this expense facilitates the ability of investors to compare the company’s operating results with those of other companies, many of which also exclude share-based compensation expense in determining their non-GAAP financial measures.
Restructuring and others: We exclude incremental expenses associated with restructuring initiatives including those of acquired entities, usually aimed at material changes in the business or cost structure. Such costs may include employee separation costs, asset impairments, facility-related costs, contract termination fees, and costs to move operations from one location to another. These activities can vary significantly from period to period based on the timing, size and nature of restructuring plans; therefore, we do not consider such costs to be normal, recurring operating expenses.
We also exclude “others,” not normal, recurring, cash operating income/expenses from our non-GAAP financial measures. Such items are evaluated on an individual basis, based on both quantitative and qualitative factors and generally represent items that we do not anticipate occurring as part of our normal business. While not all-inclusive, examples of such items would include net gains/losses on investments, significant non-recurring events like realized gains or losses associated with our employee benefit plans, costs and recoveries related to unusual events, gain on sale of assets/divestitures, adjustment attributable to non-controlling interest, etc. We believe that these costs do not reflect expected future operating expenses and do not contribute to a meaningful evaluation of the company’s current operating performance or comparisons to our operating performance in other periods.
Estimated Tax Rate: We utilize a consistent methodology for long-term projected non-GAAP tax rate. When projecting this long-term rate, we exclude any tax benefits or expenses that are not directly related to ongoing operations and which are either isolated or cannot be expected to occur again with any regularity or predictability. Additionally, we evaluate our current long-term projections, current tax structure and other factors, such as existing tax positions in various jurisdictions and key tax holidays in major jurisdictions where Keysight operates. This tax rate could change in the future for a variety of reasons, including but not limited to significant changes in geographic earnings mix including acquisition activity, or fundamental tax law changes in major jurisdictions where Keysight operates. The above reasons also limit our ability to reasonably estimate the future GAAP tax rate and provide a reconciliation of the expected non-GAAP earnings per share for the second quarter of fiscal 2026 to the GAAP equivalent.
Management recognizes these items can have a material impact on our cash flows and/or our net income. Our GAAP financial statements, including our Condensed Consolidated Statement of Cash Flows, portray those effects. Although we believe it is useful for investors to see core performance free of special items, investors should understand that the excluded costs are actual expenses that may impact the cash available to us for other uses. To gain a complete picture of all effects on the company’s profit and loss from any and all events, management does (and investors should) rely upon the Condensed Consolidated Statement of Operations prepared in accordance with GAAP. The non-GAAP measures focus instead upon the core business of the company, which is only a subset, albeit a critical one, of the company’s performance.
Page 8
View source version on businesswire.com: https://www.businesswire.com/news/home/20260223993923/en/
INVESTOR CONTACT:
Liz Morali
+1 707 577 2880
liz.morali@keysight.com
MEDIA CONTACT:
Andrea Mueller
+ 1 408-236-1541
andrea.mueller@keysight.com
Original: Keysight Technologies Reports First Quarter 2026 Results
US Market News
5月前
Keysight Launches Wireless Coexistence Test Solution to Accelerate Compliance and InnovationJanuary 27, 2026 4:00 PM
Business Wire
Smart, scalable, platform helps engineers reduce regulatory risk and validate wireless device performance faster in crowded RF environments
Keysight Technologies, Inc. (NYSE: KEYS) today announced the release of its new Wireless Coexistence Test Solution, an automated, and standards-aligned platform designed to help engineers quickly and repeatably validate wireless device performance in increasingly crowded RF environments.
As wireless devices proliferate across healthcare, consumer, and industrial applications, engineers face growing pressure to demonstrate reliable operation in the presence of interference — both to meet regulatory expectations and to ensure real-world performance. Keysight’s new solution addresses this challenge by automating wireless coexistence testing, reducing manual setup, improving repeatability, and enabling earlier risk identification during development.
In regulated markets such as medical devices, wireless reliability is directly tied to patient safety and regulatory approval. The U.S. Food and Drug Administration recommends manufacturers assess wireless coexistence risk, with guidelines pointing to ANSI C63.27 as a recognized framework for evaluation. However, executing these tests manually is time-consuming, complex, and difficult to reproduce. Keysight’s Wireless Coexistence Test Solution automates pre-compliance testing aligned with ANSI C63.27, helping teams identify interference risks earlier, reduce rework, and better prepare for regulatory submissions.
The Wireless Coexistence Test Solution includes a built-in library of close to one hundred predefined test scenarios aligned with ANSI C63.27, enabling engineers to efficiently execute all three tiers, from baseline interference to complex multi-signal environments, without building custom test setups from scratch. To replicate real-world RF conditions, the solution integrates a wideband vector signal generator covering 9 kHz to 8.5 GHz, scalable to 110 GHz, with modulation bandwidths up to 250 MHz (expandable to 2.5 GHz), and one RF port supporting up to eight virtual signals.
Built on OpenTAP, an open-source cross-platform test sequencer, the solution offers scalable, configurable testing through a user-friendly GUI and open architecture, allowing engineers to upload custom waveforms and validate test plans offline in simulation mode. The solution streamlines the entire test flow with sequenced automation, reducing test cycle time by over 50 percent and shifting focus from setup tasks to device-under-test (DUT) behavior analysis. Together, these capabilities ensure engineers can accelerate R&D development, achieve compliance, and deliver safer, more reliable wireless devices.
In addition to the test platform, Keysight offers consulting expertise to help teams define, track, and measure key performance indicators such as latency, throughput, jitter, and packet rate error (PER) — tailored to specific devices and operational use cases.
Han Sing Lim, Vice President and General Manager of Keysight’s General Electronic Measurement Division, said: “Wireless coexistence testing is no longer optional — it’s essential for ensuring product safety, performance, and regulatory readiness. With our new Wireless Coexistence Test Solution, engineers can automate ANSI C63.27-aligned testing, shorten development cycles, and gain earlier insight into how their devices perform in real-world RF environments. It’s a smarter, faster path for R&D, enabling iterative testing across real-world use cases and scenarios.”
Resources
Keysight Wireless Coexistence Test Solution
How to Test Wireless Coexistence for Medical Devices Use Case
About Keysight Technologies
At Keysight (NYSE: KEYS), we inspire and empower innovators to bring world-changing technologies to life. As an S&P 500 company, we’re delivering market-leading design, emulation, and test solutions to help engineers develop and deploy faster, with less risk, throughout the entire product life cycle. We’re a global innovation partner enabling customers in communications, industrial automation, aerospace and defense, automotive, semiconductor, and general electronics markets to accelerate innovation to connect and secure the world. Learn more at Keysight Newsroom and www.keysight.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20260127649425/en/
Keysight Media Contacts
Andrea Mueller
Americas / Europe
Andrea.mueller@keysight.com
Fusako Dohi
Asia
+81 42 660-2162
fusako_dohi@keysight.com
Original: Keysight Launches Wireless Coexistence Test Solution to Accelerate Compliance and Innovation
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