Keysight Reports Record Q2 Results, Raises Full-Year Outlook

summarizeSummary

Keysight Technologies announced record second-quarter financial results, exceeding expectations across key metrics and prompting an increase in its full-year fiscal 2026 outlook.

check_boxKey Events · Earnings and Guidance · KEYS

• Record Second Quarter Performance

  Keysight reported its strongest quarter ever, with Q2 2026 revenue of $1.72 billion (up 31% year-over-year), GAAP diluted EPS of $2.02 (up from $1.49), and non-GAAP diluted EPS of $2.87 (up from $1.70).

• Full-Year Outlook Raised

  Following the strong Q2 results, the company raised its expectations for fiscal year 2026, indicating continued positive momentum.

• Strong Q3 Guidance

  For the third fiscal quarter of 2026, Keysight expects revenue between $1.730 billion and $1.750 billion, representing approximately 29% year-over-year growth at the midpoint, with non-GAAP EPS projected between $2.43 and $2.49.

• Segment Growth Across the Board

  Both the Communications Solutions Group (CSG) and Electronic Industrial Solutions Group (EISG) reported significant double-digit revenue growth, up 35% and 24% respectively from the prior year.

auto_awesomeAnalysis · KEYS · Industrial Applications And Services

Keysight Technologies delivered its strongest quarter in company history, with record orders, revenue, EPS, and free cash flow. This exceptional performance led management to raise its full-year outlook for fiscal 2026, signaling robust demand and effective strategic execution. The positive results, coupled with the raised guidance, are significant for a company of this scale and reinforce investor confidence, especially as the stock is already trading near its 52-week high.