finance
Keysight Technologies Reports Record Q2 2026 Results
Keysight Technologies reported record second-quarter results on Tuesday, May 19, 2026. Revenue rose 31 percent and earnings per share increased 69 percent compared with the same quarter last year.
May 19, 5:27 PM·1m read1 source
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Keysight Technologies released its fiscal second-quarter 2026 financial results and held an earnings conference call on Tuesday, May 19, 2026. The company reported record performance with orders growing 56 percent year over year to surpass $2 billion. Revenue grew 31 percent and earnings per share grew 69 percent. Free cash flow reached a record $472 million.
The group saw broad strength in commercial communications and aerospace, defense and government sectors. Wireline orders reached record levels, driven by demand for research and development and manufacturing solutions. Keysight said its AI-related business has already exceeded the full-year total achieved in 2025.
The company cited four main drivers: AI infrastructure scaling, speed transitions, optical and photonics technologies, and system-level emulations.
Keysight raised its full-year revenue growth expectation to the high 20s percent range. The company maintained its $375 million revenue guidance from acquisitions for fiscal 2026. Integration and synergy realization remain on track, according to the earnings call.
Management stated that continued investments in AI, defense technology, and space are central to future growth plans. The company reported a balance sheet with more than $2 billion in cash and cash equivalents.
