AI English summary of an SEC filing — figures as filed
The company said revenue for the second quarter, which ended April 30, 2026, was $1.72 billion, compared with $1.31 billion a year earlier. It said GAAP net income was $349 million, or $2.02 per share. Non-GAAP net income was $497 million, or $2.87 per share.
Key points
AI summaryThe company said revenue for the second quarter, which ended April 30, 2026, was $1.72 billion, compared with $1.31 billion a year earlier. It said GAAP net income was $349 million, or $2.02 per share. Non-GAAP net income was $497 million, or $2.87 per share.
Keysight said Communications Solutions Group revenue for Q2 was $1,231 million, up 35% from a year earlier, while Electronic Industrial Solutions Group revenue was $486 million, up 24%.
The company said that for the quarter ended April 30, 2026, it recorded a $100 million receivable in other current assets related to IEEPA tariff refunds, and a $40 million liability in other accrued liabilities for tariff surcharge refunds owed to customers.
Keysight said cash flow from operations was $501 million and free cash flow was $472 million for Q2. As of April 30, 2026, cash, cash equivalents, and restricted cash totaled $2.43 billion.
Summary
AI-writtenAnalysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.
QQ2 Revenue, GAAP Net Income and Non-GAAP Net Income
The company said revenue for the second quarter, which ended April 30, 2026, was $1.72 billion, compared with $1.31 billion a year earlier. It said GAAP net income was $349 million, or $2.02 per share. Non-GAAP net income was $497 million, or $2.87 per share.
Source · Based on the filing body and exhibits
Segment Revenue for Q2
Keysight said Communications Solutions Group revenue for Q2 was $1,231 million, up 35% from a year earlier, while Electronic Industrial Solutions Group revenue was $486 million, up 24%.
Source · Based on the filing body and exhibits
Accounting Treatment of IEEPA Tariff Refund Claims
The company said that for the quarter ended April 30, 2026, it recorded a $100 million receivable in other current assets related to IEEPA tariff refunds, and a $40 million liability in other accrued liabilities for tariff surcharge refunds owed to customers.
Source · Based on the filing body and exhibits
Operating Cash Flow, Free Cash Flow and Cash Balance for Q2
Keysight said cash flow from operations was $501 million and free cash flow was $472 million for Q2. As of April 30, 2026, cash, cash equivalents, and restricted cash totaled $2.43 billion.
Source · Based on the filing body and exhibits
AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.
Original filing
The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.
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