Keysight Q2 revenue rises 31% to $1.72 billion; full-year outlook raised
Keysight reported second-quarter fiscal 2026 revenue of $1.72 billion, up from $1.31 billion a year earlier, and GAAP diluted earnings per share of $2.02, up from $1.49. The company raised its fiscal 2026 expectations and gave third-quarter revenue guidance of $1.730 billion to $1.750 billion. The results include a $100 million tariff refund receivable tied to IEEPA tariff rulings, partly offset by a $40 million customer refund liability.
Key points
- Revenue $1.72 billion vs. $1.31 billion a year earlier; GAAP diluted EPS $2.02 vs. $1.49
- Non-GAAP diluted EPS $2.87 vs. $1.70 in the second quarter of 2025
- Third-quarter fiscal 2026 revenue guidance of $1.730 billion to $1.750 billion; non-GAAP EPS guidance of $2.43 to $2.49
- Second-quarter results include a $100 million IEEPA tariff refund receivable and a $40 million liability for refunds of tariff surcharges collected from customers
The filing
Written by AI on Nov 8, 2026, 1:30 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 19, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.