Keysight Q2 Revenue and EPS Top Guidance
Orders rose 8% year-over-year to $1.316 billion, resulting in both revenue and EPS exceeding the high end of guidance (non-GAAP).
Keysight Technologies, Inc. (NYSE:KEYS) reported results for the second quarter of fiscal 2025 on May 20, 2025, delivering $1.31 billion in revenue and $1.70 in adjusted earnings per share, both above guidance. Orders increased 8% year-over-year and 4% sequentially, driven by double-digit growth in commercial communications and sustained demand in strategic R&D end markets. The company raised its full-year growth outlook for FY2025, highlighting strong operational execution, robust end-market demand, and effective capital allocation, while providing detailed updates regarding tariff impacts and mitigation strategies.
Recent orders strength is being fueled by accelerating adoption of next-generation data center architectures, demand for advanced wireline and AI data center technologies, and expanding customer engagement in both electrical and optical domains. Software and services contributed approximately 36% of total sales, while annual recurring revenue reached 28% of the mix.
Keysight’s technological leadership and early product milestones in emerging wireline and data center standards position the company to gain share as customers accelerate digital infrastructure transition, supporting sustainable mid- to high-single-digit revenue growth.
