← Keysight Technologies, Inc.

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Cash flows from operating activities:
Adjustments to reconcile net income to net cash provided by operating activities:
Net Income (Loss) Attributable to Parent $335.0m $102.0m $165.0m $621.0m $627.0m $894.0m $1.1b $1.1b $614.0m $850.0m
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest $335.0m $102.0m $165.0m $621.0m $627.0m $894.0m $1.1b $1.1b $618.0m —
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent — — — — — — — — — $869.0m
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent — — — — — — — — — ($19.0m)
Depreciation, Depletion and Amortization $134.0m $225.0m $103.0m $96.0m $104.0m $117.0m $117.0m $120.0m $126.0m $131.0m
Amortization $49.0m $133.0m $207.0m $212.0m $222.0m $176.0m $106.0m $92.0m $144.0m $145.0m
Amortization of Debt Issuance Costs $0 $9.0m $0 $0 $0 — $0 $0 ($12.0m) ($8.0m)
Amortization of Intangible Assets $43.0m $131.0m $204.0m $210.0m $220.0m $174.0m $103.0m $90.0m $138.0m $137.0m
Depreciation $85.0m $92.0m $103.0m $96.0m $104.0m $117.0m $117.0m $120.0m $126.0m $131.0m
Deferred Income Tax Expense (Benefit) $17.0m ($47.0m) ($789.0m) ($2.0m) $41.0m ($53.0m) $7.0m ($3.0m) $268.0m ($116.0m)
Share-based Payment Arrangement, Noncash Expense $49.0m $56.0m $59.0m $82.0m $92.0m $103.0m $125.0m $135.0m $137.0m $162.0m
Payment, Tax Withholding, Share-based Payment Arrangement — — $18.0m $26.0m $53.0m $53.0m $74.0m $49.0m $31.0m $39.0m
Share-based Payment Arrangement, Expense $49.0m $56.0m $59.0m $82.0m $93.0m $104.0m $126.0m $136.0m $145.0m $176.0m
Equity Securities without Readily Determinable Fair Value, Impairment Loss, Annual Amount — — — $0 $0 $0 $0 $0 $0 ($93.0m)
Goodwill, Impairment Loss $0 $0 $709.0m $0 $0 $0 $0 $0 $0 $0
Impairment of Intangible Assets (Excluding Goodwill) — — — $0 $0 $0 $0 $0 $0 $0
Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill) — $7.0m $5.0m $5.0m — — — — $0 $0
Share-based Payment Arrangement, Expensed and Capitalized, Amount $49.0m $56.0m $59.0m $82.0m — — — — — —
Gain (Loss) on Disposition of Assets ($10.0m) ($8.0m) ($20.0m) $1.0m $0 — — — — —
Gain (Loss) on Disposition of Business — — $20.0m $1.0m $0 — — — — —
Income Tax Expense (Benefit) $31.0m $77.0m ($576.0m) $94.0m $134.0m $116.0m $161.0m $300.0m $251.0m $213.0m
Interest Expense Nonoperating — — — — — — — — $84.0m $96.0m
Operating Lease, Lease Income — — — — — — — $10.0m $10.0m $10.0m
Other Nonoperating Income (Expense) $4.0m $13.0m $6.0m $61.0m $63.0m $6.0m $14.0m ($25.0m) $35.0m $200.0m
Changes in operating assets and liabilities:
Additional Financial Items
Increase (Decrease) in Accounts Receivable $42.0m $11.0m $89.0m $26.0m ($75.0m) $122.0m $204.0m ($14.0m) ($71.0m) ($23.0m)
Increase (Decrease) in Inventories $22.0m $4.0m $61.0m $92.0m $73.0m $43.0m $125.0m $148.0m $49.0m $24.0m
Increase (Decrease) in Accounts Payable ($8.0m) $15.0m $22.0m $13.0m ($33.0m) $53.0m $56.0m ($62.0m) $26.0m $26.0m
Equity Securities, FV-NI, Unrealized Gain (Loss) — — — — ($11.0m) $0 ($36.0m) $7.0m $15.0m $98.0m
Foreign Currency Transaction Gain (Loss), Realized $0 $1.0m $4.0m $2.0m $3.0m $3.0m $1.0m ($49.0m) $19.0m $47.0m
Goodwill $736.0m $1.9b $1.2b $1.2b $1.5b $1.6b $1.6b $1.6b $2.4b $3.4b
Inventory Write-down $17.0m $16.0m $25.0m $27.0m $29.0m $27.0m $27.0m $27.0m $35.0m $43.0m
Investment Income, Interest $3.0m $7.0m $12.0m $23.0m $11.0m $3.0m $16.0m $102.0m $81.0m $102.0m
Payments of Financing Costs — — — — — — — — $7.0m —
Realized Investment Gains (Losses) — — — — — $0 $0 $0 $0 —
Revenue from Contract with Customer, Including Assessed Tax — — $3.9b $4.3b $4.2b $4.9b $5.4b $5.5b $5.0b $5.4b
Unrealized Gain (Loss) on Investments — — — $6.0m $11.0m $4.0m ($31.0m) $5.0m ($8.0m) $93.0m
Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Settlement — — — — ($5.0m) ($5.0m) ($5.0m) $1.0m — —
Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI on Derivatives, Net of Tax ($8.0m) $0 $3.0m ($3.0m) ($3.0m) — — — — —
Other Operating Income (Expense), Net $25.0m $84.0m $33.0m $20.0m $44.0m $17.0m $8.0m $15.0m $14.0m $20.0m
Net Cash Provided by (Used in) Operating Activities $416.0m $313.0m $555.0m $998.0m $1.0b $1.3b $1.1b $1.4b $1.1b $1.4b
Cash flows from investing activities:
Payments to Acquire Property, Plant, and Equipment $91.0m $72.0m $132.0m $120.0m $117.0m $174.0m $185.0m $196.0m $154.0m $128.0m
Payments to Acquire Businesses, Net of Cash Acquired $10.0m $1.7b $11.0m $88.0m $357.0m $178.0m $33.0m $85.0m $681.0m $2.0b
Payments to Acquire Investments — — — — — — $33.0m $7.0m $11.0m —
Gain (Loss) on Sale of Investments — — — $1.0m $0 — — $0 $0 $21.0m
Payments for (Proceeds from) Other Investing Activities ($1.0m) — $2.0m ($3.0m) $0 $1.0m — — ($20.0m) $7.0m
Net Cash Provided by (Used in) Investing Activities ($90.0m) ($1.7b) ($116.0m) ($196.0m) ($442.0m) ($353.0m) ($251.0m) ($288.0m) ($819.0m) ($1.7b)
Cash flows from financing activities:
Proceeds from Issuance of Common Stock $43.0m $444.0m $0 $0 $58.0m $59.0m $63.0m $67.0m $66.0m $63.0m
Payments for Repurchase of Common Stock $62.0m $0 $120.0m $159.0m $411.0m $673.0m $849.0m $702.0m $439.0m $375.0m
Proceeds from (Payments for) Other Financing Activities — — ($1.0m) $0 $0 ($2.0m) ($1.0m) ($3.0m) ($10.0m) ($2.0m)
Net Cash Provided by (Used in) Financing Activities ($25.0m) $1.4b ($335.0m) ($122.0m) ($413.0m) ($671.0m) ($861.0m) ($687.0m) ($913.0m) $385.0m
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents ($1.0m) $4.0m ($9.0m) $3.0m $6.0m $3.0m ($43.0m) ($2.0m) $6.0m $9.0m
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect — $35.0m $97.0m $683.0m $167.0m $301.0m ($11.0m) $431.0m ($674.0m) $76.0m
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents — $35.0m $97.0m $1.6b $1.8b $2.1b $2.1b $2.5b $1.8b $1.9b
Supplemental disclosure of cash flow information:
Interest Paid, Excluding Capitalized Interest, Operating Activities — — — — $75.0m $75.0m $75.0m $75.0m $75.0m $77.0m
Income Taxes Paid, Net $23.0m $121.0m $27.0m $103.0m $84.0m $130.0m $191.0m $343.0m $146.0m $120.0m

Data sourced from SEC EDGAR 10-K filings via EdgarTools. Amounts are shown in USD as reported in each fiscal year filing.

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.