Keysight Technologies, Inc. (KEYS) quarterly balance sheet — complete assets, liabilities & equity history
Keysight Technologies, Inc. (KEYS) balance sheet — 14-year assets, liabilities & shareholders' equity history
| Metric | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 |
|---|
| Total Current Assets | 5.29B | 5.04B | 4.7B | 4.35B | 5.6B | 5.47B | 4.46B | 4.26B | 4B | 3.97B | 4.08B | 4.81B | 4.9B | 4.76B | 4.5B | 4.23B | 3.96B | 3.89B | 3.81B | 3.83B |
| Cash & Short-Term Investments | 2.6B | 2.41B | 2.18B | 1.87B | 2.64B | 3.12B | 2.06B | 1.8B | 1.63B | 1.66B | 1.75B | 2.47B | 2.57B | 2.5B | 2.23B | 2.04B | 1.85B | 1.89B | 1.98B | 2.05B |
| Cash Only | 2.6B | 2.41B | 2.18B | 1.87B | 2.64B | 3.12B | 2.06B | 1.8B | 1.63B | 1.66B | 1.75B | 2.47B | 2.57B | 2.5B | 2.23B | 2.04B | 1.85B | 1.89B | 1.98B | 2.05B |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 1.07B | 1.02B | 914M | 939M | 692M | 856M | 941M | 995M | 802M | 809M | 808M | 944M | 893M | 864M | 920M | 905M | 882M | 803M | 708M | 735M |
| Days Sales Outstanding | 52.06 | 50.18 | 53.27 | 52.87 | 52.67 | 61.23 | 68.61 | 64.23 | 60.89 | 59.84 | 64.01 | 64.46 | 58.48 | 57.11 | 60.79 | 56.97 | 56.33 | 49.77 | 53.1 | 50.19 |
| Inventory | 1.05B | 1.04B | 1.05B | 1.05B | 1.02B | 1.03B | 1.04B | 1.02B | 1.03B | 1.02B | 1.02B | 985M | 975M | 948M | 909M | 858M | 837M | 810M | 804M | 777M |
| Days Inventory Outstanding | 152.24 | 172.22 | 159.52 | 173.21 | 181.78 | 186.77 | 198.34 | 194.24 | 203.71 | 203.05 | 207.21 | 193.06 | 182.01 | 171.8 | 163.22 | 146.29 | 151.83 | 145.98 | 163.06 | 155.72 |
| Other Current Assets | 567M | 570M | 561M | 486M | 1.25B | 163M | 118M | 157M | 208M | 169M | 197M | 124M | 137M | 137M | 441M | 149M | 395M | 387M | 319M | 270M |
| Total Non-Current Assets | 6.63B | 6.7B | 6.78B | 6.95B | 5.05B | 5.07B | 4.93B | 5.01B | 5.33B | 5.02B | 4.98B | 3.87B | 3.92B | 3.94B | 3.95B | 3.86B | 3.89B | 3.88B | 3.92B | 3.95B |
| Property, Plant & Equipment | 956M | 961M | 986M | 1.03B | 990M | 995M | 988M | 1.01B | 1.01B | 1.01B | 1.01B | 987M | 976M | 970M | 950M | 910M | 893M | 872M | 890M | 877M |
| Fixed Asset Turnover | 1.93x | 1.76x | 1.59x | 1.40x | 1.36x | 1.32x | 1.30x | 1.28x | 1.21x | 1.21x | 1.26x | 1.34x | 1.42x | 1.45x | 1.48x | 1.60x | 1.56x | 1.53x | 1.41x | 1.50x |
| Goodwill | 3.46B | 3.46B | 3.47B | 3.44B | 2.43B | 2.43B | 2.35B | 2.39B | 2.39B | 2.28B | 2.25B | 1.64B | 1.66B | 1.66B | 1.61B | 1.58B | 1.61B | 1.6B | 1.62B | 1.63B |
| Intangible Assets | 1.11B | 1.17B | 1.25B | 1.28B | 524M | 556M | 556M | 607M | 637M | 609M | 616M | 155M | 175M | 198M | 166M | 189M | 216M | 228M | 250M | 272M |
| Long-Term Investments | 188M | 169M | 147M | 211M | 157M | 138M | 147M | 110M | 107M | 102M | 90M | 81M | 96M | 82M | 75M | 62M | 73M | 81M | 65M | 70M |
| Other Non-Current Assets | 589M | 592M | 592M | 610M | 555M | 568M | 521M | 521M | 504M | 351M | 355M | 340M | 366M | 364M | 469M | 454M | 442M | 419M | 397M | 389M |
| Total Assets | 11.92B | 11.74B | 11.48B | 11.29B | 10.65B | 10.54B | 9.39B | 9.27B | 9.32B | 8.99B | 9.06B | 8.68B | 8.83B | 8.71B | 8.45B | 8.1B | 7.85B | 7.76B | 7.73B | 7.78B |
| Asset Turnover | 0.16x | 0.15x | 0.14x | 0.13x | 0.13x | 0.13x | 0.14x | 0.14x | 0.13x | 0.13x | 0.14x | 0.15x | 0.16x | 0.16x | 0.17x | 0.18x | 0.18x | 0.17x | 0.16x | 0.17x |
| Asset Growth % | 11.92% | 11.42% | 22.31% | 21.84% | 14.24% | 17.21% | 3.61% | 6.75% | 5.63% | 3.22% | 7.24% | 7.22% | 12.4% | 12.16% | 9.32% | 4.07% | 0.62% | 1.01% | 3.12% | 7.8% |
| Total Current Liabilities | 2.61B | 2.65B | 1.8B | 1.85B | 1.56B | 1.61B | 1.51B | 1.43B | 1.95B | 1.99B | 2.12B | 2.05B | 1.34B | 1.42B | 1.47B | 1.41B | 1.31B | 1.36B | 1.26B | 1.31B |
| Accounts Payable | 424M | 392M | 334M | 355M | 342M | 317M | 289M | 313M | 280M | 268M | 281M | 286M | 289M | 302M | 325M | 348M | 328M | 313M | 294M | 287M |
| Days Payables Outstanding | 59.58 | 59.94 | 52.39 | 58.29 | 58.52 | 54.81 | 57.93 | 56.24 | 54.56 | 54.54 | 58.48 | 56.64 | 55.94 | 58.01 | 62.16 | 58.34 | 59.09 | 54.9 | 59.92 | 53.95 |
| Short-Term Debt | 700M | 699M | 52M | 0 | 0 | 0 | 0 | 0 | 600M | 600M | 609M | 599M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Revenue (Current) | 707M | 737M | 729M | 652M | 557M | 612M | 594M | 561M | 537M | 578M | 592M | 541M | 518M | 568M | 554M | 495M | 496M | 538M | 495M | 478M |
| Other Current Liabilities | 565M | 448M | 165M | 399M | 179M | 319M | 253M | 295M | 262M | 309M | 261M | 304M | 264M | 317M | 257M | 333M | 275M | 318M | 247M | 355M |
| Current Ratio | 2.02x | 1.90x | 2.60x | 2.35x | 3.59x | 3.39x | 2.95x | 2.98x | 2.05x | 1.99x | 1.93x | 2.35x | 3.66x | 3.35x | 3.07x | 3.01x | 3.02x | 2.86x | 3.03x | 2.93x |
| Quick Ratio | 1.62x | 1.51x | 2.02x | 1.78x | 2.94x | 2.75x | 2.26x | 2.27x | 1.52x | 1.48x | 1.44x | 1.87x | 2.93x | 2.68x | 2.45x | 2.40x | 2.38x | 2.26x | 2.39x | 2.34x |
| Cash Conversion Cycle | 144.71 | 162.46 | 160.4 | 167.79 | 175.93 | 193.19 | 209.02 | 202.23 | 210.04 | 208.35 | 212.74 | 200.88 | 184.56 | 170.91 | 161.84 | 144.91 | 149.07 | 140.85 | 156.24 | 151.96 |
| Total Non-Current Liabilities | 2.74B | 2.76B | 3.47B | 3.57B | 3.42B | 3.44B | 2.69B | 2.74B | 2.14B | 2.09B | 2.13B | 1.98B | 2.59B | 2.58B | 2.58B | 2.53B | 2.62B | 2.63B | 2.66B | 2.69B |
| Long-Term Debt | 1.82B | 1.83B | 2.72B | 2.73B | 2.53B | 2.53B | 1.79B | 1.79B | 1.2B | 1.2B | 1.21B | 1.2B | 1.79B | 1.79B | 1.79B | 1.79B | 1.79B | 1.79B | 1.79B | 1.79B |
| Capital Lease Obligations | 176M | 176M | 186M | 193M | 183M | 187M | 187M | 197M | 197M | 201M | 198M | 192M | 186M | 188M | 186M | 186M | 192M | 176M | 183M | 191M |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 495M | 499M | 328M | 414M | 497M | 507M | 505M | 544M | 544M | 484M | 508M | 377M | 382M | 378M | 383M | 354M | 436M | 461M | 497M | 519M |
| Total Liabilities | 5.35B | 5.41B | 5.28B | 5.42B | 4.98B | 5.06B | 4.2B | 4.16B | 4.09B | 4.08B | 4.24B | 4.03B | 3.93B | 4B | 4.04B | 3.94B | 3.93B | 3.98B | 3.92B | 4B |
| Total Debt | 2.75B | 2.76B | 2.96B | 2.97B | 2.76B | 2.77B | 2.02B | 2.03B | 2.04B | 2.04B | 2.06B | 2.03B | 2.02B | 2.02B | 2.02B | 2.02B | 2.02B | 2.01B | 2.01B | 2.02B |
| Net Debt | 141M | 347M | 780M | 1.1B | 128M | -353M | -40M | 234M | 404M | 382M | 313M | -446M | -550M | -475M | -207M | -24M | 177M | 122M | 37M | -29M |
| Debt / Equity | 0.42x | 0.44x | 0.48x | 0.51x | 0.49x | 0.50x | 0.39x | 0.40x | 0.39x | 0.42x | 0.43x | 0.44x | 0.41x | 0.43x | 0.46x | 0.48x | 0.52x | 0.53x | 0.53x | 0.53x |
| Debt / EBITDA | 4.84x | 5.40x | 8.38x | 10.17x | 9.18x | 10.05x | 7.11x | 6.81x | 7.57x | 8.26x | 7.12x | 5.52x | 4.83x | 4.95x | 5.39x | 4.65x | 4.90x | 5.26x | 6.14x | 4.98x |
| Net Debt / EBITDA | 0.25x | 0.68x | 2.21x | 3.76x | 0.43x | -1.28x | -0.14x | 0.79x | 1.50x | 1.55x | 1.08x | -1.22x | -1.31x | -1.16x | -0.55x | -0.06x | 0.43x | 0.32x | 0.11x | -0.07x |
| Interest Coverage | 19.35x | 16.72x | 7.83x | 11.50x | 9.61x | 17.00x | 10.95x | 11.78x | 11.14x | 9.75x | 12.45x | 14.80x | 21.47x | 19.05x | 18.42x | 19.40x | 18.30x | 17.16x | 14.20x | 17.85x |
| Total Equity | 6.57B | 6.33B | 6.21B | 5.88B | 5.67B | 5.48B | 5.19B | 5.11B | 5.23B | 4.9B | 4.82B | 4.65B | 4.9B | 4.71B | 4.4B | 4.16B | 3.92B | 3.78B | 3.81B | 3.78B |
| Equity Growth % | 15.89% | 15.59% | 19.63% | 15.12% | 8.41% | 11.71% | 7.68% | 9.69% | 6.8% | 4.21% | 9.38% | 11.85% | 24.92% | 24.5% | 15.59% | 9.96% | 4.53% | 6.6% | 7.75% | 14.77% |
| Book Value per Share | 37.98 | 36.60 | 35.87 | 33.97 | 32.77 | 31.66 | 29.81 | 29.51 | 29.89 | 28.02 | 27.37 | 26.29 | 27.36 | 26.28 | 24.47 | 23.12 | 21.66 | 20.65 | 20.71 | 20.34 |
| Total Shareholders' Equity | 6.57B | 6.33B | 6.21B | 5.88B | 5.67B | 5.48B | 5.19B | 5.11B | 5.23B | 4.9B | 4.82B | 4.65B | 4.9B | 4.71B | 4.4B | 4.16B | 3.92B | 3.78B | 3.81B | 3.78B |
| Common Stock | 2M | 2M | 2M | 2M | 2M | 2M | 2M | 2M | 2M | 2M | 2M | 2M | 2M | 2M | 2M | 2M | 2M | 2M | 2M | 2M |
| Retained Earnings | 8.1B | 7.71B | 7.36B | 7.07B | 6.84B | 6.65B | 6.39B | 6.22B | 6.3B | 5.91B | 5.78B | 5.61B | 5.38B | 5.1B | 4.81B | 4.55B | 4.25B | 3.92B | 3.66B | 3.43B |
| Treasury Stock | -4.32B | -4.11B | -3.89B | -3.8B | -3.7B | -3.65B | -3.5B | -3.42B | -3.27B | -3.12B | -3.07B | -2.98B | -2.55B | -2.4B | -2.4B | -2.27B | -2.15B | -1.92B | -1.63B | -1.43B |
| Accumulated OCI | -272M | -250M | -199M | -248M | -295M | -293M | -443M | -364M | -437M | -469M | -442M | -466M | -402M | -399M | -391M | -454M | -500M | -474M | -451M | -442M |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |