| Cash Flow | 2025-07-31 | 2025-04-30 | 2025-01-31 | 2024-07-31 |
|---|---|---|---|---|
| Net income | 617 | 426 | 169 | 687 |
| Depreciation | 97 | 64 | 31 | 94 |
| Amortization | 104 | 70 | 35 | 108 |
| Share-based compensation | 129 | 98 | 62 | 111 |
| Deferred tax expense (benefit) | -58 | -40 | -10 | -21 |
| Excess and obsolete inventory-related charges | 30 | 22 | 9 | 26 |
| Unrealized loss (gain) on equity and other investments | 39 | 23 | 37 | - |
| Other non-cash expenses (income), net | -5 | -2 | -1 | 5 |
| Accounts receivable | -173 | -123 | -53 | -130 |
| Inventory | 21 | 18 | 26 | 51 |
| Accounts payable | 29 | 7 | -16 | -4 |
| Employee compensation and benefits | -8 | 20 | -38 | -69 |
| Deferred revenue | -12 | 52 | 43 | -35 |
| Income taxes payable | 42 | 56 | 34 | -24 |
| Interest rate swap agreement termination proceeds | - | - | - | 0 |
| Prepaid assets | - | - | - | 25 |
| Income taxes receivable | -78 | - | - | 165 |
| Other assets and liabilities | -18 | -3 | -68 | 64 |
| Net cash provided by operating activities | 1,184 | 862 | 378 | 693 |
| Investments in property, plant and equipment | 90 | 59 | 32 | 116 |
| Acquisitions of businesses and intangible assets, net of cash acquired | 3 | 3 | 0 | 673 |
| Other investing activities | 4 | 4 | 1 | -8 |
| Net cash used in investing activities | -97 | -66 | -33 | -781 |
| Proceeds from issuance of common stock under employee stock plans | 63 | 31 | 31 | 65 |
| Payment of taxes related to net share settlement of equity awards | 38 | 29 | 29 | 31 |
| Proceeds from issuance of long-term debt | 748 | 748 | - | - |
| Acquisition of non-controlling interests | 0 | 0 | 0 | 458 |
| Treasury stock repurchases, including excise tax payments | 278 | 228 | - | - |
| Treasury stock repurchases | - | - | 75 | 289 |
| Payments of debt issuance costs | 8 | 7 | - | - |
| Repayment of debt | 0 | 0 | - | 24 |
| Other financing activities | 0 | - | -1 | -16 |
| Net cash provided by (used in) financing activities | 487 | 515 | -74 | -753 |
| Effect of exchange rate movements | 9 | 10 | -8 | 2 |
| Net increase (decrease) in cash, cash equivalents, and restricted cash | 1,583 | 1,321 | 263 | -839 |
Keysight Technologies, Inc. (KEYS)
Keysight Technologies, Inc. (KEYS)