Keysight Technologies, Inc. Earnings Per Share Disclosure
| Year Ended October 31, | |||||||||||||||||
| 2025 | 2024 | 2023 | |||||||||||||||
| (in millions, except per-share amounts) | |||||||||||||||||
| Net income from continuing operations, net of income taxes | $ | 869 | $ | 614 | $ | 1,057 | |||||||||||
| Net loss from discontinued operations, net of income taxes | (19) | — | — | ||||||||||||||
| Net income | $ | 850 | $ | 614 | $ | 1,057 | |||||||||||
| Basic weighted-average shares | 172 | 174 | 178 | ||||||||||||||
| Potential common shares | 1 | 1 | 1 | ||||||||||||||
| Diluted weighted-average shares | 173 | 175 | 179 | ||||||||||||||
| Basic net income (loss) per share: | |||||||||||||||||
| Net income per share from continuing operations | $ | 5.04 | $ | 3.53 | $ | 5.95 | |||||||||||
| Net loss per share from discontinued operations | (0.11) | — | — | ||||||||||||||
| Net income per share | $ | 4.93 | $ | 3.53 | $ | 5.95 | |||||||||||
| Diluted net income (loss) per share: | |||||||||||||||||
| Net income per share from continuing operations | $ | 5.02 | $ | 3.51 | $ | 5.91 | |||||||||||
| Net loss per share from discontinued operations | (0.11) | — | — | ||||||||||||||
| Net income per share | $ | 4.91 | $ | 3.51 | $ | 5.91 | |||||||||||
Historical Timeline
| Fiscal Year | Filed | |
|---|---|---|
| 2025 | Dec 17, 2025 | Showing above |
| 2024 | Dec 17, 2024 | |
| 2023 | Dec 15, 2023 | |
| 2022 | Dec 15, 2022 | |
| 2021 | Dec 17, 2021 | |
| 2020 | Dec 17, 2020 | |
About Earnings Per Share Disclosures
The earnings per share disclosure breaks down the calculation from net income to both basic and diluted EPS, revealing the full impact of a company's capital structure on per-share economics. The reconciliation between basic and diluted share counts exposes how many stock options, RSUs, convertible securities, and warrants are potentially dilutive to existing shareholders.
Key signals: a widening gap between basic and diluted shares indicates growing dilution from equity compensation or convertible instruments. Anti-dilutive securities excluded from the diluted calculation deserve attention — they represent latent dilution that will materialize if the stock price rises. Watch for the effect of share buybacks on per-share metrics: EPS growth driven primarily by repurchases rather than income growth signals weakening fundamentals. Compare year-over-year changes in the diluted share count against equity compensation expense to assess whether management is effectively managing dilution.