Keysight Tech

Q3 FY2026 EarningsQ3 FY26 results featured a significant top-line beat with revenue of $1,846M vs. $1,748M expected (+5.61%), driven by a 56% YoY surge in total orders and strong AI-driven demand in the Communications Solutions Group (CSG). While GAAP EPS of $2.30 exceeded the $1.75 consensus (+31.43%) due to higher revenue and favorable tax items, gross margin of 65.8% missed the 67.26% mean estimate (-1.46pct) following acquisition-related amortization and higher people-related costs. Management highlighted record demand for terabit Ethernet solutions (400G/800G/1.6T) for AI infrastructure, offsetting moderate margin pressure from the Spirent and OSG integrations.