Market-Defining and Diversified Innovations Driving Value Creation
Reconciliation of Gross Profit to Non-GAAP Gross Profit
($M)
FY22
Gross Profit, as reported
Amortization of acquisition-related balances
Share-based compensation expense
$ 3,450
48
FY21
$ 3,069
118
FY20
FY19
FY18
FY17
FY16
FY15
$ 2,533 $ 2,534 $ 2,111 $ 1,697 $ 1,616 $ 1,576
175
177
219
217
50
21
23
19
16
14
12
11
11
12
Acquisition and integration costs
1
1
1
6
4
2
1
Acquisition-related compensation expense
1
Northern California wildfire-related impacts
Separation and related costs
5
5
2
5
Restruturing & others
Non-GAAP Gross Profit
GAAP Gross Margin
Non-GAAP Gross Margin
3
1
12
8
2
$ 3,522 $ 3,210
$ 2,725
$ 2,726 $ 2,365 $ 1,943 $ 1,681 $ 1,617
63.7%
65.0%
62.1%
65.0%
60.0%
64.6%
58.9%
63.2%
54.4%
53.2%
55.4%
55.2%
60.4%
59.8%
57.4%
56.5%
ā KEYSIGHT
Prior years revised to conform with current year presentation.
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