Keysight Technologies Inc.

KEYS Technology Scientific & Technical Instruments

Keysight Technologies Inc.’s revenue for fiscal 2025 (year ended October 2025) was $5.4 billion, up 7.95% from fiscal 2024.

Revenue
+36.5%
EPS
+109.9%
Free cash flow
+40.2%
Total debt
−0.63%

Quarter to July 2026, against a year earlier

272.13 11.52 +4.42%
Market cap
$44.4B
P/E
36.9×
Fwd P/E
31.2×
Dividend yield
—
F-score
5/9
Altman Z
5.36
Beneish M
−2.57
Dividend safety
n/a

Keysight Technologies Inc. (KEYS) revenue by segment, product and region

Where the money comes from and where it goes

Fiscal 2025: revenue by segment, and margins
Communications Solutions Group 3,726 69.32%
Electronic Industrial Solutions Group 1,649 30.68%
Gross margin 62.08%
Operating margin 16.30%
Pre-tax margin 20.13%

Revenue by product or service $m

Line FY2025 FY2024 FY2023 FY2022 FY2021 FY2020 FY2019 FY2018 FY2017 FY2016
Products 4,063 3,717 4,336 4,386 3,993 3,432 3,554 3,229 2,664 2,440
Services and other 1,312 1,262 1,128 1,034 948 789 749 649 525 478
Revenue 5,375 4,979 5,464 5,420 4,941 4,221 4,303 3,878 3,189 2,918

Gross profit by product or service $m, and margin

Revenue by segment $m

Line FY2025 FY2024 FY2023 FY2022 FY2021 FY2020 FY2019 FY2016 FY2015 FY2014 FY2013
Communications Solutions Group 3,726 3,420 3,685 3,803 3,523 3,132 3,177 1,752 1,703 1,767 —
Electronic Industrial Solutions Group 1,649 1,559 1,779 1,617 1,418 1,089 1,135 776 758 766 —
Services Solutions Group — — — — — — — 402 401 400 395
Ixia Solutions Group — — — — — — — 0 0 — —
Measurement Solutions — — — — — — — — — — 2,493
Total segments 5,375 4,979 5,464 — — 4,221 4,312 2,930 2,862 2,933 2,888
Revenue 5,375 4,979 5,464 5,420 4,941 4,221 4,303 2,918 2,856 2,933 2,888

Operating income by segment $m, and margin

Revenue by region $m

Line FY2025 FY2024 FY2023 FY2022 FY2021 FY2020 FY2019 FY2018 FY2017 FY2016 FY2015 FY2014 FY2013
Asia Pacific 2,212 1,990 2,303 2,335 2,150 1,904 1,866 — — — — — —
Americas 2,207 2,055 2,205 2,203 1,996 1,641 1,724 — — — — — —
Europe 956 934 956 882 795 676 713 — — — — — —
Japan — — — — — — — 342 338 323 311 331 364
Also reported: a second breakdown of the same revenue
Rest of the World 2,568 2,326 2,531 2,446 2,211 1,835 1,897 1,428 1,189 1,014 1,023 1,109 1,046
UNITED STATES 1,869 1,769 1,928 1,933 1,803 1,523 1,584 1,398 1,054 1,009 991 945 966
China 938 884 1,005 1,041 927 863 822 710 608 572 531 548 512
Revenue 5,375 4,979 5,464 5,420 4,941 4,221 4,303 3,878 3,189 2,918 2,856 2,933 2,888

Operating figures as reported in each quarter’s results release or filing

Figure Quarter Latest A year before Change
Remaining performance obligations Q3 FY2026 $616.0M $529.0M +16.45%

As each company reports them in its 10-K and 10-Q filings, in US dollars. Where a later filing recast a year's segments, the year is shown as recast; a period whose breakdown does not add up to the company's revenue is left out.