analyzeportfolio
NYSE · Technology

Keysight Technologies, Inc. (KEYS)

As-reported financials and SEC filings for Keysight Technologies, Inc. The latest annual period is FY2025. The latest reported quarter is Q2 FY2026. Financial statements come straight from the company’s EDGAR filings; valuation figures such as P/E and market cap use market data.

About Keysight Technologies, Inc.

Keysight Technologies, Inc. provides design and test solutions for customers in computing, communications, and electronics markets. Its products include hardware, software, and services that support research and development, manufacturing, and operations. The company serves a global customer base across industries such as communications, aerospace, defense, automotive, energy, industrial, electronics, and semiconductors.

Snapshot

Revenue
$5.38B
Revenue growth (YoY)
8.0%
Net income
$850.0M
Diluted EPS
$4.91
Gross margin
62.1%
Operating margin
16.3%
Net margin
15.8%
FCF margin
23.8%
ROE
14.5%
net income / fiscal-year-end equity
P/E
43.7×
trailing when available, otherwise FY EPS
Market cap
$54.37B
Long-term debt / equity
0.43×
non-current term debt only

Fundamentals are from SEC filings for FY2025, the latest annual period (ended October 31, 2025). P/E and market cap are derived from stored market prices, last retrieved on a rolling basis and typically within the past week.

What changed at Keysight Technologies

  • Revenue grew 8.0% to $5.4B in FY2025, after a 8.9% decline the year before.
  • Operating margin is 16.3% in FY2025, -5.6 pp against 21.9% in FY2021.
  • Most recent quarter Q2 FY2026: revenue $1.7B, up 31.5% from Q2 FY2025.
  • Free cash flow was $1.3B in FY2025, 23.8% of revenue.
  • Net income rose 38.4% to $850M in FY2025.

Computed from the as-reported figures in the statements below. A change we cannot state from filed figures is left out rather than estimated.

Peer comparison

Where Keysight Technologies’s fundamentals sit among the 625 Technology companies. Each figure is ranked only against peers that report it, from lowest (left) to highest (right).

Gross margin62.1%
64th percentile of 509
Operating margin16.3%
80th percentile of 563
Net margin15.8%
80th percentile of 577
FCF margin23.8%
82nd percentile of 544
Revenue growth (YoY)+8.0%
46th percentile of 616
ROE14.5%
72nd percentile of 540
P/E43.7×
68th percentile of 330
Long-term debt / equity0.43×
56th percentile of 278
Short interest3.14d
50th percentile of 622

No reported insider purchases (code P) in the last 90 days; 4 insider sales totaling $2.5M. For context, about 15% of companies in the universe saw any reported insider purchase (code P) in the same window. Browse insider activity →

Percentiles describe where a figure sits among sector peers reporting it (100th = highest). They are position within a peer group, not a rating, and not investment advice. Short interest ranking uses days to cover from FINRA Consolidated Short Interest data; FINRA is the owner and source of that data, included at no additional charge.

Institutional ownership

Held by 5 of the superinvestors we track (plus 6 quant / multi-strat books), based on each investor’s most recent 13F; periods vary by investor (newest: Q2 2026).

Conviction investors
5
+6 quant / multi-strat
Initiated / added
8
2 new, 6 added
Reduced / exited
3
3 trimmed, 0 exited
Combined position
$1.25B
reported long value
InvestorAs ofPosition valueSharesChange
AQR Capital ManagementquantQ2 2026$346.1M990.0KAdded
Third PointQ2 2026$204.8M585.0KNew
Citadel AdvisorsquantQ2 2026$194.6M556.0KReduced
D. E. ShawquantQ2 2026$134.4M383.9KAdded
Two Sigma InvestmentsquantQ2 2026$118.8M339.3KAdded
Point72 Asset ManagementquantQ2 2026$79.7M227.5KReduced
Giverny CapitalQ2 2026$50.1M143.1KReduced
Gotham Asset ManagementQ2 2026$46.3M132.2KAdded
Millennium ManagementquantQ2 2026$45.0M128.5KAdded
Bridgewater AssociatesQ2 2026$29.0M82.9KAdded
Maverick CapitalQ2 2026$800,9602.3KNew

From quarterly Form 13F filings, which can be up to 45 days delayed. Long US-listed positions only: excludes short positions, options, cash, bonds, and non-US holdings, so this is not a manager’s complete portfolio. Counts are of the investors we track, not all institutions. Not investment advice.

Recent insider activity

Non-derivative buys and sells (codes P/S) reported by officers, directors and 10% owners on SEC Form 4.

Buys (90d)
0
code P
Bought (90d)
code P value
Sells (90d)
4
$2.5M
Reported activity
Net selling
by $ value, 90d
Trade dateInsiderTypeSharesPriceValue
2026-08-21
filed 2026-08-25
NYE JEAN MCCLUNGDirectorSell3.0K$319.22$958K
2026-08-20
filed 2026-08-24
Estrada Ingrid ASVPSell2.0K$314.66$629K
2026-06-30
filed 2026-07-02
Estrada Ingrid ASVPSell2.0K$340.87$682K
2026-06-25
filed 2026-06-29
Dhanasekaran SatishPresident and CEOSell507$361.32$183K
2026-06-02
filed 2026-06-04
CULLEN JAMESDirectorSell3.0K$346.58$1.0M

Reported non-derivative purchases and sales (codes P/S) — which may be open-market or private; excludes option exercises, grants, and shares withheld for taxes. Dates shown are the trade date; a Form 4 can be filed days to years later. A sale can be routine (e.g. a pre-set 10b5-1 plan), so read individual transactions in context. From SEC Form 4. Not investment advice.

Short interest

Total shares sold short as of each twice-monthly FINRA settlement. Rising short interest means more investors are positioned against the stock; days to cover estimates how many trading days of average volume that position represents.

Shares short
2.9M
settled 2026-08-14
Change vs prior
-7.9%
vs previous settlement
Days to cover
3.14
at avg daily volume
Avg daily volume
937.5K
FINRA reported
SettlementShares shortChangeDays to cover
2026-08-142.9M-7.9%3.14
2026-07-313.2M+2.0%2.56
2026-07-153.1M-0.1%2.28
2026-06-303.1M+6.2%1.63
2026-06-153.0M+40.2%2.01
2026-05-292.1M+1.9%1.00
2026-05-152.1M-4.6%1.72
2026-04-302.2M+7.3%1.82

Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data, which is included at no additional charge for your own personal or professional use; republishing or redistributing it is not permitted. Settlement dates are shown; FINRA publishes each settlement about nine business days later, so the latest figure can be two to four weeks old. Not presented as a percentage of float. No FINRA endorsement of this product is implied. Not investment advice.

Income statement (as reported)

 FY2025FY2024FY2023FY2022FY2021
Revenue$5.38B$4.98B$5.46B$5.42B$4.94B
Gross profit$3.34B$3.13B$3.53B$3.45B$3.07B
Operating income$876.0M$833.0M$1.36B$1.33B$1.08B
Net income$850.0M$614.0M$1.06B$1.12B$894.0M
Diluted EPS$4.91$3.51$5.91$6.18$4.78

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Balance sheet (as reported)

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Cash flow (as reported)

 FY2025FY2024FY2023FY2022FY2021
Operating cash flow$1.41B$1.05B$1.41B$1.14B$1.32B
Capital expenditure$128.0M$154.0M$197.0M$185.0M$174.0M
Free cash flow$1.28B$898.0M$1.21B$959.0M$1.15B

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Quarterly trend (as reported)

QuarterRevenueRevenue YoYNet incomeDiluted EPS
Q2 FY2026$1.72B31.5%$349.0M$2.02
Q1 FY2026$1.60B23.3%$281.0M$1.63
Q4 FY2025$1.42B10.3%$233.0M$1.35
Q3 FY2025$1.35B11.1%$191.0M$1.10
Q2 FY2025$1.31B7.4%$257.0M$1.49
Q1 FY2025$1.30B3.1%$169.0M$0.97
Q4 FY2024$1.29B-1.8%$-73.0M$-0.42
Q3 FY2024$1.22B-11.9%$389.0M$2.22

Latest 8 reported quarters, from company XBRL filings on SEC EDGAR.

Company facts

ExchangeNYSE
SectorTechnology
SIC industryIndustrial Instruments For Measurement, Display, and Control
Latest annual periodFY2025 (ended October 31, 2025)
Latest reported quarterQ2 FY2026 (ended April 30, 2026)
Oldest indexed filing2015
SEC CIK1601046

Selected SEC filings

10-K2025-12-17
View on EDGAR →
10-K2024-12-17
View on EDGAR →
10-Q2026-06-04
View on EDGAR →
10-Q2026-03-05
View on EDGAR →
10-Q2025-08-29
View on EDGAR →
10-Q2025-06-03
View on EDGAR →
8-K2026-08-26
View on EDGAR →
8-K2026-08-18
View on EDGAR →

Largest Technology peers

All Technology companies →

Monitor KEYS

Get an alert when Keysight Technologies files something material, see which superinvestors own it, and ask its filings a question with cited answers.

Monitor KEYS free

Includes one free filing-grounded research answer. Or check your whole portfolio, no account needed.

Data sourced from SEC EDGAR. Figures are as-reported and may be unaudited or restated; verify against the source filing before relying on them. Informational only. Not investment advice.