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Companies / Information Technology / Keysight Technologies
KEYS

Keysight Technologies

Information TechnologyMedical InstrumentsS&P 500
Ticker KEYSSANTA ROSA, CAFiscal year ends OctoberBook value per share $37.98Diluted shares 173.0M

Keysight Technologies, Inc. (NYSE: KEYS) is a global innovator in design and test solutions for the computing, communications, and electronics markets. The company traces its heritage over 80 years to the beginning of Silicon Valley and operates with the mission of accelerating innovation to connect and secure the… From the company’s description.

Fiscal year 2025 · ends 10-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-07-31
Sales & profitability
$5.38BFY2025
+8.0% year over year
Last 12 mo $6.58B
16.30%FY2025
−0.4 percentage points
Last 12 mo 20.25%
$850.00MFY2025
+38.4% year over year
Last 12 mo $1.26B
14.45%FY2025
+2.4 percentage points
Last 12 mo 19.18%
Cash & financing
$1.41BFY2025
+33.9% year over year
Last 12 mo $1.60B
$1.28BFY2025
+42.7% year over year
Last 12 mo $1.47B
0.43FY2025
Was 0.35× a year earlier
Last 12 mo 0.38
173.0MFY2025
−1.1% year over year
Last 12 mo 173.0M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Keysight Technologies does

In the company’s own words

Keysight Technologies, Inc. (NYSE: KEYS) is a global innovator in design and test solutions for the computing, communications, and electronics markets. The company traces its heritage over 80 years to the beginning of Silicon Valley and operates with the mission of accelerating innovation to connect and secure the world. Keysight's website is https://www.keysight.com.

The company delivers a comprehensive portfolio of hardware, software, and services that enable customers to design, validate, manufacture, deploy, and optimize their products and solutions. Keysight serves approximately 40,000 end customers annually, including many Fortune 1000 companies across diverse industry segments including communications, aerospace, defense, government, automotive, energy, industrial, general electronics, and semiconductor markets.

Keysight operates through two reportable segments: the Communications Solutions Group, which serves commercial communications and aerospace, defense, and government end markets with electronic design and test software, instrumentation, and systems; and the Electronic Industrial Solutions Group, which serves automotive, energy, semiconductor, and general electronics markets with design, test, simulation software, instrumentation, and computer-aided engineering solutions.

The company generated $5.4 billion in revenue in fiscal 2025 and employed approximately 16,800 people worldwide as of October 31, 2025, distributed across the Americas (5,800 employees), Europe (3,600), and Asia Pacific (7,400). Keysight maintains significant manufacturing operations in the United States, Malaysia, and Germany, with specialized technology centers in California, Colorado, and Germany that develop proprietary components and subsystems.

Keysight's competitive advantages include deep, long-term global customer relationships, unique technology expertise developed through substantial research and development investment, differentiated first-to-market solutions, and a durable business model incorporating cost structure flexibility. The company has made strategic acquisitions to expand its portfolio, including Spirent Communications, ESI Group, and businesses from Synopsys and Ansys, strengthening its position in communications test, computer-aided engineering, and design software capabilities.

Company details
Sector
Information Technology
Industry (SIC)
Medical Instruments
Headquarters
SANTA ROSA, CA
Fiscal year end
October
CIK
1601046
SIC
3823

Financial performance, year by year

Fiscal 2015–2025 · USD
$-658.20M$1.32B$3.29B$5.27B$7.24B20152016201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Keysight Technologies — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

921
funds hold it
2 of 35
superinvestors hold it
$21.44B
held by funds, at market
36.1%
of shares held by funds
4
bond issues held by funds

Superinvestors in Keysight Technologies · what they did last quarter

Daniel LoebNEW
Third Point
4.4%of 13F portfolio
Francois RochonDECREASED -55.7%
Giverny Capital
1.7%of 13F portfolio

Share of each manager’s reported 13F portfolio. Change is in shares held, since the previous quarter.

Largest fund holders · Keysight Technologies’s weight in each

VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.08%of fund net assets
VANGUARD 500 INDEX FUND
VOO · VANGUARD INDEX FUNDS
0.09%of fund net assets
VANGUARD MID-CAP INDEX FUND
VO · VANGUARD INDEX FUNDS
0.58%of fund net assets
iShares Core S&P 500 ETF
IVV · iShares Trust
0.09%of fund net assets
T. Rowe Price Value Fund, Inc.
TRVLX · T. ROWE PRICE VALUE FUND, INC.
2.40%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Keysight Technologies’s bonds, as funds hold them

Funds report holding 4 issues of Keysight Technologies’s debt, $479.81M at market value — what funds hold, not the company’s total debt. Weighted-average coupon 4.53%, maturing 2027 to 2034.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Fund ownership is a subset of institutional 13F ownership — the two describe overlapping populations and must not be added together.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

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  • “How do Keysight Technologies and its peers compare on margins and cash generation over ten years?”
  • “Where did five years of Keysight Technologies's earnings go — cash, debt, buybacks, reinvestment?”
  • “What changed in Keysight Technologies's last four quarterly filings that the numbers alone won't show?”
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