Keysight Technologies (KEYS) Operating Expenses (2014 - 2026)
Keysight Technologies' (KEYS) quarterly Operating Expenses came in at $1.4 billion in Q1 2026, up 25.19% YoY from $1.1 billion in Q1 2025, and up 12.48% on a QoQ basis from $1.2 billion in Q4 2025.
Keysight Technologies (KEYS) Operating Expenses (2014 - 2026) Analysis & Trends
Keysight Technologies (KEYS) has 13 years of Operating Expenses data on file, last reported at $1.4 billion in Q1 2026.
- Quarterly Operating Expenses rose 25.19% year-over-year to $1.4 billion in Q1 2026, while the trailing twelve-month figure through Jan 2026 was $4.8 billion (up 13.92% YoY) and the FY2025 annual result came in at $4.5 billion, up 8.51% from the prior year.
- Operating Expenses improved to $1.4 billion in Q1 2026, from $1.2 billion in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $1.4 billion in Q1 2026 to a low of $979.0 million in Q1 2022.
- A 5-year average of $1.1 billion and a median of $1.0 billion in 2024 frame the typical range for Operating Expenses.
- Annual changes were most pronounced in 2023 — Operating Expenses retreated 6.58% — and 2026, when it gained 25.19%.
- Tracing KEYS's Operating Expenses over 5 years: stood at $1.1 billion in 2022, then decreased by 6.58% to $994.0 million in 2023, then rose by 6.34% to $1.1 billion in 2024, then advanced by 13.72% to $1.2 billion in 2025, then climbed by 12.48% to $1.4 billion in 2026.
- The last three Operating Expenses figures came in at $1.4 billion (Q1 2026), $1.2 billion (Q4 2025), and $1.1 billion (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Garmin | 56.50 Bn | 53.83 Bn | 1.26 Bn | 646.51 Mn |
| 2 | Keysight Technologies | 54.05 Bn | 51.64 Bn | 1.18 Bn | 1.31 Bn |
| 3 | Coherent | 51.08 Bn | 49.09 Bn | 787.08 Mn | 1.77 Bn |
| 4 | Teledyne Technologies | 29.39 Bn | 29.05 Bn | 738.10 Mn | 1.33 Bn |
| 5 | Mks | 19.03 Bn | 18.41 Bn | 595.00 Mn | 282.00 Mn |
| 6 | Fortive | 18.08 Bn | 17.71 Bn | 695.30 Mn | 485.40 Mn |
| 7 | Trimble | 13.91 Bn | 13.70 Bn | 674.90 Mn | 542.90 Mn |
| 8 | Cognex | 9.98 Bn | 9.58 Bn | 205.77 Mn | 120.26 Mn |
| 9 | Esco Technologies | 7.37 Bn | 7.30 Bn | 141.52 Mn | 298.07 Mn |
| 10 | Sensata Technologies Holding | 6.09 Bn | 5.68 Bn | 301.80 Mn | 825.30 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | 1.31 Bn |
| Jan 31, 2026 | 1.35 Bn |
| Oct 31, 2025 | 1.20 Bn |
| Jul 31, 2025 | 1.12 Bn |
| Apr 30, 2025 | 1.10 Bn |
| Jan 31, 2025 | 1.08 Bn |
| Oct 31, 2024 | 1.06 Bn |
| Jul 31, 2024 | 1.01 Bn |
| Apr 30, 2024 | 1.04 Bn |
| Jan 31, 2024 | 1.04 Bn |
| Oct 31, 2023 | 994.00 Mn |
| Jul 31, 2023 | 1.02 Bn |
| Apr 30, 2023 | 1.04 Bn |
| Jan 31, 2023 | 1.06 Bn |
| Oct 31, 2022 | 1.06 Bn |
| Jul 31, 2022 | 1.02 Bn |
| Apr 30, 2022 | 1.02 Bn |
| Jan 31, 2022 | 979.00 Mn |
| Oct 31, 2021 | 945.00 Mn |
| Jul 31, 2021 | 962.00 Mn |