Keysight Technologies (KEYS) Operating Margin (2014 - 2026)
Keysight Technologies (KEYS) posted Operating Margin of 24.97% for fiscal Q3 2026 (quarter ended Jul 31, 2026), up 7.67 percentage points from 17.31% a year earlier and up 1.27 percentage points from the prior quarter.
Keysight Technologies (KEYS) Operating Margin (2014 - 2026) Analysis & Trends
For the trailing twelve months through Jul 31, 2026, Operating Margin at Keysight Technologies was 20.25%, up 3.30 percentage points year-over-year; for FY2025 (ended Oct 31, 2025), it was 16.30%, down 0.43 percentage points from FY2024.
- Annual Operating Margin shows a five-year change of -1.83 percentage points (FY2020 to FY2025).
- In prior fiscal years, Keysight Technologies' Operating Margin was 16.73% in FY2024 (-8.12 pp), 24.85% in FY2023 (+0.24 pp), 24.61% in FY2022 (+2.75 pp) and 21.86% in FY2021 (+3.73 pp).
- The fiscal Q3 2026 figure stands as the highest quarterly Operating Margin since fiscal Q3 2023.
- On a year-over-year basis, Operating Margin increased in four of the last eight quarters, with an average year-over-year change of +0.79 percentage points.
- The strongest year-over-year quarter for Operating Margin in the past five years was fiscal Q2 2026, with a gain of 7.85 percentage points; the weakest was fiscal Q2 2024, with a drop of 10.91 percentage points.
- According to Business Quant data, Operating Margin for the three prior fiscal quarters was 23.70% (Q2 2026), 15.50% (Q1 2026) and 15.29% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 4,973.70 Bn | 4,721.19 Bn | 54.77 Bn | 32.62% |
| 2 | Cisco Systems | 421.27 Bn | 357.20 Bn | 11.06 Bn | 24.72% |
| 3 | Dell Technologies | 297.70 Bn | 253.45 Bn | 9.83 Bn | 11.46% |
| 4 | Arista Networks | 229.14 Bn | 182.59 Bn | 1.91 Bn | 45.39% |
| 5 | Sandisk | 200.83 Bn | 189.36 Bn | 7.58 Bn | 78.49% |
| 6 | Sony | 150.33 Bn | 87.59 Bn | 6.53 Bn | 16.79% |
| 7 | Seagate Technology Holdings | 147.86 Bn | 142.86 Bn | 1.90 Bn | 42.96% |
| 8 | Western Digital | 125.50 Bn | 113.63 Bn | 2.03 Bn | 41.71% |
| 9 | Hewlett Packard Enterprise | 74.88 Bn | 52.76 Bn | 4.93 Bn | 11.41% |
| 10 | Keysight Technologies | 57.27 Bn | 48.20 Bn | 1.22 Bn | 24.97% |
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 24.97% |
| Apr 30, 2026 | 23.70% |
| Jan 31, 2026 | 15.50% |
| Oct 31, 2025 | 15.29% |
| Jul 31, 2025 | 17.31% |
| Apr 30, 2025 | 15.85% |
| Jan 31, 2025 | 16.80% |
| Oct 31, 2024 | 17.87% |
| Jul 31, 2024 | 16.84% |
| Apr 30, 2024 | 14.56% |
| Jan 31, 2024 | 17.55% |
| Oct 31, 2023 | 24.18% |
| Jul 31, 2023 | 26.41% |
| Apr 30, 2023 | 25.47% |
| Jan 31, 2023 | 23.32% |
| Oct 31, 2022 | 26.26% |
| Jul 31, 2022 | 25.94% |
| Apr 30, 2022 | 24.20% |
| Jan 31, 2022 | 21.68% |
| Oct 31, 2021 | 26.97% |
Keysight Technologies Operating Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-margin&ticker=KEYS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-margin", "ticker": "KEYS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-margin&ticker=KEYS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();