Keysight Technologies (KEYS) Research & Development (2014 - 2026)
Keysight Technologies (KEYS) recorded Research & Development of $312 million in fiscal Q3 2026 (quarter ended Jul 31, 2026), up 24.8% from $250 million a year earlier but down 2.5% from the prior quarter.
Keysight Technologies (KEYS) Research & Development (2014 - 2026) Analysis & Trends
On a TTM basis, Keysight Technologies' Research & Development came in at $1.19 billion as of Jul 31, 2026, up 21.5% year-over-year; for FY2025 (ended Oct 31, 2025), it was $1.01 billion, up 9.6% from FY2024.
- Annual Research & Development has increased for 11 straight fiscal years, with a five-year compound annual growth rate of 7.1% (FY2020 to FY2025).
- Across earlier fiscal years, Research & Development came in at $919 million in FY2024 (+4.2%), $882 million in FY2023 (+4.9%), $841 million in FY2022 (+3.7%) and $811 million in FY2021 (+13.4%).
- Quarterly Research & Development has ranged from $196 million in fiscal Q4 2021 to $320 million in fiscal Q2 2026 over the past five years.
- On a year-over-year basis, Research & Development has increased for 16 consecutive quarters, with growth averaging 15.0% over the last eight quarters.
- Peak year-over-year performance for Research & Development in the last five years was growth of 28.0% in fiscal Q2 2026, against a decline of 0.5% in fiscal Q3 2022 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at $320 million (Q2 2026), $303 million (Q1 2026) and $258 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 5,040.97 Bn | 4,788.46 Bn | 54.77 Bn | 11.73 Bn |
| 2 | Cisco Systems | 424.45 Bn | 360.38 Bn | 11.06 Bn | 2.43 Bn |
| 3 | Dell Technologies | 313.76 Bn | 269.51 Bn | 9.83 Bn | 1.11 Bn |
| 4 | Arista Networks | 232.68 Bn | 186.14 Bn | 1.91 Bn | 348.20 Mn |
| 5 | Sandisk | 202.67 Bn | 191.19 Bn | 7.58 Bn | 348.00 Mn |
| 6 | Seagate Technology Holdings | 152.82 Bn | 147.82 Bn | 1.90 Bn | 188.00 Mn |
| 7 | Sony | 149.85 Bn | 87.11 Bn | 6.53 Bn | - |
| 8 | Western Digital | 130.59 Bn | 118.72 Bn | 2.03 Bn | 284.00 Mn |
| 9 | Hewlett Packard Enterprise | 77.78 Bn | 55.65 Bn | 4.93 Bn | 1.16 Bn |
| 10 | Keysight Technologies | 58.52 Bn | 49.45 Bn | 1.22 Bn | 312.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 312.00 Mn |
| Apr 30, 2026 | 320.00 Mn |
| Jan 31, 2026 | 303.00 Mn |
| Oct 31, 2025 | 258.00 Mn |
| Jul 31, 2025 | 250.00 Mn |
| Apr 30, 2025 | 250.00 Mn |
| Jan 31, 2025 | 249.00 Mn |
| Oct 31, 2024 | 233.00 Mn |
| Jul 31, 2024 | 226.00 Mn |
| Apr 30, 2024 | 228.00 Mn |
| Jan 31, 2024 | 232.00 Mn |
| Oct 31, 2023 | 218.00 Mn |
| Jul 31, 2023 | 215.00 Mn |
| Apr 30, 2023 | 222.00 Mn |
| Jan 31, 2023 | 227.00 Mn |
| Oct 31, 2022 | 215.00 Mn |
| Jul 31, 2022 | 206.00 Mn |
| Apr 30, 2022 | 210.00 Mn |
| Jan 31, 2022 | 210.00 Mn |
| Oct 31, 2021 | 196.00 Mn |
Keysight Technologies Research & Development 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=research-and-development&ticker=KEYS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "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=research-and-development&ticker=KEYS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();