KEYS Keysight Technologies margins

Relative Growth: Rel. Growth:

Relative Strength: Rel. Strength:

Relative Valuation: Rel. Valuation:

Relative Profitability: Rel. Profitability: 95

Gross margin

64.7%

Operating margin

20.3%

EBITDA margin

28.8%

Net margin

19.1%

Using the latest TTM figures, Keysight Technologies shows a gross margin of 64.7%, an operating margin of 20.3%, an EBITDA margin of 28.8%, and a net margin of 19.1%. Net margin had the largest improvement, increasing by 8.7 percentage points, while the other available margins also improved.

KEYS margin history

Gross, operating, EBITDA and net margin trends

Over the last 3 years, Keysight Technologies recorded average margins of 63.21% gross, 18.24% operating, 26.29% EBITDA, and 15.5% net. The current gross, operating, EBITDA, and net margins are all above their three-year averages.

KEYS margin expansion

Year-over-year margin changes in percentage points

The biggest expansion was in net margin, which rose by 8.7 percentage points. The other available margins also improved.

Gross margin expansion

2.3pp

Operating margin expansion

3.3pp

EBITDA margin expansion

2.7pp

Net margin expansion

8.7pp

KEYS Gross margin

Keysight Technologies's gross margin averaged 63.21% across the past 3 years. Compared with its three-year average, Keysight Technologies's current gross margin is 64.7% and is 1.5 percentage points above its three-year average. Over the last 3 years, Keysight Technologies's gross margin peaked at 64.8% in Jan 2024 and reached a low of 61.9% in Jan 2026.

KEYS Operating margin

The average operating margin for Keysight Technologies was 18.24% across the past 3 years. Right now, the current operating margin for Keysight Technologies is 20.3%, 2.1 percentage points above its three-year average. The operating margin for Keysight Technologies moved between 16% in Jan 2026 and 23.5% in Jan 2024.

KEYS EBITDA margin

Keysight Technologies recorded an average EBITDA margin of 26.29% across the last 3 years. Keysight Technologies currently reports an EBITDA margin of 28.8%, 2.5 percentage points above its three-year average. Looking back over the last 3 years, Keysight Technologies's EBITDA margin reached 29.2% at its highest point in Jan 2024 and 23.7% at its lowest in Jan 2025.

KEYS Net margin

Throughout the last 3 years, Keysight Technologies had an average net margin of 15.5%. Against its three-year average, Keysight Technologies's net margin is currently 19.1%, 3.6 percentage points above its three-year average. Looking back over the last 3 years, Keysight Technologies's net margin reached 19.1% at its highest point in Jul 2026 and 10.4% at its lowest in Jul 2025.

KEYS margin group comparison

Margins compared with peer-group, industry and sector averages

With a gross margin of 64.7%, KEYS stands higher than the Technology sector and the industry average. Looking at the Technology sector average of 52.5%, Keysight Technologies's gross margin is 23% higher.

KEYS margin peer comparison

Compare margins with selected peers

Frequently asked questions

What is Keysight Technologies's gross margin?

The current gross margin for KEYS is 64.7% as of Jul 31, 2026.

What is Keysight Technologies's operating margin?

For the period ending Jul 31, 2026, KEYS recorded an operating margin of 20.3%.

What is Keysight Technologies's EBITDA margin?

For the period ending Jul 31, 2026, KEYS recorded an EBITDA margin of 28.8%.

What is Keysight Technologies's net margin?

The current net margin for KEYS is 19.1% as of Jul 31, 2026.

What are the average margins of KEYS?

Over the past 3 years, KEYS reported average margins of 63.2% gross, 18.2% operating, 26.3% EBITDA, and 15.5% net.

What are the highest historical margins of KEYS?

In the last 5 years, the highest margins reported by KEYS were 64.8% gross in Jan 2024, 25.4% operating in Jul 2023, 31.2% EBITDA in Jul 2023, and 21.1% net in Apr 2023.

What are the lowest historical margins of KEYS?

Within the 5-year period, KEYS recorded its lowest margins at 61.9% gross in Jan 2026, 16% operating in Jan 2026, 23.7% EBITDA in Jan 2025, and 10.4% net in Jul 2025.