Keysight Technologies, Inc. (KEYS) closed fiscal year 2025 with a gross margin of 62.1 % and a net margin of 15.8 %.
Keysight Technologies, Inc. (KEYS) closed fiscal year 2025 with a gross margin of 62.1 % and a net margin of 15.8 %. The same year shows an EBITDA margin of 22.5 % and an EBIT margin of 16.3 %. The free cash flow margin was 23.8 %. Against the previous year the gross margin moved −0.8 pp and the net margin +3.5 pp. Across the period the gross margin ranges between 53.2 % in 2017 and 64.6 % in 2023. The series covers 13 fiscal years, from 2013 to 2025. Margins are expressed as a percentage of net revenue and are derived from the same figures as the income statement, taken from as-reported SEC EDGAR filings, with no restatements or adjustments of our own.
Fiscal year end: October
| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross margin (%) | 56.20 % | 55.23 % | 55.57 % | 55.65 % | 53.21 % | 54.44 % | 58.89 % | 60.01 % | 62.11 % | 63.65 % | 64.64 % | 62.92 % | 62.08 % |
| EBITDA margin (%) | 19.84 % | 18.85 % | 18.56 % | 18.51 % | 11.70 % | -2.17 % | 25.12 % | 27.77 % | 29.31 % | 30.22 % | 29.83 % | 23.18 % | 22.46 % |
| EBIT margin (%) | 17.17 % | 15.99 % | 15.09 % | 13.91 % | 4.64 % | -10.16 % | 16.52 % | 18.12 % | 21.86 % | 24.61 % | 24.85 % | 16.73 % | 16.30 % |
| Net margin (%) | 15.82 % | 13.37 % | 17.96 % | 11.48 % | 3.20 % | 4.25 % | 14.43 % | 14.85 % | 18.09 % | 20.74 % | 19.34 % | 12.33 % | 15.81 % |
| FCF margin (%) | 17.21 % | 16.81 % | 9.94 % | 11.27 % | 8.03 % | 10.91 % | 20.40 % | 21.30 % | 23.23 % | 17.69 % | 22.16 % | 18.04 % | 23.83 % |
