Keysight Technologies, Inc. KEYS

Revenue Intelligence Report • 37 quarters of SEC filing data • Updated 2026-03-15

Keysight Technologies, Inc. has a forecasted full-year revenue of $6.0B, a +8.0% year-over-year change, based on 37 quarters of SEC filing data. Key revenue drivers include R&D ($4.86 per $1) and SG&A ($4.22 per $1). The ARDL model achieves strong accuracy at 4.4% MAPE.

Investment Thesis

The econometric model achieves strong accuracy (4.4% MAPE), suggesting Keysight Technologies, Inc.'s revenue trajectory is well-characterized by its spending patterns. Every $1 of R&D investment is associated with $4.86 of revenue, indicating efficient capital deployment in innovation. Each $1 of SG&A spending generates $4.22 in revenue, reflecting strong commercial efficiency.

Next FY Revenue
$6.00B
+8.0% YoY
R&D Multiplier
$4.86 per $1
SG&A Multiplier
$4.22 per $1
Model Accuracy
4.4% MAPE
Holdout validation: The model predicted $1.4B vs the actual $1.6B — an error of 11.6%.

Revenue Forecast

KEYS Revenue Forecast

Quarterly Detail

QuarterModel ForecastActual95% RangeYoY GrowthStatus
Q4 2025 $1.4B $1.6B $1.3B – $1.5B +16.2% ✗ Outside range
Q1 2026 $1.5B $1.3B – $1.6B +12.0%
Q2 2026 $1.5B $1.3B – $1.7B +14.0%
Q3 2026 $1.5B $1.3B – $1.7B +12.1%
Q4 2026 $1.5B $1.3B – $1.8B -3.7%

Seasonal Factors

Multiplicative seasonal adjustment: These factors capture Keysight Technologies, Inc.'s systematic quarterly revenue patterns relative to the trend model. A factor of 1.05 means that quarter typically runs 5% above the underlying trend; 0.95 means 5% below. Factors are computed as the median of (actual / fitted) across all available quarters.
Fiscal QuarterSeasonal Factorvs TrendInterpretationObs.
FQ1 (Sep–Nov) 1.0 +0.0% In line with trend 0
FQ2 (Dec–Feb) 0.9878 -1.2% In line with trend 11
FQ3 (Mar–May) 1.0132 +1.3% In line with trend 11
FQ4 (Jun–Aug) 1.0278 +2.8% In line with trend 11

How Spending Drives Revenue

KEYS Spending Timing
Reading this chart: Each line shows the cumulative revenue generated per $1 spent over subsequent quarters. The effect builds over 4-5 quarters as investments mature.

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