--- title: "Agilent Technologies: Business Model" description: "Agilent Technologies revenue by business segment from its fiscal 2025 Form 10-K, with each part's share, growth and profitability explained." canonical: https://www.getswoopr.com/stocks/companies/agilent-technologies/business-model/ source: "Swoopr Investment: https://www.getswoopr.com" --- # Agilent Technologies: Business Model & Revenue Engine ## Direct Answer Agilent Technologies reports revenue across 3 business segments in its fiscal 2025 Form 10-K. Agilent Cross Lab is the largest, with $2.9 billion of revenue (42% of the total), followed by Life Sciences and Diagnostics Markets at $2.7 billion (39%). ## How Does Agilent Technologies Make Money? No single line supplies a majority of revenue: the largest, Agilent Cross Lab, is 42%, which spreads Agilent Technologies's exposure across several demand drivers. Between fiscal 2024 and 2025, Life Sciences and Diagnostics Markets grew fastest (+10.5%) and Applied Markets slowest (+1.3%), so the revenue mix tilts toward Life Sciences and Diagnostics Markets while that gap lasts. | Segment | FY2025 revenue | FY2024 revenue | Share of revenue | Change | | --- | --- | --- | --- | --- | | Agilent Cross Lab | $2.9 billion | $2.7 billion | 41.9% | 5.9% | | Life Sciences and Diagnostics Markets | $2.7 billion | $2.5 billion | 39.2% | 10.5% | | Applied Markets | $1.3 billion | $1.3 billion | 18.9% | 1.3% | ![Bar chart of Agilent Technologies revenue by segment for fiscal 2025: Agilent Cross Lab 41.9%, Life Sciences and Diagnostics Markets 39.2%, Applied Markets 18.9%.](https://www.getswoopr.com/images/charts/agilent-technologies-business-model-segment-mix.webp) *Agilent Technologies revenue by segment as a share of total revenue, from the table above. The largest is highlighted. Select the chart to open it full size.* ## Which Agilent Technologies Segments Earn the Most? | Segment | FY2025 segment operating income | Segment margin | | --- | --- | --- | | Agilent Cross Lab | $946 million | 32.5% | | Life Sciences and Diagnostics Markets | $536 million | 19.7% | | Applied Markets | $301 million | 22.9% | Segment operating income is the profit measure Agilent Technologies reports to its chief operating decision maker for each segment. It usually leaves out corporate costs that are not allocated to a segment, so the segments usually add up to more than consolidated operating income, and margins are comparable within Agilent Technologies more safely than against another company. ## What the Segment Figures Do Not Show The rows above add up to 100% of Agilent Technologies's reported revenue for fiscal 2025; the difference is intersegment eliminations, corporate revenue or items the company reports outside its segments. Segment definitions are management's choice and change when a company reorganizes, in which case it restates prior years in the next filing, so a multi-year comparison should use the figures from a single filing. Revenue shows where sales come from, not where profit or cash is earned: a small segment can carry most of the margin. ## Where These Numbers Come From Every figure on this page is a value Agilent Technologies reported in the segment note and revenue disclosures of its Form 10-K filed December 22, 2025 (accession 0001090872-25-000087), read from the SEC's Financial Statement Data Sets. The prior-year column is the comparative figure from that same filing, so it reflects any restatement for a change in segments. Category names are the company's own XBRL labels, lightly reformatted for reading. Rows that only total other rows (for example a "Products" line beside the individual products) are left out so nothing is counted twice. This page is educational and describes reported history for fiscal 2025; it is not a forecast or a recommendation. ## Frequently Asked Questions ### What are Agilent Technologies's business segments? In its fiscal 2025 Form 10-K, Agilent Technologies reports revenue for Agilent Cross Lab, Life Sciences and Diagnostics Markets and Applied Markets. ### Which part of Agilent Technologies brings in the most revenue? Agilent Cross Lab, with $2.9 billion of revenue in fiscal 2025, or 42% of the total. ### Where does Agilent Technologies report its segment results? In the segment note to the financial statements in its Form 10-K, most recently filed December 22, 2025, alongside management's discussion of each segment's results. ## References - [SEC EDGAR: AGILENT TECHNOLOGIES, INC. Form 10-K filed December 22, 2025](https://www.sec.gov/Archives/edgar/data/1090872/000109087225000087/a-20251031.htm) - [SEC EDGAR: AGILENT TECHNOLOGIES, INC. annual and quarterly filings](https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1090872&type=10-K) - [SEC: EDGAR application programming interfaces (XBRL frames and submissions data)](https://www.sec.gov/search-filings/edgar-application-programming-interfaces) - [SEC: Financial Statement Data Sets](https://www.sec.gov/data-research/sec-markets-data/financial-statement-data-sets) ## Related Pages - [Agilent Technologies company dossier](https://www.getswoopr.com/stocks/companies/agilent-technologies/) - [Agilent Technologies financial metrics](https://www.getswoopr.com/stocks/companies/agilent-technologies/metrics/) - [Agilent Technologies financial risk indicators](https://www.getswoopr.com/stocks/companies/agilent-technologies/risks/) - [Agilent Technologies peer comparison](https://www.getswoopr.com/stocks/companies/agilent-technologies/competitors/) - [Agilent Technologies business model and revenue mix](https://www.getswoopr.com/stocks/companies/agilent-technologies/business-model/) - [Fundamental analysis guides](https://www.getswoopr.com/learn/fundamental-analysis/) **[Swoopr Editorial Team](https://www.getswoopr.com/authors/swoopr-editorial-team/)** Swoopr's editorial team produces independent investment education content reviewed for accuracy and clarity. We do not provide personalized financial advice. See our [editorial policy](https://www.getswoopr.com/legal/editorial-policy/) and [corrections policy](https://www.getswoopr.com/legal/corrections-policy/).