---
title: "Keysight Technologies: Business Model"
description: "Keysight Technologies revenue by business segment and geography from its fiscal 2025 Form 10-K, with each part's share, growth and profitability explained."
canonical: https://www.getswoopr.com/stocks/companies/keysight-technologies/business-model/
source: "Swoopr Investment: https://www.getswoopr.com"
---

# Keysight Technologies: Business Model & Revenue Engine

## Direct Answer

Keysight Technologies reports revenue across 2 business segments in its fiscal 2025 Form 10-K. Communications Solutions Group is the largest, with $3.7 billion of revenue (69% of the total), followed by Electronic Industrial Solutions Group at $1.6 billion (31%).

## How Does Keysight Technologies Make Money?

Communications Solutions Group supplies 69% of revenue, so Keysight Technologies's results move mostly with that one business; the others matter more for diversification than for the headline number. Between fiscal 2024 and 2025, Communications Solutions Group grew fastest (+8.9%) and Electronic Industrial Solutions Group slowest (+5.8%), so the revenue mix tilts toward Communications Solutions Group while that gap lasts.

| Segment | FY2025 revenue | FY2024 revenue | Share of revenue | Change |
| --- | --- | --- | --- | --- |
| Communications Solutions Group | $3.7 billion | $3.4 billion | 69.3% | 8.9% |
| Electronic Industrial Solutions Group | $1.6 billion | $1.6 billion | 30.7% | 5.8% |

![Bar chart of Keysight Technologies revenue by segment for fiscal 2025: Communications Solutions Group 69.3%, Electronic Industrial Solutions Group 30.7%.](https://www.getswoopr.com/images/charts/keysight-technologies-business-model-segment-mix.webp)
*Keysight 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 Keysight Technologies Segments Earn the Most?

| Segment | FY2025 segment operating income | Segment margin |
| --- | --- | --- |
| Communications Solutions Group | $986 million | 26.5% |
| Electronic Industrial Solutions Group | $407 million | 24.7% |

Segment operating income is the profit measure Keysight 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 Keysight Technologies more safely than against another company.

## What Does Keysight Technologies Sell?

Keysight Technologies also breaks revenue down by product and service line, which shows what customers pay for rather than how management organizes the business.

| Product or service | FY2025 revenue | FY2024 revenue | Share of revenue | Change |
| --- | --- | --- | --- | --- |
| Product | $4.1 billion | $3.7 billion | 75.6% | 9.3% |
| Service Other | $1.3 billion | $1.3 billion | 24.4% | 4.0% |

## Where Does Keysight Technologies's Revenue Come From?

Regions follow the definitions in the filing; most companies assign revenue by customer location.

| Region | FY2025 revenue | FY2024 revenue | Share of revenue | Change |
| --- | --- | --- | --- | --- |
| Asia Pacific | $2.2 billion | $2.0 billion | 41.2% | 11.2% |
| Americas | $2.2 billion | $2.1 billion | 41.1% | 7.4% |
| Europe | $956 million | $934 million | 17.8% | 2.4% |

## What the Segment Figures Do Not Show

The rows above add up to 100% of Keysight 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 Keysight Technologies reported in the segment note and revenue disclosures of its Form 10-K filed December 17, 2025 (accession 0001601046-25-000127), 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 Keysight Technologies's business segments?

In its fiscal 2025 Form 10-K, Keysight Technologies reports revenue for Communications Solutions Group and Electronic Industrial Solutions Group.

### Which part of Keysight Technologies brings in the most revenue?

Communications Solutions Group, with $3.7 billion of revenue in fiscal 2025, or 69% of the total.

### Where does Keysight Technologies report its segment results?

In the segment note to the financial statements in its Form 10-K, most recently filed December 17, 2025, alongside management's discussion of each segment's results.

## References

- [SEC EDGAR: Keysight Technologies, Inc. Form 10-K filed December 17, 2025](https://www.sec.gov/Archives/edgar/data/1601046/000160104625000127/keys-20251031.htm)
- [SEC EDGAR: Keysight Technologies, Inc. annual and quarterly filings](https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1601046&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

- [Keysight Technologies company dossier](https://www.getswoopr.com/stocks/companies/keysight-technologies/)
- [Keysight Technologies financial metrics](https://www.getswoopr.com/stocks/companies/keysight-technologies/metrics/)
- [Keysight Technologies financial risk indicators](https://www.getswoopr.com/stocks/companies/keysight-technologies/risks/)
- [Keysight Technologies peer comparison](https://www.getswoopr.com/stocks/companies/keysight-technologies/competitors/)
- [Keysight Technologies business model and revenue mix](https://www.getswoopr.com/stocks/companies/keysight-technologies/business-model/)
- [Fundamental analysis guides](https://www.getswoopr.com/learn/fundamental-analysis/)

**[Swoopr Editorial Team](https://www.getswoopr.com/authors/swoopr-editorial-team/)**

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