Keysight Technologies Inc. (KEYS) Revenue-to-Profit Sankey Flow & SEC XBRL Financials

Per the Roarable RQD rating, KEYS scores 67 out of 100, a letter grade of C+, with the verdict "Roarable Hold — Upper Neutral / Watch for Breakout." The five pillars are: Fundamental Cash Engine 16/20 (ROIC 10.5%; FCF yield 2.28%); Whale 13F Flow 12/20 (institutional accumulation and options positioning); Insider Conviction 9/20 (SEC Form 4 and Congressional PTR cluster flow); Macro Regime Fit 12/20 (Beta 0.88; sector sensitivity); and Forensic Balance Sheet 18/20 (Altman Z 8.31; Piotroski F 9/9; Debt/Equity 0.41).

For a prospective investor, the strongest pillar is the forensic balance sheet, which indicates low financial-distress risk per the metrics provided. The cash-engine pillar is solid but not exceptional, and the free-cash-flow yield of 2.28% implies the market is paying a high multiple for each dollar of free cash flow, a valuation tradeoff. The weakest pillar is insider conviction at 9/20, which the RQD rating reports as a lack of strong insider-directed buying conviction, though the source data does not itemize individual Form 4 transactions. Macro fit is moderate: the 0.88 beta suggests somewhat lower market sensitivity than the broad market, per the source. The "Watch for Breakout" label implies the rating is waiting on a confirmed directional move rather than signaling an immediate buy or sell. Upside drivers cited in the source include earnings-quality strength and balance-sheet resilience; valuation is the principal tradeoff, given the multiples below.

Keysight Technologies Inc. is a NYSE-listed issuer classified in the Industrials sector and the Industrial Machinery/Components industry, per the company profile. Not available in source data for product-level detail, customer segments, or revenue-mix breakdown. The source data confirms the company's market capitalization of $56.2B and its classification; it does not describe specific products sold or the customer base.

Per the SEC financials, revenue rose from $4979.0M in FY 2024 to $5375.0M in FY 2025, and net income rose from $614.0M to $850.0M, while FY 2023 revenue was $5464.0M with net income of $1057.0M. Per the market data, gross margin is 62.1%, operating margin 16.3%, and net margin 15.8%, with ROIC of 10.5%. The source reports an Altman Z-Score of 8.31 and a Piotroski F-Score of 9/9 within the RQD forensic pillar, and Debt/Equity of 0.41. Debt was $7227.0M in FY 2023 and $2534.0M in FY 2025, a reduction shown in the filings provided.

Per the recent news wire, headlines include a report that Keysight unveiled new 6G test tools and a question of whether the stock is fully valued; a bull-flag technical-setup piece; an Investor's Business Daily piece describing the company as an AI-related supplier outpacing the S&P; a stock-price forecast piece; a Simply Wall St piece asking whether insiders have been selling; and a Benzinga long-horizon return article. Catalyst-flagged items include the 6G test-tool announcement and the bull-flag setup. Risk watch items include the valuation questions raised in the headlines and the insider-selling question. Per the Butterfly Supply-Chain Graph, supply chain is listed as NONE, no butterfly links are recorded, and no proprietary signals are present. The headlines' content beyond titles is not included in the source data.

• What are the specific product lines and customer end-markets behind the 6G test-tool announcement and the AI-supplier characterization?
• Which Form 4 insider transactions and 13F institutional positions drive the 9/20 insider and 12/20 whale pillar scores?
• What are analyst consensus ratings and price targets, given that no analyst data was supplied?
• How did FY 2023 debt of $7227.0M decline to $2534.0M, and what drove the change?
• What is the EPS figure for the reported fiscal periods, which the filings list as N/A?