Risk Sleuth
KEYS · 10-K filed 17 Dec 2025 · year to 31 Oct 2025

Keysight Technologies

27 named things its latest annual report says its results depend on, each in the company's own words. 22 of them are also named by other companies we've read.

Suppliers

Contract manufacturers

depends onnamed as a risk
If our contract manufacturers or other outsourcers fail to perform their obligations in a timely manner or at satisfactory quality levels, our ability to bring solutions to market and our reputation could suffer.Risk factors (Item 1A)

Also named by AIOT, COHR, CSCO, DELL, GNRC, GOOG, HROW, LITE and 6 more

Partners and platforms

Channel partners

earns from · over 800 agreements
To complement our direct sales force, we have over 800 agreements with channel partners around the world.Business (Item 1)

Also named by CRWD, DELL, GTLB, OKTA, P, QLYS, TEAM, VRNS

Other companies

HP Inc.

depends onnamed as a risk
We cannot be sure that HP will continue to fulfill its remediation obligations or that Agilent will continue to fulfill its indemnification obligations.Risk factors (Item 1A)

Also named by A, CDW, HPE, SNX

Agilent Technologies

depends onnamed as a risk
In connection with the separation, Agilent will indemnify us directly for any liabilities related thereto.Risk factors (Item 1A)

Also named by WGS

Centripetal Networks

named as a risk
On January 1, 2022, Centripetal Networks filed a lawsuit in Federal District Court in Virginia, alleging that certain Keysight products infringe certain of Centripetal’s patents.Risk factors (Item 1A)

Synopsys, Inc.

Additionally, in October 2025, we completed the acquisition of the Optical Solutions Group (“OSG”) business from Synopsys, Inc. (“Synopsys”) and the PowerArtist RTL business (“PowerArtist”) from Ansys, Inc. (“Ansys”) to complement and expand our existing design engineering software portfolio and computer-aided engineering capabilities.Business (Item 1)

Also named by CDNS

Spirent Communications plc

In October 2025, we acquired Spirent Communications plc (“Spirent”), complementing our position in communications test with additional differentiated solutions and deep customer relationships.Business (Item 1)

Places

China

operates innamed as a risk
Many of our suppliers, vendors, customers, partners, and other entities with whom we do business have strong ties to doing business in China and other countries impacted by the increased tariffs.Risk factors (Item 1A)

Also named by A, AA, AAOI, AAP, AAPL, AB, ADI, AEHR and 261 more

Russia

operates innamed as a risk
As a result, after an initial suspension of operations in Russia, we permanently discontinued our Russian operations and are exiting Russia.Business (Item 1)

Also named by ALSN, ATR, AVY, AXP, BKR, BSX, C, CDNA and 50 more

Taiwan

named as a risk
Regional conflicts, including the Russian invasion of Ukraine, which resulted in economic sanctions and the decision to discontinue our operations in Russia, conflict in the Middle East, and the risk of increased tensions between China and Taiwan, could limit or prohibit our ability to transfer certain technologies, to sell our products and solutions, and could result in additional closure of facilities in sanctioned countries.Risk factors (Item 1A)

Also named by AAOI, AAPL, AB, ADI, AEHR, ALAB, AMAT, AMD and 50 more

India

concentrated innamed as a risk
We centralize most of our accounting processes at two locations: India and Malaysia.Risk factors (Item 1A)

Also named by A, AAPL, ACN, AJG, AKAM, AMZN, AOS, AVGO and 54 more

California

operates innamed as a risk
For example, our production facilities, headquarters and laboratories in California and our production facilities in Japan are all located in areas with above-average seismic activity.Risk factors (Item 1A)

Also named by A, AAON, AFRM, ALK, ALLY, AN, ARE, AVAV and 88 more

Japan

operates innamed as a risk
For example, our production facilities, headquarters and laboratories in California and our production facilities in Japan are all located in areas with above-average seismic activity.Risk factors (Item 1A)

Also named by A, AAPL, AFL, AMKR, ANET, BMY, BSX, CAT and 25 more

Colorado Springs, Colorado

operates innamed as a risk
HP’s remediation obligations relating to Keysight’s Colorado Springs facility are ongoing.Risk factors (Item 1A)

Also named by ENTG, TROW

Penang, Malaysia

concentrated in
In addition to our centralized manufacturing hub in Penang, Malaysia, our largest facility, responsible for final assembly, tuning, calibration, and test of many of our advanced instruments, we maintain significant manufacturing operations in the United States, including facilities in California and Colorado.Business (Item 1)

Also named by ADI, DXCM, SNDK

Hazards

Earthquake

operates innamed as a risk
Although we carry insurance for property damage and business interruption, we do not carry insurance or financial reserves for interruptions or potential losses arising from earthquakes or terrorism.Risk factors (Item 1A)

Also named by A, ADBE, AEE, ARE, ARES, BLK, CDNA, CRC and 11 more

Commodities and inputs

U.S. dollar

exposed to its price · approximately 72 percent
In 2025, 2024, and 2023, approximately 72 percent, 71 percent, and 75 percent, respectively, of our revenues were generated in U.S. dollars.Market risk (Item 7A)

Also named by A, AAPL, AEHR, CROX, CSCO, FWONA, IDXX, LECO and 4 more

Semiconductors

depends onnamed as a risk
Our manufacturing operations employ a wide variety of semiconductors, electromechanical components and assemblies, and raw materials, such as plastic resins and sheet metal.Business (Item 1)

Also named by AAPL, AIOT, ARW, AXON, CARR, CAT, CIEN, CSCO and 16 more

Regulators

U.S. Federal Communications Commission

subject tonamed as a risk
In addition, our products and operations are also often subject to the rules of industrial standards bodies, like the International Standards Organization, as well as regulation by other agencies such as the U.S. Federal Communications Commission.Risk factors (Item 1A)

Also named by AIOT, AMT, ANET, ASTS, CCI, CMCSA, DIS, ECHO and 26 more

U.S. Department of Commerce

subject tonamed as a risk
Our customers and suppliers have at times become subject to U.S. export restrictions and sanctions, such as being added to the U.S. Department of Commerce’s “Lists of Parties of Concern” and having U.S. export privileges denied or suspended.Risk factors (Item 1A)

Also named by AIR, ALAB, AMKR, AXON, DELL, DLTR, ENTG, FSLR and 9 more

U.S. International Trade Commission (ITC)

subject tonamed as a risk
Centripetal has appealed this determination.Risk factors (Item 1A)

Also named by ANET, IDCC, LKQ, MO, MSI, NUE, PKG, QCOM

Laws and programs

Global Intangible Low Taxed Income (GILTI)

subject to · $107 millionnamed as a risk
On January 23, 2025, we filed a lawsuit against the United States of America in the United States Court of Federal Claims seeking a tax refund of $107 million, or such greater amount allowed by law, plus any other amount, including interest and cost, allowed by law.Risk factors (Item 1A)

General Data Protection Regulation (GDPR)

subject tonamed as a risk
If we fail to comply with GDPR or other data privacy regulation, we may be subject to significant financial fines and civil or criminal penalties, and may suffer damage to our reputation or brand, which could adversely affect our business and financial results.Risk factors (Item 1A)

Also named by A, AB, ABNB, ADBE, ADP, AGX, AIOT, AJG and 100 more

U.S. Export Administration Regulations

subject tonamed as a risk
We sell products and solutions to customers all over the world and are required to comply with the U.S Export Administration Regulations and economic and trade sanctions programs that limit or ban sales into certain countries.Business (Item 1)

Also named by ADI, ALAB, AMD, APP, ARW, AVGO, CARR, CDRE and 40 more

U.S. tariffs on imports from China

subject tonamed as a risk
Commencing in the second quarter of fiscal 2025, new U.S. tariffs applying to imports from all countries were announced, including significantly higher rates on imports from China.Risk factors (Item 1A)

Also named by DCI, GPC, PDFS, TSCO

Singapore tax incentive

subject tonamed as a risk
The Singapore tax incentive expires on July 31, 2029.Risk factors (Item 1A)

Malaysia tax incentive

subject tonamed as a risk
The Malaysia tax incentive expired on October 31, 2025.Risk factors (Item 1A)