QLYSNasdaqServices-Prepackaged SoftwareFiscal year ends December 31
QUALYS, INC.
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 4, 2026
$190.08+9.03 (+4.99%)
Close on Oct 19, 2026
- Market cap
- $6.66B
- P/E (TTM)
- 32.9
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2011 to 2025
Gross margin
82.8%+4.7 pts over 5 years
Operating margin
33.2%+6.5 pts over 5 years
Net margin
29.6%+4.4 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +10.1% | +11.0% | +13.0% | +13.0% | |
| Gross profit | +11.7% | +12.7% | +14.3% | +15.6% | |
| Operating income | +18.6% | +19.4% | +18.1% | +24.5% | |
| Net income | +14.2% | +22.5% | +16.7% | +26.3% | |
| EPS, diluted | +17.0% | +25.7% | +19.3% | +27.0% | |
| Free cash flow | +31.3% | +18.4% | +15.2% | +20.8% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | 8.5% | 23.1% | 38.2% | |
| Return on assets | 5.3% | 13.0% | 19.2% | |
| Current ratio | 2.31 | 1.86 | 1.41 | |
| Interest coverage | 1158.0× | 10739.3× | – | |
| Capex to revenue | 11.7% | 8.3% | 0.7% | |
| Diluted shares | 38M | 41M | 36M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Qualys generated $1.20B from operations and spent $1.01B on capital expenditure, dividends and share buybacks. 7% of that went back into the business.
Generated
$1.20B
Used
$1.01B
Capital expenditure$65.90M7%Dividends$00%Share buybacks$941.42M93%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin29.6%
×Asset turnover0.65×
×Equity multiplier1.99×
=Return on equity, FY202538.2%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | 29.6% | 0.65× | 1.99× | 38.2% |
| FY2024 | 28.6% | 0.68× | 2.11× | 41.1% |
| FY2023 | 27.3% | 0.73× | 2.30× | 46.1% |
| FY2022 | 22.1% | 0.65× | 2.09× | 29.8% |
| FY2021 | 17.3% | 0.53× | 1.84× | 16.9% |
| FY2020 | 25.2% | 0.51× | 1.78× | 23.1% |
| FY2019 | 21.6% | 0.51× | 1.69× | 18.6% |
| FY2018 | 20.5% | 0.50× | 1.60× | 16.3% |
| FY2017 | 17.5% | 0.49× | 1.57× | 13.4% |
| FY2016 | 9.7% | 0.54× | 1.61× | 8.5% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
6of 8 tests passed in fiscal 2025. Some tests lack the figures they need.
- ProfitableNet income above zero$198.32M
- Cash generatingOperating cash flow above zero$309.40M
- Return on assets improvedROA up on the prior year21.4% → 20.4%
- Earnings backed by cashOperating cash flow above net income$309.40M vs $198.32M
- Less leverageLong-term debt to assets fell– → –
- Better liquidityCurrent ratio rose1.37 → 1.41
- No dilutionShare count did not rise37M → 36M
- Gross margin improvedGross margin up on the prior year81.65% → 82.85%
- More efficientAsset turnover rose0.75 → 0.69