Saturday 17 October 2026 Export QLYS’s income statement to Excel — free account

Qualys, Inc.

Qualys, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $669.1 million, up 10.1% from fiscal 2024. In the quarter to June 2026, revenue grew 11.0%, EPS grew 15.4% and free cash flow grew 72.3%, each against the same quarter a year earlier. Revenue growth for ten consecutive years.

180.89 11.76 −6.10%

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Market cap: $6.7B
P/E: 31.2×
Fwd P/E: 19.9×
Dividend yield: —
F-score: 7/9
Altman Z: 6.67
Beneish M: −2.92
Dividend safety: n/a

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

Total sells 23.00

Totals in millions of $.

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	—	—	—	—	—	—	—	—
Sell	3	5	3	3	2	—	3	10	5	4	4	1

Insider Ownership 2.20%

Capital & Financial Ratios $m

Market Cap 6,660.00

Revenue 702.98

Net Income 206.54

Free Cash Flow 313.96

Net Debt (426.29)

Current Ratio 1.38

Debt/Equity 0.00

P/E ratio 31.19

Fwd P/E 19.90

P/S ratio 9.00

P/B ratio 11.26

Past 5Y EPS Growth 19.42%

This Y EPS Growth 10.80%

Next Y EPS Growth 8.14%

Next Y revenue growth 9.86%

Next 5Y EPS Growth 8.11%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years

P/E against its own 10 years 18.98%

10-year low 10-year high

P/S against its own 10 years 37.08%

10-year low 10-year high

P/B against its own 10 years 70.36%

10-year low 10-year high

EV/Sales against its own 10 years 39.18%

10-year low 10-year high

EV/FCF against its own 10 years 23.18%

10-year low 10-year high

Dividends

Payout Ratio —

Annual Dividend Rate —

Annual Dividend Yield —

	total	individual payouts
2023	Powerpack
2022	Powerpack
2021	Powerpack
2020	Powerpack
2019	Powerpack
2017	Powerpack

special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	427	381	446	426
Receivables	146	165	171	140
Inventory	—	—	—	—
Other	—	—	—	—
	600	586	658	619

	2023	2024	2025	Q'26
Payables	1	1	1	1
ST’ Debt	—	—	—	—
Other	—	—	—	—
	389	428	467	447

Compound Annual Growth %

	10y	5y	3y
Sales	15.08%	13.01%	10.96%
Cash Flow	16.71%	11.43%	15.88%
Earnings	28.73%	16.71%	22.46%
Book Value	11.12%	6.77%	24.74%

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	176	182	—	—	—
’25	160	164	170	175	669
’24	146	149	154	159	608
’23	131	137	142	145	554
’22	113	120	126	131	490
’21	97	100	105	110	411
’20	86	89	93	95	363

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	95	60	—	—	—
’25	110	34	90	76	309
’24	86	50	61	48	244
’23	67	52	92	34	245
’22	79	34	42	44	199
’21	58	54	49	40	201
’20	52	29	60	39	180

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	94	56	—	—	—
’25	108	32	89	75	304
’24	83	49	58	42	232
’23	63	50	91	32	236
’22	71	30	41	32	175
’21	52	48	40	35	175
’20	45	25	47	32	149

Fiscal quarters ending in the months shown.

EPS $

	Mar	Jun	Sep	Dec	Year
’26	1.42	1.50	—	—	—
’25	1.29	1.29	1.39	1.47	5.44
’24	1.05	1.17	1.24	1.19	4.65
’23	0.77	0.95	1.24	1.08	4.03
’22	0.64	0.67	0.71	0.74	2.74
’21	0.01	0.53	0.70	0.55	1.77
’20	0.46	0.64	0.56	0.59	2.24

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	16.96	31.80	57.20	69.35	63.37	90.26	107.69	101.10	119.17	112.61	Analyst estimates 2026–2028 Powerpack
	High	39.67	62.35	98.30	97.12	126.30	148.84	162.36	206.35	201.03	155.47
People
People	Employees	684	869	1,194	1,289	1,498	1,823	2,143	2,188	2,400	2,625
	Revenue/emp, $m	0.29	0.27	0.23	0.25	0.24	0.23	0.23	0.25	0.25	0.25
Income, $m
Income, $m	Revenue	198	231	279	322	363	411	490	554	608	669
	Gross margin, %	78.21	77.65	76.27	78.38	78.17	78.25	79.01	80.61	81.65	82.85
	EBT	30	39	55	80	102	89	134	179	210	247
	EBT margin, %	15.37	17.06	19.89	24.87	28.11	21.74	27.30	32.22	34.53	36.89
	Net income	19	40	57	69	92	71	108	152	174	198
	Depreciation	18	22	28	30	34	40	35	21	12	11
Per share, $
Per share, $	Revenue	5.62	6.16	7.17	8.23	9.27	10.53	12.74	15.03	16.51	18.51
	Earnings	0.55	1.08	1.47	1.77	2.34	1.82	2.81	4.11	4.72	5.49
	Cash flow	1.97	2.87	3.23	4.11	4.60	5.14	5.17	6.63	6.63	8.56
	Capex	(0.66)	(1.01)	(0.59)	(0.81)	(0.79)	(0.66)	(0.62)	(0.24)	(0.34)	(0.14)
	Free cash flow	1.31	1.86	2.64	3.30	3.80	4.48	4.55	6.39	6.30	8.42
	Book value	7.33	9.18	9.21	9.90	10.33	11.19	7.52	9.98	12.97	15.53
	Shares, m	35	37	39	39	39	39	38	37	37	36
Valuation, ×
Valuation, ×	P/E	59.18	56.57	50.84	47.10	52.08	75.57	39.68	46.57	29.64	24.25
	P/S	5.80	9.91	10.42	10.13	13.15	13.03	8.76	12.76	8.49	7.18
	P/B	4.44	6.66	8.12	8.42	11.80	12.26	14.83	19.22	10.81	8.56
	EV/Sales	4.56	8.66	9.38	9.20	12.17	12.04	8.10	11.99	7.87	6.51
	EV/FCF	19.61	28.63	25.48	22.24	30.49	28.54	22.84	29.43	21.53	14.79
Cash, $m
Cash, $m	Operating cash flow	69	108	125	161	180	201	199	245	244	309
	Capex	(23)	(38)	(23)	(32)	(31)	(26)	(24)	(9)	(12)	(5)
	Free cash flow	46	70	103	129	149	175	175	236	232	304
Balance, $m
Balance, $m	Working capital	170	204	182	172	220	242	121	211	157	190
	Total debt	—	—	2	52	57	49	42	—	—	—
	Net debt	(244)	(288)	(289)	(299)	(356)	(405)	(321)	(427)	(381)	(446)
	Shareholders’ equity	258	344	358	387	404	437	289	368	477	561
Returns, %
Returns, %	ROA	5.26	8.56	10.20	10.99	12.97	9.15	14.25	20.03	19.45	19.17
	ROIC	129.26	42.22	45.73	51.37	124.66	174.38	0.00	0.00	122.26	120.40
	ROE	8.47	13.44	16.34	18.62	23.15	16.87	29.76	46.13	41.09	38.20

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
S SentinelOne, Inc.	$8.1B	— (loss-making)	— (loss-making)	+20.56% (above 0%: growing)	n/m	−83.92% (below 0%: shrinking)	72.07%	(31.08%)	Compare
DBX Dropbox, Inc.	$8.0B	19.5×	15.5×	+0.93% (above 0%: growing)	−6.52% (below 0%: shrinking)	−10.29% (below 0%: shrinking)	80.21%	26.10%	Compare
PATH UiPath, Inc.	$7.2B	19.1×	35.0×	+13.42% (above 0%: growing)	+2,233.33% (above 0%: growing)	−29.52% (below 0%: shrinking)	80.36%	7.70%	Compare
QLYS Qualys, Inc.	$6.7B	31.2×	19.9×	+11.04% (above 0%: growing)	+15.38% (above 0%: growing)	+72.34% (above 0%: growing)	83.40%	33.98%
DOX Amdocs Limited	$6.5B	14.2×	10.2×	+2.66% (above 0%: growing)	−57.55% (below 0%: shrinking)	−18.84% (below 0%: shrinking)	39.76%	8.90%	Compare
WEX WEX Inc.	$6.2B	17.9×	12.5×	+14.24% (above 0%: growing)	+58.08% (above 0%: growing)	−152.65% (below 0%: shrinking)	61.54%	26.94%	Compare
VRNS Varonis Systems, Inc.	$5.4B	— (loss-making)	— (loss-making)	+18.31% (above 0%: growing)	n/m	+15.62% (above 0%: growing)	75.27%	(22.57%)	Compare
BOX Box, Inc.	$5.4B	54.9×	64.3×	+9.23% (above 0%: growing)	+66.67% (above 0%: growing)	+65.84% (above 0%: growing)	79.08%	10.16%	Compare
ACIW ACI Worldwide, Inc.	$5.3B	24.0×	17.0×	+7.27% (above 0%: growing)	+158.33% (above 0%: growing)	+35.07% (above 0%: growing)	42.18%	10.37%	Compare
Median of peers	$6.4B	19.3×	16.3×	+11.33%	+62.38%	−14.56%	73.67%	9.53%

All 173 Software Infrastructure stocks →

Qualys, Inc. (QLYS) key facts

Strength: Qualys, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $669.1 million, up 10.1% from fiscal 2024.
Qualys, Inc. (QLYS) is a Software Infrastructure company in the Technology sector, listed on Nasdaq.
As of October 16, 2026, QLYS traded at $180.89, a market capitalization of $6.7 billion.
Return on equity was 38.2% and debt-to-equity 0.00.
Its Piotroski F-score is 7 out of 9 and its Altman Z-score is 6.67 (safe zone) for fiscal 2025.

Source: company filings (standardised) and stockrow calculations.