QLYS Stock - Qualys, Inc.
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Financial Statements
| Metric | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Revenue | $607.57M | $554.46M | $489.72M | $411.17M | $362.96M |
| Gross Profit | $496.09M | $446.97M | $386.94M | $321.73M | $283.74M |
| Gross Margin | 81.7% | 80.6% | 79.0% | 78.2% | 78.2% |
| Operating Income | $187.20M | $163.07M | $130.55M | $87.68M | $96.65M |
| Net Income | $173.68M | $151.59M | $107.99M | $70.96M | $91.57M |
| Net Margin | 28.6% | 27.3% | 22.1% | 17.3% | 25.2% |
| EPS | $4.72 | $4.11 | $2.81 | $1.82 | $2.34 |
Qualys, Inc. provides cloud-based information technology (IT), security, and compliance solutions in the United States and internationally. The company offers Qualys Cloud Apps, which includes Vulnerability Management; Vulnerability Management, Detection and Response; Threat Protection; Continuous Monitoring; Patch Management; Multi-Vector Endpoint Detection and Response; Certificate Assessment; SaaS Detection and Response; Secure Enterprise Mobility; Policy Compliance; Security Configuration Assessment; PCI Compliance; File Integrity Monitoring; Security Assessment Questionnaire; Out of-Band Configuration Assessment; Web Application Scanning; Web Application Firewall; Global Asset Inventory; Cybersecurity Asset Management; Certificate Inventory; Cloud Inventory; Cloud Security Assessment; and Container Security. Its integrated suite of IT, security, and compliance solutions delivered on its Qualys Cloud Platform enables customers to identify and manage IT assets, collect and analyze IT security data, discover and prioritize vulnerabilities, recommend and implement remediation actions, and verify the implementation of such actions. The company also provides asset tagging and management, reporting and dashboards, questionnaires and collaboration, remediation and workflow, big data correlation and analytics engine, and alerts and notifications, which enable integrated workflows, management and real-time analysis, and reporting across IT, security, and compliance solutions. The company offers its solutions through its sales teams, as well as through its network of channel partners, such as security consulting organizations, managed service providers, resellers, and consulting firms. It serves enterprises, government entities, and small and medium-sized businesses in various industries, including education, financial services, government, healthcare, insurance, manufacturing, media, retail, technology, and utilities. The company was incorporated in 1999 and is headquartered in Foster City, California.
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Price Targets
Recent Analyst Actions
| Date | Firm | Action | Rating | Price Target |
|---|---|---|---|---|
| November 18th 2025 | Berenberg | Initiation | Hold | $165 |
| November 5th 2025 | Piper Sandler | Upgrade | Neutral | $135 |
| March 18th 2025 | Morgan Stanley | Resumed | Underweight | $120 |
| November 11th 2024 | Wolfe Research | Upgrade | Peer Perform | - |
| November 6th 2024 | Needham | Resumed | Hold | - |
| October 16th 2024 | Jefferies | Initiation | Hold | $135 |
| April 26th 2024 | Scotiabank | Initiation | Sector Perform | $172 |
| March 26th 2024 | TD Cowen | Initiation | Market Perform | $170 |
| August 18th 2023 | Stephens | Initiation | Equal Weight | $145 |
| July 6th 2023 | UBS | Initiation | Neutral | $135 |
| June 9th 2023 | Piper Sandler | Downgrade | Underweight | $109← $120 |
| May 31st 2023 | William Blair | Initiation | Outperform | - |
| May 8th 2023 | Wolfe Research | Downgrade | Underperform | $100 |
| February 13th 2023 | Wolfe Research | Downgrade | Peer Perform | - |
| January 24th 2023 | JP Morgan | Initiation | Underweight | $109 |
Earnings History & Surprises
QLYSEPS Surprise History
Quarterly EPS Details
| Period | Report Date | Estimated EPS | Actual EPS | Surprise | Result |
|---|---|---|---|---|---|
Q2 2026 | May 4, 2026 | — | — | — | — |
Q1 2026 | Feb 5, 2026 | $1.78 | — | — | — |
Q4 2025 | Nov 4, 2025 | $1.56 | $1.86 | +19.2% | ✓ BEAT |
Q3 2025 | Aug 5, 2025 | $1.47 | $1.68 | +14.3% | ✓ BEAT |
Q2 2025 | May 6, 2025 | $1.46 | $1.67 | +14.4% | ✓ BEAT |
Q1 2025 | Feb 6, 2025 | $1.35 | $1.60 | +18.5% | ✓ BEAT |
Q4 2024 | Nov 5, 2024 | $1.33 | $1.56 | +17.3% | ✓ BEAT |
Q3 2024 | Aug 6, 2024 | $1.32 | $1.52 | +15.2% | ✓ BEAT |
Q2 2024 | May 7, 2024 | $1.31 | $1.45 | +10.7% | ✓ BEAT |
Q1 2024 | Feb 7, 2024 | $1.24 | $1.40 | +12.9% | ✓ BEAT |
Q4 2023 | Nov 2, 2023 | $1.14 | $1.51 | +32.5% | ✓ BEAT |
Q3 2023 | Aug 3, 2023 | $1.02 | $1.27 | +24.5% | ✓ BEAT |
Q2 2023 | May 4, 2023 | $0.96 | $1.09 | +13.5% | ✓ BEAT |
Q1 2023 | Feb 9, 2023 | $0.91 | $1.01 | +11.0% | ✓ BEAT |
Q4 2022 | Nov 2, 2022 | $0.87 | $0.94 | +8.0% | ✓ BEAT |
Q3 2022 | Aug 8, 2022 | $0.79 | $0.89 | +12.7% | ✓ BEAT |
Q2 2022 | May 4, 2022 | $0.81 | $0.89 | +9.9% | ✓ BEAT |
Q1 2022 | Feb 10, 2022 | $0.80 | $0.84 | +5.0% | ✓ BEAT |
Q4 2021 | Nov 3, 2021 | $0.79 | $0.86 | +8.9% | ✓ BEAT |
Q3 2021 | Aug 9, 2021 | $0.68 | $0.79 | +16.2% | ✓ BEAT |
Latest News
UBS Maintains Neutral on Qualys, Raises Price Target to $150
➖ NeutralScotiabank Maintains Sector Perform on Qualys, Lowers Price Target to $139
➖ NeutralJP Morgan Maintains Underweight on Qualys, Raises Price Target to $117
➖ NeutralCanaccord Genuity Maintains Buy on Qualys, Raises Price Target to $160
📈 PositiveTruist Securities Reiterates Hold on Qualys, Lowers Price Target to $130
➖ NeutralQualys surges on Q3 results, outlook while recording record operating margin
📈 PositiveQualys shares are trading higher after the company reported better-than-expected Q3 financial results and issued Q4 guidance above estimates. Also, the company raised its FY25 guidance above estimates.
📈 PositivePiper Sandler Upgrades Qualys to Neutral, Raises Price Target to $135
➖ NeutralQualys shares are trading higher after the company reported better-than-expected Q3 financial results and issued Q4 guidance above estimates. Also, the company raised its FY25 guidance above estimates.
📈 PositiveQualys pops as it cybersecurity strength buoys Q3 results, guidance
📈 PositiveQualys Non-GAAP EPS of $1.86 beats by $0.30, revenue of $169.9M beats by $3.6M
📈 PositiveQualys Affirms FY2025 GAAP EPS Guidance of $4.47-$4.77 vs $4.75 Est
➖ NeutralQualys Raises FY2025 Adj EPS Guidance from $6.20-$6.50 to $6.93-$7.00 vs $6.44 Est; Raises FY2025 Sales Guidance from $656.000M-$662.000M to $665.800M-$667.800M vs $659.801M Est
📈 PositiveQualys Sees Q4 Adj EPS $1.73-$1.80 vs $1.52 Est; Sees Sales $172.000M-$174.000M vs $169.515M Est
📈 PositiveQualys Sees Q4 GAAP EPS $1.23-$1.33 vs $1.06 Est
📈 PositiveQualys Q3 Adj. EPS $1.86 Beats $1.56 Estimate, Sales $169.882M Beat $166.303M Estimate
📈 PositiveUBS Maintains Neutral on Qualys, Lowers Price Target to $145
➖ NeutralQualys Says Qualys Government Platform Bags FedRAMP High Authorization, Sponsored By U.S. Drug Enforcement Agency
📈 PositiveQualys Non-GAAP EPS of $1.67 beats by $0.20, revenue of $159.9M beats by $2.81M
📈 PositiveFrequently Asked Questions about QLYS
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