Qualys, Inc. logo QLYS - Qualys, Inc.

Price: -- -- | CONSENSUS: Hold DETAILS
STRONG
BUY
0
BUY 17
HOLD 27
SELL 4
STRONG
SELL
0
| PRICE TARGET: $103.00 DETAILS
HIGH: $125.00
LOW: $85.00
MEDIAN: $100.00
CONSENSUS: $103.00
UPSIDE: 0.62%
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009
Revenue
Revenue 669.1 607.6 554.5 489.7 411.2 363.0 321.6 278.9 230.8 197.9 164.3 133.6 108.0 91.4 76.2 65.4 57.4
Cost of Revenue 114.8 111.5 107.5 102.8 89.4 79.2 69.5 66.2 51.6 42.5 33.9 29.0 24.7 18.4 13.2 11.2 10.7
Gross Profit 554.4 496.1 447.0 386.9 321.7 283.7 252.1 212.7 179.2 155.5 130.4 104.6 83.3 73.0 63.0 54.2 46.7
Operating Expenses
R&D Expenses 117.3 111.9 110.5 101.2 81.3 72.5 68.2 53.3 42.8 35.3 29.5 26.3 21.7 20.2 19.6 15.8 13.4
SG&A Expenses 215.1 197.0 173.4 155.2 152.8 114.5 111.6 109.1 99.2 90.1 76.1 69.0 59.3 49.8 40.4 37.2 32.2
Other Expenses 0 0 0 0 0 0 0 (0.8) (0.5) (1.0) (0.8) 0 (0.5) (0.2) (0.0) (0.0) 0.0
Operating Expenses 332.4 308.9 283.9 256.4 234.1 187.1 179.8 162.3 142.0 125.3 105.6 95.4 81.0 70.0 60.1 53.0 45.6
Operating Income
Operating Income 222.0 187.2 163.1 130.5 87.7 96.7 72.3 50.4 37.2 30.1 24.8 9.2 2.3 3.0 2.9 1.2 1.1
Interest Expense 0 0 0 0 0 0.0 0.1 0.2 0.0 0.0 0.0 0.0 0.0 0.2 0.2 0.2 0.2
Interest Income 25.3 25.8 16.9 5.2 2.3 5.4 8.4 6.1 2.7 1.3 0.6 0.5 0.4 0.0 0.0 0.0 0.0
Profitability
EBITDA 261.3 205.7 190.1 165.2 123.6 134.9 111.3 79.3 57.9 47.1 39.2 20.5 11.9 10.2 7.9 5.4 5.2
EBIT 246.8 187.2 163.1 130.5 87.7 102.0 80.1 50.4 39.4 30.5 24.5 9.2 2.1 2.8 2.6 0.8 1.3
Income Before Tax 246.8 209.8 178.7 133.7 89.4 102.0 80.0 55.5 39.4 30.4 24.5 8.6 2.1 2.6 2.4 0.6 1.1
Income Tax Expense 48.5 36.1 27.1 25.7 18.4 10.5 10.6 (1.8) (1.1) 11.2 8.7 (21.6) 0.5 0.4 0.4 (0.2) 0.2
Net Income 198.3 173.7 151.6 108.0 71.0 91.6 69.3 57.3 40.4 19.2 15.9 30.2 1.6 2.3 2.0 0.8 0.9
Per Share Data
EPS (Basic) 5.49 4.72 4.11 2.81 1.82 2.34 1.77 1.37 1.08 0.55 0.47 0.92 0.05 0.09 0.08 0.03 0.16
EPS (Diluted) 5.44 4.65 4.03 2.74 1.77 2.24 1.68 1.37 1.01 0.50 0.42 0.81 0.05 0.08 0.08 0.03 0.16
Shares Outstanding 36.1 36.8 36.9 38.5 39.0 39.2 39.1 41.8 37.4 35.2 34.0 33.0 31.9 11.9 5.4 5.4 5.4
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016
Current Assets
Cash & Cash Equivalents 250.3 232.2 203.7 173.7 137.3 74.1 87.6 41.0 86.6 86.7
Short-Term Investments 195.7 149.2 221.9 147.6 268.0 281.9 211.3 248.1 201.8 157.1
Net Receivables 171.0 164.6 146.2 121.8 109.0 100.2 78.0 75.8 64.4 47.0
Inventory 0 0 0 0 0 0 0 0 0 0
Other Current Assets 40.7 39.7 28.2 30.2 0 0 0 14.0 16.5 9.8
Total Current Assets 657.6 585.7 600.0 473.3 546.4 475.3 395.6 379.0 369.4 300.7
Non-Current Assets
Property, Plant & Equipment 69.2 71.3 55.0 81.2 98.9 109.7 101.1 61.4 58.6 39.4
Goodwill 7.4 7.4 7.4 7.4 7.4 7.4 7.4 7.2 1.5 0.3
Intangible Assets 4.3 6.8 9.7 12.8 6.5 12.0 16.8 22.0 12.4 1.0
Long-Term Investments 252.1 193.9 56.6 59.2 111.2 98.5 119.5 79.2 67.2 45.7
Other Non-Current Assets 30.0 27.1 21.1 21.6 19.0 18.1 16.3 10.5 3.4 3.3
Total Non-Current Assets 437.5 387.8 212.6 227.6 268.2 261.5 280.0 206.7 168.2 106.3
Total Assets 1,095.1 973.5 812.6 700.9 814.6 736.8 675.6 585.7 537.5 407.0
Current Liabilities
Account Payables 1.2 1.3 1.0 2.8 1.3 0.7 0.8 5.6 1.1 2.1
Short-Term Debt 7.3 0 0 0 0 0 0 0 0 0
Deferred Revenue 401.1 371.5 333.3 293.7 257.9 213.5 192.2 164.6 143.2 115.0
Other Current Liabilities 57.7 0 0 0 0 0 0 0 0 0
Total Current Liabilities 467.3 428.4 389.2 352.2 304.3 255.7 223.5 196.9 165.8 130.3
Non-Current Liabilities
Long-Term Debt 45.0 0 0 0 0 0 0 0 0 0
Deferred Tax Liabilities 0 0 0 0 0 0 0 8.9 3.4 0
Other Non-Current Liabilities (39.6) 6.3 6.7 7.0 4.9 0.4 0.4 10.4 11.1 2.7
Total Non-Current Liabilities 66.6 68.0 55.2 59.6 73.6 76.6 65.3 30.8 28.2 18.3
Total Liabilities 533.9 496.4 444.4 411.8 377.8 332.3 288.8 227.7 194.0 148.6
Stockholders' Equity
Common Stock 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Retained Earnings (166.7) (189.2) (228.1) (221.4) (41.7) 3.6 23.2 28.0 39.9 (8.3)
Accumulated Other Comprehensive Income (4.0) 1.4 (1.7) (1.9) 1.0 (0.5) 1.2 (0.6) (0.6) (0.2)
Total Stockholders' Equity 561.2 477.1 368.2 289.1 436.7 404.5 386.8 358.0 343.5 258.4
Total Liabilities & Equity 1,095.1 973.5 812.6 700.9 814.6 736.8 675.6 585.7 537.5 407.0
Debt Metrics
Total Debt 97.2 47.2 28.7 42.2 48.5 57.4 51.7 1.6 0 0
Net Debt (153.0) (185.0) (174.9) (131.5) (88.8) (16.8) (35.9) (39.5) (86.6) (86.7)
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016
Operating Activities
Net Income 198.3 173.7 151.6 108.0 71.0 91.6 69.3 57.3 40.4 19.2
Depreciation & Amortization 14.5 18.5 27.0 34.6 35.9 32.8 31.2 28.9 20.6 17.0
Stock-Based Compensation 77.0 77.1 69.1 53.4 67.6 40.0 34.9 30.1 27.0 20.1
Change in Working Capital 13.4 0.2 18.2 21.7 31.0 10.7 19.2 16.7 20.2 19.6
Other Non-Cash Items (2.2) (6.0) (4.6) 1.4 4.9 1.4 (1.1) (1.0) 9.8 (7.4)
Operating Cash Flow 309.4 244.1 244.6 198.9 200.6 180.1 160.6 127.8 107.6 68.1
Investing Activities
Capital Expenditure (5.0) (12.3) (8.8) (24.0) (25.7) (30.0) (31.6) (25.1) (37.8) (23.2)
Acquisitions 0 0 0 (145.1) (1.2) (1.5) (4.0) (13.6) (12.5) 0
Purchases of Investments (349.1) (368.3) (306.8) (178.8) (368.4) (391.7) (331.1) (342.4) (299.9) (223.0)
Sales/Maturities of Investments 248.2 309.2 242.4 347.8 363.9 341.9 328.4 285.2 232.0 149.7
Other Investing Activities 0 0 0 145.1 1.9 0.4 (0.6) (57.1) (67.9) (73.2)
Investing Cash Flow (105.9) (71.4) (73.2) 145.1 (29.5) (80.9) (35.0) (95.9) (118.2) (96.5)
Financing Activities
Net Debt Issuance 0 0 0 0 (0.1) (0.1) (1.7) (1.6) 0 0
Stock Repurchased (183.4) (139.9) (170.8) (317.3) (130.0) (126.7) (86.4) (85.0) (20.9) (0.4)
Dividends Paid 0 0 0 0 0 0 0 0 0 0
Other Financing Activities (25.0) (5.8) 29.3 (17.6) 22.2 14.3 9.1 9.2 10.4 23.4
Financing Cash Flow (185.4) (145.7) (141.5) (306.0) (107.9) (112.6) (79.0) (77.5) 10.4 23.4
Cash Position
Net Change in Cash 18.1 27.0 29.9 37.9 63.2 (13.4) 46.5 (45.6) (0.1) (5.0)
Cash at Beginning 233.4 206.4 176.4 138.5 75.3 88.8 42.2 87.8 86.7 91.7
Cash at End 251.5 233.4 206.4 176.4 138.5 75.3 88.8 42.2 86.6 86.7
Free Cash Flow 304.4 231.8 235.8 174.9 175.0 150.0 129.0 102.7 69.8 44.9
Key Metrics 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009
Income Statement
Revenue 669.1 607.6 554.5 489.7 411.2 363.0 321.6 278.9 230.8 197.9 164.3 133.6 108.0 91.4 76.2 65.4 57.4
Gross Profit 554.4 496.1 447.0 386.9 321.7 283.7 252.1 212.7 179.2 155.5 130.4 104.6 83.3 73.0 63.0 54.2 46.7
Operating Income 222.0 187.2 163.1 130.5 87.7 96.7 72.3 50.4 37.2 30.1 24.8 9.2 2.3 3.0 2.9 1.2 1.1
Net Income 198.3 173.7 151.6 108.0 71.0 91.6 69.3 57.3 40.4 19.2 15.9 30.2 1.6 2.3 2.0 0.8 0.9
EPS (Diluted) 5.44 4.65 4.03 2.74 1.77 2.24 1.68 1.37 1.01 0.50 0.42 0.81 0.05 0.08 0.08 0.03 0.16
Balance Sheet
Cash & Equivalents 250.3 232.2 203.7 173.7 137.3 74.1 87.6 41.0 86.6 86.7
Total Assets 1,095.1 973.5 812.6 700.9 814.6 736.8 675.6 585.7 537.5 407.0
Total Debt 97.2 47.2 28.7 42.2 48.5 57.4 51.7 1.6 0 0
Stockholders' Equity 561.2 477.1 368.2 289.1 436.7 404.5 386.8 358.0 343.5 258.4
Cash Flow
Operating Cash Flow 309.4 244.1 244.6 198.9 200.6 180.1 160.6 127.8 107.6 68.1
Capital Expenditure (5.0) (12.3) (8.8) (24.0) (25.7) (30.0) (31.6) (25.1) (37.8) (23.2)
Free Cash Flow 304.4 231.8 235.8 174.9 175.0 150.0 129.0 102.7 69.8 44.9