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 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4 2020 Q3 2020 Q2 2020 Q1 2019 Q4 2019 Q3 2019 Q2 2019 Q1 2018 Q4 2018 Q3 2018 Q2 2018 Q1 2017 Q4 2017 Q3 2017 Q2 2017 Q1 2016 Q4 2016 Q3 2016 Q2 2016 Q1 2015 Q4 2015 Q3 2015 Q2 2015 Q1 2014 Q4 2014 Q3 2014 Q2 2014 Q1 2013 Q4 2013 Q3 2013 Q2 2013 Q1 2012 Q4 2012 Q3 2012 Q2 2012 Q1 2011 Q4 2011 Q3 2011 Q2 2011 Q1
Revenue
Revenue 176.6 175.3 169.9 164.1 159.9 159.2 153.9 148.7 145.8 144.6 142.0 137.2 130.7 130.8 125.6 119.9 113.4 109.8 104.9 99.7 96.8 94.8 93.1 88.8 86.3 84.7 82.7 78.9 75.3 74.2 71.7 68.2 64.9 62.9 59.5 55.3 53.1 52.2 51.0 48.5 46.2 44.4 42.5 39.9 37.5 36.6 34.3 32.3 30.4 29.0 27.7 26.3 24.9 24.7 23.4 22.2 21.2 20.7 19.4 18.5 17.7
Cost of Revenue 29.3 29.2 27.8 28.9 28.9 29.0 28.8 26.4 27.2 27.1 26.7 26.7 27.0 27.7 26.0 25.0 24.0 23.7 22.5 21.6 21.7 21.2 20.6 18.9 18.5 17.2 17.1 17.5 17.7 17.5 16.5 16.2 15.9 14.4 12.7 12.2 12.3 11.7 11.3 10.1 9.4 9.0 8.8 8.2 8.0 7.5 7.4 7.2 6.8 6.5 6.4 5.9 5.8 5.0 4.6 4.6 4.2 4.1 3.2 3.0 2.9
Gross Profit 147.4 146.1 142.1 135.2 131.0 130.2 125.0 122.3 118.6 117.4 115.3 110.5 103.7 103.1 99.6 94.8 89.4 86.1 82.5 78.2 75.1 73.6 72.5 69.9 67.8 67.5 65.6 61.4 57.6 56.7 55.1 51.9 49.0 48.5 46.8 43.1 40.8 40.5 39.7 38.4 36.8 35.4 33.7 31.7 29.5 29.1 26.9 25.1 23.5 22.5 21.3 20.4 19.1 19.7 18.7 17.6 17.0 16.5 16.1 15.5 14.8
Operating Expenses
R&D Expenses 29.0 29.0 28.9 30.2 29.2 28.3 28.9 27.1 27.5 27.5 27.8 27.4 27.8 27.8 25.5 24.8 23.1 22.4 21.3 19.8 17.7 18.6 17.9 18.1 18.0 17.8 16.9 17.7 15.8 15.1 12.5 13.1 12.6 11.6 10.9 10.5 9.8 8.9 9.4 9.1 7.8 7.5 7.6 7.2 7.2 7.0 6.5 6.4 6.4 5.9 5.2 5.3 5.3 4.9 5.1 5.1 5.1 5.0 4.9 5.0 4.8
SG&A Expenses 55.7 58.3 53.2 53.5 50.1 52.4 51.2 47.1 46.3 48.5 43.9 40.3 40.8 44.6 40.7 37.1 32.8 34.6 29.1 29.0 60.0 30.5 28.3 26.4 29.4 30.1 26.1 27.6 27.7 28.7 24.5 27.9 28.0 27.2 25.0 23.6 23.3 22.9 22.3 23.5 21.4 20.2 19.3 19.2 17.5 17.8 16.9 16.9 17.4 16.4 14.7 14.2 14.1 13.2 12.0 12.6 12.1 11.6 10.2 9.4 9.2
Other Expenses 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (0.3) 0.2 (0.2) 0.0 0 0 0.2 (0.2) (0.1) (0.2) (0.0) 0 (0.1) (0.2) (0.1) 0 0 0 (0.2) 0 (0.1) (0.0) (0.1) (0.1) (0.1) 0.0 0 (0.1) 0 (0.1) 0 0 0 0 0
Operating Expenses 84.4 87.3 82.1 83.8 79.2 80.7 80.1 74.2 73.8 76.0 71.7 67.7 68.6 72.4 66.2 61.9 55.9 57.0 50.5 48.8 77.8 49.2 46.1 44.4 47.3 48.0 43.0 45.3 43.6 43.7 37.0 41.0 40.6 38.8 35.9 34.1 33.2 31.7 31.7 32.7 29.2 27.7 26.8 26.4 24.6 24.8 23.4 23.3 23.8 22.3 19.8 19.5 19.4 18.0 17.0 17.8 17.2 16.6 15.2 14.4 14.0
Operating Income
Operating Income 62.9 58.8 60.0 51.4 51.8 49.4 45.0 48.1 44.8 41.5 43.6 42.8 35.2 30.7 33.3 33.0 33.5 29.0 32.0 29.4 (2.7) 24.4 26.3 25.5 20.4 19.5 22.5 16.1 14.1 12.9 18.1 10.9 8.4 9.7 10.8 9.0 7.7 8.8 8.0 5.7 7.6 7.7 6.9 5.3 4.9 4.2 3.5 1.8 (0.3) 0.2 1.5 0.9 (0.3) 1.6 1.7 (0.2) (0.1) (0.0) 1.0 1.1 0.8
Interest Expense 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0.0 0.0 0.0 0 0.0 0.0 0.0 0.0 0.0 0.1 0.0 0.0 0.0 0 0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0 0.0 0 0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.1 0.1 0.0 0.0 0.1 0.1
Interest Income 6.2 6.3 6.3 6.4 6.2 6.2 6.8 6.7 6.1 5.6 5.1 3.8 2.4 2.3 1.6 0.8 0.5 0.4 0.5 0.6 0.7 0.9 1.1 1.4 1.9 2.1 2.1 2.2 2.1 1.9 1.7 1.5 1.1 0.9 0.8 0.5 0.5 0.4 0.4 0.3 0.2 0.2 0.2 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.0 0.0 0.0 0 0.0 0.0 0.0 0.0
Profitability
EBITDA 66.0 67.6 68.5 55.4 55.9 53.5 49.3 52.8 50 47.3 50.3 49.8 42.6 39.5 41.6 41.6 42.5 38.8 40.9 38.6 6.9 34.0 36.0 35.0 30.0 29.0 32.0 26.4 22.0 20.6 26.2 19.0 16.7 15.3 16.1 14.0 12.9 14.2 12.8 10.4 11.4 11.6 10.7 8.7 8.1 7.3 6.6 4.8 2.5 2.8 4.1 3.4 1.6 3.4 3.6 1.5 1.6 1.5 2.2 2.4 2.1
EBIT 62.9 64.4 65.3 51.4 51.8 49.4 45.0 48.1 44.8 41.5 43.6 42.8 35.2 30.7 33.3 33.0 33.5 29.7 32.1 29.8 (2.2) 25.1 27.6 27.1 22.2 21.3 24.4 18.5 14.1 12.9 18.1 10.9 8.4 10.4 11.5 9.4 7.7 8.7 8.0 5.8 7.8 7.5 6.9 5.4 4.8 3.5 3.4 1.8 (0.2) 0.2 1.5 1.0 (0.5) 1.5 1.8 (0.3) (0.1) (0.5) 0.6 1.2 1.2
Income Before Tax 65.0 64.4 65.3 58.8 58.3 53.8 52.3 54.2 49.5 47.6 48.0 45.7 37.4 34.4 33.8 32.1 33.3 29.7 32.1 29.8 (2.2) 25.1 27.6 27.1 22.2 21.3 24.3 18.5 15.8 14.8 19.2 11.8 9.7 10.4 11.5 9.4 8.1 8.7 8.2 5.8 7.8 7.5 6.7 5.4 4.8 3.6 3.5 1.9 (0.3) 0.2 1.5 1.0 (0.5) 1.5 1.7 (0.4) (0.2) (0.5) 0.5 1.2 1.2
Income Tax Expense 14.3 11.3 14.9 11.5 10.8 9.9 6.1 10.4 9.8 7.0 1.5 10.3 8.3 6.1 6.2 5.5 7.9 7.9 4.3 8.7 (2.4) 1.3 4.9 0.8 3.5 0.6 5.2 2.3 2.6 0.4 (4.2) 1.5 0.5 7.5 3.1 2.2 (13.8) 2.8 3.2 2.2 3.0 2.1 2.6 2.1 1.8 (22.3) 0.3 0.2 0.2 0.1 0.2 0.1 0.1 0.3 0.1 (0.1) 0.1 0.1 0.1 0.1 0.1
Net Income 50.6 53.1 50.3 47.3 47.5 44.0 46.2 43.8 39.7 40.6 46.5 35.4 29.1 28.3 27.7 26.6 25.4 21.8 27.8 21.1 0.2 23.8 22.7 26.3 18.7 20.7 19.2 16.2 13.3 14.4 23.5 10.3 9.1 2.9 8.5 7.2 21.9 5.9 5.0 3.5 4.8 5.4 4.1 3.3 3.0 25.9 3.2 1.7 (0.4) 0.0 1.3 0.9 (0.6) 1.2 1.7 (0.3) (0.3) (0.7) 0.5 1.1 1.0
Per Share Data
EPS (Basic) 1.42 1.48 1.40 1.30 1.30 1.20 1.26 1.19 1.08 1.10 1.27 0.96 0.79 0.75 0.72 0.69 0.65 0.56 0.71 0.54 0.01 0.61 0.58 0.67 0.48 0.53 0.49 0.41 0.34 0.37 0.60 0.26 0.24 0.07 0.22 0.19 0.60 0.17 0.14 0.10 0.14 0.16 0.12 0.10 0.09 0.77 0.10 0.05 -0.01 0.00 0.04 0.03 -0.02 0.04 0.07 -0.05 -0.05 -0.13 0.02 0.21 0.04
EPS (Diluted) 1.42 1.47 1.39 1.29 1.29 1.19 1.24 1.17 1.05 1.08 1.24 0.95 0.77 0.74 0.71 0.67 0.64 0.55 0.70 0.53 0.01 0.59 0.56 0.64 0.46 0.50 0.47 0.39 0.32 0.35 0.56 0.24 0.22 0.07 0.21 0.18 0.56 0.15 0.13 0.09 0.13 0.14 0.11 0.09 0.08 0.69 0.09 0.05 -0.01 0.00 0.04 0.02 -0.02 0.03 0.06 -0.01 -0.05 -0.13 0.02 0.21 0.04
Shares Outstanding 35.6 35.8 36.2 36.3 36.5 36.6 36.8 36.9 37.0 36.8 36.8 36.8 37.1 37.8 38.3 38.7 39.0 38.9 38.9 39.1 39.2 39.2 39.2 39.2 39.1 39.0 39.0 39.2 39.1 39.2 39.2 39.0 38.8 38.3 37.7 37.3 36.5 35.8 35.5 35.1 34.6 34.3 34.1 34.0 33.8 33.4 33.1 32.8 32.5 32.3 32.1 31.8 30.1 30.8 5.8 5.6 5.4 5.1 5.1 5.4 5.4
Metric 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4 2020 Q3 2020 Q2 2020 Q1 2019 Q4 2019 Q3 2019 Q2 2019 Q1 2018 Q4 2018 Q3 2018 Q2 2018 Q1 2017 Q4 2017 Q3 2017 Q2 2017 Q1 2016 Q4 2016 Q3 2016 Q2 2016 Q1
Current Assets
Cash & Cash Equivalents 279.5 250.3 225.3 194.0 290.7 232.2 235.4 281.2 273.8 203.7 208.7 186.1 193.9 173.7 193.9 121.0 166.3 137.3 145.7 97.3 108.8 74.1 93.0 113.9 147.6 87.6 75.6 91.4 93.1 41.0 98.0 86.8 93.2 86.6 90.5 130.6 109.7 86.7 98.3 118.2 112.5
Short-Term Investments 191.9 195.7 193.3 176.0 150.2 149.2 150.9 112.0 179.9 221.9 218.7 163.1 139.9 147.6 191.4 298.1 290.9 268.0 199.9 262.9 248.0 281.9 225.7 233.9 184.4 211.3 222.4 207.6 205.0 248.1 228.5 235.7 235.4 201.8 212.2 148.3 135.1 157.1 111.7 96.2 93.2
Net Receivables 134.9 171.0 128.4 128.7 121.6 164.6 115.0 109.6 115.6 146.2 103.4 124.9 101.8 121.8 98.7 97.7 89.3 109.0 84.3 86.0 85.2 100.2 64.3 75.9 72.7 78.0 61.3 63.2 67.9 75.8 58.6 52.5 49.9 64.4 46.4 46.4 41.6 47.0 41.9 40.4 42.4
Inventory 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Current Assets 50.4 40.7 0 44.3 39.5 39.7 35.3 31.3 36.1 28.2 31.3 34.0 29.2 30.2 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 14.0 0 0 0 16.5 18.3 19.1 9.0 9.8 9.1 0 0
Total Current Assets 656.6 657.6 596.7 543.0 601.9 585.7 536.6 534.1 605.4 600.0 562.2 508.2 464.7 473.3 522.7 551.7 573.2 546.4 452.9 468.2 464.1 475.3 405.5 448.1 425.1 395.6 379.8 381.6 382.5 379.0 401.7 390.9 393.9 369.4 367.4 344.3 295.5 300.7 261.0 262.4 255.6
Non-Current Assets
Property, Plant & Equipment 68.6 69.2 72.8 74.8 69.6 71.3 68.6 71.9 61.6 55.0 61.4 68.3 75.9 81.2 85.4 91.3 97.9 98.9 101.1 106.4 106.3 109.7 115.6 106.0 100.4 101.1 85.7 87.5 90.1 61.4 64.5 65.0 60.7 58.6 51.3 42.8 40.8 39.4 40.7 40.0 31.8
Goodwill 7.4 7.4 7.4 7.4 7.4 7.4 7.4 7.4 7.4 7.4 7.4 7.4 7.4 7.4 7.4 7.4 7.4 7.4 7.4 7.4 7.4 7.4 7.4 7.4 7.4 7.4 7.4 7.3 7.3 7.2 1.8 1.8 1.5 1.5 0.9 0.3 0.3 0.3 0.3 0.3 0.3
Intangible Assets 3.6 4.3 4.9 5.5 6.2 6.8 7.5 8.2 8.9 9.7 10.5 11.3 12.0 12.8 2.0 3.4 4.8 6.5 8.2 8.7 10.4 12.0 13.7 13.8 15.3 16.8 18.3 19.8 21.4 22.0 13.7 14.6 11.8 12.4 5.8 0.8 0.9 1.0 1.1 1.2 1.3
Long-Term Investments 259.2 252.1 245.0 251.2 199.0 193.9 186.7 162.1 89.7 56.6 33.6 38.8 44.6 59.2 71.0 80.1 82.4 111.2 136.1 110.9 101.5 98.5 133.3 97.5 102.8 119.5 101.0 111.5 98.8 79.2 66.6 66.7 65.4 67.2 40.4 45.0 63.7 45.7 64.9 46.5 34.6
Other Non-Current Assets 26.3 30.0 105.2 26.0 26.3 27.1 23.8 22.6 22.2 21.1 19.6 20.6 21.2 21.6 19.2 19.6 18.8 19.0 19.1 19.2 19.6 18.1 18.1 17.2 16.5 16.3 15.4 14.9 11.4 10.5 9.3 8.3 8.3 3.4 3.2 3.2 3.1 3.3 1.9 2.3 1.9
Total Non-Current Assets 438.0 437.5 435.3 456.5 394.5 387.8 371.7 342.5 256.4 212.6 189.7 201.4 211.0 227.6 224.9 237.3 241.4 268.2 303.3 269.1 265.9 261.5 301.6 258.9 259.4 280.0 246.1 264.0 253.6 206.7 184.3 180.0 171.7 168.2 133.9 127.7 146.1 106.3 124.1 106.4 87.1
Total Assets 1,094.6 1,095.1 1,032.0 999.5 996.5 973.5 908.3 876.6 861.8 812.6 751.9 709.6 675.8 700.9 747.6 789.0 814.5 814.6 756.2 737.3 729.9 736.8 707.1 707.0 684.5 675.6 625.9 645.6 636.1 585.7 586 570.9 565.6 537.5 501.3 471.9 441.5 407.0 385.0 368.9 342.7
Current Liabilities
Account Payables 2.3 1.2 1.8 2.0 1.3 1.3 1.4 1.3 0.6 1.0 1.2 2.2 1.7 2.8 1.3 2.1 2.5 1.3 1.1 1.6 1.2 0.7 2.2 1.4 0.7 0.8 0.9 1.0 0.6 5.6 4.7 1.0 1.3 1.1 1.4 1.9 4.3 2.1 1.5 5.9 4.4
Short-Term Debt 7.6 7.3 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Deferred Revenue 393.8 401.1 371.5 355.0 366.8 371.5 337.8 324.3 332.1 333.3 307.2 302.4 296.5 293.7 278.9 275.7 266.9 257.9 237.5 228.2 218.9 213.5 200.3 199.7 201.9 192.2 180.3 176.6 174.5 164.6 155.1 151.4 147.7 143.2 132.2 124.7 120.0 115.0 109.0 103.8 101.6
Other Current Liabilities 55.4 57.7 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0.5 0.7 6.8 0 0 0 0 0 0 0 0 0 0 0 0
Total Current Liabilities 459.2 467.3 431.8 416.8 432.0 428.4 388.5 371.8 391.1 389.2 370.5 369.1 353.0 352.2 334.0 327.4 318.5 304.3 284.7 272.7 259.7 255.7 239.1 235.1 234.2 223.5 213.7 208.7 208.2 196.9 183.0 179.9 171.1 165.8 148.2 140.5 137.7 130.3 126.8 126.5 117.5
Non-Current Liabilities
Long-Term Debt 0 45.0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Deferred Tax Liabilities 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Non-Current Liabilities 5.6 (39.6) 7.2 7.0 6.7 6.3 8.8 7.7 7.4 6.7 6.5 5.8 7.1 7.0 5.3 5.1 5.0 4.9 3.7 2.5 1.4 0.4 0.2 0.0 0.2 0.4 0.3 0.5 0.5 10.4 11.3 12.5 13.2 11.1 9.4 8.7 0.9 2.7 2.4 1.9 1.6
Total Non-Current Liabilities 65.6 66.6 70.8 74.5 66.4 68.0 70.2 77.0 66.5 55.2 58.5 63.4 55.0 59.6 58.4 64.8 69.4 73.6 68.5 71.6 73.1 76.6 67.7 64.1 63.5 65.3 51.2 53.3 54.5 30.8 28.8 25.8 28.1 28.2 25.4 25.4 19.3 18.3 16.8 15.0 14.7
Total Liabilities 524.8 533.9 502.6 491.3 498.4 496.4 458.7 448.8 457.6 444.4 428.9 432.6 407.9 411.8 392.4 392.2 387.9 377.8 353.2 344.3 332.8 332.3 306.8 299.2 297.8 288.8 264.9 262.0 262.7 227.7 211.9 205.7 199.3 194.0 173.7 165.9 157.1 148.6 143.6 141.4 132.2
Stockholders' Equity
Common Stock 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Retained Earnings (167.3) (166.7) (176.9) (179.7) (179.7) (189.2) (192.6) (195.6) (205.8) (228.1) (244.3) (255.3) (252.4) (221.4) (155.5) (96.3) (58.4) (41.7) (31.7) (31.3) (24.0) 3.6 10.4 21.1 17.1 23.2 13.3 36.7 34.5 28.0 45.8 45.8 50.6 39.9 37.2 29.2 22.0 (8.3) (14.2) (19.2) (22.7)
Accumulated Other Comprehensive Income (4.8) (4.0) (4.2) (4.1) 0.1 1.4 (0.3) (0.5) (1.0) (1.7) (0.9) (1.7) (1.6) (1.9) 0.0 (0.6) (0.7) 1.0 0.8 (0.3) 0.1 (0.5) 1.1 2.4 1.6 1.2 2.3 1.2 0.3 (0.6) (0.8) (0.8) (1.0) (0.6) (0.1) (0.2) (0.2) (0.2) 0.0 0.1 0.0
Total Stockholders' Equity 569.9 561.2 529.4 508.2 498.0 477.1 449.6 427.8 404.2 368.2 322.9 277.0 267.8 289.1 355.2 396.8 426.6 436.7 403.0 393.0 397.1 404.5 400.3 407.8 386.7 386.8 361.0 383.6 373.4 358.0 374.1 365.2 366.3 343.5 327.6 306.1 284.5 258.4 241.4 227.4 210.5
Total Liabilities & Equity 1,094.6 1,095.1 1,032.0 999.5 996.5 973.5 908.3 876.6 861.8 812.6 751.9 709.6 675.8 700.9 747.6 789.0 814.5 814.6 756.2 737.3 729.9 736.8 707.1 707.0 684.5 675.6 625.9 645.6 636.1 585.7 586 570.9 565.6 537.5 501.3 471.9 441.5 407.0 385.0 368.9 342.7
Debt Metrics
Total Debt 52.2 97.2 54.6 55.3 48.6 47.2 47.6 50.6 37.8 28.7 32.0 34.7 38.8 42.2 39.9 42.9 45.3 48.5 49.5 52.7 54.5 57.4 60.2 54.2 49.5 51.7 37.6 38.8 34.7 1.6 0 0 0 0 0 0 0 0 0 0 0
Net Debt (227.2) (153.0) (170.6) (138.6) (242.0) (185.0) (187.8) (230.6) (236.0) (174.9) (176.8) (151.4) (155.0) (131.5) (154.0) (78.1) (121.0) (88.8) (96.2) (44.6) (54.2) (16.8) (32.9) (59.7) (98.1) (35.9) (38.0) (52.6) (58.4) (39.5) (98.0) (86.8) (93.2) (86.6) (90.5) (130.6) (109.7) (86.7) (98.3) (118.2) (112.5)
Metric 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4 2020 Q3 2020 Q2 2020 Q1 2019 Q4 2019 Q3 2019 Q2 2019 Q1 2018 Q4 2018 Q3 2018 Q2 2018 Q1 2017 Q4 2017 Q3 2017 Q2 2017 Q1 2016 Q4 2016 Q3 2016 Q2 2016 Q1
Operating Activities
Net Income 50.6 53.1 50.3 47.3 47.5 44.0 46.2 43.8 39.7 40.6 46.5 35.4 29.1 28.3 27.7 26.6 25.4 21.8 27.8 21.1 0.2 23.8 22.7 26.3 18.7 20.7 19.2 16.2 13.3 14.4 23.5 10.3 9.1 2.9 8.5 7.2 21.9 5.9 5.0 3.5 4.8
Depreciation & Amortization 3.0 3.1 3.2 4.0 4.2 4.1 4.4 4.8 5.2 5.9 6.7 7.0 7.4 8.8 8.2 8.6 9.0 9.1 8.9 8.8 9.1 8.9 8.3 7.9 7.7 7.7 7.7 7.9 7.9 7.7 7.0 7.2 7.0 5.6 5.3 5.0 4.8 4.6 4.5 4.0 3.8
Stock-Based Compensation 19.3 0 19.4 18.0 18.8 20.7 20.3 17.1 19.0 18.5 18.5 16.0 16.0 15.6 13.3 12.8 11.7 11.4 9.5 8.6 38.2 10.1 10.5 9.4 10.0 9.7 8.4 8.3 8.4 7.4 6.8 7.0 8.9 8.4 7.7 6.4 4.3 5.0 5.1 5.3 4.7
Change in Working Capital 18.2 (2.4) 2.6 (31.0) 44.3 (15.8) (1.1) (10.2) 27.3 (24.2) 25.2 (1.4) 18.6 (4.0) (2.4) (9.0) 37.1 (10.4) 16.6 10.4 14.4 (3.3) 14.0 (14.1) 14.1 (4.2) 6.5 3.4 13.5 0.1 (0.5) (0.6) 17.7 1.3 8.2 (4.5) 15.1 2.6 5.4 3.8 7.7
Other Non-Cash Items 2.2 20.1 (0.5) (0.3) (0.9) (1.2) (1.6) (1.5) (1.7) (1.9) (2.0) (0.6) (0.1) (0.2) 0.2 0.6 0.9 1.7 1.1 1.1 1.1 0.9 0.3 0.2 0.1 (0.1) (0.3) (0.3) (0.5) (0.5) (0.4) (0.2) 0.0 0.4 (0.1) 0.7 8.8 (3.4) (0.8) (0.4) (2.8)
Operating Cash Flow 95.3 75.7 90.4 33.8 109.6 47.7 61.0 49.8 85.5 33.8 92.4 51.5 66.8 43.8 42.2 33.8 79.0 39.9 48.5 54.4 57.9 38.8 59.6 29.2 52.4 33.7 45.7 36.9 44.3 29.0 31.6 24.2 43.0 25.9 32.8 16.5 32.4 13.4 20.2 17.3 17.1
Investing Activities
Capital Expenditure (1.7) (0.7) (0.9) (1.3) (2.0) (5.8) (3.4) (1.0) (2.1) (1.5) (1.8) (1.4) (4.0) (11.5) (1.4) (3.5) (7.6) (4.5) (8.3) (6.7) (6.3) (7.3) (12.7) (4.3) (7.3) (8.1) (5.3) (5.5) (8.6) (5.6) (6.3) (7.3) (6.0) (11.2) (13.4) (8.6) (4.5) (4.4) (9.8) (4.7) (4.3)
Acquisitions 0 0 0 0 0 0 0 0 0 0 0 0 (23.7) 0 (115.3) 6.4 0 (0.1) 1.1 0 0 0 (1.5) 0 0 (2.2) 0 (1) (0.8) (10.3) 0 (3.4) 0 (6.7) (5.8) 0 0 0 0 (0.1) 0.1
Purchases of Investments (78.5) (73.8) (91.8) (128.0) (55.5) (62.3) (114.1) (130.5) (61.3) (54.4) (93.0) (113.4) (46.0) 0 (1.6) (95.4) (81.8) (113.4) (53.6) (85.8) (115.6) (101.2) (127.6) (77.3) (85.6) (71.8) (75.1) (118.6) (66.2) (97.8) (90.2) (82.1) (72.2) (101.0) (96.2) (42.5) (60.2) (42.8) (92.8) (37.9) (49.5)
Sales/Maturities of Investments 73.8 65.9 81.6 50.2 50.5 56.2 54.7 126.8 71.5 30.2 45.1 97.4 69.7 56.9 117.0 89.0 84.9 68.6 90.2 60.1 145.0 78.6 99.2 34.5 129.7 64.5 70.6 102.2 91.0 66.4 98.0 80.8 40.1 84.0 36.7 47.5 63.7 16 58.6 23.0 52.2
Other Investing Activities 0 0 0 0 0 0 0 0 0 0 0 0 23.7 (8.5) 115.3 (6.4) 0 0.8 (1.1) 0.0 0 0.4 0 0 0 0 (4.5) (16.4) 24.8 (31.4) 7.8 (3.4) (32.1) (17.1) (5.8) 5.1 3.5 (26.8) (34.2) 0.1 (0.1)
Investing Cash Flow (6.4) (8.6) (11.2) (79.1) (7.0) (11.9) (62.9) (4.7) 8.1 (25.7) (49.8) (17.4) 19.7 45.4 114.0 (9.9) (4.5) (48.7) 28.3 (32.3) 23.2 (29.5) (41.1) (47.2) 36.8 (17.7) (9.8) (22.9) 15.4 (47.3) 1.5 (12.0) (38.1) (35.0) (78.7) (3.5) (1.0) (31.2) (44.1) (19.6) (1.6)
Financing Activities
Net Debt Issuance 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (0.1) 0 (0.0) (0.0) (0.0) (0.0) (0.4) (0.4) (0.4) (0.4) (0.4) (0.4) (0.0) (0.7) 0 0 0 0 0 0 0 0
Stock Repurchased (53.5) (44.7) (49.2) (49.9) (39.7) (42.7) (44.2) (35.0) (18.0) (23.1) (38.9) (42.3) (66.6) (104.5) (95.0) (71.2) (46.6) (35.1) (31.7) (32.2) (31.0) (34.8) (37.7) (25.3) (28.9) (12.5) (49.8) (16.2) (7.9) (38.5) (27.2) (17.9) (1.5) (3.4) (2.4) (1.0) (14.1) (0.2) (0.2) 0 0
Dividends Paid 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (20.9) 0 0 0 0 0 0 0 0 0 0 0
Other Financing Activities (10.4) (4.8) (4.9) (1.5) (4.4) 3.6 0.2 (2.7) (6.9) 9.8 18.8 0.4 0.2 (3.4) 11.8 2.0 1.0 39.0 3.3 (1.2) (15.4) 6.6 (1.7) 9.6 (0.3) 8.9 (1.4) 0.9 0.7 (2.9) 5.6 (0.7) 7.9 5.2 5.8 8.0 (8.5) 6.3 4.0 8.0 5.2
Financing Cash Flow (59.7) (42.1) (47.9) (51.4) (44.1) (39.1) (43.9) (37.7) (25.0) (13.2) (20.1) (41.8) (66.3) (107.9) (83.3) (69.3) (45.6) 0.4 (28.3) (33.5) (46.4) (28.2) (39.4) (15.7) (29.2) (4.0) (51.6) (15.8) (7.6) (38.6) (21.9) (18.6) 1.7 5.2 5.8 8.0 (8.5) 6.3 4.0 8.0 5.2
Cash Position
Net Change in Cash 29.2 25.0 31.3 (96.7) 58.5 (3.2) (45.8) 7.4 68.6 (5.1) 22.6 (7.7) 20.1 (18.7) 72.9 (45.3) 29.0 (8.4) 48.5 (11.5) 34.6 (18.9) (20.9) (33.7) 60.0 11.9 (15.8) (1.7) 52.1 (56.9) 11.2 (6.4) 6.6 (3.9) (40.1) 20.9 22.9 (11.6) (19.9) 5.7 20.8
Cash at Beginning 251.5 226.5 195.2 291.9 233.4 236.6 282.4 275.0 206.4 211.4 188.8 196.6 176.4 195.1 122.2 167.5 138.5 146.9 98.5 110.0 75.3 94.2 115.1 148.8 88.8 76.8 92.6 94.3 42.2 99.2 88.0 94.4 87.8 90.5 130.6 109.7 86.7 98.3 118.2 112.5 91.7
Cash at End 280.7 250.3 226.5 195.2 291.9 233.4 236.6 282.4 275.0 206.4 211.4 188.8 196.6 176.4 195.1 122.2 167.5 138.5 146.9 98.5 110.0 75.3 94.2 115.1 148.8 88.8 76.8 92.6 94.3 42.2 99.2 88.0 94.4 86.6 90.5 130.6 109.7 86.7 98.3 118.2 112.5
Free Cash Flow 93.6 74.9 89.5 32.4 107.5 41.9 57.6 48.8 83.5 32.3 90.6 50.1 62.8 32.4 40.8 30.3 71.4 35.4 40.2 47.7 51.6 31.5 47.0 24.9 45.2 25.6 40.3 31.4 35.7 23.4 25.3 17.0 37.0 14.7 19.4 7.9 27.9 9.0 10.4 12.7 12.8
Key Metrics 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4 2020 Q3 2020 Q2 2020 Q1 2019 Q4 2019 Q3 2019 Q2 2019 Q1 2018 Q4 2018 Q3 2018 Q2 2018 Q1 2017 Q4 2017 Q3 2017 Q2 2017 Q1 2016 Q4 2016 Q3 2016 Q2 2016 Q1 2015 Q4 2015 Q3 2015 Q2 2015 Q1 2014 Q4 2014 Q3 2014 Q2 2014 Q1 2013 Q4 2013 Q3 2013 Q2 2013 Q1 2012 Q4 2012 Q3 2012 Q2 2012 Q1 2011 Q4 2011 Q3 2011 Q2 2011 Q1
Income Statement
Revenue 176.6 175.3 169.9 164.1 159.9 159.2 153.9 148.7 145.8 144.6 142.0 137.2 130.7 130.8 125.6 119.9 113.4 109.8 104.9 99.7 96.8 94.8 93.1 88.8 86.3 84.7 82.7 78.9 75.3 74.2 71.7 68.2 64.9 62.9 59.5 55.3 53.1 52.2 51.0 48.5 46.2 44.4 42.5 39.9 37.5 36.6 34.3 32.3 30.4 29.0 27.7 26.3 24.9 24.7 23.4 22.2 21.2 20.7 19.4 18.5 17.7
Gross Profit 147.4 146.1 142.1 135.2 131.0 130.2 125.0 122.3 118.6 117.4 115.3 110.5 103.7 103.1 99.6 94.8 89.4 86.1 82.5 78.2 75.1 73.6 72.5 69.9 67.8 67.5 65.6 61.4 57.6 56.7 55.1 51.9 49.0 48.5 46.8 43.1 40.8 40.5 39.7 38.4 36.8 35.4 33.7 31.7 29.5 29.1 26.9 25.1 23.5 22.5 21.3 20.4 19.1 19.7 18.7 17.6 17.0 16.5 16.1 15.5 14.8
Operating Income 62.9 58.8 60.0 51.4 51.8 49.4 45.0 48.1 44.8 41.5 43.6 42.8 35.2 30.7 33.3 33.0 33.5 29.0 32.0 29.4 (2.7) 24.4 26.3 25.5 20.4 19.5 22.5 16.1 14.1 12.9 18.1 10.9 8.4 9.7 10.8 9.0 7.7 8.8 8.0 5.7 7.6 7.7 6.9 5.3 4.9 4.2 3.5 1.8 (0.3) 0.2 1.5 0.9 (0.3) 1.6 1.7 (0.2) (0.1) (0.0) 1.0 1.1 0.8
Net Income 50.6 53.1 50.3 47.3 47.5 44.0 46.2 43.8 39.7 40.6 46.5 35.4 29.1 28.3 27.7 26.6 25.4 21.8 27.8 21.1 0.2 23.8 22.7 26.3 18.7 20.7 19.2 16.2 13.3 14.4 23.5 10.3 9.1 2.9 8.5 7.2 21.9 5.9 5.0 3.5 4.8 5.4 4.1 3.3 3.0 25.9 3.2 1.7 (0.4) 0.0 1.3 0.9 (0.6) 1.2 1.7 (0.3) (0.3) (0.7) 0.5 1.1 1.0
EPS (Diluted) 1.42 1.47 1.39 1.29 1.29 1.19 1.24 1.17 1.05 1.08 1.24 0.95 0.77 0.74 0.71 0.67 0.64 0.55 0.70 0.53 0.01 0.59 0.56 0.64 0.46 0.50 0.47 0.39 0.32 0.35 0.56 0.24 0.22 0.07 0.21 0.18 0.56 0.15 0.13 0.09 0.13 0.14 0.11 0.09 0.08 0.69 0.09 0.05 -0.01 0.00 0.04 0.02 -0.02 0.03 0.06 -0.01 -0.05 -0.13 0.02 0.21 0.04
Balance Sheet
Cash & Equivalents 279.5 250.3 225.3 194.0 290.7 232.2 235.4 281.2 273.8 203.7 208.7 186.1 193.9 173.7 193.9 121.0 166.3 137.3 145.7 97.3 108.8 74.1 93.0 113.9 147.6 87.6 75.6 91.4 93.1 41.0 98.0 86.8 93.2 86.6 90.5 130.6 109.7 86.7 98.3 118.2 112.5
Total Assets 1,094.6 1,095.1 1,032.0 999.5 996.5 973.5 908.3 876.6 861.8 812.6 751.9 709.6 675.8 700.9 747.6 789.0 814.5 814.6 756.2 737.3 729.9 736.8 707.1 707.0 684.5 675.6 625.9 645.6 636.1 585.7 586 570.9 565.6 537.5 501.3 471.9 441.5 407.0 385.0 368.9 342.7
Total Debt 52.2 97.2 54.6 55.3 48.6 47.2 47.6 50.6 37.8 28.7 32.0 34.7 38.8 42.2 39.9 42.9 45.3 48.5 49.5 52.7 54.5 57.4 60.2 54.2 49.5 51.7 37.6 38.8 34.7 1.6 0 0 0 0 0 0 0 0 0 0 0
Stockholders' Equity 569.9 561.2 529.4 508.2 498.0 477.1 449.6 427.8 404.2 368.2 322.9 277.0 267.8 289.1 355.2 396.8 426.6 436.7 403.0 393.0 397.1 404.5 400.3 407.8 386.7 386.8 361.0 383.6 373.4 358.0 374.1 365.2 366.3 343.5 327.6 306.1 284.5 258.4 241.4 227.4 210.5
Cash Flow
Operating Cash Flow 95.3 75.7 90.4 33.8 109.6 47.7 61.0 49.8 85.5 33.8 92.4 51.5 66.8 43.8 42.2 33.8 79.0 39.9 48.5 54.4 57.9 38.8 59.6 29.2 52.4 33.7 45.7 36.9 44.3 29.0 31.6 24.2 43.0 25.9 32.8 16.5 32.4 13.4 20.2 17.3 17.1
Capital Expenditure (1.7) (0.7) (0.9) (1.3) (2.0) (5.8) (3.4) (1.0) (2.1) (1.5) (1.8) (1.4) (4.0) (11.5) (1.4) (3.5) (7.6) (4.5) (8.3) (6.7) (6.3) (7.3) (12.7) (4.3) (7.3) (8.1) (5.3) (5.5) (8.6) (5.6) (6.3) (7.3) (6.0) (11.2) (13.4) (8.6) (4.5) (4.4) (9.8) (4.7) (4.3)
Free Cash Flow 93.6 74.9 89.5 32.4 107.5 41.9 57.6 48.8 83.5 32.3 90.6 50.1 62.8 32.4 40.8 30.3 71.4 35.4 40.2 47.7 51.6 31.5 47.0 24.9 45.2 25.6 40.3 31.4 35.7 23.4 25.3 17.0 37.0 14.7 19.4 7.9 27.9 9.0 10.4 12.7 12.8