QLYS Q1 2026 Earnings
Reported May 5, 2026 at 4:09 PM ET · SEC Source
Q1 26 EPS
$1.95
BEAT +8.38%
Est. $1.80
Q1 26 Revenue
$175.6M
BEAT +1.16%
Est. $173.6M
vs S&P Since Q1 26
+24.7%
BEATING MARKET
QLYS +24.6% vs S&P 0.0%
Market Reaction
Did QLYS Beat Earnings? Q1 2026 Results
Qualys posted a strong first quarter for fiscal 2026, beating Wall Street estimates on both the top and bottom lines as its partner ecosystem and Enterprise TruRisk Management platform gained traction with customers. The cybersecurity company reporte… Read more Qualys posted a strong first quarter for fiscal 2026, beating Wall Street estimates on both the top and bottom lines as its partner ecosystem and Enterprise TruRisk Management platform gained traction with customers. The cybersecurity company reported non-GAAP earnings of $1.95 per diluted share, clearing the $1.80 consensus estimate by 8.38%, while revenue climbed 9.8% year over year to $175.64 million, edging past the $173.62 million forecast. The outperformance was fueled in large part by channel partner contributions and stronger international demand, with GAAP operating income rising 18% to $60.88 million and the operating margin expanding to 35% from 32% a year earlier. Analysts noted that flat net retention rates and longer sales cycles remain watchpoints, even as profitability metrics impressed. Management raised full-year 2026 revenue guidance to $721.00 million to $727.00 million and lifted non-GAAP EPS guidance to $7.44 to $7.65, signaling confidence in sustained momentum heading into the second quarter, where revenue is expected between $177.50 million and $179.50 million.
Key Takeaways
- • 10% year-over-year revenue growth driven by platform adoption
- • AI-native Risk Operations Center and Enterprise TruRisk Management adoption
- • Expanding partner ecosystem
- • GAAP operating margin expansion to 35% from 32% YoY
- • Calculated current billings grew 8% year-over-year
QLYS Forward Guidance & Outlook
For Q2 2026, Qualys expects revenues of $177.5 million to $179.5 million (8%-9% YoY growth), GAAP EPS of $1.24-$1.31, and non-GAAP EPS of $1.73-$1.80. For full year 2026, the company raised revenue guidance to $721.0-$727.0 million (up from $717.0-$725.0 million), representing 8%-9% growth over 2025. Full-year GAAP EPS guidance was raised to $5.40-$5.61 (from $5.20-$5.48) and non-GAAP EPS guidance to $7.44-$7.65 (from $7.17-$7.45). The full-year guidance assumes approximately 34.5 million weighted average diluted shares outstanding.
QLYS YoY Financials
Q1 2026 vs Q1 2025, source: SEC Filings
“We are pioneering a new category in pre-breach risk management by bringing autonomous exploit validation, risk quantification, and remediation together within a single AI-driven risk fabric that redefines how enterprises operationalize cyber risk.”
— Sumedh Thakar, Q1 2026 Earnings Press Release
QLYS Earnings Trends
QLYS vs Market 30 Day Price Reactions
30-day stock return vs benchmark after each earnings
QLYS EPS Trend
Earnings per share: estimate vs actual
QLYS Revenue Trend
Quarterly revenue: estimate vs actual
QLYS Quarterly Results
4 quarters of earnings data
| Quarter | EPS Est. | EPS Act. | Surprise | Revenue | Rev. Surprise |
|---|---|---|---|---|---|
| Q1 26 BEAT | $1.80 | $1.95 | +8.38% | $175.6M | +1.16% |
| Q4 25 BEAT FY | $1.78 | $1.87 | +4.91% | $175.3M | +1.21% |
| FY Full Year | — | $7.07 | — | $669.1M | — |
| Q3 25 BEAT | $1.56 | $1.86 | +19.17% | $169.9M | +2.15% |
| Q2 25 BEAT | $1.48 | $1.68 | +13.34% | $164.1M | +0.23% |