Qualys (QLYS) Q2 2026 Earnings
How Did QLYS Stock React to Q2 2026 Earnings?
S&P 500 over the same 30 days: +0.05%.
Did QLYS Beat Earnings? Q2 2026 Results
Yes. Qualys reported Q2 2026 earnings of $1.98 a share on Aug 4, 2026, beating the $1.78 consensus estimate by 10.9%. Revenue was $182.2M against a $178.7M estimate.
Qualys delivered a convincing second quarter, posting non-GAAP EPS of $1.98 against a consensus estimate of $1.78, a beat of 10.94% that extended the company's streak of exceeding analyst EPS expectations to four consecutive quarters. Revenue climbed 11.0% year-over-year to $182.18 million, edging past the $178.72 million consensus by 1.93%, as accelerating billings growth and strong partner execution drove the outperformance. Calculated current billings grew 16% year-over-year to $176.45 million, up sharply from 8% growth in the prior-year period, signaling healthy demand momentum heading into the back half of the fiscal year. Operating cash flow surged 77% year-over-year to $59.60 million, representing 33% of revenues. Management responded by lifting full-year 2026 revenue guidance to $732.00 million to $738.00 million and raising non-GAAP EPS guidance to $7.74 to $7.88, with third-quarter revenue expected in the $185.50 million to $187.50 million range, reflecting continued confidence in reaccelerating long-term growth.
- 11% year-over-year revenue growth
- Calculated current billings growth accelerated to 16% YoY from 8% in Q2 2025
- Operating cash flow increased 77% year-over-year
- GAAP operating margin expanded to 34% from 31% YoY
- Non-GAAP operating margin expanded to 45% from 43% YoY
“In Q2, we continued to execute well, demonstrated by another quarter of solid revenue growth and profitability.”
Qualys CEO, on the earnings call
What Is Qualys's Outlook?
Qualys raised full-year 2026 revenue guidance to $732.0–$738.0 million (9%–10% YoY growth), up from previous guidance of $721.0–$727.0 million. Full-year non-GAAP EPS guidance was raised to $7.74–$7.88 from $7.44–$7.65, and GAAP EPS guidance was raised to $5.76–$5.90 from $5.40–$5.61. For Q3 2026, management expects revenues of $185.5–$187.5 million (9%–10% YoY growth), GAAP EPS of $1.43–$1.50, and non-GAAP EPS of $1.91–$1.98, based on approximately 35.0 million weighted average diluted shares.
QLYS YoY Financials
| Metric | Q2 2026 | Q2 2025 | Year over year |
|---|---|---|---|
| Revenue | $182.2M | $164.1M | +11.0% |
| Gross Profit | $151.9M | $135.2M | +12.4% |
| Operating Income | $61.9M | $51.4M | +20.4% |
| Net Income | $52.4M | $47.3M | +10.8% |
When Does Qualys Report Next?
Figures from SEC filings and company reports. Not investment advice.