Companies /Technology

Qualys Inc

NASDAQ: QLYS Software - Infrastructure
$188.90
â–² $12.23 (+6.92%) today
Markets open · 1:48pm ET

Q2 2026 Earnings

Reported Aug 4, 2026, 4:09pm ET · SEC source
$1.98
Beat +10.94%
EPS · est. $1.78
$182.2M
Beat +1.93%
Revenue · est. $178.7M
5 quarters
Consecutive EPS beats

Market Reaction

% change · around the report
−7%0+7%+14%Aug 4Aug 5report 4:09pm ETearnings−0.1%+5.2%
−7%0+7%+14%Aug 4Aug 5earnings−0.1%+5.2%
QLYS +5.2%S&P 500 −0.1%
−7%0+7%+14%Aug 4Aug 5report 4:09pm ETearnings−1.1%+5.2%
−7%0+7%+14%Aug 4Aug 5earnings−1.1%+5.2%
QLYS +5.2%NASDAQ −1.1%
−12%−6%0+6%Aug 3Aug 12report 4:09pm ETearnings+0.0%+4.0%
−12%−6%0+6%Aug 3Aug 12earnings+0.0%+4.0%
QLYS +4.0%S&P 500 +0.0%
−12%−6%0+6%Aug 3Aug 12report 4:09pm ETearnings+0.2%+4.0%
−12%−6%0+6%Aug 3Aug 12earnings+0.2%+4.0%
QLYS +4.0%NASDAQ +0.2%
+13.78%
Day of report
−0.80%
Next session
+2.13%
One week

Did QLYS Beat Earnings? Q2 2026 Results

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.

Key Takeaways
  • 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

Forward Guidance & 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

Q2 2026 vs Q2 2025 · SEC filings Q2 2025 Q2 2026
$0$60.0M$120.0M$180.0M$164.1M$182.2MRevenue$135.2M$151.9MGross Profit$51.4M$61.9MOperating Income$47.3M$52.4MNet Income
$0$60.0M$120.0M$180.0MRevenueGross ProfitOperating IncomeNet Income

Figures from SEC filings and company reports. Not investment advice.