QLYS Q3 2025 Earnings
Reported Nov 4, 2025 at 4:10 PM ET · SEC Source
Q3 25 EPS
$1.86
BEAT +19.17%
Est. $1.56
Q3 25 Revenue
$169.9M
BEAT +2.15%
Est. $166.3M
vs S&P Since Q3 25
-23.1%
TRAILING MARKET
QLYS -14.8% vs S&P +8.3%
Market Reaction
Did QLYS Beat Earnings? Q3 2025 Results
Qualys posted a strong third quarter for fiscal 2025, beating Wall Street expectations on both the top and bottom lines as disciplined cost management amplified the benefits of steady demand for its cloud security platform. The company reported non-G… Read more Qualys posted a strong third quarter for fiscal 2025, beating Wall Street expectations on both the top and bottom lines as disciplined cost management amplified the benefits of steady demand for its cloud security platform. The company reported non-GAAP EPS of $1.86, clearing the $1.56 consensus estimate by 19.17%, while revenue climbed 10.4% year over year to $169.88 million, edging past the $166.30 consensus by 2.15%. The outperformance was underpinned by meaningful margin expansion, with GAAP operating margin widening to 35% from 29% a year ago and non-GAAP operating margin reaching 47% versus 43%, reflecting tighter expense discipline even as the company invested in growth initiatives including early Risk Operations Center deployments and FedRAMP High Authorization for its GovCloud Platform. Operating cash flow surged 48% to $90.40 million. Encouraged by the momentum, management raised its full-year 2025 revenue guidance to $665.80 to $667.80 million and lifted non-GAAP EPS guidance to $6.93 to $7.00, while guiding Q4 revenue to $172.00 to $174.00 million.
Key Takeaways
- • 10% year-over-year revenue growth
- • GAAP operating margin expansion to 35% from 29% YoY
- • Non-GAAP operating margin expansion to 47% from 43% YoY
- • Operating cash flow increased 48% YoY to $90.4 million
- • Calculated current billings growth of 11% YoY
- • Adjusted EBITDA margin expansion to 49% from 45% YoY
QLYS YoY Financials
Q3 2025 vs Q3 2024, source: SEC Filings
“In Q3, we continued to execute well, demonstrated by another quarter of solid revenue growth and profitability. Qualys' continuous innovation, early Risk Operations Center deployments, strategic wins with major federal and state agencies, momentum in partner-led initiatives, and the initial adoption of our flexible platform pricing model collectively underscore Qualys' strength in unifying risk management workflows, reducing operational complexity for customers, and addressing today's toughest security challenges. We believe these achievements not only validate our ongoing investments but also position Qualys as a trusted leader in pre-breach cyber risk management, setting the stage for durable growth and long-term success.”
— Sumedh Thakar, Q3 2025 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% |