QLYS Q4 2025

Q1 2026 Q4 2025 Q3 2025 Q2 2025

Earnings

Qualys closed out fiscal 2025 on a strong note, posting Q4 revenue of $175.28 million, a 10.1% year-over-year gain that edged past the $173.18 million consensus by 1.21%, while non-GAAP EPS of $1.87 cleared the $1.78 estimate by 4.91%. The headline n… Read more Qualys closed out fiscal 2025 on a strong note, posting Q4 revenue of $175.28 million, a 10.1% year-over-year gain that edged past the $173.18 million consensus by 1.21%, while non-GAAP EPS of $1.87 cleared the $1.78 estimate by 4.91%. The headline numbers were underpinned by meaningful margin expansion, with GAAP operating income climbing 19% to $58.84 million and operating margin widening to 34% from 31% a year ago, reflecting disciplined cost management and operating leverage. A 59% surge in quarterly operating cash flow to $75.70 million added further weight to the results, and analysts have noted that full-year free cash flow of $304.41 million significantly exceeded statutory net income of $198.32 million, suggesting stronger underlying earnings power than reported profits convey. Looking ahead, management guided full-year 2026 revenue of $717.00 million to $725.00 million, implying 7-8% growth, a modest step down from the current 10% pace that reflects cautious macro assumptions rather than any deterioration in the company's core cybersecurity demand trends.