Companies /Technology

Qualys Inc

NASDAQ: QLYS Software - Infrastructure
$188.37
â–² $11.70 (+6.62%) today
Markets open · 3:37pm ET

Q1 2026 Earnings

Reported May 5, 2026, 4:09pm ET · SEC source
$1.95
Beat +8.38%
EPS · est. $1.80
$175.6M
Beat +1.16%
Revenue · est. $173.6M
+20.7%
Beating market
QLYS vs S&P since report
5 quarters
Consecutive EPS beats

Market Reaction

% change · around the report
−6%−3%0+3%May 5May 6report 4:09pm ETearnings+1.4%+1.9%
−6%−3%0+3%May 5May 6earnings+1.4%+1.9%
QLYS +1.9%S&P 500 +1.4%
−6%−3%0+3%May 5May 6report 4:09pm ETearnings+2.0%+1.9%
−6%−3%0+3%May 5May 6earnings+2.0%+1.9%
QLYS +1.9%NASDAQ +2.0%
−4%0+4%May 4May 13report 4:09pm ETearnings+2.4%−3.9%
−4%0+4%May 4May 13earnings+2.4%−3.9%
QLYS −3.9%S&P 500 +2.4%
−4%0+4%May 4May 13report 4:09pm ETearnings+4.6%−3.9%
−4%0+4%May 4May 13earnings+4.6%−3.9%
QLYS −3.9%NASDAQ +4.6%
−1.41%
Day of report
+4.55%
Next session
−4.78%
One week
+21.43%
30 days

S&P 500 over the same 30 days: +0.73%.

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 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

“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.”

Qualys CEO, on the earnings call

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 · SEC filings Q1 2025 Q1 2026
$0$50.0M$100.0M$150.0M$159.9M$175.6MRevenue$131.0M$145.6MGross Profit$51.8M$60.9MOperating Income$47.5M$50.6MNet Income
$0$50.0M$100.0M$150.0MRevenueGross ProfitOperating IncomeNet Income

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