Company Analysis

Qualys, Inc. (QLYS)

Nasdaq: QLYS · Services-Prepackaged Software · Foster City, CA · filing with the SEC since 2002
Grade6.0
◀ Past 6.4● Present 7.2▶ Future 4.8

The grade of Qualys, Inc.

Nine metrics read from its own filings, by tense
Headline grade
6.0/10
◀ Past6.425% of the headline
● Present7.235% of the headline
▶ Future4.840% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

All nine metrics read as filed from the record.

◀ Past

What did they actually do?

6.4/1025% of the headline grade · 3 of 3 filed

Surviving crises

as filed
2.5/10

Has it survived what it has been through?

2 warning events since 2017; the latest 2019-06-18.

weight 22% of this tense · 25th percentile among 230 sector filers · read for itself

From the record

Qualys, Inc.'s filings since 2017 show 2 warning events: a notice about its exchange listing (8-K item 3.01, 2 times, the latest 2019-06-18) (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
6.9/10

What has it actually done, year after year?

+14.2% a year over 9 filed years; profitable in 9 of 9.

weight 45% of this tense · 69th percentile among 213 sector filers · read for its customers

From the record

Qualys, Inc.'s 9 filed years say what it did: revenue went from $231 million in fiscal 2017 to $669 million in fiscal 2025, up 14.2% a year; it rose in 8 of 8 years; it never fell from a peak; net income was positive in 9 of 9 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span14.2%bottom 38% of its family
  • the share of years revenue rosetop 27% of its family
  • the share of filed years with a profittop 7% of its family
  • the deepest fall from a revenue peak0.0%top 27% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

as filed
8.2/10

How has it treated the people who own it?

Share count shrank 2.5% a year. 62% of cash flow returned. Insiders: 161 sales, 0 purchases.

weight 33% of this tense · 82nd percentile among 152 sector filers · read for its shareholders

From the record

Over the 3 fiscal years to 2025-12-31, Qualys, Inc.'s diluted share count shrank about 2.5% a year, and dividends and buybacks returned about 62% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 161 sales (159 under scheduled 10b5-1 plans) and 0 purchases of their own stock on the open market in the year to 2026-11-06 (their Form 4 filings).

What it rests on

  • the share count over the yearstop 11% of its family
  • cash returned against operating cash flowtop 24% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

● Present

What are they doing right now?

7.2/1035% of the headline grade · 3 of 3 filed

Financial health

as filed
7.6/10

Is it financially healthy right now?

ROE 35%: 35¢ of profit per shareholder dollar. Leverage 49%: owes 49¢ per asset dollar.

weight 45% of this tense · 76th percentile among 217 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2025-12-31, Qualys, Inc. earned about 35 cents of profit for every dollar of shareholders' money, and gross profitability: its products earned about 51 cents per dollar of everything the company owns. Leverage: it owed about 49 cents per dollar of assets, and net share issuance: its share count shrank 2.4% over the year (the filed statements).

What it rests on

  • what it owes per dollar of assetsbottom 45% of its family
  • return on equitytop 9% of its family
  • gross profit against assetstop 21% of its family
  • the share count against the year beforetop 10% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed
6.6/10

How strong is its position in its industry?

top 34% of 218 in its family; net margin 29.6%.

weight 33% of this tense · 66th percentile among 218 sector filers · read for its customers

From the record

Qualys, Inc.'s standing among 218 graded names in its industry family: revenue of $669 million in fiscal 2025 ranks in the top 43% by size; a net margin of 29.6% ranks in the top 8%; revenue growth of 11% a year over the last 3 filed years ranks in the bottom 48% (its annual reports).

What it rests on

  • revenue against the family$669Mtop 43% of its family
  • net margin29.6%top 8% of its family
  • three-year revenue growth11.0%bottom 48% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

as filed
7.3/10

What are the people in charge doing?

top 27% of 139 in its family for leadership; chief executive since 2021.

weight 22% of this tense · 73rd percentile among 139 sector filers · read for its shareholders

From the record

Qualys, Inc.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Thakar, Sumedh S (CEO & PRESIDENT, as filed), filing under that title since 2021-04-29, 5.5 years (top 36% of its family); the 9 officers and directors filing in the last fifteen months have been on the record a median of 7.2 years (top 22%); 3 officer or director changes were reported on Form 8-K since 2023-11-13, against the 9 people in charge now (top 23%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

What it rests on

  • officer and director changes on Form 8-K, against the people in charge3 in three years among 9 peopletop 23% of its family
  • the median years the people in charge have filed7.2 yearstop 22% of its family
  • the chief executive's years on the record5.5 yearstop 36% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

▶ Future

What are they set up to do next?

4.8/1040% of the headline grade · 3 of 3 filed

Room to expand

as filed
7.3/10

How much room does it have to grow?

top 27% of 216 in its family for room to expand.

weight 22% of this tense · 73rd percentile among 216 sector filers · read for itself

From the record

Qualys, Inc.'s room to grow, from the newest filed statements (fiscal 2025): cash of $250 million against no long-term debt tagged leaves 22.9% of its assets as net cash, top 32% of its family; cash from operations less capital spending is 45.5% of revenue (top 2%); a gross margin of 82.8% (top 14%); research spending of 17.5% of revenue (bottom 40%) (its annual report).

What it rests on

  • cash less debt against assets22.9%top 32% of its family
  • cash from operations less capital spending against revenue45.5%top 2% of its family
  • gross margin82.8%top 14% of its family
  • research spending against revenue17.5%bottom 40% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed
3.8/10

What could actually drive growth from here?

bottom 38% of 213 in its family for growth drivers.

weight 45% of this tense · 38th percentile among 213 sector filers · read for its customers

From the record

Qualys, Inc.'s growth drivers, from the filed years to fiscal 2025: revenue grew 11% a year over the last three filed years against 14.2% over all 9, slowing (top 46% of its family); the newest year grew 10.1% (bottom 42%); research spending grew 5% a year (bottom 42%); capital spending grew -31.3% a year (bottom 15%) (its annual reports). Qualys, Inc. tags no split of its revenue by line in the annual report on file, so growth by line cannot be read here; research and capital spending are on the trend.

What it rests on

  • three-year growth against the whole span-3.3 points a yeartop 46% of its family
  • the newest year's revenue growth10.1%bottom 42% of its family
  • three-year growth of research spending5.0%bottom 42% of its family
  • three-year growth of capital spending-31.3%bottom 15% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed
4.5/10

Did its newest year beat what its own record pointed to?

bottom 45% of 194 in its family for expectations against reality.

weight 33% of this tense · 45th percentile among 194 sector filers · read for its shareholders

From the record

Qualys, Inc.'s newest year against its own record: revenue of $669 million in fiscal 2025 came in 1.1% below the $677 million its prior three years' pace pointed to (bottom 48% of its family); net income of $198 million against a prior three-year average of $144 million (bottom 48%); a net margin of 29.6% against 26% before (bottom 40%) (its annual reports).

What it rests on

  • revenue against the prior three years' pace-1.1%bottom 48% of its family
  • net income against the prior three years' average+37%bottom 48% of its family
  • net margin against its prior average+3.6 pointsbottom 40% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton QLYS · research, not advice