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Qualys, Inc.. (QLYS) Stock Fundamental Analysis & AI Rating 2026

QLYS Nasdaq Services-Prepackaged Software DE CIK: 0001107843
Recently Updated • Analysis: Apr 14, 2026 • SEC Data: 2025-12-31
BUY
87% Conf
Pending
Analysis scheduled

📊 QLYS Key Takeaways

Revenue: $669.1M
Net Margin: 29.6%
Free Cash Flow: $304.4M
Current Ratio: 1.41x
Debt/Equity: 0.00x
EPS: $5.44
AI Rating: BUY with 87% confidence
Qualys, Inc.. (QLYS) receives a BUY rating with 87% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of $669.1M, net profit margin of 29.6%, and return on equity (ROE) of 35.3%, Qualys, Inc.. demonstrates strong fundamentals in the Technology sector. Below is our complete QLYS stock analysis for 2026.

Is Qualys, Inc.. (QLYS) a Good Investment?

Claude

Qualys demonstrates exceptional financial health with outstanding profitability (33% operating margin, 30% net margin) and a fortress balance sheet with zero debt. The company exhibits strong operating leverage with earnings and EPS growth (14.2% and 17.0% respectively) significantly outpacing revenue growth (10.1%), while generating $304M in annual free cash flow with a 45.5% FCF margin.

Why Buy Qualys, Inc.. Stock? QLYS Key Strengths

Claude
  • + Exceptional profitability: 82.8% gross margin, 33.2% operating margin, 29.6% net margin indicate pricing power and operational efficiency
  • + Outstanding cash generation: $304.4M free cash flow on $669M revenue with 45.5% FCF margin demonstrates capital-efficient SaaS model
  • + Fortress balance sheet: Zero long-term debt, $250.3M cash, 1.41x current ratio provides financial flexibility
  • + Operating leverage: Net income (+14.2%) and EPS (+17.0%) growing faster than revenue (+10.1%) shows margin expansion
  • + Capital-light model: Only $5M capex ($669M revenue) reflects efficient software delivery with minimal infrastructure needs
  • + Superior returns: 35.3% ROE and 18.1% ROA indicate excellent capital allocation and business quality

QLYS Stock Risks: Qualys, Inc.. Investment Risks

Claude
  • ! Moderate revenue growth at 10.1% YoY may limit market share expansion versus higher-growth SaaS peers
  • ! Intense cybersecurity market competition with threat of disruption from new entrants and technology shifts
  • ! Customer concentration risk in enterprise software segment; churn or retention degradation could impact recurring revenue base
  • ! Cyclical IT spending sensitivity; economic slowdown could pressure customer budgets and renewal rates
  • ! Potential margin pressure from competitive pricing or increased R&D investment required to maintain market position

Key Metrics to Watch

Claude
  • * Revenue growth acceleration/deceleration and year-over-year growth rate trends
  • * Customer retention and net revenue retention (NRR) rates to assess recurring revenue durability
  • * Operating margin sustainability and gross margin stability amid market competition
  • * Free cash flow margins and working capital efficiency
  • * Annual recurring revenue (ARR) growth and new customer acquisition metrics

Qualys, Inc.. (QLYS) Financial Metrics & Key Ratios

Revenue
$669.1M
Net Income
$198.3M
EPS (Diluted)
$5.44
Free Cash Flow
$304.4M
Total Assets
$1.1B
Cash Position
$250.3M

💡 AI Analyst Insight

The 45.5% free cash flow margin provides substantial flexibility for dividends, buybacks, and strategic investments.

QLYS Profit Margin, ROE & Profitability Analysis

Gross Margin 82.8%
Operating Margin 33.2%
Net Margin 29.6%
ROE 35.3%
ROA 18.1%
FCF Margin 45.5%

QLYS vs Technology Sector: How Qualys, Inc.. Compares

How Qualys, Inc.. compares to Technology sector averages

Net Margin
QLYS 29.6%
vs
Sector Avg 18.0%
QLYS Sector
ROE
QLYS 35.3%
vs
Sector Avg 22.0%
QLYS Sector
Current Ratio
QLYS 1.4x
vs
Sector Avg 2.5x
QLYS Sector
Debt/Equity
QLYS 0.0x
vs
Sector Avg 0.5x
QLYS Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Qualys, Inc.. Stock Overvalued? QLYS Valuation Analysis 2026

Based on fundamental analysis, Qualys, Inc.. appears fundamentally strong relative to the Technology sector in 2026.

Return on Equity
35.3%
Sector avg: 22%
Net Profit Margin
29.6%
Sector avg: 18%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.00x
Sector avg: 0.5x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Qualys, Inc.. Balance Sheet: QLYS Debt, Cash & Liquidity

Current Ratio
1.41x
Quick Ratio
1.41x
Debt/Equity
0.00x
Debt/Assets
48.8%
Interest Coverage
N/A
Long-term Debt
N/A

QLYS Revenue & Earnings Growth: 5-Year Financial Trend

QLYS 5-year financial data: Year 2021: Revenue $411.2M, Net Income $69.3M, EPS $1.68. Year 2022: Revenue $489.7M, Net Income $91.6M, EPS $2.25. Year 2023: Revenue $554.5M, Net Income $71.0M, EPS $1.77. Year 2024: Revenue $607.6M, Net Income $108.0M, EPS $2.74. Year 2025: Revenue $669.1M, Net Income $151.6M, EPS $4.03.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Qualys, Inc..'s revenue has grown significantly by 63% over the 5-year period, indicating strong business expansion. The most recent EPS of $4.03 reflects profitable operations.

QLYS Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
45.5%
Free cash flow / Revenue

QLYS Quarterly Earnings & Performance

Quarterly financial performance data for Qualys, Inc.. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q3 2025 $153.9M $39.7M $1.24
Q2 2025 $148.7M $39.7M $1.17
Q1 2025 $145.8M $39.7M $1.05
Q3 2024 $142.0M $29.1M $1.24
Q2 2024 $137.2M $29.1M $0.95
Q1 2024 $130.7M $29.1M $0.77
Q3 2023 $125.6M $25.4M $0.71
Q2 2023 $119.9M $25.4M $0.67

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Qualys, Inc.. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
$309.4M
Cash generated from operations
Stock Buybacks
$183.4M
Shares repurchased (TTM)
Capital Expenditures
$5.0M
Investment in assets
Dividends
None
No dividend program

QLYS SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Qualys, Inc.. (CIK: 0001107843)

📋 Recent SEC Filings

Date Form Document Action
Mar 16, 2026 4 xslF345X05/form4-03172026_120356.xml View →
Mar 6, 2026 4 xslF345X05/form4-03062026_100356.xml View →
Feb 24, 2026 4 xslF345X05/form4-02242026_090230.xml View →
Feb 20, 2026 10-K qlys-20251231.htm View →
Feb 6, 2026 4 xslF345X05/form4-02062026_100224.xml View →

Frequently Asked Questions about QLYS

What is the AI rating for QLYS?

Qualys, Inc.. (QLYS) has an AI rating of BUY with 87% confidence, based on fundamental analysis of SEC EDGAR filings.

What are QLYS's key strengths?

Claude: Exceptional profitability: 82.8% gross margin, 33.2% operating margin, 29.6% net margin indicate pricing power and operational efficiency. Outstanding cash generation: $304.4M free cash flow on $669M revenue with 45.5% FCF margin demonstrates capital-efficient SaaS model.

What are the risks of investing in QLYS?

Claude: Moderate revenue growth at 10.1% YoY may limit market share expansion versus higher-growth SaaS peers. Intense cybersecurity market competition with threat of disruption from new entrants and technology shifts.

What is QLYS's revenue and growth?

Qualys, Inc.. reported revenue of $669.1M.

Does QLYS pay dividends?

Qualys, Inc.. does not currently pay dividends.

Where can I find QLYS SEC filings?

Official SEC filings for Qualys, Inc.. (CIK: 0001107843) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is QLYS's EPS?

Qualys, Inc.. has a diluted EPS of $5.44.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Is QLYS a good stock to buy right now?

Based on our AI fundamental analysis in April 2026, Qualys, Inc.. has a BUY rating with 87% confidence. The AI analysis suggests favorable fundamentals based on SEC filings. This is not investment advice.

Is QLYS stock overvalued or undervalued?

Valuation metrics for QLYS: ROE of 35.3% (sector avg: 22%), net margin of 29.6% (sector avg: 18%). Higher ROE suggests strong returns relative to peers.

Should I buy QLYS stock in 2026?

Our dual AI analysis gives Qualys, Inc.. a combined BUY rating for 2026. Revenue is data pending, with profitability above sector average. Always conduct your own research.

What is QLYS's free cash flow?

Qualys, Inc..'s operating cash flow is $309.4M, with capital expenditures of $5.0M. FCF margin is 45.5%.

How does QLYS compare to other Technology stocks?

Vs Technology sector averages: Net margin 29.6% (avg: 18%), ROE 35.3% (avg: 22%), current ratio 1.41 (avg: 2.5).

Why is QLYS's return on equity (ROE) so high?

Qualys, Inc.. has a return on equity of 35.3%, significantly above the Technology sector average of 22%. A high ROE indicates the company is efficient at generating profits from shareholder equity. This is supported by a 29.6% net margin.

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Apr 14, 2026 | Data as of: 2025-12-31 | Powered by Claude AI