Qualys Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	198.32	173.68	151.6	107.99	70.96
Depreciation & Amortization	14.49	18.51	26.99	34.62	35.9
Loss (Gain) From Sale of Assets	-	-	-	0.01	0.01
Asset Writedown & Restructuring Costs	-	-	-	-	0.63
Loss (Gain) From Sale of Investments	-3.44	-6.74	-5.18	0.83	3.87
Stock-Based Compensation	76.97	77.13	69.08	53.41	67.58
Provision & Write-off of Bad Debts	1.23	0.76	0.55	0.59	0.4
Other Operating Activities	8.41	-19.47	-16.64	-20.25	-9.72
Change in Accounts Receivable	-7.67	-19.09	-24.98	-13.39	-9.22
Change in Accounts Payable	0.03	0.22	-1.58	2.11	-0.03
Change in Unearned Revenue	21.69	30.78	47.72	25.19	46.59
Change in Other Net Operating Assets	-0.63	-11.71	-2.96	7.75	-6.34
Operating Cash Flow	309.4	244.09	244.61	198.85	200.62
Operating Cash Flow Growth	26.75%	-0.21%	23.01%	-0.88%	11.40%
Capital Expenditures	-4.99	-12.33	-8.79	-15.36	-24.42
Sale of Property, Plant & Equipment	-	-	-	-	0.01
Sale (Purchase) of Intangibles	-	-	-	-8.62	-1.23
Investment in Securities	-100.93	-59.09	-64.38	169.05	-4.51
Other Investing Activities	-	-	-	-	0.63
Investing Cash Flow	-105.92	-71.43	-73.17	145.07	-29.53
Long-Term Debt Repaid	-	-	-	-	-0.09
Net Debt Issued (Repaid)	-	-	-	-	-0.09
Issuance of Common Stock	23.05	24.14	51.65	28.93	49.99
Repurchase of Common Stock	-208.45	-169.79	-193.15	-334.96	-157.79
Financing Cash Flow	-185.4	-145.65	-141.49	-306.03	-107.89
Net Cash Flow	18.08	27.02	29.95	37.89	63.2
Free Cash Flow	304.41	231.76	235.82	183.49	176.19
Free Cash Flow Growth	31.35%	-1.72%	28.52%	4.14%	17.42%
Free Cash Flow Margin	45.49%	38.15%	42.53%	37.47%	42.85%
Free Cash Flow Per Share	8.35	6.21	6.27	4.66	4.39
Cash Income Tax Paid	-	60.55	34.92	39.74	35.08
Levered Free Cash Flow	259.13	211.8	205	182.2	202.81
Unlevered Free Cash Flow	259.13	211.8	205	182.2	202.81
Change in Working Capital	13.43	0.2	18.21	21.65	31

Source: S&P Global Market Intelligence. Standard template. Financial Sources.