Qualys Income 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
Revenue	669.13	607.57	554.46	489.72	411.17
Revenue Growth (YoY)	10.13%	9.58%	13.22%	19.10%	13.28%
Cost of Revenue	114.77	111.48	107.49	102.79	89.44
Gross Profit	554.36	496.09	446.97	386.94	321.73
Selling, General & Admin	215.12	197.04	173.43	155.2	125.46
Research & Development	117.28	111.85	110.47	101.19	81.29
Operating Expenses	332.41	308.89	283.9	256.39	206.75
Operating Income	221.95	187.2	163.07	130.55	114.98
Interest & Investment Income	25.25	25.78	16.91	5.19	2.29
Currency Exchange Gain (Loss)	-	-3.19	-0.7	-1.77	-0.3
Other Non Operating Income (Expenses)	-0.38	0.03	-0.11	-0.27	-0.25
EBT Excluding Unusual Items	246.83	209.82	179.17	133.7	116.72
Gain (Loss) on Sale of Investments	-	-	-0.52	-	-0.02
Other Unusual Items	-	-	-	-	-27.3
Pretax Income	246.83	209.82	178.65	133.7	89.4
Income Tax Expense	48.51	36.14	27.06	25.71	18.44
Net Income	198.32	173.68	151.6	107.99	70.96
Net Income to Common	198.32	173.68	151.6	107.99	70.96
Net Income Growth	14.19%	14.57%	40.38%	52.19%	-22.51%
Shares Outstanding (Basic)	36	37	37	38	39
Shares Outstanding (Diluted)	36	37	38	39	40
Shares Change (YoY)	-2.41%	-0.66%	-4.43%	-1.93%	-1.53%
EPS (Basic)	5.49	4.72	4.11	2.81	1.82
EPS (Diluted)	5.44	4.65	4.03	2.74	1.77
EPS Growth	16.99%	15.38%	47.08%	54.80%	-21.33%
Free Cash Flow	304.41	231.76	235.82	183.49	176.19
Free Cash Flow Per Share	8.35	6.21	6.27	4.66	4.39
Gross Margin	82.85%	81.65%	80.61%	79.01%	78.25%
Operating Margin	33.17%	30.81%	29.41%	26.66%	27.96%
Profit Margin	29.64%	28.59%	27.34%	22.05%	17.26%
Free Cash Flow Margin	45.49%	38.15%	42.53%	37.47%	42.85%
EBITDA	236.44	205.71	190.06	165.17	150.88
EBITDA Margin	35.34%	33.86%	34.28%	33.73%	36.70%
D&A For EBITDA	14.49	18.51	26.99	34.62	35.9
EBIT	221.95	187.2	163.07	130.55	114.98
EBIT Margin	33.17%	30.81%	29.41%	26.66%	27.96%
Effective Tax Rate	19.65%	17.22%	15.14%	19.23%	20.62%
Advertising Expenses	-	2.9	3	3.3	2.1

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