Qualys Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	653.03	607.57	554.46	489.72	411.17	362.96
Revenue Growth (YoY)	10.13%	9.58%	13.22%	19.10%	13.28%	12.86%
Cost of Revenue	114.64	111.48	107.49	102.79	89.44	79.23
Gross Profit	538.4	496.09	446.97	386.94	321.73	283.74
Selling, General & Admin	209.23	197.04	173.43	155.2	125.46	114.54
Research & Development	116.63	111.85	110.47	101.19	81.29	72.55
Operating Expenses	325.87	308.89	283.9	256.39	206.75	187.08
Operating Income	212.53	187.2	163.07	130.55	114.98	96.65
Interest Expense	-	-	-	-	-	-0.01
Interest & Investment Income	25.1	25.78	16.91	5.19	2.29	5.39
Currency Exchange Gain (Loss)	-1.45	-3.19	-0.7	-1.77	-0.3	0.26
Other Non Operating Income (Expenses)	0.06	0.03	-0.11	-0.27	-0.25	-0.28
EBT Excluding Unusual Items	236.23	209.82	179.17	133.7	116.72	102.01
Gain (Loss) on Sale of Investments	-	-	-0.52	-	-0.02	0.03
Other Unusual Items	-	-	-	-	-27.3	-
Pretax Income	236.23	209.82	178.65	133.7	89.4	102.04
Income Tax Expense	47.1	36.14	27.06	25.71	18.44	10.47
Net Income	189.14	173.68	151.6	107.99	70.96	91.57
Net Income to Common	189.14	173.68	151.6	107.99	70.96	91.57
Net Income Growth	11.05%	14.57%	40.38%	52.19%	-22.51%	32.07%
Shares Outstanding (Basic)	36	37	37	38	39	39
Shares Outstanding (Diluted)	37	37	38	39	40	41
Shares Change (YoY)	-2.33%	-0.66%	-4.43%	-1.93%	-1.53%	-1.32%
EPS (Basic)	5.21	4.72	4.11	2.81	1.82	2.34
EPS (Diluted)	5.16	4.65	4.03	2.74	1.77	2.25
EPS Growth	13.91%	15.38%	47.08%	54.80%	-21.33%	33.93%
Free Cash Flow	271.36	231.76	235.82	183.49	176.19	150.05
Free Cash Flow Per Share	7.40	6.21	6.27	4.66	4.39	3.68
Gross Margin	82.45%	81.65%	80.61%	79.01%	78.25%	78.17%
Operating Margin	32.55%	30.81%	29.41%	26.66%	27.96%	26.63%
Profit Margin	28.96%	28.59%	27.34%	22.05%	17.26%	25.23%
Free Cash Flow Margin	41.55%	38.15%	42.53%	37.47%	42.85%	41.34%
EBITDA	227.99	205.71	190.06	165.17	150.88	129.5
EBITDA Margin	34.91%	33.86%	34.28%	33.73%	36.70%	35.68%
D&A For EBITDA	15.46	18.51	26.99	34.62	35.9	32.85
EBIT	212.53	187.2	163.07	130.55	114.98	96.65
EBIT Margin	32.55%	30.81%	29.41%	26.66%	27.96%	26.63%
Effective Tax Rate	19.94%	17.22%	15.14%	19.23%	20.62%	10.26%
Advertising Expenses	-	2.9	3	3.3	2.1	1.6

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