Company: QLYS
Filing Date: 2025-08-05
Form Type: 10-Q
Source: 0001107843-25-000031
Chunk: 161

Company: QUALYS, INC.
Filing Date: 2025-08-05
Form: 10-Q
Item: Part I, Item 1
Chunk 161
---
317 

25

NOTE 12.                            Net Income Per Share

The computations for basic and diluted net income per share are as follows: Three Months EndedJune 30,Six Months EndedJune 30,2025202420252024(in thousands, except per share data)(in thousands, except per share data)Numerator:Net income$47,290 $43,772 $94,824 $83,503 Denominator:Basic weighted average shares36,253 36,915 36,359 36,935 Effect of potentially dilutive shares:Stock options172 364 191 418 Restricted stock units94 182 99 237 Employee stock purchase plan— 3 2 4 Diluted weighted average shares36,519 37,464 36,651 37,594 Net income per share:Basic$1.30 $1.19 $2.61 $2.26 Diluted$1.29 $1.17 $2.59 $2.22 Potentially dilutive shares not included in the calculation of diluted net income per share because doing so would be anti-dilutive are as follows:Three Months EndedJune 30,Six Months EndedJune 30,2025202420252024(in thousands)(in thousands)Stock options832577823451Restricted stock units1924520623Employee stock purchase plan24—12—Total anti-dilutive shares1,0486221,041474

26

Item 2.                                  Management's Discussion and Analysis of Financial Condition and Results of Operations

This Quarterly Report on Form 10-Q, including this Management’s Discussion and Analysis of Financial Condition and Results of Operations, should be read in conjunction with (1) our unaudited condensed consolidated financial statements and the related notes included elsewhere in this report, and (2) the audited consolidated financial statements and the related notes and section titled "Management’s Discussion and Analysis of Financial Condition and Results of Operations" included in our Annual Report on Form 10-K for the fiscal year ended December 31, 2024.

In addition to historical information, this Quarterly Report on Form 10-Q contains "forward-looking" statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, or the Exchange Act. Forward-looking statements generally relate to future events or our future financial or operating performance. In