Company: QLYS
Filing Date: 2025-11-04
Form Type: 10-Q
Source: 0001107843-25-000038
Chunk: 217

Company: QUALYS, INC.
Filing Date: 2025-11-04
Form: 10-Q
Item: Part I, Item 8
Chunk 217
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50,346 $46,212 $145,170 $129,715 Denominator:Basic weighted average shares36,037 36,762 36,250 36,877 Effect of potentially dilutive shares:Stock options144 279 175 372 Restricted stock units109 91 102 188 Employee stock purchase plan3 4 3 4 Diluted weighted average shares36,293 37,136 36,530 37,441 Net income per share:Basic$1.40 $1.26 $4.00 $3.52 Diluted$1.39 $1.24 $3.97 $3.46 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 EndedSeptember 30,Nine Months EndedSeptember 30,2025202420252024(in thousands)(in thousands)Stock options758854801585Restricted stock units35311149119Employee stock purchase plan4—10—Total anti-dilutive shares7971,165960704

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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 some cases, it is possible to identify forward-looking statements because they contain words such as "anticipates," "believes," "contemplates," "continue," "could," "would," "estimates," "expects," "future," "intends," "likely," "may," "plans," "potential," "predicts," "projects," "forecasts," "