Company: QLYS
Filing Date: 2025-05-06
Form Type: 10-Q
Source: 0001107843-25-000017
Chunk: 139

Company: QUALYS, INC.
Filing Date: 2025-05-06
Form: 10-Q
Item: Part I, Item 1
Chunk 139
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ulated other comprehensive income136 1,417 Accumulated deficit(179,668)(189,217)Total stockholders’ equity498,035 477,116 Total liabilities and stockholders’ equity$996,471 $973,537 

The accompanying notes are an integral part of these Condensed Consolidated Financial Statements. 

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Qualys, Inc.

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

(unaudited)

(in thousands, except per share data)

Three Months EndedMarch 31,20252024Revenues$159,899 $145,805 Cost of revenues28,926 27,198 Gross profit130,973 118,607 Operating expenses:Research and development29,154 27,530 Sales and marketing32,660 29,408 General and administrative17,404 16,908 Total operating expenses79,218 73,846 Income from operations51,755 44,761 Other income (expense), net:Interest income6,235 6,123 Other income (expense), net317 (1,399)Total other income, net6,552 4,724 Income before income taxes58,307 49,485 Income tax provision10,773 9,754 Net income$47,534 $39,731 Net income per share:Basic$1.30 $1.08 Diluted$1.29 $1.05 Weighted average shares used in computing net income per share:Basic36,46636,955Diluted36,78437,723

The accompanying notes are an integral part of these Condensed Consolidated Financial Statements.

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Table of Contents

Qualys, Inc.

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME

(unaudited)

(in thousands)

Three Months EndedMarch 31,20252024Net income$47,534 $39,731 Other comprehensive income (loss), net of taxNet change in unrealized gains (losses) on available-for-sale debt securities, net of tax296 (407)Net change in unrealized gains (losses) on cash flow hedges, net of tax(1,577)1,104 Other comprehensive income (loss), net of tax(1,281)697 Comprehensive income$46,253 $40,428 

The accompanying notes