Company: QLYS
Filing Date: 2025-11-04
Form Type: 10-Q
Source: 0001107843-25-000038
Chunk: 148

Company: QUALYS, INC.
Filing Date: 2025-11-04
Form: 10-Q
Item: Part I, Item 1
Chunk 148
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Accumulated other comprehensive income (loss)(4,210)1,417 Accumulated deficit(176,873)(189,217)Total stockholders’ equity529,403 477,116 Total liabilities and stockholders’ equity$1,031,989 $973,537 

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 OPERATIONS

(unaudited)

(in thousands, except per share data)

Three Months EndedSeptember 30,Nine Months EndedSeptember 30,2025202420252024Revenues$169,882 $153,867 $493,843 $448,380 Cost of revenues27,798 28,832 85,601 82,445 Gross profit142,084 125,035 408,242 365,935 Operating expenses:Research and development28,927 28,901 88,330 83,550 Sales and marketing35,280 32,686 103,750 94,240 General and administrative17,922 18,494 53,045 50,362 Total operating expenses82,129 80,081 245,125 228,152 Income from operations59,955 44,954 163,117 137,783 Other income (expense), net:Interest income6,264 6,764 18,906 19,590 Other income (expense), net(937)605 379 (1,381)Total other income, net5,327 7,369 19,285 18,209 Income before income taxes65,282 52,323 182,402 155,992 Income tax provision14,936 6,111 37,232 26,277 Net income$50,346 $46,212 $145,170 $129,715 Net income per share:Basic$1.40 $1.26 $4.00 $3.52 Diluted$1.39 $1.24 $3.97 $3.46 Weighted average shares used in computing net income per share:Basic36,03736,76236,25036,877Diluted36,29337,13636,53037,441

The accompanying notes are