Company: QLYS
Filing Date: 2025-11-04
Form Type: 10-Q
Source: 0001107843-25-000038
Chunk: 175

Company: QUALYS, INC.
Filing Date: 2025-11-04
Form: 10-Q
Item: Part I, Item 1
Chunk 175
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-based compensation and amortization of intangible assets)24,987 26,046 77,441 74,280 Research and development (exclusive of stock-based compensation and amortization of intangible assets)23,720 23,437 73,056 67,573 Sales and marketing (exclusive of stock-based compensation)31,790 29,037 93,977 83,220 General and administrative (exclusive of stock-based compensation)9,344 9,335 28,021 26,806 Add: Other segment items (1)(937)605 379 (1,381)Less: Stock-based compensation19,447 20,337 56,313 56,454 Less: Amortization of intangible assets639 721 1,918 2,264 Add: Interest income6,264 6,764 18,906 19,590 Less: Income tax provision14,936 6,111 37,232 26,277 Condensed consolidated net income$50,346 $46,212 $145,170 $129,715 (1)Other segment items included in segment net income includes interest expense, realized and unrealized gain/loss on foreign exchange transactions.Revenue by geographic area, based on the customer's billing address, is as follows:Three Months EndedSeptember 30,Nine Months EndedSeptember 30,2025202420252024(in thousands)(in thousands)United States$95,629 $89,238 $279,649 $262,614 Foreign74,253 64,629 214,194 185,766 Total revenues$169,882 $153,867 $493,843 $448,380 

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The measure of segment assets is reported on the balance sheet as total consolidated assets. Long-lived assets, which consist of Property and equipment, net and Operating leases - right of use asset, by geographic area, are as follows:September 30,2025December 31,2024(in thousands)United States$52,440 $47,916 India18,050 21,076 Rest of world2,261 2,325 Total long-lived assets$72,751 $71,317 

NOTE 12.                            Net Income Per Share

The computations for basic and diluted net income per share are as follows: Three Months EndedSeptember