Qualys Profitability Analysis

QLYS Stock  USD 85.15  0.81  0.96%   
Based on Qualys' financial statements, Qualys Inc maintains a strong margin profile with a net profit margin of 31.0% and an operating margin of 35.0%, producing net income of 198.32 Million. Return on equity is 37.0%. Profitability trends are broadly favorable, with a majority of key metrics improving year over year.
 
Net Income  
 First Reported
2010-03-31
 Previous Quarter
50.3 M
 Current Value
53.1 M
 Quarterly Volatility
16.5 M
Macro event markers
 
Credit Downgrade
 
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Interest Hikes
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin0.880.8285
Notably Up
Stable
Net Profit Margin0.310.2964
Sufficiently Up
Consistent Growth
Operating Profit Margin0.350.3317
Notably Up
Consistent Growth
Pretax Profit Margin0.390.3689
Notably Up
Consistent Growth
Return On Assets0.190.1811
Sufficiently Up
Consistent Growth
At current margin levels, Qualys ranks among the more profitable operators in its category, with margins that suggest durable competitive advantages. Gross margin of 88.0% narrows sharply to a net margin of 31.0%, indicating that overhead, financing, or non-operating costs consume a large share of gross profit. Return on equity of 37.0% alongside return on assets of 19.0% reflects how efficiently Qualys' capital and asset base are converting into earnings. Figures reflect Qualys' last reported annual data.
  
Qualys has a market cap of 2.98 B, an operating margin of 33.57% on a trailing twelve-month basis, compared to 35.0% in the last reported annual period, current ratio of 1.57. Sector and industry overlap across positions affects concentration risk. Broader economic conditions can influence Qualys Inc's company valuation - related indicators include signals in world development indicators.
Analyst consensus on Qualys' EPS captures the range of professional forecasts and their trajectory over time. An operating margin of 35.0% frames the cost structure behind Qualys' reported EPS. The EPS estimates for Qualys Inc are based on earnings before non-recurring charges and credits. Stock-based compensation costs may be factored into the consensus figures.
Macro event markers
 
Yuan Drop
 
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Interest Hikes
As of 31st of March 2026, Qualys EPS is estimated at 1.8. Consensus EPS estimates for Qualys Inc are commonly based on EPS before non-recurring items. Qualys's EPS figure reflects both top-line momentum and cost discipline across reporting periods. The estimate series is most useful when viewed alongside actual earnings and the direction of revisions.
 Quarterly Earnings Growth
23.6%
 Earnings Share
5.44
 Revenue Per Share
18.514
 Quarterly Revenue Growth
10.1%
 Return On Assets
19.0%
Book value captures Qualys accounting equity, while market value captures the collective view of participants. Qualys' market capitalization is 2.98 B. Qualys P/B of 5.3 reflects a market valuation far exceeding accounting equity. Enterprise value (TTM) stands at 2.58 B. Intrinsic value provides a third perspective, grounded in fundamentals rather than accounting convention or market sentiment.
Understanding Qualys involves recognizing that value and price can reflect different time horizons. For Qualys, key inputs include a P/E ratio of 46.56, a P/B ratio of 5.3, a profit margin of 31.0%, and ROE of 37.0%.

Qualys Inc Return On Asset vs. Return On Equity Fundamental Analysis

Return On Equity stood at 37.00% as of December 31, 2025. Related reported metric: Return On Asset at 19.00% as of December 31, 2025.

Qualys Return On Asset vs. Return On Equity

Qualys's Return on Equity of 37.0% is notably elevated. While this may reflect strong operational execution, an ROE at this level often involves financial leverage amplifying the return beyond what operations alone produce. The sustainability of this figure depends on whether the underlying debt structure remains manageable.

Qualys

Return On Equity

 = 

Net Income

Total Equity

 = 
0.37
Qualys's Return on Assets of 19.0% reflects strong asset efficiency — each dollar of deployed capital produces meaningful income. This level typically characterizes asset-light models or businesses with significant pricing power that convert their balance sheet into earnings effectively.

Qualys

Return On Asset

 = 

Net Income

Total Assets

 = 
0.19
Qualys's ROE and ROA are relatively close, indicating limited financial leverage. Equity returns are driven primarily by operational performance rather than capital structure.

Qualys Return On Asset Comparison

Qualys is currently under evaluation in return on asset relative to competitors.

Qualys Profitability Projections

Profitability trends for Qualys deserve careful review, as they reveal whether cost structure and revenue efficiency are improving or deteriorating. The rate of change in Qualys' margins matters more than the absolute level, because it signals whether operating leverage is working. Qualys currently maintains a profit margin of 31.0%.
Last ReportedEnd Of Year Estimate
Accumulated Other Comprehensive Income-4 M-3.8 M
Operating Income222 M233 M
Income Before Tax246.8 M259.2 M
Total Other Income Expense Net24.9 M26.1 M
Net Income198.3 M208.2 M
Income Tax Expense48.5 M50.9 M
Net Income Applicable To Common Shares124.2 M130.4 M
Net Income From Continuing Ops198.3 M208.2 M
Non Operating Income Net Other3.6 M2.5 M
Interest Income25.3 M26.5 M
Net Interest Income25.3 M26.5 M
Change To Netincome38.8 M24.8 M
Net Income Per Share 5.49 5.76
Income Quality 1.56 1.48
Net Income Per E B T 0.80 1.12

Qualys Profitability Driver Comparison

The profitability drivers of Qualys isolate which financial relationships have the most influence on margin behavior. External variables including input cost shifts, regulatory changes, and demand cycles introduce volatility into Qualys' margin structure.

Qualys Profitability Trends

Qualys profitability trend tracks the direction of gross, operating, and net profit over time. The direction of Qualys' profitability trends reveals whether margin structure is tightening or loosening over time.

Qualys Profitability Drivers Correlations

Correlation analysis of Qualys' revenue and profit indicators shows which financial drivers move together and which diverge. Low correlation between gross profit and operating expenses at Qualys indicates that overhead costs move independently of sales volume.
Overall, Qualys combines a strong margin structure with improving profitability trends, suggesting the business is extending its earnings capacity rather than simply maintaining existing levels.

Estimated Months Earnings per Share

This chart shows the estimate series used for upcoming reporting periods.

Detailed Analysis of Earnings Estimates

Latest Earning Estimates and Surprises

The table below lists reported EPS, estimated EPS, and the reported surprise for each available quarter.

Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2026-02-05
2025-12-311.781.870.09
2025-11-04
2025-09-301.561.860.319 
2025-08-05
2025-06-301.481.680.213 
2025-05-06
2025-03-311.471.670.213 
2025-02-06
2024-12-311.371.60.2316 
2024-11-05
2024-09-301.341.560.2216 
2024-08-06
2024-06-301.321.520.215