QLYS on Nasdaq

Qualys

Logo: Qualys, Public domain, via Wikimedia Commons4

American web security company

Qualys, Inc. is an American technology firm based in Foster City, California, specializing in cloud security, compliance and related services.3 From Wikipedia, CC BY-SA 4.0

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Last updated Oct 18, 2026.

Overview

1999Founded1

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  • TickerQLYS on Nasdaq1
  • Industrycomputer security1
  • HeadquartersFoster City1
  • Websitewww.qualys.com
  • Legal formDelaware corporation1
  • Incorporated inDE5
  • Business address919 E. Hillsdale Blvd., Foster City, Ca 944045
  • Filer categoryLarge accelerated filer5

Qualys, Inc. is an American technology firm based in Foster City, California, specializing in cloud security, compliance and related services.3

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

82.8%Gross margin7
33.2%Operating margin7
29.6%Net margin7
10.1%Revenue growth, 20257
35.3%Return on equity7
$304.4MFree cash flow7

What sells

Revenue by product, business segment and region, as the company reports it to the SEC.

Regions

United States brought in 56% of the revenue Qualys broke down this way in fiscal 2025.

  1. United States$377.5M756%up 6% from 2024
  2. Outside the United States$291.7M744%up 15% from 2024
Regions by year
Regions202320242025
United States$332.3M$354.6M$377.5M
Outside the United States$222.1M$253.0M$291.7M

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Cost of revenue17¢$114.8M
  • Research and development18¢$117.3M
  • Other costs28¢$190.2M
  • Income tax7¢$48.5M
  • Profit30¢$198.3M

Out of $669.1M in revenue.7

Where each dollar of operating cash went, fiscal 2025

  • Capital spending2¢$5.0M
  • Share buybacks59¢$183.4M
  • Kept or used elsewhere39¢$121.0M

Out of $309.4M of cash from operations.7

Financial statements

Revenue8910117$669.1M in 2025+108% since 2019
0$200.0M$400.0M$600.0M$800.0M2019: $321.6M$321.6M20192020: $363.0M$363.0M2020+13%2021: $411.2M$411.2M2021+13%2022: $489.7M$489.7M2022+19%2023: $554.5M$554.5M2023+13%2024: $607.6M$607.6M2024+10%2025: $669.1M$669.1M2025+10%
Gross profit8910117$554.4M in 2025+120% since 2019
0$200.0M$400.0M$600.0M2019: $252.1M$252.1M20192020: $283.7M$283.7M2020+13%2021: $321.7M$321.7M2021+13%2022: $386.9M$386.9M2022+20%2023: $447.0M$447.0M2023+16%2024: $496.1M$496.1M2024+11%2025: $554.4M$554.4M2025+12%
Operating income8910117$222.0M in 2025+207% since 2019
0$100.0M$200.0M$300.0M2019: $72.3M$72.3M20192020: $96.7M$96.7M2020+34%2021: $87.7M$87.7M2021−9%2022: $130.5M$130.5M2022+49%2023: $163.1M$163.1M2023+25%2024: $187.2M$187.2M2024+15%2025: $222.0M$222.0M2025+19%
Net income8910117$198.3M in 2025+186% since 2019
0$50.0M$100.0M$150.0M$200.0M2019: $69.3M$69.3M20192020: $91.6M$91.6M2020+32%2021: $71.0M$71.0M2021−23%2022: $108.0M$108.0M2022+52%2023: $151.6M$151.6M2023+40%2024: $173.7M$173.7M2024+15%2025: $198.3M$198.3M2025+14%

Every line of the income statement as filed: the last 3 fiscal years, latest first.7

Period ending2025-12-312024-12-312023-12-31
Revenues$669.1M$607.6M$554.5M
Cost of revenues$114.8M$111.5M$107.5M
Gross profit$554.4M$496.1M$447.0M
Research and development$117.3M$111.9M$110.5M
Sales and marketing$143.5M$128.3M$111.7M
General and administrative$71.6M$68.7M$61.7M
Total operating expenses$332.4M$308.9M$283.9M
Income from operations$222.0M$187.2M$163.1M
Interest income$25.3M$25.8M$16.9M
Other expense, net-$375.0K-$3.2M-$1.3M
Total other income, net$24.9M$22.6M$15.6M
Income before income taxes$246.8M$209.8M$178.7M
Income tax provision$48.5M$36.1M$27.1M
Net income$198.3M$173.7M$151.6M
Basic (in USD per share)$5.49$4.72$4.11
Diluted (in USD per share)$5.44$4.65$4.03
Basic (in shares)36.1M shares36.8M shares36.9M shares
Diluted (in shares)36.5M shares37.4M shares37.6M shares

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The story

Founded by Gilles Samoun in 1999.1

Qualys has been described as "one of the earliest software-as-a-service security vendors."

Philippe Courtot first invested in the company in 1999. He became CEO and board chair in 2001. Courtot described Qualys as addressing a "mounting need for automatic detection of network vulnerabilities" when he announced the second round of financing.

The company launched QualysGuard in 2000, making Qualys one of the first entrants in the vulnerability management market. This software could automatically scan corporate local area networks (LANs) for vulnerabilities and search for an available patch. The company subsequently added compliance, malware detection, and web application scanning to its platform.

Qualys went public on the Nasdaq under the stock ticker QLYS on September 28, 2012, raising net proceeds of $87.5 million. The stock doubled from 2019–2024.

In 2015, Qualys launched its cloud platform and lightweight cloud agent, aimed at providing continuous monitoring of an organization's IT infrastructure and applications. The cloud platform introduced several new features designed to help organizations address cybersecurity and compliance issues.

Another security service that Qualys offers is its Network Passive Sensor service, an advanced technology layer that monitors network traffic and detects what is on the network that needs to be secured. The Network Passive Sensor immediately sends asset metadata to the Qualys Cloud Platform, where it is analyzed for comprehensive security insights.

In 2021, Courtot resigned from his role as Qualys' CEO for health reasons after leading the company for two decades. Sumedh Thakar became president and CEO following Courtot.

In August 2021, Qualys partnered with Red Hat to bring Qualys' Cloud Agent to Red Hat Enterprise Linux (RHEL) CoreOS and Red Hat OpenShift. The CoreOS Cloud Agent for OpenShift works with Qualys' Container Security Runtime, delivering continuous packages and vulnerabilities for the entire OpenShift stack.

Read the full text

The Qualys Threat Research Unit (TRU) won two Pwnie Awards in 2021, in the "Best Privilege Escalation Bug" and "Most Under-Hyped Research" categories. The TRU also won two Pwnie Awards in 2025, in the "Epic Achievement" and "Best Remote Code Execution (RCE)" categories.

In November 2023, Qualys released its Enterprise TruRisk Management (ETM) software, which aggregates cyber risk signals to provide a risk-scoring framework for companies to measure and reduce IT risk. Thakar said that Qualys is expanding ETM to integrate risk data from different security tools, including other security vendors. This will give customers a single view of risk, so they can focus on reducing risk in the areas that are impacting the most important parts of their business. In 2024, he announced that Qualys would offer a free 30-day access to ETM to assist organisations in adhering to the UK National Cyber Security Centre's (NCSC) guidelines that recommend a 5–7 day window for patching vulnerabilities. Qualys introduced its real-time Risk Operations Center (ROC) with ETM at its annual conference in San Diego in October 2024.

In May 2024, Qualys launched a managed security services partner (MSSP) portal as part of its global partner program. The portal was designed to enhance operational efficiencies for Qualys' partners and offer visibility into client accounts, licenses, and user roles.

In March 2026, Qualys debuted Agent Val, the first agentic AI tool for exploit validation and autonomous remediation.

From Wikipedia’s article on Qualys, shared under CC BY-SA 4.0.6

Leadership

Who has led Qualys, and when. Pick a name to see everywhere that person has worked.

Board members and other officers (26)

Products and brands

  • software

Listed on Wikidata.1

Former names

  • QUALYS INCJul 23, 2002 to Jul 20, 20055

Timeline

  1. 2021New chief executive Sumedh Thakar becomes CEO1
  2. Sep 28, 2012Went public Listed on NASDAQ1
  3. Sep 27, 2012New chief executive Philippe F. Courtot becomes CEO16
  4. 1999Founded Founded1

Filings

550 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 34 major events, 374 insider forms, 19 large holders, 103 other. The latest 20:

  1. Oct 15, 20264 EDGAR
  2. Oct 14, 2026144 EDGAR
  3. Sep 22, 20264 EDGAR
  4. Sep 15, 20264 EDGAR
  5. Sep 3, 20264 EDGAR
  6. Sep 3, 20264 EDGAR
  7. Aug 21, 20264 EDGAR
  8. Aug 21, 20264 EDGAR
  9. Aug 20, 2026144 EDGAR
  10. Aug 17, 20264 EDGAR
  11. Aug 4, 20264 EDGAR
  12. Aug 4, 2026S-8 EDGAR
  13. Aug 4, 202610-Q EDGAR
  14. Aug 4, 20268-K EDGAR
  15. Aug 3, 2026144 EDGAR
  16. Aug 3, 20264 EDGAR
  17. Aug 3, 20264 EDGAR
  18. Aug 3, 20264 EDGAR
  19. Jul 21, 20264 EDGAR
  20. Jul 21, 20264 EDGAR

The 550 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last three years, summarized. The full record is on SEC EDGAR.

Insider trades and holders

Large holders

Investors who own more than 5% must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively. 19 such filings since October 2021, the latest 10:

  1. Apr 30, 2026SCHEDULE 13G
  2. Apr 29, 2026SCHEDULE 13G
  3. Mar 27, 2026SCHEDULE 13G/A
  4. Feb 5, 2025SCHEDULE 13G/A
  5. Nov 12, 2024SC 13G/A
  6. Nov 5, 2024SC 13G/A
  7. Nov 4, 2024SC 13G/A
  8. Feb 13, 2024SC 13G/A
  9. Feb 12, 2024SC 13G/A
  10. Jan 22, 2024SC 13G/A

From Forms 4 and Schedules 13D and 13G filed with the SEC.

Held by these funds

The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.

FundSharesValueShare of the fundChange
BlackRock, Inc.5,762,721$792.3M0.0%+402,125
Vanguard Portfolio Management LLC2,695,941$370.7M0.0%+158,815
Vanguard Capital Management LLC1,590,332$218.7M0.0%+5,726
State Street Corp1,456,158$200.2M0.0%+67,438
Legal & General Group Plc1,437,373$197.6M0.0%+407,786
Geode Capital Management, LLC1,409,583$193.8M0.0%+88,674
Aqr Capital Management LLC1,394,771$190.6M0.1%+355,843
First Trust Advisors LP1,130,656$155.5M0.1%+134,592
Arrowstreet Capital, Limited Partnership985,345$135.5M0.1%+152,549
Boston Trust Walden Corp984,889$135.4M1.0%−25,487
Millennium Management LLC762,709$104.9M0.1%+527,327
Dimensional Fund Advisors LP719,248$98.9M0.0%−43,851
Morgan Stanley620,705$85.3M0.0%−25,721
MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.553,737$76.1M0.1%+115,165
Rwa Wealth Partners, LLC548,756$75.4M0.7%−4
Clark Capital Management Group, Inc.543,703$74.8M0.4%+163,244
Portolan Capital Management, LLC529,807$72.8M2.7%+290,779
Voya Investment Management LLC521,489$71.7M0.1%+224,134
Northern Trust Corp517,147$71.1M0.0%+6,601
Charles Schwab Investment Management Inc514,677$70.8M0.0%+12,258
London Co Of Virginia428,317$58.9M0.3%−38,025
Invesco Ltd.423,064$58.2M0.0%+42,244
Goldman Sachs Group Inc397,028$54.6M0.0%+72,848
Citadel Advisors LLC378,139$52.0M0.0%+174,609
Fort Washington Investment Advisors Inc /oh/368,865$50.7M0.3%+124,993

13F reports cover disclosed long positions in U.S. stocks only.

Members of Congress who traded it

6 trades disclosed by members of Congress. “Vs S&P since” is the stock’s change since the trade minus the S&P 500’s.

DateMemberTradeAmountVs S&P sinceFiling
Oct 31, 2025Lisa C. McClainRepublican, HouseSale$1,001 - $15,000−43.1%Report
Oct 30, 2025Lisa C. McClainRepublican, HouseBuy$1,001 - $15,000+42.1%Report
Oct 30, 2025Lisa C. McClainRepublican, HouseSale$1,001 - $15,000−42.1%Report
Sep 11, 2025Lisa C. McClainRepublican, HouseBuy$1,001 - $15,000+24.7%Report
May 3, 2024Tommy TubervilleRepublican, SenateSale$1,001 - $15,000+34.5%Report
Apr 5, 2024Tommy TubervilleRepublican, SenateBuy$1,001 - $15,000−32.0%Report

Members report amounts as ranges, not exact figures. Returns are price-only (no dividends).

Sources

The numbers on this page point here. Each one links to the record it came from.

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