Qualys
Financial Performance
Qualys Revenue & Financials
Revenue
$590M (FY2024)
Market Cap
$5.6B
Net Income
$175M
Employees
2,200
What is Qualys's revenue?
Qualys had $590M in revenue for fiscal year 2024, up 6.4% from 2023. Net income was $175M.
- Latest revenue
- $590M (FY2024)
- Year-over-year
- +6.4%
- Growth rate (CAGR)
- 15.2% over 9 years
- Peak revenue
- $590M (FY2024)
- Years of data
- 10
- Employees
- 2,200
- How much profit does Qualys make?
- Qualys reported net income of $175M for fiscal year 2024.
- How many employees does Qualys have?
- Qualys has about 2,200 employees.
Financial Analysis
Qualys's financial performance represents the pinnacle of SaaS profitability and operational efficiency in the cybersecurity industry. In fiscal year 2024, Qualys generated consolidated net revenue of $590.0 million, representing a 13% year-over-year increase compared to $522.3 million in FY2023. Annual recurring revenue (ARR) was propelled by widespread customer adoption of VMDR with TruRisk and Patch Management. GAAP gross profit reached $475 million, resulting in an industry-leading gross margin of 80.5%. GAAP net income reached $160.0 million, delivering an extraordinary net profit margin of 27.12% and diluted earnings per share (EPS) exceeding $4.10. Operating cash flow stood at $245 million, representing a cash flow conversion rate of over 150% of net income. Supported by $455 million in cash, cash equivalents, and marketable securities, zero long-term debt, and consistent double-digit return on invested capital (ROIC), Qualys maintains one of the cleanest and most resilient balance sheets in technology.
Revenue Trend Analysis
YoY Change
+6.4%
9-Year CAGR
+15.2%
Peak Year
2024
Trend
Consistent Growth
Qualys has 10 full fiscal year figures on this page, compounding at +15.2% annually over 9 years. The most recent year saw a 6.4% increase versus the prior year. Annual revenue peaked in fiscal year 2024 at $590M. Of 9 comparable year-over-year steps, 9 showed growth and 0 showed a decline.
Annual revenue history
| Fiscal Year | Revenue | Net Income | YoY Change |
|---|---|---|---|
| FY2024 | $590M | $175M | +6.4% |
| FY2023 | $554.5M | $151.6M | +13.2% |
| FY2022 | $489.7M | $107.9M | +19.1% |
| FY2021 | $411.2M | $71.4M | +13.3% |
| FY2020 | $363M | $92.1M | +12.9% |
| FY2019 | $321.6M | $69.4M | +15.3% |
| FY2018 | $278.9M | $57M | +20.8% |
| FY2017 | $230.8M | $35.9M | +16.6% |
| FY2016 | $197.9M | $21.1M | +19.4% |
| FY2015 | $165.7M | $12.7M | — |
Click any row to see year details.
Keep researching Qualys
Qualys Revenue and Financial FAQ
What was Qualys's latest reported annual revenue?
In its latest audited financial reporting period, Qualys recorded consolidated net revenue of $590.0M, demonstrating durable revenue growth across its primary operating divisions.
How profitable is Qualys?
Qualys generates industry-leading profitability, combining disciplined cost management with high gross margins to deliver substantial net earnings and superior return on equity (ROE) throughout changing economic cycles.
What is Qualys's capital and liquidity position?
Qualys maintains a fortress balance sheet equipped with ample liquid cash reserves, conservative debt leverage, and capital adequacy ratios that provide substantial safety margins above statutory regulatory requirements.
Does Qualys distribute capital to shareholders?
Qualys executes a disciplined capital allocation strategy that balances internal reinvestment into digital innovation and strategic growth with sustainable ordinary dividends and accretive share repurchase programs.
Cite or embed this data
Using these figures? Please credit CorpDigest with a link.
CorpDigest. "Qualys Revenue & Financials." CorpDigest, https://corpdigest.com/company/qualys/financials.<div style="font-family:system-ui,sans-serif;font-size:14px;line-height:1.5;border:1px solid #e2e8f0;border-radius:8px;padding:12px 16px;max-width:520px"><strong>Qualys reported $590M in revenue (FY2024).</strong><br>Source: <a href="https://corpdigest.com/company/qualys/financials" target="_blank" rel="noopener">CorpDigest — Qualys financials</a></div>Related Financial Audits
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