Qualys (QLYS) FY2024 results: revenue $608 million, up 9.6% on the year
Qualys, Inc. (QLYS) reported revenue of $608 million for fiscal 2024, the year ended 31 December 2024, up 9.6% on the year before. Net income was $174 million, up 14.6%, and diluted earnings per share $4.65. The figures are the company's own, from the 10-K it filed with the SEC on 21 February 2025.
Revenue
$608 million
+9.6% on the year
FY2017FY2024
Operating margin
30.8%
29.4% a year earlier
FY2017FY2024
Net income
$174 million
+14.6% on the year
FY2017FY2024
Diluted EPS
$4.65
+15.4% on the year
FY2017FY2024
this yearthe year beforeHover a bar for its figure.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2024
FY2023
FY2022
On the year
Last 8 years
Operating cash flow
244
245
199
-0.2%
Capital expenditure
12.3
8.8
15.4
+40.4%
Free cash flow
232
236
183
-1.7%
Free cash flow margin
38.1%
42.5%
37.5%
Cash from investing
-71.4
-73.2
145
Cash from financing
-146
-141
-306
Depreciation and amortisation
18.5
27.0
34.6
-31.4%
Share-based compensation
77.1
69.1
53.4
+11.7%
Buybacks
140
171
317
-18.1%
Diluted shares, weighted
37m
38m
39m
-0.7%
Shares outstanding at period end
37m
37m
37m
-1.1%
Balance sheet
$ million
FY2024
FY2023
FY2022
On the year
Last 8 years
Shareholders' equity
477
368
289
+29.6%
Debt
n/a
0.0
0.0
Operating lease liabilities
37.5
16.9
29.1
+122.1%
Other liabilities
459
428
383
+7.3%
Total liabilities and equity
974
813
701
+19.8%
Fixed assets
30.3
32.6
47.4
-6.9%
Goodwill
7.4
7.4
7.4
0.0%
Intangible assets
6.8
9.7
12.8
-29.9%
Investments
n/a
279
207
Securities held for sale or to maturity
379
n/a
n/a
Cash and equivalents
232
204
174
+14.0%
Receivables
165
146
122
+12.5%
Other assets
153
134
131
+13.6%
Total assets
974
813
701
+19.8%
10-K for the year ended 31 December 2024, filed 21 February 2025: the filing.