QLYS QUALYS, INC.

FY2025 10-K
Filed: Feb 20, 2026
Information Technology
Services-Prepackaged SoftwareSEC EDGAR

QUALYS, INC. (QLYS) filed its fiscal year 2025 10-K annual report with the SEC on Feb 20, 2026. This page provides AI-powered analysis of the filing, including business overview, management discussion, risk factors, and key financial metrics from XBRL data.

AI Filing Analysis
FY2025 10-K

Business Overview

  • Core business: cloud-based IT, security, compliance platform with integrated asset management, vulnerability detection, risk prioritization, and remediation
  • New emphasis on Enterprise TruRisk Management (ETM) with AI-driven workflows for unified risk quantification and automated remediation
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Management Discussion & Analysis

  • Revenue $669.1M in 2025, up 10% YoY from $607.6M in 2024, $61.6M increase driven 76% by existing customers and 24% by new customers
  • Operating margin 33% in 2025 vs 31% in 2024; net income margin 30% vs 29%; adjusted EBITDA margin steady at 47% in both years
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Risk Factors

  • Regulatory risk: Potential loss of FedRAMP authorization due to security breaches or incidents jeopardizing cloud platform compliance
  • Macroeconomic risk: Ongoing 2023-present economic weakness and geopolitical conflicts in Eastern Europe and Middle East impacting IT spending and operations
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Financial Summary
XBRL

Revenue

$669M

Net Income

$198M

Gross Margin

82.8%

Operating Margin

33.2%

Net Margin

29.6%

ROE

35.3%

Total Assets

$1.1B

EPS (Diluted)

$5.44

Operating Cash Flow

$309M

Source: XBRL data from QUALYS, INC. FY2025 10-K filing on SEC EDGAR. All figures in USD.

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