Quarterly ResultMay 5, 2026, 05:12 PM
Qualys Q1 Revenue $175.6M, Net Income $50.6M, EPS $1.42
AI Summary
Qualys, Inc. reported a strong first quarter for 2026, with revenues increasing by 9.8% to $175.6 million and net income rising 6.5% to $50.6 million. Diluted earnings per share also saw a significant increase of 10.1% to $1.42. However, net cash provided by operating activities decreased to $95.3 million from $109.6 million in the prior year, and the company recognized a $2.0 million impairment charge on non-marketable securities. Qualys also continued its share repurchase program, buying back $53.5 million of common stock.
Key Highlights
- Revenues increased 9.8% to $175.6 million for Q1 2026.
- Net income rose 6.5% to $50.6 million for Q1 2026.
- Diluted EPS grew 10.1% to $1.42 for Q1 2026.
- Gross profit increased 11.2% to $145.6 million for Q1 2026.
- Net cash provided by operating activities was $95.3 million, down from $109.6 million in Q1 2025.
- The company repurchased $53.5 million of common stock during Q1 2026.
- A $2.0 million impairment charge on non-marketable securities was recognized in Q1 2026.