Jun 2026 (Q2 FY26) — Aug 4, 2026
Qualys Q2 FY26 — Strong Revenue Growth Driven by AI-Native Risk Operations and QFlex Adoption
Read the full callQualys earnings: last reported Tue, 4 Aug 2026, for the quarter ended Jun 2026.
Reported
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 182 | +11.0% YoY | Quarterly, as filed | Quarter to Jun 2026 | Revenue from operations as filed. |
| Operating margin | 34.0 | +2.6 pts YoY | Operating profit / revenue | Quarter to Jun 2026 | For the quarter; a change is in percentage points. |
| Net profit | 52.4 | +10.8% YoY | Quarterly, as filed | Quarter to Jun 2026 | Profit after tax as filed. |
Guidance
30 of 31 judged targets kept · 11 open · verdicts reflect calls analysed to Jun 2026.
| Target | Original wording | Said | Latest call | Verdict |
|---|---|---|---|---|
| QFlex platform pricing model general availability | take QFlex to general availability | Dec 2025 | We have rolled out QFlex. It's really more intended for our enterprise customers. And so now it's available -- generally available to enterprise customers | Achieved |
| Quarterly capital expenditures | $1.2 million to $3.2 million | Mar 2026 | including $3.7 million in capital expenditures | Missed |
| Full-year EPS | $7.17 to $7.45 | Dec 2025 | We expect full year EPS to be in the range of $7.74 to $7.88, up from the prior range of $7.44 to $7.65. | Revised Up |
1 of QUALYS, INC.'s 42 targets was missed. See which ones, and which are quietly gone. The 3 above are the free sample; 39 more targets are in the full ledger.
Claimed
Qualified
Price
1Y: $126.6 on 17 Oct 2025 → $190.08. High $202.42 (9 Oct 2026), low $76.2 (10 Apr 2026).
Overview
Guidance
30 of 31 judged targets kept · 11 open · verdicts reflect calls analysed to Jun 2026.
| Target | Original wording | Said | Latest call | Verdict |
|---|---|---|---|---|
| QFlex platform pricing model general availability | take QFlex to general availability | Dec 2025 | We have rolled out QFlex. It's really more intended for our enterprise customers. And so now it's available -- generally available to enterprise customers | Achieved |
| Quarterly capital expenditures | $1.2 million to $3.2 million | Mar 2026 | including $3.7 million in capital expenditures | Missed |
| Full-year EPS | $7.17 to $7.45 | Dec 2025 | We expect full year EPS to be in the range of $7.74 to $7.88, up from the prior range of $7.44 to $7.65. | Revised Up |
Claimed
Qualified
The full ledger
A free account opens 5 company ledgers a month. All 42 tracked commitments, with each call’s wording and source.
Call summaries
Qualys Q2 FY26 — Strong Revenue Growth Driven by AI-Native Risk Operations and QFlex Adoption
Read the full callQualys Q1 FY26 — Strong Revenue Growth and Profitability Driven by ETM and Channel Expansion
Read the full callEvery analysed call
Financials
Net profit, year on year: +11% (quarter to jun 2026 against jun 2025).
| Line item | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 154 | 159 | 160 | 164 | 170 | 175 | 176 | 182 |
| Operating profit | 45 | 49 | 52 | 51 | 60 | 59 | 61 | 62 |
| Operating margin | 29.2% | 31.0% | 32.4% | 31.3% | 35.3% | 33.6% | 34.7% | 34.0% |
| Other income | 7 | 4 | 7 | 7 | 5 | 6 | 4 | 5 |
| Profit before tax | 52 | 54 | 58 | 59 | 65 | 64 | 65 | 67 |
| Tax rate | 11.7% | 18.3% | 18.5% | 19.6% | 22.9% | 17.5% | 22.1% | 21.9% |
| Net profit | 46 | 44 | 48 | 47 | 50 | 53 | 51 | 52 |
| EPS ($ per share) | 1.26 | — | 1.30 | 1.30 | 1.40 | — | 1.42 | 1.50 |
| Line item | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Equity capital | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Reserves | 28 | 23 | 4 | -42 | -221 | -228 | -189 | -167 |
| Total liabilities | 228 | 289 | 332 | 378 | 412 | 444 | 496 | 534 |
| Fixed assets | 61 | 61 | 65 | 62 | 47 | 33 | 30 | 23 |
| Investments | 248 | 211 | — | — | — | — | — | — |
| Total assets | 586 | 676 | 737 | 815 | 701 | 813 | 974 | 1,095 |
| Line item | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Cash from operations | 125 | 161 | 180 | 201 | 199 | 245 | 244 | 309 |
| Cash from investing | -94 | -35 | -81 | -30 | 145 | -73 | -71 | -106 |
| Cash from financing | -77 | -79 | -113 | -108 | -306 | -141 | -146 | -185 |
| Net cash flow | -46 | 47 | -13 | 63 | 38 | 30 | 27 | 18 |
| Capital expenditure | -23 | -28 | -30 | -24 | -15 | -9 | -12 | -5 |
| Free cash flow | 103 | 133 | 150 | 176 | 183 | 236 | 232 | 304 |
| Segment | Q1 FY2025 | Q2 FY2025 | Q3 FY2025 | Q4 FY2025 | Q1 FY2026 | Q2 FY2026 | YoY growth latest quarter |
|---|---|---|---|---|---|---|---|
| Reportable | 100% | 100% | 100% | 100% | 100% | 100% | +11.0% |
Share of consolidated revenue by quarter. Q4 is the fiscal year less its first three quarters.
See how segments are shifting across companies → Segment Shift
| KPI | Mar 2026 Q1 FY26 | Jun 2026 Q2 FY26 | Change vs prior quarter |
|---|---|---|---|
| Net revenue retention rate | 104%In Q1, as expected, there was no meaningful movement in our net dollar expansion rate, closing the quarter at 104%, and slightly up from 103% last quarter.Source: earnings call transcript | 105%In Q2, our overall upsell execution improved, with our net dollar expansion rate at 105%, up from 104% last quarter.Source: earnings call transcript | +1 pt |
| Net revenue retention rate ETM CSAM cohort | 107%In Q1, the net dollar expansion rate of ETM CSAM cohort was 107%.Source: earnings call transcript | 107%The net dollar expansion rate of customers with prior year purchase of ETM or CSAM subscriptions in Q2 was [ 107% ], consistent to last quarter.Source: earnings call transcript | 0 pt |
Operating figures the company stated on at least two of the calls shown, checked against each call's transcript. Click a figure to read the sentence. A dash means it was not stated that quarter.
Q2 FY2026 · share of revenue
As QLYS cuts its regions in its filings; they can nest, so they need not add to 100%.
200 filings between Oct 20, 2025 and Oct 14, 2026.
Purchases
None
No insider bought shares.
Sales
$23.07M
152 sales by 6 insiders
99% filed under a 10b5-1 plan — scheduled in advance, not decided on the day
| Insider | Bought | Sold | Last filing |
|---|---|---|---|
| Thakar Sumedh S | — | $14.15M | Oct 14, 2026 |
| Kim Joo Mi | — | $6.29M | Sep 2, 2026 |
| POSEY BRUCE K | — | $2.06M | Sep 21, 2026 |
| Pfeiffer Wendy | — | $277.5K | Aug 20, 2026 |
| Berquist Thomas | — | $193.6K | Sep 2, 2026 |
| Hank Jeffrey P | — | $103.2K | Jun 12, 2026 |
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| Oct 14, 2026 | Thakar Sumedh S CEO & PRESIDENT | Sale 10b5-1 plan | 400 | $75.2K |
| Oct 14, 2026 | Thakar Sumedh S CEO & PRESIDENT | Sale 10b5-1 plan | 1,500 | $283.8K |
| Oct 14, 2026 | Thakar Sumedh S CEO & PRESIDENT | Sale 10b5-1 plan | 400 | $76.0K |
| Oct 14, 2026 | Thakar Sumedh S CEO & PRESIDENT | Sale 10b5-1 plan | 500 | $96.4K |
| Oct 14, 2026 | Thakar Sumedh S CEO & PRESIDENT | Sale 10b5-1 plan | 400 | $77.7K |
| Sep 21, 2026 | POSEY BRUCE K CHIEF LEGAL OFFICER | Sale 10b5-1 plan | 199 | $36.0K |
| Sep 21, 2026 | POSEY BRUCE K CHIEF LEGAL OFFICER | Sale 10b5-1 plan | 241 | $43.1K |
| Sep 21, 2026 | POSEY BRUCE K CHIEF LEGAL OFFICER | Sale 10b5-1 plan | 327 | $58.8K |
| Sep 21, 2026 | POSEY BRUCE K CHIEF LEGAL OFFICER | Sale 10b5-1 plan | 27 | $4.8K |
| Sep 21, 2026 | POSEY BRUCE K CHIEF LEGAL OFFICER | Sale 10b5-1 plan | 72 | $12.6K |
| Sep 14, 2026 | Thakar Sumedh S CEO & PRESIDENT | Sale 10b5-1 plan | 200 | $33.9K |
| Sep 14, 2026 | Thakar Sumedh S CEO & PRESIDENT | Sale 10b5-1 plan | 100 | $16.6K |
| Sep 14, 2026 | Thakar Sumedh S CEO & PRESIDENT | Sale 10b5-1 plan | 100 | $15.4K |
| Sep 14, 2026 | Thakar Sumedh S CEO & PRESIDENT | Sale 10b5-1 plan | 100 | $16.8K |
| Sep 14, 2026 | Thakar Sumedh S CEO & PRESIDENT | Sale 10b5-1 plan | 100 | $17.1K |
| Sep 14, 2026 | Thakar Sumedh S CEO & PRESIDENT | Sale 10b5-1 plan | 100 | $17.5K |
| Sep 14, 2026 | Thakar Sumedh S CEO & PRESIDENT | Sale 10b5-1 plan | 500 | $87.0K |
| Sep 14, 2026 | Thakar Sumedh S CEO & PRESIDENT | Sale 10b5-1 plan | 200 | $31.9K |
| Sep 14, 2026 | Thakar Sumedh S CEO & PRESIDENT | Sale 10b5-1 plan | 300 | $48.7K |
| Sep 14, 2026 | Thakar Sumedh S CEO & PRESIDENT | Sale 10b5-1 plan | 1,500 | $259.4K |
| Sep 2, 2026 | Kim Joo Mi CHIEF FINANCIAL OFFICER | Sale 10b5-1 plan | 293 | $49.1K |
| Sep 2, 2026 | Kim Joo Mi CHIEF FINANCIAL OFFICER | Sale 10b5-1 plan | 204 | $34.7K |
| Sep 2, 2026 | Kim Joo Mi CHIEF FINANCIAL OFFICER | Sale 10b5-1 plan | 265 | $45.4K |
| Sep 2, 2026 | Kim Joo Mi CHIEF FINANCIAL OFFICER | Sale 10b5-1 plan | 102 | $17.6K |
| Sep 2, 2026 | Kim Joo Mi CHIEF FINANCIAL OFFICER | Sale 10b5-1 plan | 166 | $28.0K |
| Sep 2, 2026 | Berquist Thomas Director | Sale 10b5-1 plan | 511 | $89.6K |
| Aug 20, 2026 | POSEY BRUCE K CHIEF LEGAL OFFICER | Sale 10b5-1 plan | 97 | $17.7K |
| Aug 20, 2026 | POSEY BRUCE K CHIEF LEGAL OFFICER | Sale 10b5-1 plan | 96 | $17.7K |
| Aug 20, 2026 | Pfeiffer Wendy Director | Sale 10b5-1 plan | 500 | $92.5K |
| Aug 20, 2026 | POSEY BRUCE K CHIEF LEGAL OFFICER | Sale 10b5-1 plan | 393 | $72.1K |
| Aug 20, 2026 | POSEY BRUCE K CHIEF LEGAL OFFICER | Sale 10b5-1 plan | 280 | $52.1K |
| Aug 14, 2026 | Thakar Sumedh S CEO & PRESIDENT | Sale 10b5-1 plan | 794 | $149.3K |
| Aug 14, 2026 | Thakar Sumedh S CEO & PRESIDENT | Sale 10b5-1 plan | 100 | $19.2K |
| Aug 14, 2026 | Thakar Sumedh S CEO & PRESIDENT | Sale 10b5-1 plan | 1,300 | $246.2K |
| Aug 14, 2026 | Thakar Sumedh S CEO & PRESIDENT | Sale 10b5-1 plan | 600 | $114.3K |
| Aug 14, 2026 | Thakar Sumedh S CEO & PRESIDENT | Sale 10b5-1 plan | 406 | $75.6K |
| Aug 3, 2026 | Kim Joo Mi CHIEF FINANCIAL OFFICER | Sale 10b5-1 plan | 827 | $127.8K |
| Aug 3, 2026 | Kim Joo Mi CHIEF FINANCIAL OFFICER | Sale 10b5-1 plan | 300 | $45.8K |
| Aug 3, 2026 | Kim Joo Mi CHIEF FINANCIAL OFFICER | Sale 10b5-1 plan | 200 | $30.3K |
| Aug 3, 2026 | Kim Joo Mi CHIEF FINANCIAL OFFICER | Sale 10b5-1 plan | 100 | $14.9K |
| Aug 3, 2026 | Kim Joo Mi CHIEF FINANCIAL OFFICER | Sale 10b5-1 plan | 100 | $15.5K |
| Aug 3, 2026 | Kim Joo Mi CHIEF FINANCIAL OFFICER | Sale 10b5-1 plan | 100 | $14.7K |
| Aug 1, 2026 | POSEY BRUCE K CHIEF LEGAL OFFICER | Tax withheld | 2,269 | $328.4K |
| Aug 1, 2026 | Thakar Sumedh S CEO & PRESIDENT | Tax withheld | 6,748 | $976.8K |
| Aug 1, 2026 | Kim Joo Mi CHIEF FINANCIAL OFFICER | Tax withheld | 3,845 | $556.6K |
| Jul 20, 2026 | Pfeiffer Wendy Director | Sale 10b5-1 plan | 500 | $79.1K |
| Jul 20, 2026 | POSEY BRUCE K CHIEF LEGAL OFFICER | Sale 10b5-1 plan | 243 | $38.1K |
| Jul 20, 2026 | POSEY BRUCE K CHIEF LEGAL OFFICER | Sale 10b5-1 plan | 43 | $6.9K |
| Jul 20, 2026 | POSEY BRUCE K CHIEF LEGAL OFFICER | Sale 10b5-1 plan | 262 | $41.7K |
| Jul 20, 2026 | POSEY BRUCE K CHIEF LEGAL OFFICER | Sale 10b5-1 plan | 334 | $52.8K |
Source: SEC Form 4 filings. Form 4 reports transactions, not the cap table — absence of filings says nothing about how much an insider owns, and a quiet window is not a signal.
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