Qualys reported FY 2025 revenue of USD 669.13 million, up 10%, driven by higher demand for its subscription services. FY 2025 net income was USD 198.32 million, while Adjusted EBITDA was USD 313.41 million (47% of revenue). Total other income, net was USD 24.88 million (up 10%), and the FY 2025 income tax provision increased to USD 48.51 million (up 34%), which Qualys said was primarily due to a lower benefit from the FDII deduction following enactment of the One Big Beautiful Bill Act (OBBBA), along with lower excess tax benefits from stock-based compensation and other discrete items. For FY 2025, cost of revenues was USD 114.77 million (up 3%), research and development expense was USD 117.28 million (up 5%), sales and marketing expense was USD 143.51 million (up 12%), and general and administrative expense was USD 71.62 million (up 4%). Qualys’ net dollar expansion rate was 103% for FY 2025. In business updates, Qualys highlighted continued expansion of its cloud-based Enterprise TruRisk Platform and its subscription model, with FY 2025 revenue growth primarily coming from existing customers (76% of the increase) and the remainder from new customers (24%). Qualys also said 51% of FY 2025 revenue was direct and 49% was through partners, with most of the revenue increase coming via partners (80% of the increase). In capital allocation, Qualys ended FY 2025 with USD 696.80 million in cash, cash equivalents and marketable securities, repurchased USD 183.40 million of shares during FY 2025, and said USD 160.50 million remained under its repurchase authorization as of Dec. 31, 2025; the board later authorized an additional USD 200 million on Feb. 5, 2026, bringing total authorization to USD 1.60 billion.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Qualys Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001107843-26-000008), on February 20, 2026, and is solely responsible for the information contained therein.