Qualys(US:QLYS)2026-02-05 21:08Revenue Growth - Q4 2025 revenue increased by 10% year-over-year to $175.3 million, compared to $159.2 million in Q4 2024[3] - Full year 2025 revenue also grew by 10% to $669.1 million, up from $607.6 million in 2024[9] - Revenues for Q4 2025 reached $175.3 million, a 10.5% increase from $159.2 million in Q4 2024[36] - Full year 2026 revenue guidance is projected to be between $717.0 million and $725.0 million, indicating 7% to 8% growth over 2025[21] Profitability - GAAP net income for Q4 2025 rose by 21% to $53.2 million, or $1.47 per diluted share, compared to $44.0 million, or $1.19 per diluted share, in Q4 2024[6] - Non-GAAP net income for Q4 2025 increased by 14% to $67.7 million, or $1.87 per diluted share, compared to $59.4 million, or $1.60 per diluted share, in Q4 2024[6] - Full year 2025 GAAP net income was $198.3 million, or $5.44 per diluted share, a 14% increase from $173.7 million, or $4.65 per diluted share, in 2024[12] - Net income for Q4 2025 was $53.2 million, representing a 21% increase compared to $44.0 million in Q4 2024[36] - Non-GAAP net income per diluted share for the full year 2025 was $5.44, an increase from $4.65 in 2024[36] - Net income for the twelve months ended December 31, 2025, was $198,320, an increase of 14.2% from $173,680 in 2024[40] - The diluted GAAP net income per share for the twelve months ended December 31, 2025, was $5.44, up from $4.65 in 2024[44] Cash Flow and Investments - Operating cash flow for Q4 2025 surged by 59% to $75.7 million, representing 43% of revenues, compared to 30% in Q4 2024[8] - Cash flow from operating activities for the twelve months ended December 31, 2025, was $309,400, compared to $244,094 in 2024, indicating strong operational performance[40] - Non-GAAP free cash flows for the twelve months ended December 31, 2025, were $304,410, compared to $231,760 in 2024, reflecting a significant increase[46] - The company reported a net increase in cash, cash equivalents, and restricted cash of $18,076 for the twelve months ended December 31, 2025[40] Expenses and Liabilities - Operating expenses for the year ended December 31, 2025, totaled $332.4 million, up from $308.9 million in 2024[36] - Total liabilities rose to $533.9 million in 2025, compared to $496.4 million in 2024[38] Assets and Equity - Total current assets increased to $657.6 million in 2025, up from $585.7 million in 2024[38] - Qualys reported a total stockholders' equity of $561.2 million as of December 31, 2025, compared to $477.1 million in 2024[38] Share Repurchase and Guidance - Qualys announced a $200 million increase to its share repurchase program[1] - Management expects Q1 2026 revenues to be between $172.5 million and $174.5 million, reflecting 8% to 9% growth year-over-year[20]