Core Insights - Qualys, Inc. reported a revenue growth of 10% year-over-year for Q3 2025, with revenues reaching $169.9 million compared to $153.9 million in Q3 2024 [3][6] - The company raised its revenue guidance for the full year 2025 to a range of $665.8 million to $667.8 million, reflecting a 10% growth over 2024 [12] Financial Performance - Revenue: Q3 2025 revenues increased by 10% to $169.9 million from $153.9 million in Q3 2024 [3] - Gross Profit: GAAP gross profit rose by 14% to $142.1 million, with a gross margin of 84% in Q3 2025 compared to 81% in Q3 2024 [4] - Operating Income: GAAP operating income increased by 33% to $60.0 million, representing 35% of revenues, up from 29% in Q3 2024 [5] - Net Income: GAAP net income for Q3 2025 was $50.3 million, or $1.39 per diluted share, a 9% increase from $46.2 million, or $1.24 per diluted share, in Q3 2024 [6] - Adjusted EBITDA: Adjusted EBITDA grew by 19% to $82.6 million, accounting for 49% of revenues, compared to 45% in Q3 2024 [7] - Operating Cash Flow: Operating cash flow increased by 48% to $90.4 million, representing 53% of revenues [8] Business Highlights - Qualys received FedRAMP High Authorization for its GovCloud Platform, enhancing its ability to support federal agencies [15] - The company launched a marketplace of AI-powered agents to improve cyber risk operations [15] - Qualys was recognized with two Pwnie Awards for its Threat Research Unit, which supports its Enterprise TruRisk Management Platform [15] - The company appointed May Mitchell as Chief Marketing Officer to lead global marketing strategies [15] Future Guidance - Q4 2025 Guidance: Expected revenues between $172.0 million and $174.0 million, indicating 8% to 9% growth year-over-year [11] - Full Year 2025 Guidance: Revenue guidance raised to $665.8 million to $667.8 million, with GAAP net income per diluted share expected between $5.23 and $5.30 [12]
Qualys Announces Third Quarter 2025 Financial Results