QLYS on Nasdaq

Qualys

Logo: Qualys, Public domain, via Wikimedia Commons5

American web security company

Qualys, Inc. is an American technology firm based in Foster City, California, specializing in cloud security, compliance and related services. Qualys has over 10,300 customers in more than 130 countries. The company has strategic partnerships with major managed services providers and consulting organizations including BT, Dell SecureWorks, Fujitsu, IBM, NTT, Symantec, Verizon, and Wipro.3 It was founded by Gilles Samoun.1 Its chief executive is Sumedh Thakar (since 2021).1 Its shares trade on Nasdaq under the symbol QLYS.1 Wikipedia text CC BY-SA 4.0

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Last updated Oct 21, 2026.

Overview

1999Founded1

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  • TickerQLYS on Nasdaq1
  • Industrycomputer security1
  • HeadquartersFoster City1
  • Websitewww.qualys.com
  • Legal formDelaware corporation1
  • Incorporated inDE6
  • Business address919 E. Hillsdale Blvd., Foster City, Ca 944046
  • Filer categoryLarge accelerated filer6
  • LEI549300EMBXYOW9W1XA174
  • StatusActive4
  • LEI statusLapsed (not renewed)4
  • Registered address251 LITTLE FALLS DRIVE, 19808 Wilmington, United States4
  • Registered withDivision of Corporations, Department of State, 31521404

Qualys, Inc. is an American technology firm based in Foster City, California, specializing in cloud security, compliance and related services.3

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

82.8%Gross margin9
33.2%Operating margin9
29.6%Net margin9
10.1%Revenue growth, 20259
35.3%Return on equity9
$304.4MFree cash flow9

What sells

Revenue by product, business segment and region, as the company reports it to the SEC.

Regions

United States brought in 56% of the revenue Qualys broke down this way in fiscal 2025.

  1. United States$377.5M956%up 6% from 2024
  2. Outside the United States$291.7M944%up 15% from 2024
Regions by year
Regions202320242025
United States$332.3M$354.6M$377.5M
Outside the United States$222.1M$253.0M$291.7M

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Cost of revenue17¢$114.8M
  • Research and development18¢$117.3M
  • Other costs28¢$190.2M
  • Income tax7¢$48.5M
  • Profit30¢$198.3M

Out of $669.1M in revenue.9

Where each dollar of operating cash went, fiscal 2025

  • Capital spending2¢$5.0M
  • Share buybacks59¢$183.4M
  • Kept or used elsewhere39¢$121.0M

Out of $309.4M of cash from operations.9

Financial statements

Revenue101112139$669.1M in 2025+108% since 2019
0$200.0M$400.0M$600.0M$800.0M2019: $321.6M$321.6M20192020: $363.0M$363.0M2020+13%2021: $411.2M$411.2M2021+13%2022: $489.7M$489.7M2022+19%2023: $554.5M$554.5M2023+13%2024: $607.6M$607.6M2024+10%2025: $669.1M$669.1M2025+10%
Gross profit101112139$554.4M in 2025+120% since 2019
0$200.0M$400.0M$600.0M2019: $252.1M$252.1M20192020: $283.7M$283.7M2020+13%2021: $321.7M$321.7M2021+13%2022: $386.9M$386.9M2022+20%2023: $447.0M$447.0M2023+16%2024: $496.1M$496.1M2024+11%2025: $554.4M$554.4M2025+12%
Operating income101112139$222.0M in 2025+207% since 2019
0$100.0M$200.0M$300.0M2019: $72.3M$72.3M20192020: $96.7M$96.7M2020+34%2021: $87.7M$87.7M2021−9%2022: $130.5M$130.5M2022+49%2023: $163.1M$163.1M2023+25%2024: $187.2M$187.2M2024+15%2025: $222.0M$222.0M2025+19%
Net income101112139$198.3M in 2025+186% since 2019
0$50.0M$100.0M$150.0M$200.0M2019: $69.3M$69.3M20192020: $91.6M$91.6M2020+32%2021: $71.0M$71.0M2021−23%2022: $108.0M$108.0M2022+52%2023: $151.6M$151.6M2023+40%2024: $173.7M$173.7M2024+15%2025: $198.3M$198.3M2025+14%

Every line of the income statement as filed: the last 3 fiscal years, latest first.9

Period ending2025-12-312024-12-312023-12-31
Revenues$669.1M$607.6M$554.5M
Cost of revenues$114.8M$111.5M$107.5M
Gross profit$554.4M$496.1M$447.0M
Research and development$117.3M$111.9M$110.5M
Sales and marketing$143.5M$128.3M$111.7M
General and administrative$71.6M$68.7M$61.7M
Total operating expenses$332.4M$308.9M$283.9M
Income from operations$222.0M$187.2M$163.1M
Interest income$25.3M$25.8M$16.9M
Other expense, net-$375.0K-$3.2M-$1.3M
Total other income, net$24.9M$22.6M$15.6M
Income before income taxes$246.8M$209.8M$178.7M
Income tax provision$48.5M$36.1M$27.1M
Net income$198.3M$173.7M$151.6M
Basic (in USD per share)$5.49$4.72$4.11
Diluted (in USD per share)$5.44$4.65$4.03
Basic (in shares)36.1M shares36.8M shares36.9M shares
Diluted (in shares)36.5M shares37.4M shares37.6M shares

Compare Qualys with another company

Corporate structure

Qualys sits at the top of its group. 17 entities, 15 countries on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of Qualys

  • Qualys Foster City, California, United States
    • Blue Jay Acquisition Sub, Inc. Subsidiary · Delaware, United States
    • Qualys Australia Pty Ltd. Subsidiary · Australia
    • Qualys Brazil Desenvolvimento de Produtos e Consultoria de Tecnologias de Seguranca LTDA. Subsidiary · Brazil
    • Qualys Canada, Ltd. Subsidiary · Canada
    • Qualys Colombia S.A.S. Subsidiary · Colombia
    • Qualys Hong Kong Limited Subsidiary · Hong Kong
    • Qualys International, Inc. Subsidiary · Delaware, United States
    • Qualys Italy S.R.L. Subsidiary · Italy
    • Qualys Japan K.K. Subsidiary · Japan
    • Qualys Middle East FZE Subsidiary · United Arab Emirates
    • Qualys Netherlands B.V. Subsidiary · Netherlands
    • QUALYS SECURITY TECHSERVICES PRIVATE LIMITED Subsidiary · Pune, India
    • Qualys Singapore Pte. Ltd. Subsidiary · Singapore
    • Qualys South Africa Proprietary Limited Subsidiary · South Africa
    • Qualys Switzerland Sarl Subsidiary · Switzerland
    • Qualys Technologies, S.A. Subsidiary · France

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What Qualys reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Computer equipment and software$3.4M9 Dec 31, 2025$1.2M9 Dec 31, 2024+183.3%
Accumulated depreciation$240.5M9 Dec 31, 2025$230.8M9 Dec 31, 2024+4.2%
Property and equipment, net$23.2M9 Dec 31, 2025$30.3M9 Dec 31, 2024−23.7%
Operating-lease assets (leased space)$46.0M9 Dec 31, 2025$41.0M9 Dec 31, 2024+12.3%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$250.3M9 Dec 31, 2025$232.2M9 Dec 31, 2024+7.8%

Intangibles and goodwill

ItemLatestA year beforeChange
Goodwill$7.4M9 Dec 31, 2025$7.4M9 Dec 31, 20240%
Intangible assets, net (excluding goodwill)$4.3M9 Dec 31, 2025$6.8M9 Dec 31, 2024−37.5%
Indefinite-lived intangibles (excluding goodwill)$40.0K9 Dec 31, 2025$40.0K9 Dec 31, 20240%
Finite-lived intangibles, gross$40.1M9 Dec 31, 2025$40.1M9 Dec 31, 20240%
Accumulated amortization$35.9M9 Dec 31, 2025$33.4M9 Dec 31, 2024+7.7%
Finite-lived intangibles, net$4.2M9 Dec 31, 2025$6.8M9 Dec 31, 2024−37.8%

Properties, in its own words

Our principal executive offices are located in Foster City, California, where we occupy a 76,922 square-foot facility under a lease expiring on April 30, 2034. We also have 321,333 square feet of office space in Pune, India under non-cancellable lease arrangements, with contractual lease expirations extending through June 2031. We have an additional U.S. office in North Carolina and other offices in France, United Arab Emirates and United Kingdom. We believe our facilities are adequate for our current needs and for the foreseeable future.

We operate shared cloud platforms at third-party facilities in United States, Canada, Switzerland, the Netherlands, United Arab Emirates, Australia, United Kingdom, Italy, the Kingdom of Saudi Arabia and India. Our shared cloud platform agreements have varying terms through 2030.

Item 2 of the 10-K filed Feb 20, 2026.17

The story

Founded by Gilles Samoun in 1999.1

Qualys has been described as "one of the earliest software-as-a-service security vendors."

Philippe Courtot first invested in the company in 1999. He became CEO and board chair in 2001. Courtot described Qualys as addressing a "mounting need for automatic detection of network vulnerabilities" when he announced the second round of financing.

The company launched QualysGuard in 2000, making Qualys one of the first entrants in the vulnerability management market. This software could automatically scan corporate local area networks (LANs) for vulnerabilities and search for an available patch. The company subsequently added compliance, malware detection, and web application scanning to its platform.

Qualys went public on the Nasdaq under the stock ticker QLYS on September 28, 2012, raising net proceeds of $87.5 million. The stock doubled from 2019–2024.

In 2015, Qualys launched its cloud platform and lightweight cloud agent, aimed at providing continuous monitoring of an organization's IT infrastructure and applications. The cloud platform introduced several new features designed to help organizations address cybersecurity and compliance issues.

Another security service that Qualys offers is its Network Passive Sensor service, an advanced technology layer that monitors network traffic and detects what is on the network that needs to be secured. The Network Passive Sensor immediately sends asset metadata to the Qualys Cloud Platform, where it is analyzed for comprehensive security insights.

In 2021, Courtot resigned from his role as Qualys' CEO for health reasons after leading the company for two decades. Sumedh Thakar became president and CEO following Courtot.

In August 2021, Qualys partnered with Red Hat to bring Qualys' Cloud Agent to Red Hat Enterprise Linux (RHEL) CoreOS and Red Hat OpenShift. The CoreOS Cloud Agent for OpenShift works with Qualys' Container Security Runtime, delivering continuous packages and vulnerabilities for the entire OpenShift stack.

Read the full text

The Qualys Threat Research Unit (TRU) won two Pwnie Awards in 2021, in the "Best Privilege Escalation Bug" and "Most Under-Hyped Research" categories. The TRU also won two Pwnie Awards in 2025, in the "Epic Achievement" and "Best Remote Code Execution (RCE)" categories.

In November 2023, Qualys released its Enterprise TruRisk Management (ETM) software, which aggregates cyber risk signals to provide a risk-scoring framework for companies to measure and reduce IT risk. Thakar said that Qualys is expanding ETM to integrate risk data from different security tools, including other security vendors. This will give customers a single view of risk, so they can focus on reducing risk in the areas that are impacting the most important parts of their business. In 2024, he announced that Qualys would offer a free 30-day access to ETM to assist organisations in adhering to the UK National Cyber Security Centre's (NCSC) guidelines that recommend a 5–7 day window for patching vulnerabilities. Qualys introduced its real-time Risk Operations Center (ROC) with ETM at its annual conference in San Diego in October 2024.

In May 2024, Qualys launched a managed security services partner (MSSP) portal as part of its global partner program. The portal was designed to enhance operational efficiencies for Qualys' partners and offer visibility into client accounts, licenses, and user roles.

In March 2026, Qualys debuted Agent Val, the first agentic AI tool for exploit validation and autonomous remediation.

From Wikipedia’s article on Qualys, shared under CC BY-SA 4.0.7

Leadership

Who has led Qualys, and when. Pick a name to see everywhere that person has worked.

Board members and other officers (26)

Products and brands

  • software

Listed on Wikidata.1

Subsidiaries and ownership

Subsidiaries (Exhibit 21)

  • Blue Jay Acquisition Sub, Inc. Delaware8
  • Qualys Australia Pty Ltd. Australia8
  • Qualys Brazil Desenvolvimento de Produtos e Consultoria de Tecnologias de Seguranca LTDA. Brazil8
  • Qualys Canada, Ltd. Canada8
  • Qualys Colombia S.A.S. Colombia8
  • Qualys GmbH Germany8
  • Qualys Hong Kong Limited Hong Kong8
  • Qualys International, Inc. Delaware8
  • Qualys Italy S.R.L. Italy8
  • Qualys Japan K.K. Japan8
  • Qualys Ltd. United Kingdom8
  • Qualys Middle East FZE United Arab Emirates8
  • Qualys Netherlands B.V. The Netherlands8
  • Qualys Security TechServices Private Ltd. India8
  • Qualys Singapore Pte. Ltd. Singapore8
  • Qualys South Africa Proprietary Limited South Africa8
  • Qualys Switzerland Sarl Switzerland8
  • Qualys Technologies, S.A. France8

The subsidiaries the company lists in Exhibit 21 of its annual report, as filed.

Former names

  • QUALYS INCJul 23, 2002 to Jul 20, 20056

Timeline

  1. Aug 4, 20268-K Results of operations49
  2. Jun 11, 20268-K Executive or director change; Shareholder vote50
  3. May 5, 20268-K Results of operations51
  4. Feb 5, 20268-K Results of operations52
  5. Nov 4, 20258-K Results of operations53
  6. Aug 5, 20258-K Results of operations54
  7. Jun 16, 20258-K Bylaws or fiscal year changed; Shareholder vote55
  8. May 6, 20258-K Results of operations56
  9. Feb 6, 20258-K Results of operations57
  10. Nov 5, 20248-K Results of operations58
  11. Aug 6, 20248-K Results of operations59
  12. Jun 13, 20248-K Executive or director change; Shareholder vote60
  13. 2021New chief executive Sumedh Thakar becomes CEO1
  14. Sep 28, 2012Went public Listed on NASDAQ1
  15. Sep 27, 2012New chief executive Philippe F. Courtot becomes CEO19
  16. 1999Founded Founded1

Calendar

Coming up

  1. Nov 3, 2026Reports results for the quarter ending Sep/2026 A year earlier it reported $1.39 a share, on Nov 4, 2025.61

When it reported results

  1. Aug 4, 2026Reported quarterly or annual results49
  2. May 5, 2026Reported quarterly or annual results51
  3. Feb 5, 2026Reported quarterly or annual results52
  4. Nov 4, 2025Reported quarterly or annual results53
  5. Aug 5, 2025Reported quarterly or annual results54
  6. May 6, 2025Reported quarterly or annual results56
  7. Feb 6, 2025Reported quarterly or annual results57
  8. Nov 5, 2024Reported quarterly or annual results58

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

551 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 34 major events, 374 insider forms, 20 large holders, 103 other. The latest 20:

  1. Oct 15, 20264 EDGAR
  2. Oct 14, 2026144 EDGAR
  3. Sep 22, 20264 EDGAR
  4. Sep 15, 20264 EDGAR
  5. Sep 3, 20264 EDGAR
  6. Sep 3, 20264 EDGAR
  7. Aug 21, 20264 EDGAR
  8. Aug 21, 20264 EDGAR
  9. Aug 20, 2026144 EDGAR
  10. Aug 17, 20264 EDGAR
  11. Aug 4, 20264 EDGAR
  12. Aug 4, 2026S-8 EDGAR
  13. Aug 4, 202610-Q EDGAR
  14. Aug 4, 20268-K EDGAR
  15. Aug 3, 2026144 EDGAR
  16. Aug 3, 20264 EDGAR
  17. Aug 3, 20264 EDGAR
  18. Aug 3, 20264 EDGAR
  19. Jul 21, 20264 EDGAR
  20. Jul 21, 20264 EDGAR

The 551 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

236 open-market trades by officers, directors and large owners since October 2021: 1 buys and 235 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Sep 21, 2026POSEY BRUCE KCHIEF LEGAL OFFICERSale866$179.49$155.4KForm 4
Sep 14, 2026Thakar Sumedh SCEO & PRESIDENTSale3,200$170.05$544.1KForm 4
Sep 2, 2026Kim Joo MiCHIEF FINANCIAL OFFICERSale1,030$169.62$174.7KForm 4
Sep 2, 2026Berquist ThomasDirectorSale511$175.27$89.6KForm 4
Aug 20, 2026Pfeiffer WendyDirectorSale500$185.00$92.5KForm 4
Aug 20, 2026POSEY BRUCE KCHIEF LEGAL OFFICERSale866$184.23$159.5KForm 4
Aug 14, 2026Thakar Sumedh SCEO & PRESIDENTSale3,200$188.97$604.7KForm 4
Aug 3, 2026Kim Joo MiCHIEF FINANCIAL OFFICERSale1,627$153.04$249.0KForm 4
Jul 20, 2026Pfeiffer WendyDirectorSale500$158.19$79.1KForm 4
Jul 20, 2026POSEY BRUCE KCHIEF LEGAL OFFICERSale882$158.17$139.5KForm 4
Jul 14, 2026Thakar Sumedh SCEO & PRESIDENTSale3,200$160.50$513.6KForm 4
Jul 6, 2026POSEY BRUCE KCHIEF LEGAL OFFICERSale1,000$155.00$155.0KForm 4
Jul 2, 2026Kim Joo MiCHIEF FINANCIAL OFFICERSale965$143.44$138.4KForm 4
Jun 30, 2026Thakar Sumedh SCEO & PRESIDENTSale30,000$135.00$4.0MForm 4
Jun 29, 2026Thakar Sumedh SCEO & PRESIDENTSale10,000$126.75$1.3MForm 4
Jun 26, 2026Thakar Sumedh SCEO & PRESIDENTSale10,000$120.48$1.2MForm 4
Jun 22, 2026Pfeiffer WendyDirectorSale500$110.55$55.3KForm 4
Jun 22, 2026POSEY BRUCE KCHIEF LEGAL OFFICERSale865$109.44$94.7KForm 4
Jun 15, 2026Thakar Sumedh SCEO & PRESIDENTSale3,200$114.80$367.4KForm 4
Jun 12, 2026Berquist ThomasDirectorSale939$110.75$104.0KForm 4

All 236 trades can be filtered by person here when JavaScript is on.

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

Executive pay

What the company paid its top executives, from the summary compensation table in its proxy statement. Total pay includes salary, bonus, stock and option awards and other pay, as the company valued them.

YearExecutiveAgeSalaryTotal pay
2025Sumedh S. ThakarDirector, President and Chief Executive Officer50$616.2K$15.9M68
2025Joo Mi KimChief Financial Officer45$464.7K$6.9M68
2025Bruce K. PoseyChief Legal Officer and Corporate Secretary74$393.8K$4.2M68
2024Sumedh S. ThakarDirector, President and Chief Executive Officer50$601.7K$15.7M68
2024Joo Mi KimChief Financial Officer45$451.7K$6.8M68
2024Bruce K. PoseyChief Legal Officer and Corporate Secretary74$381.7K$4.2M68
2023Sumedh S. ThakarDirector, President and Chief Executive Officer50$558.3K$7.8M68
2023Joo Mi KimChief Financial Officer45$416.7K$4.4M68
2023Bruce K. PoseyChief Legal Officer and Corporate Secretary74$363.3K$2.8M68

Held by these funds

The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.

FundSharesValueShare of the fundChange
BlackRock, Inc.5,762,721$792.3M0.0%+402,125
Vanguard Portfolio Management LLC2,695,941$370.7M0.0%+158,815
Vanguard Capital Management LLC1,590,332$218.7M0.0%+5,726
State Street Corp1,456,158$200.2M0.0%+67,438
Legal & General Group Plc1,437,373$197.6M0.0%+407,786
Geode Capital Management, LLC1,409,583$193.8M0.0%+88,674
Aqr Capital Management LLC1,394,771$190.6M0.1%+355,843
First Trust Advisors LP1,130,656$155.5M0.1%+134,592
Arrowstreet Capital, Limited Partnership985,345$135.5M0.1%+152,549
Boston Trust Walden Corp984,889$135.4M1.0%−25,487
Millennium Management LLC762,709$104.9M0.1%+527,327
Dimensional Fund Advisors LP719,248$98.9M0.0%−43,851
Morgan Stanley620,705$85.3M0.0%−25,721
MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.553,737$76.1M0.1%+115,165
Rwa Wealth Partners, LLC548,756$75.4M0.7%−4
Clark Capital Management Group, Inc.543,703$74.8M0.4%+163,244
Portolan Capital Management, LLC529,807$72.8M2.7%+290,779
Voya Investment Management LLC521,489$71.7M0.1%+224,134
Northern Trust Corp517,147$71.1M0.0%+6,601
Charles Schwab Investment Management Inc514,677$70.8M0.0%+12,258
London Co Of Virginia428,317$58.9M0.3%−38,025
Invesco Ltd.423,064$58.2M0.0%+42,244
Goldman Sachs Group Inc397,028$54.6M0.0%+72,848
Citadel Advisors LLC378,139$52.0M0.0%+174,609
Fort Washington Investment Advisors Inc /oh/368,865$50.7M0.3%+124,993

13F reports cover disclosed long positions in U.S. stocks only.

Members of Congress who traded it

6 trades disclosed by members of Congress. “Vs S&P since” is the stock’s change since the trade minus the S&P 500’s.

DateMemberTradeAmountVs S&P sinceFiling
Oct 31, 2025Lisa C. McClainRepublican, HouseSale$1,001 - $15,000−43.1%Report
Oct 30, 2025Lisa C. McClainRepublican, HouseBuy$1,001 - $15,000+42.1%Report
Oct 30, 2025Lisa C. McClainRepublican, HouseSale$1,001 - $15,000−42.1%Report
Sep 11, 2025Lisa C. McClainRepublican, HouseBuy$1,001 - $15,000+24.7%Report
May 3, 2024Tommy TubervilleRepublican, SenateSale$1,001 - $15,000+34.5%Report
Apr 5, 2024Tommy TubervilleRepublican, SenateBuy$1,001 - $15,000−32.0%Report

Members report amounts as ranges, not exact figures. Returns are price-only (no dividends).

SEC filer profile

How Qualys is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARQUALYS, INC.2
  • CIK0001107843
  • Employer ID (EIN)77-053414517
  • Filer statusLarge accelerated filer not an emerging growth company; not a smaller reporting company; not a shell company17
  • Incorporated inDelaware17
  • Fiscal year endsDecember 312
  • Industry code (SIC)7372 Services-Prepackaged Software2
  • SEC reviewing officeOffice of Technology, Division of Corporation Finance2
  • Business address919 E. Hillsdale Blvd., Foster City, CA 944042
  • Phone650-801-61002
  • Shares outstanding34,595,001 as of Jul 22, 202615
  • Public float$3.7B as of Jun 30, 202517
  • AuditorGRANT THORNTON LLP, San Francisco, California PCAOB ID 248; it also attests to the company’s internal control over financial reporting17
  • On EDGAR sinceJul 23, 20022
  • Filings1,424 in all: 4 (980), 8-K (97), 144 (75), 10-Q (42), SC 13G/A (42), 3 (32), 4/A (17), DEFA14A (17)2
    All 33 form types

    10-K (14), DEF 14A (14), S-8 (13), SC 13G (13), SD (13), UPLOAD (10), ARS (6), REGDEX (5), S-1/A (5), CORRESP (4), 10-Q/A (3), SCHEDULE 13G/A (3), 10-K/A (2), 5 (2), 8-K/A (2), CT ORDER (2), REGDEX/A (2), SCHEDULE 13G (2), 3/A (1), 424B4 (1), 8-A12B (1), CERTNAS (1), EFFECT (1), PRE 14A (1), S-1 (1)

  • Latest filingsAnnual report (10-K) Feb 20, 2026
    Quarterly report (10-Q) Aug 4, 2026
    Proxy statement (DEF 14A) Apr 22, 2026
    Latest 8-K (8-K) Aug 4, 2026

Securities registered for trading

ClassSymbolExchange
Common stock, $0.001 par value per shareQLYSNASDAQ

From the cover page of the 10-K filed Feb 20, 2026 (Section 12(b) of the Exchange Act).17

Risk factors and legal proceedings

The risks Qualys names in Item 1A of its 10-K filed Feb 20, 2026: 48 risks under these headings, as written.17

  • Risks Related to Our Business and Industry
  • Our quarterly and annual operating results may vary from period to period, which could result in our failure to meet expectations with respect to operating results and cause the trading price of our stock to decline.
  • If we do not successfully anticipate market needs and opportunities or are unable to enhance our solutions and develop new solutions that meet those needs and opportunities on a timely or cost-effective basis, we may not be able to compete effectively and our business and financial condition may be harmed.
  • If we fail to continue to effectively scale and adapt our platform to meet the performance and other requirements of our customers, our operating results and our business would be harmed.
  • If we are unable to renew existing subscriptions for our IT, security and compliance solutions, sell additional subscriptions for our solutions and attract new customers, our operating results would be harmed.
  • Our current research and development efforts may not produce successful products or enhancements to our platform that result in significant revenue, cost savings or other benefits in the near future.
  • Our platform, products, website and internal systems may be subject to intentional disruption or other security incidents that could result in liability and adversely impact our reputation and future sales.
  • Our sales cycle can be long and unpredictable, and our sales efforts require considerable time and expense. As a result, revenues may vary from period to period, which may cause our operating results to fluctuate and could harm our business.
  • Adverse economic conditions or reduced IT spending may adversely impact our business.
  • Our IT, security and compliance solutions are delivered from 15 shared cloud platforms, and any disruption of service at these facilities would interrupt or delay our ability to deliver our solutions to our customers which could reduce our revenues and harm our operating results.
  • We face competition in our markets, and we may lack sufficient financial or other resources to maintain or improve our competitive position.
  • The sales prices of our solutions are subject to competitive pressures and may decrease, which may reduce our gross profits and adversely impact our financial results.
The other 37 risks
  • If our solutions fail to detect vulnerabilities or incorrectly detect vulnerabilities, our brand and reputation could be harmed, which could have an adverse effect on our business and results of operations.
  • If we are unable to recruit and retain qualified sales personnel, sales of our solutions and the growth of our business would be harmed.
  • We rely on third-party channel partners to generate a substantial amount of our revenues, and if we fail to effectively manage our distribution channels, our revenues could decline and our growth prospects could suffer.
  • A significant portion of our customers, channel partners and employees are located outside of the United States, which subjects us to a number of risks associated with conducting international operations, and if we are unable to successfully manage these risks, our business and operating results could be harmed.
  • We are exposed to fluctuations in currency exchange rates, which could negatively affect our financial condition and results of operations.
  • Our business and operations have continued to grow since inception, and if we do not appropriately manage any future growth, or are unable to improve our systems and processes, our operating results may be negatively affected.
  • We depend on the continued services and performance of our senior management and other key employees, the loss of any of whom could adversely affect our business, operating results and financial condition.
  • If we are unable to hire, retain and motivate qualified personnel, our business may suffer.
  • A portion of our revenues are generated by sales to government entities, which are subject to a number of challenges and risks.
  • Our success in acquiring and integrating other businesses, products or technologies could impact our financial position.
  • If our solutions fail to help our customers achieve and maintain compliance with regulations and industry standards, our revenues and operating results could be harmed.
  • We rely on software-as-a-service vendors to operate certain functions of our business and any failure of such vendors to provide services to us could adversely impact our business and operations.
  • Incorrect or improper implementation or use of our solutions could result in customer dissatisfaction and harm our business and reputation.
  • We recognize revenues from subscriptions over the term of the relevant service period, and therefore any decreases or increases in bookings are not immediately reflected in our operating results.
  • If the market for cloud solutions for IT, security and compliance does not evolve as we anticipate, our revenues may not grow and our operating results would be harmed.
  • Risks Related to Intellectual Property, Legal, Tax and Regulatory Matters
  • Undetected software errors or flaws in our solutions could harm our reputation, decrease market acceptance of our solutions or result in liability.
  • Our solutions could be used to collect and store personal information of our customers’ employees or customers, and therefore privacy and other data handling concerns could result in additional cost and liability to us or inhibit sales of our solutions.
  • We use AI/machine learning technologies in our solutions that could result in harm to our business and operating results.
  • Our solutions contain third-party open source software components, and our failure to comply with the terms of the underlying open source software licenses could restrict our ability to sell our solutions.
  • We use third-party software and data that may be difficult to replace or cause errors or failures of our solutions that could lead to lost customers or harm to our reputation and our operating results.
  • Failure to protect our proprietary technology and intellectual property rights could substantially harm our business and operating results.
  • Assertions by third parties of infringement or other violations by us of their intellectual property rights could result in significant costs and harm our business and operating results.
  • Governmental export or import controls could subject us to liability if we violate them or limit our ability to compete in foreign markets.
  • If we are required to collect higher sales and use or other taxes on the solutions we sell, we may be subject to liability for past sales and our future sales may decrease.
  • Changes in our income tax provision or adverse outcomes resulting from examination of our income tax returns could adversely affect our operating results, in which case we could be subject to additional taxes.
  • Risks Related to Ownership of Our Common Stock
  • Market volatility may affect our stock price and the value of an investment in our common stock and could subject us to litigation.
  • Our actual operating results may differ significantly from our guidance.
  • Future sales of shares by existing stockholders could cause our stock price to decline.
  • We cannot guarantee that our share repurchase program will be fully consummated or that it will enhance stockholder value, and any share repurchases we make could affect the price of our common stock.
  • We do not intend to pay dividends on our common stock and therefore any returns will be limited to the value of our stock.
  • Anti-takeover provisions in our charter documents and under Delaware law could make an acquisition of us, which may be beneficial to our stockholders, more difficult and may prevent attempts by our stockholders to replace or remove our current management.
  • General Risk Factors
  • Disruptive technologies could gain wide adoption and supplant our cloud-based IT, security and compliance solutions, thereby weakening our sales and harming our results of operations.
  • We may not maintain profitability in the future.
  • Forecasts of market growth may prove to be inaccurate, and even if the markets in which we compete achieve the forecasted growth, there can be no assurance that our business will grow at similar rates, or at all.
  • Our financial results are based in part on our estimates or judgments relating to our critical accounting policies. These estimates or judgments may prove to be incorrect, which could harm our operating results and result in a decline in our stock price.
  • Changes in financial accounting standards may cause adverse and unexpected revenue fluctuations and impact our reported results of operations.
  • If we fail to maintain an effective system of internal control over financial reporting, our ability to produce timely and accurate financial statements or comply with applicable regulations could be impaired.

Legal proceedings

From time to time we may become involved in legal proceedings or be subject to claims arising in the ordinary course of our business. As of December 31, 2025, there has not been at least a reasonable possibility that we have incurred a material loss from any ongoing legal proceedings, individually or taken together. However, litigation is inherently unpredictable and is subject to significant uncertainties, some of which are beyond our control. Should any of these estimates and assumptions change or prove to have been incorrect, we could incur significant charges related to legal matters which could have a material impact on its results of operations, financial position and cash flows. For more information, please refer to Note 8 in the accompanying notes to the consolidated financial statements, which is hereby incorporated by reference.

The opening of Item 3, Legal Proceedings.17

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