Qualys, Inc.

QLYSUS

Qualys, Inc., founded in 1999 and headquartered in Foster City, California, specializes in delivering cloud-based solutions for information technology (IT) management, cybersecurity, and regulatory compliance to organizations globally. The company's integrated Qualys Cloud Platform hosts a comprehensive suite of "Qualys Cloud Apps," encompassing a broad spectrum of services such as vulnerability management, threat detection and response, multi-vector endpoint security, patch management, certificate assessment, web application scanning and firewall, as well as various IT, cloud, and container security and compliance tools. This powerful platform empowers customers to meticulously identify and manage their IT assets, gather and analyze critical security data, proactively uncover and prioritize vulnerabilities, recommend and initiate effective remediation actions, and ultimately verify their successful implementation. Complementing these core functions, Qualys also provides features like advanced asset tagging, intuitive reporting and dashboards, collaborative questionnaires, streamlined remediation workflows, a robust big data correlation and analytics engine, and real-time alerts. These components collectively ensure integrated operations, in-depth real-time analysis, and comprehensive reporting across an organization's entire IT, security, and compliance landscape. Qualys serves a diverse client base, including large enterprises, government entities, and small to medium-sized businesses across numerous sectors such as finance, healthcare, manufacturing, education, and technology. Its solutions are distributed through a dedicated internal sales force and an extensive global network of channel partners, including security consulting firms, managed service providers, and resellers.

Founded1999IPO year2012As of2026-08-04
Market Cap
$5.56B
Enterprise Value
$5.14B
EV / LTM Revenue
7.7x
EV / NTM Revenue
6.8x
Trading multiples

Enterprise value over trailing (LTM) vs. forward (NTM) fundamentals. Click an LTM cell to chart it.

LTM
trailing
NTM
forward
Revenue
6.8x
Gross Profit
8.2x
EBITDA
14.2x
Classification
Sector
Cybersecurity
Sub-sector
Security (General)
Listing
QLYS
Country
US
Historical valuation & fundamentals

EV / LTM Revenue

Annual financials & analyst forecasts

$MCY2021CY2022CY2023CY2024CY2025CY2026ECY2027E
Revenue YoY19%13%10%10%8%7%
Revenue$411M$490M$554M$608M$669M$724M$775M
Gross Profit$322M$387M$447M$496M$554M
Gross Profit Margin78.2%79.0%80.6%81.7%82.8%
EBITDA$125M$168M$206M$228M$261M$347M$371M
EBITDA Margin30.5%34.4%37.1%37.6%39.1%47.9%47.9%
EBIT$88M$131M$163M$187M$222M$374M$401M
Net Income$71M$108M$152M$174M$198M$275M$307M
Free Cash Flow$175M$175M$236M$232M$304M
FCF Margin42.6%35.7%42.5%38.1%45.5%
Short-Term Debt$0M$0M$0M$0M$7M
Long-Term Debt$0M$0M$0M$0M$45M
Cash & Cash Equivalents$137M$174M$204M$232M$250M
Net Debt($137M)($174M)($204M)($232M)($198M)
Net Debt / EBITDA-1.1x-1.0x-1.0x-1.0x-0.8x
Rule of 4054.8%55.8%47.7%55.6%
Figures in $M. True calendar years (Jan–Dec) built from quarterly data — income & cash-flow lines summed across the four quarters, balance sheet as of year-end. E columns are calendarized analyst consensus — gross profit, cash flow and balance-sheet lines are not estimated. Net debt = short-term debt + long-term debt − cash & cash equivalents; Rule of 40 = YoY revenue growth + FCF margin.