Pulling SEC filings + quote and writing the call…
| Fiscal year | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $198M | $231M | $279M | $322M | $363M | $411M | $490M | $554M | $608M | $669M |
| Revenue growth | — | 16.6% | 20.8% | 15.3% | 12.9% | 13.3% | 19.1% | 13.2% | 9.6% | 10.1% |
| Gross profit | $155M | $179M | $213M | $252M | $284M | $322M | $387M | $447M | $496M | $554M |
| Gross margin | 78.2% | 77.7% | 76.3% | 78.4% | 78.2% | 78.2% | 79.0% | 80.6% | 81.7% | 82.8% |
| Operating income | $30.1M | $37.2M | $50.4M | $72.3M | $96.7M | $87.7M | $131M | $163M | $187M | $222M |
| Operating margin | 15.2% | 16.1% | 18.1% | 22.5% | 26.6% | 21.3% | 26.7% | 29.4% | 30.8% | 33.2% |
| Net income | $19.2M | $40.4M | $57.3M | $69.3M | $91.6M | $71.0M | $108M | $152M | $174M | $198M |
| Net margin | 9.7% | 17.5% | 20.5% | 21.6% | 25.2% | 17.3% | 22.1% | 27.3% | 28.6% | 29.6% |
| EPS (diluted) | $0.50 | $1.01 | $1.37 | $1.68 | $2.25 | $1.77 | $2.74 | $4.03 | $4.65 | $5.44 |
| Fiscal year | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $69.3M | $108M | $125M | $161M | $180M | $201M | $199M | $245M | $244M | $309M |
| Capital expenditures | $23.2M | $37.8M | $22.8M | $27.6M | $30.0M | $24.4M | $15.4M | $8.79M | $12.3M | $4.99M |
| Free cash flow | $46.1M | $69.8M | $103M | $133M | $150M | $176M | $183M | $236M | $232M | $304M |
| Share buybacks | $0.00 | $0.00 | $85.0M | $86.4M | $127M | $130M | $317M | $171M | $140M | $183M |
| Fiscal year | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & equivalents | $86.7M | $86.6M | $41.0M | $87.6M | $74.1M | $137M | $174M | $204M | $232M | $250M |
| Total assets | $407M | $538M | $586M | $676M | $737M | $815M | $701M | $813M | $974M | $1.10B |
| Total liabilities | $149M | $194M | $228M | $289M | $332M | $378M | $412M | $444M | $496M | $534M |
| Shareholders' equity | $258M | $344M | $358M | $387M | $404M | $437M | $289M | $368M | $477M | $561M |
| Retained earnings | -$8.26M | $39.9M | $28.0M | $23.2M | $3.57M | -$41.7M | -$221M | -$228M | -$189M | -$167M |
| Shares (wtd avg diluted) | 38.4M | 40.1M | 41.9M | 41.3M | 40.7M | 40.1M | 39.3M | 37.6M | 37.4M | 36.5M |
Every figure is extracted from QUALYS, INC.’s annual reports as filed with the SEC (XBRL company facts) — no third-party estimates. Fiscal years are labeled by period end; filers occasionally re-tag concepts, so a sparse cell means the company didn’t report that concept for that year. Free cash flow = operating cash flow − capital expenditures.
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