QUALYS, INC. (QLYS) Stock Analysis — April 2026 Rating, Price, and Forecast
Company Overview — What Does QUALYS, INC. Do?
Qualys, Inc. provides cloud-based information technology (IT), security, and compliance solutions in the United States and internationally. The company offers Qualys Cloud Apps, which includes Vulnerability Management; Vulnerability Management, Detection and Response; Threat Protection; Continuous Monitoring; Patch Management; Multi-Vector Endpoint Detection and Response; Certificate Assessment; SaaS Detection and Response; Secure Enterprise Mobility; Policy Compliance; Security Configuration Assessment; PCI Compliance; File Integrity Monitoring; Security Assessment Questionnaire; Out of-Band Configuration Assessment; Web Application Scanning; Web Application Firewall; Global Asset Inventory; Cybersecurity Asset Management; Certificate Inventory; Cloud Inventory; Cloud Security Assessment; and Container Security. Its integrated suite of IT, security, and compliance solutions delivered on its Qualys Cloud Platform enables customers to identify and manage IT assets, collect and analyze IT security data, discover and prioritize vulnerabilities, recommend and implement remediation actions, and verify the implementation of such actions. The company also provides asset tagging and management, reporting and dashboards, questionnaires and collaboration, remediation and workflow, big data correlation and analytics engine, and alerts and notifications, which enable integrated workflows, management and real-time analysis, and reporting across IT, security, and compliance solutions. The company offers its solutions through its sales teams, as well as through its network of channel partners, such as security consulting organizations, managed service providers, resellers, and consulting firms. It serves enterprises, government entities, and small and medium-sized businesses in various industries, including education, financial services, government, healthcare, insurance, manufacturing, media, retail, technology, and utilities. The company was incorporated in 1999 and is headquartered in Foster City, California. QUALYS, INC. (QLYS) is classified as a mid-cap stock in the Technology sector, specifically within the Computer Software industry. The company is led by CEO Sumedh S. Thakar and employs approximately 2,140 people, headquartered in Wilmington, California. With a market capitalization of $3.1B, QLYS is one of the notable companies in the Technology sector.
QUALYS, INC. (QLYS) Stock Rating — Reduce (April 2026)
As of April 2026, QUALYS, INC. receives a Reduce rating with a composite score of 45.5/100 and 2 out of 5 stars from the Blank Capital Research quantitative model.QLYS ranks #2,186 out of 4,446 stocks in our coverage universe. Within the Technology sector, QUALYS, INC. ranks #238 of 584 stocks, placing it in the upper half of its Technology peers. The rating is generated by a multi-factor model that weighs quality (30%), momentum (25%), value (15%), investment (10%), stability (10%), and short interest (10%).
QLYS Stock Price and 52-Week Range
QUALYS, INC. (QLYS) currently trades at $76.20. The stock lost $0.48 (0.6%) in the most recent trading session. The 52-week high for QLYS is $155.47, which means the stock is currently trading -51.0% from its annual peak. The 52-week low is $85.14, putting the stock -10.5% above its annual trough. Recent trading volume was 1.2M shares, reflecting moderate market activity.
Is QLYS Overvalued or Undervalued? — Valuation Analysis
QUALYS, INC. (QLYS) carries a value factor score of 66/100 in the Blank Capital model, indicating fair valuation relative to historical norms. The trailing price-to-earnings ratio is 16.45x, compared to the Technology sector average of 45.27x — a discount of 64%. The price-to-book ratio stands at 5.61x, versus the sector average of 3.16x. The price-to-sales ratio is 4.86x, compared to 1.06x for the average Technology stock. On an enterprise value basis, QLYS trades at 15.13x EV/EBITDA, versus 12.79x for the sector.
Overall, QLYS's valuation appears roughly in line with sector benchmarks, suggesting the market is pricing the stock fairly given its current fundamentals and growth trajectory. Neither deep value nor significantly overpriced, the stock occupies a middle ground on valuation.
QUALYS, INC. Profitability — ROE, Margins, and Quality Score
QUALYS, INC. (QLYS) earns a quality factor score of 50/100, indicating solid business quality with consistent operational execution. The return on equity (ROE) is 34.1%, compared to the Technology sector average of -1.4%, which demonstrates strong shareholder value creation. Return on assets (ROA) comes in at 17.5% versus the sector average of -1.0%.
On a margin basis, QUALYS, INC. reports gross margins of 82.3%, compared to 50.9% for the sector. The operating margin is 32.1% (sector: -0.5%). Net profit margin stands at 29.6%, versus -1.5% for the average Technology stock. Revenue growth is running at 14.2% on a trailing basis, compared to 14.2% for the sector. The overall profitability profile is adequate, though there may be room for margin expansion.
QLYS Debt, Balance Sheet, and Financial Health
QUALYS, INC. has a debt-to-equity ratio of 95.0%, compared to the Technology sector average of 43.0%. Leverage is within a manageable range for the industry, though investors should monitor debt trends over time. The current ratio is 1.41x, suggesting adequate working capital coverage. Total debt on the balance sheet is $0. Cash and equivalents stand at $225M.
QLYS has a beta of 0.72, meaning it is less volatile than the S&P 500, making it a relatively defensive holding. The stability factor score for QUALYS, INC. is 61/100, reflecting average volatility within the normal range for its sector.
QUALYS, INC. Revenue and Earnings History — Quarterly Trend
In TTM 2026, QUALYS, INC. reported revenue of $648M and earnings per share (EPS) of $5.49. Net income for the quarter was $191M. Gross margin was 82.3%. Operating income came in at $208M.
In FY 2025, QUALYS, INC. reported revenue of $669M and earnings per share (EPS) of $5.49. Net income for the quarter was $198M. Gross margin was 82.8%. Revenue grew 10.1% year-over-year compared to FY 2024. Operating income came in at $222M.
In Q3 2025, QUALYS, INC. reported revenue of $170M and earnings per share (EPS) of $1.40. Net income for the quarter was $50M. Gross margin was 83.6%. Revenue grew 10.4% year-over-year compared to Q3 2024. Operating income came in at $60M.
In Q2 2025, QUALYS, INC. reported revenue of $164M and earnings per share (EPS) of $1.30. Net income for the quarter was $47M. Gross margin was 82.4%. Revenue grew 10.3% year-over-year compared to Q2 2024. Operating income came in at $51M.
Over the past 8 quarters, QUALYS, INC. has demonstrated a growth trajectory, with revenue expanding from $149M to $648M. Investors analyzing QLYS stock should weigh these quarterly trends alongside the valuation and quality metrics discussed above.
QLYS Dividend Yield and Income Analysis
QUALYS, INC. (QLYS) does not currently pay a dividend. This is common among smaller companies in the Computer Software industry that prefer to reinvest cash flows into business expansion rather than returning capital to shareholders. Income-focused investors looking for Technology dividend stocks may want to explore other Technology stocks or use the stock screener to filter by dividend yield.
QLYS Momentum and Technical Analysis Profile
QUALYS, INC. (QLYS) has a momentum factor score of 21/100, signaling weak relative price performance. Stocks with low momentum scores have historically tended to continue underperforming in the near term. The investment factor score is 27/100, which measures capital allocation efficiency and asset growth patterns. The short interest score of 65/100 reflects moderate short selling activity.
QLYS vs Competitors — Technology Sector Ranking and Peer Comparison
Within the Technology sector, QUALYS, INC. (QLYS) ranks #238 out of 584 stocks based on the Blank Capital composite score. This places QLYS in the upper half of all Technology stocks in our coverage universe. Key competitors and sector peers include IHS Holding Ltd (IHS) with a score of 55.0/100, VERISIGN INC/CA (VRSN) with a score of 56.0/100, ESCO TECHNOLOGIES INC (ESE) with a score of 51.7/100, CareCloud, Inc. (CCLD) with a score of 46.9/100, and MMTec, Inc. (MTC) with a score of 47.4/100.
Comparing QLYS against the S&P 500 benchmark is also instructive for understanding relative performance. Investors can view the full QLYS vs S&P 500 (SPY) comparison to assess how QUALYS, INC. stacks up against the broader market across all factor dimensions.
QLYS Next Earnings Date
No upcoming earnings date has been announced for QUALYS, INC. (QLYS) at this time. Check the earnings calendar for the latest scheduling updates across all stocks in our coverage universe.
Should You Buy QLYS? — Investment Thesis Summary
The quantitative profile for QUALYS, INC. suggests caution. The value score of 66/100 suggests attractive pricing relative to fundamentals. Momentum is weak at 21/100, a headwind for near-term performance. Low volatility (stability score 61/100) reduces downside risk.
In summary, QUALYS, INC. (QLYS) earns a Reduce rating with a composite score of 45.5/100 as of April 2026. The rating is derived from the Blank Capital Research methodology, which combines six factor dimensions into a single quantitative ranking. Investors should consider these quantitative signals alongside their own fundamental research, risk tolerance, and investment time horizon before making buy or sell decisions on QLYS stock.
Related Resources for QLYS Investors
Explore more research and tools: QLYS vs S&P 500 comparison, top Technology stocks, stock screener, our methodology, quality factor explained, value factor explained, momentum factor explained. Compare QLYS head-to-head with peers: QLYS vs IHS, QLYS vs VRSN, QLYS vs ESE.