Qualys, Inc. (QLYS)

Over the past six months, Qualys' stock (QLYS) has experienced fluctuations, declining by 8.55% between November 25, 2024, and November 21, 2025. Q1 2025 financial results showed sales beating estimates, but quarterly revenue guidance only slightly exceeded expectations. Q2 2025 financial results showed revenues increased by 10% year-over-year to $164.1 million, while GAAP operating income increased by 7% and operating cash flow decreased by 32% to $33.8 million compared to the same quarter in 2024. Q3 2025 results exceeded analyst expectations, driven by government contract wins and the Risk Operations Center ramp-up, leading to raised full-year guidance and analyst upgrades. Despite strong Q3 results, the market reacted negatively to the company's forward guidance, leading to selling pressure.

While specific details on demand seasonality are not explicitly provided, Qualys' financial reports acknowledge that demand can be influenced by the budgeting cycles and seasonal buying patterns of its customers. The cybersecurity industry may experience increased attention and demand around major online shopping events like Cyber Monday. Qualys' subscription-based business model generally provides predictable and recurring revenue streams, which can help mitigate sharp seasonal fluctuations.

Qualys, Inc. is an American technology firm specializing in cloud-based security and compliance solutions, operating within the Cybersecurity, Network Security, IT Security, Information Security, and Computer Software industries. Qualys offers a suite of cloud-based solutions through its Qualys Cloud Platform, automating IT asset discovery, security assessment, and compliance management. Key products include Vulnerability Management, Detection, and Response (VMDR), Cloud Security, Endpoint Security, Compliance and Risk Management, Web Application Security, Threat Intelligence, CyberSecurity Asset Management (CSAM), TruRisk Eliminate, Risk Operations Center (ROC) Enterprise TruRisk Management / CTEM, TotalAppSec, and Network Passive Sensor service.

Qualys, Inc. has a global presence, serving over 10,000 customers in more than 130 countries, including a majority of the Forbes Global 100. The company's headquarters are in Foster City, California, USA. Qualys operates globally with offices in North America, Europe, Asia, and the Middle East, supported by a worldwide network of data centers. In June 2025, Qualys expanded its public sector footprint by opening a new office in Washington, D.C. Regional offices and contacts are also present in countries such as Australia, New Zealand, Brazil, France, Germany, Hong Kong, India, Italy, Japan, Republic of Korea, the Netherlands, Singapore, Spain, Portugal, the United Arab Emirates, and the United Kingdom.

Qualys has a strong brand reputation in the cybersecurity market, earning numerous industry accolades over its 25 years of operation. The company is trusted by over 10,000 subscription customers worldwide, including a significant portion of the Forbes Global 100 and Fortune 100. In August 2025, Qualys' Threat Research Unit (TRU) won two Pwnie Awards for uncovering vulnerabilities in OpenSSH, reinforcing Qualys' leadership in global cybersecurity innovation.

Qualys (QLYS) ownership is primarily institutional, with institutional shareholders holding approximately 69.88% to 99.4% of the company's stock, while insiders own between 0.575% and 42.55%. Major institutional owners include BlackRock, Inc., Vanguard Group Inc, State Street Corp, Geode Capital Management, Llc, Boston Trust Walden Corp, First Trust Advisors Lp, Legal & General Group Plc, Neuberger Berman Group LLC, iShares Core S&P Mid-Cap ETF, Manulife Financial Corp., SEI Investments Co., Hancock Whitney Corp., Migdal Insurance & Financial Holdings Ltd., Mirae Asset Global Investments Co., Ltd., Charles Schwab Investment Management, Inc., American Capital Management, Inc., and Alyeska Investment Group, L.P. Key individual owners include Philippe F. Courtot, Courtot Family Trust Philippe, Aos Partners LP, and Yves Sisteron. Insider trading activity in the past three months has shown only sales of shares.