| Factor | Score | Distribution | Value | Avg | Rank |
|---|---|---|---|---|---|
Valuation | 36 | 26.0x | 17.8x | Bottom tier | |
Growth | 65 | 10.4% | 7.1% | Around median | |
Quality | 97 | 31.6% | 4.5% | Top tier | |
Safety | 85 | — | 2.6x | Top tier | |
Capital Return | 70 | — | 2.12% | Top tier | |
Momentum | 84 | 36.1% | 2.9% | Top tier | |
Sentiment | 61 | 15 | 3 | Around median |
Estimates — analyst targets and a simplified DCF, not investment advice.
Ten ratios that matter, each compared against its sector median and average — so you can see whether a number is rich or cheap relative to peers in the same sector.
Qualys provides a cybersecurity and pre-breach risk management platform that combines vulnerability discovery, determination of actual exploitability, impact measurement, and remediation. Its core engines include VMDR, Enterprise TruRisk Management, TruRisk Eliminate, Patch Management, and TotalAI, while the Risk Operations Center ecosystem connects Agent Insta for detection, Agent Val for validation, and Agent Sara for autonomous remediation. The company generates revenue from enterprise subscriptions and expansion within its customer base, including the QFlex model, which allows customers to allocate their financial commitment across multiple solutions while paying a premium price for this flexibility.
In the second quarter of fiscal 2026, revenue increased 11% year over year to 182.2 million dollars, and gross profit according to EDGAR was approximately 151.9 million dollars, equivalent to a gross margin of about 83.4%. Net income according to EDGAR was approximately 52.4 million dollars, with a net margin of about 28.8% and earnings per share of 1.50 dollars, while adjusted earnings per share were 1.98 dollars and the adjusted EBITDA margin was 46%. Channels accounted for 54% of revenue versus 49% a year earlier, and the revenue mix was 55% from the United States and 45% from international markets, while international revenue grew 15% and domestic revenue grew 8%.
Revenue for the twelve months ended in fiscal 2026 was approximately 703.0 million dollars, with gross profit of 585.8 million dollars and net income of 206.5 million dollars. In the second quarter of fiscal 2026, ETM and CSAM together represented 12% of total bookings and 14% of new bookings on a trailing-twelve-month basis, while Patch Management represented 9% of total bookings and 16% of new bookings. After second-quarter fiscal 2026 results exceeded expectations, management raised its fiscal 2026 revenue range to 732–738 million dollars and its adjusted earnings-per-share range to 7.74–7.88 dollars.
Automated analysis for informational purposes only — not investment advice.
The average analyst price target is 179.8 dollars within a wide range of 130 to 220 dollars, with a neutral consensus, reflecting disagreement over the ability of ETM and QFlex to convert operating momentum into sustainable growth. The average target is approximately 10.8% below the 52-week range high of 201.54 dollars, while the highest target exceeds that high, a divergence consistent with the increase in fiscal 2026 guidance alongside an expected slowdown in second-half billings growth to 7%–8%. The 52-week range of 74.51–201.54 dollars indicates high valuation sensitivity to changes in growth and execution expectations, and the neutral consensus alone does not provide a one-directional valuation case.
Figures in the text are as of 2026-08-30; the live price is shown at the top of the page.
Revenue increased 11% to 182.2 million dollars, while gross profit according to EDGAR was approximately 151.9 million dollars and net income was 52.4 million dollars. Adjusted earnings per share were 1.98 dollars, while the adjusted EBITDA margin reached 46% compared with 45% a year earlier. Partner revenue also grew 22%, and channels represented 54% of revenue, alongside an improvement in the dollar-based net expansion rate to 105%.
ETM connects Agent Insta for rapid detection, Agent Val for exploitability validation, and Agent Sara for autonomous remediation. Management said on the August 4, 2026 call that TruConfirm can reduce findings to less than 1% of vulnerabilities requiring immediate action, making automated remediation more practical. ETM and CSAM together represented 12% of total bookings and 14% of new bookings on a trailing-twelve-month basis, up from 9% and 10% a year earlier.
InstaScan is designed to detect exposure within minutes of a new advisory being published and without rescanning, compared with traditional cycles that may take from 24 hours to a week. In the tests presented by management, the ecosystem reduced the exposure window from 21 days to minutes and automatically remediated 60% of vulnerabilities. TotalAI 2.0 covers artificial intelligence activity from employees to workloads, extends to Anthropic and OpenAI platforms, and tests model-context exploits and MCP tools across more than 50 attack scenarios.
On August 4, 2026, management raised the revenue range to 732–738 million dollars from 721–727 million dollars, representing growth of between 9% and 10%. The adjusted earnings-per-share range increased to 7.74–7.88 dollars from 7.44–7.65 dollars, with an adjusted EBITDA margin expected in the mid-forties. For the third quarter of fiscal 2026, the company expects revenue between 185.5 and 187.5 million dollars and adjusted earnings per share between 1.91 and 1.98 dollars.
Management expects current billings growth in the second half of fiscal 2026 of 7%–8% and did not observe a meaningful acceleration in the deal cycles of customers scheduled for renewal during that period. Direct revenue also remained nearly flat in the second quarter, while channels' contribution increased to 54% of revenue, making partner execution more important. In addition, many opportunities related to ETM and artificial intelligence threats remain at the discussion, proof-of-concept, and budget-allocation stages, alongside a neutral analyst consensus and a wide target range between 130 and 220 dollars.
Free cash flow reached 55.9 million dollars in the second quarter of fiscal 2026, representing a margin of 31% versus 20% a year earlier, with management noting that working-capital fluctuations affected the comparison. For the first half of fiscal 2026, the adjusted free cash flow margin was 42% versus 43% in the prior period. The company spent 76.8 million dollars to repurchase 797 thousand shares during the quarter, and 229.8 million dollars remained available under the repurchase program at its end.
