Qualys Lifts Full-Year Outlook as Q2 Revenue Climbs 11% and Margins Expand
QLYS has more than doubled off its 52-week low of $74.51.
Summary
Qualys posted Q2 2026 revenue of $182.2M, an 11% year-over-year increase, alongside non-GAAP EPS of $1.98. Reflecting confidence in its cloud security platform and AI-driven solutions, the company raised its full-year revenue guidance to $732M–$738M and GAAP EPS guidance to $5.76–$5.90.
Key Events · Earnings and Guidance · QLYS
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Q2 Revenue and Profitability Beat
Revenue reached $182.2M, up 11% year over year, while non-GAAP EPS of $1.98 came in ahead of typical estimates. The adjusted EBITDA margin expanded to 46%.
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Full-Year Guidance Raised
Management lifted its revenue outlook to $732M–$738M, up from $721M–$727M, and raised GAAP EPS guidance to $5.76–$5.90, compared with the prior $5.40–$5.61.
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Operating Cash Flow Surge
Operating cash flow jumped 77% year over year to $59.6M, representing 33% of revenue—a sharp increase from 21% a year ago.
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FedRAMP High Authorization
TotalCloud secured FedRAMP High Authorization, unlocking federal market opportunities for Qualys's cloud-native security platform.
Analysis · QLYS · Technology
A solid quarter featuring 11% revenue growth and an across-the-board guidance raise points to accelerating business momentum. Expanding margins and a 77% surge in operating cash flow further underscore the improving trajectory. With the stock already trading near its 52-week high, much of the optimism appears priced in, yet the upwardly revised outlook still offers fresh upside potential.
At the time of this filing, QLYS was trading at $180.02 on NASDAQ in the Technology sector, with a market capitalization of approximately $5.7B. The 52-week trading range was $74.51 to $167.86. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.