Qualys Q2 2026: 11% Revenue Growth, $1.50 EPS, and Aggressive Buybacks Persist
QLYS has more than doubled off its 52-week low of $74.51.
Summary
Qualys posted Q2 2026 revenue of $182.2M (+11% YoY) and EPS of $1.50, while repurchasing $130.7M in stock during the first half. The company reiterated Q3 EPS guidance of $1.43–$1.50.
Key Events · Earnings and Guidance · QLYS
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Revenue Growth Steady at 11%
Driven by existing customer expansion and partner channel growth, Q2 2026 revenue reached $182.2M, an 11% increase year-over-year.
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EPS of $1.50 Beats Consensus
Diluted EPS of $1.50 exceeded the $1.43–$1.50 guidance range, reflecting strong operating leverage and a lower share count.
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Aggressive Share Repurchases
In the first half of 2026, Qualys repurchased $130.7M of stock, reducing shares outstanding by 3% to 34.65M. An additional $229.8M remains authorized for buybacks.
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Q3 Guidance Reiterated
Consistent with the 8-K filed on August 4, 2026, the company reaffirmed Q3 2026 EPS guidance of $1.43–$1.50.
Analysis · QLYS · Technology
Qualys delivered solid Q2 results, with revenue rising 11% year-over-year to $182.2M and diluted EPS reaching $1.50. The company continues to aggressively repurchase shares, spending $130.7M in the first half of 2026 and reducing the share count by 3%. With $703.5M in cash and marketable securities and no debt, the balance sheet remains fortress-like. The filing confirms the Q3 EPS guidance of $1.43–$1.50 issued in the concurrent 8-K, providing no new surprises. Steady execution and the capital return program support the stock near its 52-week high.
At the time of this filing, QLYS was trading at $183.63 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.