Qualys Inc. (QLYS) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
919 E. HILLSDALE BLVD. FOSTER CITY, CA 94404 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 7372 - Prepackaged Software (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 3/31/2024 MRQ | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 425,558 | 321,327 | 405,288 | 356,024 | 298,890 | 289,166 | |||
| Cash and cash equivalents | 203,665 | 173,719 | 137,328 | 74,132 | 87,559 | 41,026 | |||
| Short-term investments | 221,893 | 147,608 | 267,960 | 281,892 | 211,331 | 248,140 | |||
| Restricted cash and investments | 1,500 | ||||||||
| Receivables | 146,226 | 121,795 | 108,998 | 100,179 | 78,034 | 75,825 | |||
| Capitalized contract cost | 5,858 | 5,018 | 4,223 | 3,459 | |||||
| Other undisclosed current assets | 20,856 | 25,198 | 27,889 | 15,683 | 18,692 | 13,974 | |||
| Total current assets: | 599,998 | 473,338 | 546,398 | 475,345 | 395,616 | 378,965 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 22,391 | 33,752 | 37,016 | 44,838 | ✕ | ||||
| Property, plant and equipment | 32,599 | 47,428 | 61,854 | 64,850 | 60,579 | 61,442 | |||
| Long-term investments and receivables | 56,644 | 59,206 | 111,198 | 98,458 | 119,508 | 2,500 | |||
| Long-term investments | 56,644 | 59,206 | 111,198 | 98,458 | 119,508 | 2,500 | |||
| Intangible assets, net (including goodwill) | 17,162 | 20,248 | 13,992 | 19,453 | 24,242 | 29,201 | |||
| Goodwill | 7,447 | 7,447 | 7,447 | 7,447 | 7,447 | 7,225 | |||
| Intangible assets, net (excluding goodwill) | 9,715 | 12,801 | 6,545 | 12,006 | 16,795 | 21,976 | |||
| Restricted cash and investments | 1,200 | 2,700 | 1,200 | 1,200 | 1,200 | 1,200 | |||
| Deferred income tax assets | 62,761 | 45,412 | 25,087 | 15,811 | ✕ | ||||
| Other noncurrent assets | 19,863 | 18,857 | 17,814 | 16,864 | 15,082 | 9,275 | |||
| Deferred tax assets, net | ✕ | ✕ | ✕ | ✕ | ✕ | 18,830 | 26,387 | ||
| Other undisclosed noncurrent assets | 40,551 | 76,710 | |||||||
| Total noncurrent assets: | 212,620 | 227,603 | 268,161 | 261,474 | 279,992 | 206,715 | |||
| TOTAL ASSETS: | 812,618 | 700,941 | 814,559 | 736,819 | 675,608 | 585,680 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 44,084 | 45,400 | 33,800 | 30,564 | 23,632 | 30,718 | |||
| Accounts payable | 988 | 2,808 | 1,296 | 731 | 848 | 5,588 | |||
| Accrued liabilities | 43,096 | 42,592 | 32,504 | 29,833 | 22,784 | 25,130 | |||
| Deferred revenue | 333,267 | 293,728 | 257,872 | 213,494 | ✕ | ||||
| Debt | 64 | 1,565 | |||||||
| Deferred revenue and credits | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 164,624 | ||
| Contract with customer, liability | ✕ | ✕ | ✕ | ✕ | ✕ | 192,172 | |||
| Other undisclosed current liabilities | 11,857 | 13,060 | 12,608 | 11,608 | 7,663 | ||||
| Total current liabilities: | 389,208 | 352,188 | 304,280 | 255,730 | 223,467 | 196,907 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation: | 35,914 | 45,700 | |||||||
| Liabilities, other than long-term debt | 55,236 | 59,624 | 37,651 | 30,907 | 21,323 | 30,784 | |||
| Deferred revenue and credits | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 20,423 | ||
| Deferred revenue | 31,671 | 23,490 | 32,753 | 30,540 | ✕ | ||||
| Contract with customer, liability | ✕ | ✕ | ✕ | ✕ | ✕ | 20,935 | |||
| Other liabilities | 6,680 | 7,013 | 4,898 | 367 | 388 | 10,361 | |||
| Operating lease, liability | 16,885 | 29,121 | 35,914 | 45,700 | ✕ | ||||
| Other undisclosed noncurrent liabilities | 44,015 | ||||||||
| Total noncurrent liabilities: | 55,236 | 59,624 | 73,565 | 76,607 | 65,338 | 30,784 | |||
| Total liabilities: | 444,444 | 411,812 | 377,845 | 332,337 | 288,805 | 227,691 | |||
| Equity | |||||||||
| Equity, attributable to parent | 368,174 | 289,129 | 436,714 | 404,482 | 386,803 | 357,989 | |||
| Common stock | 37 | 37 | 39 | 39 | 39 | 39 | |||
| Additional paid in capital | 597,921 | 512,486 | 477,323 | 401,359 | 362,408 | 330,572 | |||
| Accumulated other comprehensive income (loss) | (1,704) | (1,947) | 1,007 | (484) | 1,162 | (586) | |||
| Retained earnings (accumulated deficit) | (228,080) | (221,447) | (41,655) | 3,568 | 23,194 | 27,964 | |||
| Total equity: | 368,174 | 289,129 | 436,714 | 404,482 | 386,803 | 357,989 | |||
| TOTAL LIABILITIES AND EQUITY: | 812,618 | 700,941 | 814,559 | 736,819 | 675,608 | 585,680 | |||
Income Statement (P&L) ($ in thousands)
| 3/31/2024 TTM | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 554,458 | 489,723 | 411,172 | 362,963 | 321,607 | 278,889 | ||
| Cost of revenue | (107,485) | (102,788) | (89,439) | (79,226) | (69,517) | (66,185) | ||
| Gross profit: | 446,973 | 386,935 | 321,733 | 283,737 | 252,090 | 212,704 | ||
| Operating expenses | (283,904) | (256,388) | (234,050) | (187,083) | (179,837) | (162,343) | ||
| Operating income: | 163,069 | 130,547 | 87,683 | 96,654 | 72,253 | 50,361 | ||
| Nonoperating income | 15,582 | 3,153 | 1,714 | 5,383 | 7,730 | 5,107 | ||
| Investment income, nonoperating | 16,905 | 5,191 | 2,287 | 5,385 | 8,443 | 6,080 | ||
| Other nonoperating income (expense) | (1,323) | (2,038) | (573) | 7 | (801) | |||
| Interest and debt expense | (9) | (106) | (172) | |||||
| Other undisclosed income from continuing operations before equity method investments, income taxes | 9 | 106 | 172 | |||||
| Income from continuing operations before income taxes: | 178,651 | 133,700 | 89,397 | 102,037 | 79,983 | 55,468 | ||
| Income tax expense (benefit) | (27,056) | (25,708) | (18,437) | (10,465) | (10,647) | 1,836 | ||
| Income from continuing operations: | 151,595 | 107,992 | 70,960 | 91,572 | 69,336 | 57,304 | ||
| Income before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | 70,960 | 91,572 | 69,336 | 57,304 | |
| Net income available to common stockholders, diluted: | 151,595 | 107,992 | 70,960 | 91,572 | 69,336 | 57,304 | ||
Comprehensive Income ($ in thousands)
| 3/31/2024 TTM | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | ||
|---|---|---|---|---|---|---|---|---|
| Net income: | 151,595 | 107,992 | 70,960 | 91,572 | 69,336 | 57,304 | ||
| Comprehensive income: | 151,595 | 107,992 | 70,960 | 91,572 | 69,336 | 57,304 | ||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | 243 | (2,954) | 1,491 | (1,646) | 1,748 | (12) | ||
| Comprehensive income, net of tax, attributable to parent: | 151,838 | 105,038 | 72,451 | 89,926 | 71,084 | 57,292 | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.