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Qualys QLYS

Qualys scores excellent on business quality (8.1 of 10). Here is why, in plain words, and what our sealed record shows.

Last price$202.42Oct 10, 2026
Business qualityExcellent
Next earningsNov 4, 2026, after the close
Insiders, 90 daysQuiet

Why it matters

  1. What Qualys does

    Qualys sells cloud-based IT security and compliance solutions, charging enterprises subscription fees to monitor vulnerabilities and secure their infrastructure. The company is leaning into expanding its cloud agent platform capabilities to capture more security budgets from large corporate customers.

  2. What it does best

    Qualys dominates in cash conversion, posting a free cash flow margin in the top decile of its sector at 97%. This cash machine is protected by deep enterprise integration that makes ripping out its security agents nearly impossible for IT teams.

  3. The main risk

    Valuation disconnect remains the most acute risk as the share price trades at 193.00 against an intrinsic value of 143.01, leaving zero room for execution errors if enterprise security spending slows down.

Quality, check by check

Scored against its own industry, from company filings.

ProfitabilityStrong

Operating margins hit 34.4% and net margins reached 29.5%, demonstrating that the business scales efficiently with every new enterprise subscription added.

MoatStrong

An 83.4% gross margin sits in the top decile of its sector, locking in enterprise customers through sticky cloud infrastructure agents that rivals cannot easily displace.

GrowthSteady

Revenue grew 10.0% to $703M, a steady pace that sits in the middle of the pack for its sector and tracks slightly below its historical expansion rate.

Financial healthStrong

The balance sheet carries zero debt and $446M in net cash, fueling $314M in free cash flow: an ultra-fortress position that is getting steadily stronger.

Insiders

Executives and directors, from SEC Form 4 filings we read ourselves. Open market trades only; grants, option exercises and pre-planned sales left out.

No open market buys or unplanned sales by executives or directors.

Our sealed record on QLYS

Verdicts appear here 30 days after we publish them; members see today's. Each one is in the nightly ledger, fingerprinted the night it was made.

The first sealed verdicts appear here on Oct 11, 2026.

Questions

Is QLYS a good business?

Qualys scores excellent on the Cluenex quality check (8.1 of 10), measured against its own industry. Profitability is strong, moat strong, growth steady and financial health strong.

Are insiders buying QLYS?

In the last 90 days of SEC Form 4 filings: No open market buys or unplanned sales by executives or directors.

When does QLYS report earnings?

Nov 4, 2026, after the close.

For members

See QLYS today

  • Today's verdict on QLYS, and why
  • Fair value with cautious, base and optimistic cases
  • The exact price that would change the verdict
  • Which stocks each signal names, the night it fires
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Cite this page: Cluenex, “Qualys (QLYS)”, https://cluenex.com/stocks/qlys/, data as of Oct 10, 2026.