Filing Flows › Qualys (QLYS) › Q2 2026
Qualys (QLYS) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 4, 2026
Qualys (QLYS) reported revenue of $182M for the second quarter 2026 (Q2 2026), +11% from a year earlier and +4% from the quarter before. Operating margin was 34.0%, net earnings $52.4M (28.8% of revenue).
Qualys, Q2 2026: revenue $182M (+11% year over year), operating margin 34.0%, net earnings $52.4M, operating cash flow $59.6M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $182M | +4% | +11% |
| Gross profit | $152M | +4% | +12% |
| Operating profit | $61.9M | +2% | +20% |
| Net earnings | $52.4M | +3% | +11% |
| Operating cash flow | $59.6M | -37% | +77% |
| Free cash flow | $55.9M | -40% | +72% |
What changed
Revenue was $182.2M in Q2 2026, up 11% year over year and up 4% from the previous quarter.
Gross margin was 83.4%, up 1.0 points from Q2 2025. Operating profit was $61.9M, a 34.0% margin (up 2.6 points year over year). Of the extra revenue versus Q2 2025, 58% reached operating profit, above the 31% margin then. Operating expenses grew 7% against revenue growth of 11%. The fastest-growing cost line was Sales & marketing (+15%). Net earnings were $52.4M, up 11% year over year. The effective tax rate was 21.9%.
Operating cash flow was $59.6M (up 77% year over year), 114% of net earnings. Non-cash charges added back $3.1M of depreciation and amortization and $18.8M of share-based compensation. Working capital and other items used $14.7M. Capital expenditures of $3.7M left free cash flow of $55.9M.
Questions
What was Qualys' revenue in the second quarter 2026?
Qualys (QLYS) reported revenue of $182M for the second quarter 2026 (Q2 2026), +11% from a year earlier and +4% from the quarter before.
Was Qualys profitable in the second quarter 2026?
Operating profit was $61.9M (34.0% of revenue) and net earnings $52.4M.
Source: Qualys 10-Q on SEC EDGAR.