Filing Flows › Qualys (QLYS) › Q3 2026
Qualys (QLYS) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 9, 2026
Qualys (QLYS) reported revenue of $188M for the third quarter 2026 (Q3 2026), +11% from a year earlier and +3% from the quarter before. Operating margin was 35.3%, net earnings $57.2M (30.4% of revenue).
Qualys, Q3 2026: revenue $188M (+11% year over year), operating margin 35.3%, net earnings $57.2M, operating cash flow $102M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $188M | +3% | +11% |
| Gross profit | $157M | +3% | +10% |
| Operating profit | $66.3M | +7% | +11% |
| Net earnings | $57.2M | +9% | +14% |
| Operating cash flow | $102M | +71% | +13% |
| Free cash flow | $100M | +79% | +12% |
What changed
Revenue was $188.0M in Q3 2026, up 11% year over year and up 3% from the previous quarter.
Gross margin was 83.3%, down 0.3 points from Q3 2025. Operating profit was $66.3M, a 35.3% margin (unchanged year over year). Of the extra revenue versus Q3 2025, 35% reached operating profit, below the 35% margin then. Operating expenses grew 10% against revenue growth of 11%. The fastest-growing cost line was Sales & marketing (+16%). Net earnings were $57.2M, up 14% year over year. The effective tax rate was 21.3%.
Operating cash flow was $101.8M (up 13% year over year), 178% of net earnings. Non-cash charges added back $3.4M of depreciation and amortization and $20.2M of share-based compensation. Working capital and other items added $21.0M. Capital expenditures of $1.8M left free cash flow of $100.0M.
Questions
What was Qualys' revenue in the third quarter 2026?
Qualys (QLYS) reported revenue of $188M for the third quarter 2026 (Q3 2026), +11% from a year earlier and +3% from the quarter before.
Was Qualys profitable in the third quarter 2026?
Operating profit was $66.3M (35.3% of revenue) and net earnings $57.2M.
Source: Qualys 10-Q on SEC EDGAR.