Last 47 quarters of trend data · Technology · Software - Infrastructure
Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.
Qualys, Inc.'s quarterly P/E stands at 23.8x, down 8.1% year-over-year. EV/EBITDA has compressed 21.0% YoY to 18.3x, reflecting multiple compression or accelerating EBITDA.
| Metric | TTM | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E Ratio → | 19.89 | 23.80 | 27.69 | 24.41 | 29.46 | 25.90 | 30.47 | 39.73 | 45.44 | 30.76 | 33.99 | 42.21 | 37.92 |
| — | -8.1% | -9.1% | -38.6% | -35.2% | -15.8% | -10.4% | -5.9% | +19.8% | -37.3% | -27.8% | -24.1% | -39.2% | |
| P/S Ratio | 5.47 | 7.07 | 7.95 | 7.24 | 8.15 | 7.75 | 8.98 | 10.79 | 12.81 | 10.06 | 8.81 | 9.37 | 8.25 |
| — | -8.8% | -11.5% | -32.9% | -36.4% | -22.9% | +1.9% | +15.2% | +55.3% | -7.6% | -15.6% | -25.4% | -34.0% | |
| P/B Ratio | 7.24 | 9.07 | 10.27 | 9.30 | 10.87 | 10.61 | 12.49 | 15.57 | 20.12 | 17.69 | 17.46 | 18.29 | 14.94 |
| — | -14.5% | -17.8% | -40.3% | -46.0% | -40.0% | -28.5% | -14.8% | +34.7% | +14.9% | +38.4% | +37.0% | +18.8% | |
| P/FCF | 14.33 | 13.42 | 40.20 | 10.77 | 30.97 | 20.70 | 27.37 | 18.86 | 57.32 | 15.76 | 24.13 | 19.50 | 33.35 |
| — | -35.2% | +46.9% | -42.9% | -46.0% | +31.3% | +13.4% | -3.3% | +71.9% | -53.0% | -41.6% | -2.2% | -14.1% | |
| EV / EBITDA | 15.24 | 18.34 | 22.93 | 19.62 | 23.37 | 23.22 | 24.18 | 30.29 | 38.22 | 27.52 | 23.50 | 27.82 | 26.49 |
| — | -21.0% | -5.2% | -35.2% | -38.8% | -15.6% | +2.9% | +8.9% | +44.3% | -13.9% | -20.7% | -15.1% | -25.1% | |
| EV / EBIT | 16.75 | 17.74 | 24.70 | 21.21 | 25.31 | 25.49 | 26.59 | 33.84 | 43.61 | 31.75 | 27.34 | 33.71 | 34.13 |
| — | -30.4% | -7.1% | -37.3% | -42.0% | -19.7% | -2.8% | +0.4% | +27.8% | -20.3% | -26.8% | -18.9% | -25.0% |
Quarterly margins and returns. Watch for margin compression across consecutive quarters.
Qualys, Inc.'s operating margin was 35.3% in Q3 2025, up 4.0 pp QoQ and up 6.1 pp YoY. The trailing four-quarter average of 32.5% lags the current quarter, suggesting the recent improvement is above-trend.
| Metric | TTM | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 81.7% | 83.6% | 82.4% | 81.9% | 81.8% | 81.3% | 82.2% | 81.3% | 81.2% | 81.2% | 80.6% | 79.4% | 78.8% |
| — | +2.9% | +0.2% | +0.7% | +0.6% | +0.1% | +2.1% | +2.5% | +3.1% | +2.4% | +1.8% | +0.7% | +0.5% | |
| Operating Margin | 30.8% | 35.3% | 31.3% | 32.4% | 31.0% | 29.2% | 32.3% | 30.7% | 28.7% | 30.7% | 31.2% | 26.9% | 23.4% |
| — | +20.8% | -3.1% | +5.4% | +8.2% | -4.8% | +3.6% | +14.0% | +22.4% | +15.6% | +13.4% | -9.0% | -11.4% | |
| Net Margin | 28.6% | 29.6% | 28.8% | 29.7% | 27.6% | 30.0% | 29.4% | 27.2% | 28.1% | 32.8% | 25.8% | 22.3% | 21.6% |
| — | -1.3% | -2.1% | +9.1% | -1.6% | -8.3% | +14.1% | +22.4% | +29.7% | +48.7% | +16.2% | -0.6% | +8.9% |
| Metric | TTM | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 41.1% | 9.7% | 9.4% | 9.7% | 9.5% | 10.5% | 10.5% | 10.3% | 11.7% | 15.5% | 13.0% | 10.5% | 8.8% |
| — | -7.9% | -10.7% | -5.2% | -19.2% | -32.1% | -19.0% | -1.6% | +33.6% | +110.8% | +101.1% | +77.6% | +69.2% | |
| ROA | 19.4% | 5.0% | 4.7% | 4.8% | 4.7% | 5.2% | 5.0% | 4.7% | 5.2% | 6.4% | 5.1% | 4.2% | 3.9% |
| — | -4.3% | -5.9% | +1.7% | -10.0% | -18.7% | -1.4% | +12.2% | +32.7% | +76.8% | +54.0% | +35.5% | +40.8% | |
| ROIC | 57.8% | 12.3% | 12.3% | 14.2% | 13.4% | 14.7% | 19.7% | 18.6% | 18.3% | 24.1% | 26.9% | 19.5% | 12.8% |
| — | -16.0% | -37.5% | -23.7% | -27.0% | -38.9% | -26.8% | -4.8% | +42.9% | +150.1% | +240.0% | +153.6% | +92.7% |
Quarterly solvency trend — watch for debt spikes or covenant pressure.
Qualys, Inc.'s Debt/EBITDA ratio is 0.9x, down from 1.0x last quarter — comfortably within a safe range.
| Metric | TTM | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.10 | 0.10 | 0.11 | 0.10 | 0.10 | 0.11 | 0.12 | 0.09 | 0.08 | 0.10 | 0.13 | 0.15 | 0.15 |
| — | -2.6% | -7.8% | +4.4% | +26.8% | +7.0% | -5.8% | -35.5% | -46.5% | -11.8% | +16.1% | +36.5% | +31.3% | |
| Debt / EBITDA | 0.23 | 0.86 | 1.00 | 0.87 | 0.88 | 0.96 | 0.96 | 0.76 | 0.61 | 0.64 | 0.70 | 0.91 | 1.07 |
| — | -10.4% | +4.5% | +14.9% | +45.3% | +51.8% | +37.2% | -17.0% | -43.1% | -33.7% | -32.4% | -14.5% | -16.0% | |
| Current Ratio | 1.37 | 1.38 | 1.30 | 1.39 | 1.37 | 1.38 | 1.44 | 1.55 | 1.54 | 1.52 | 1.38 | 1.32 | 1.34 |
| — | +0.1% | -9.3% | -10.0% | -11.3% | -9.0% | +4.3% | +17.6% | +14.7% | -3.0% | -18.3% | -26.8% | -25.2% | |
| Quick Ratio | 1.37 | 1.38 | 1.30 | 1.39 | 1.37 | 1.38 | 1.44 | 1.55 | 1.54 | 1.52 | 1.38 | 1.32 | 1.34 |
| — | +0.1% | -9.3% | -10.0% | -11.3% | -9.0% | +4.3% | +17.6% | +14.7% | -3.0% | -18.3% | -26.8% | -25.2% | |
| Interest Coverage | — | — | — | — | — | — | — | — | — | — | — | — | — |
| — | — | — | — | — | — | — | — | — | — | — | — | — |
Includes 30+ ratios · 47 years · Updated daily
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Start ComparisonQualys, Inc.'s current P/E is 19.9x. The average P/E over the last 4 quarters is 26.3x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.
Qualys, Inc.'s current operating margin is 30.8%. Margins have been expanding over recent quarters. Quarterly margins are particularly useful for identifying trend inflections that annual data smooths over.
Quarterly financial ratios reveal short-term trend shifts — margin compression, debt spikes, or valuation re-ratings — that annual figures smooth over. They're essential for active investors tracking Qualys, Inc.'s business trajectory between earnings reports.