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Qualys (Qualys) Gross Profit : $447.0 Mil (TTM As of Dec. 2023)


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What is Qualys Gross Profit?

Qualys's gross profit for the three months ended in Dec. 2023 was $117.4 Mil. Qualys's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was $447.0 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Qualys's gross profit for the three months ended in Dec. 2023 was $117.4 Mil. Qualys's Revenue for the three months ended in Dec. 2023 was $144.6 Mil. Therefore, Qualys's Gross Margin % for the quarter that ended in Dec. 2023 was 81.23%.

Qualys had a gross margin of 81.23% for the quarter that ended in Dec. 2023 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Qualys was 80.61%. The lowest was 76.27%. And the median was 78.29%.


Qualys Gross Profit Historical Data

The historical data trend for Qualys's Gross Profit can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Qualys Gross Profit Chart

Qualys Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 252.09 283.74 321.73 386.94 446.97

Qualys Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 103.10 103.73 110.55 115.26 117.44

Competitive Comparison of Qualys's Gross Profit

For the Software - Infrastructure subindustry, Qualys's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Qualys's Gross Profit Distribution in the Software Industry

For the Software industry and Technology sector, Qualys's Gross Profit distribution charts can be found below:

* The bar in red indicates where Qualys's Gross Profit falls into.



Qualys Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Qualys's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as

Gross Profit (A: Dec. 2023 )=Revenue - Cost of Goods Sold
=554.458 - 107.485
=447.0

Qualys's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=144.57 - 27.13
=117.4

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $447.0 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Qualys's Gross Margin % for the quarter that ended in Dec. 2023 is calculated as

Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=117.4 / 144.57
=81.23 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Qualys  (NAS:QLYS) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Qualys had a gross margin of 81.23% for the quarter that ended in Dec. 2023 => Durable competitive advantage


Qualys Gross Profit Related Terms

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Qualys (Qualys) Business Description

Traded in Other Exchanges
Address
919 East Hillsdale Boulevard, 4th Floor, Foster City, CA, USA, 94404
Qualys Inc. is a cloud security and compliance solutions provider that helps businesses identify and manage their security risks and compliance requirements. The California-based company has more than 10,000 customers worldwide, the majority of which are small- and medium-sized businesses. Qualys was founded in 1999 and went public in 2012.
Executives
Bruce K Posey officer: VP, GC and Corp. Sec. 919 E HILLSDALE BLVD, FOSTER CITY CA 94404
Sumedh S Thakar officer: VP, Engineering C/O QUALYS, INC., 919 E HILLSDALE BLVD, FOSTER CITY CA 94404
Joo Mi Kim officer: Chief Financial Officer C/O QUALYS, INC., 919 E. HILLSDALE BLVD., FOSTER CITY CA 94404
Wendy Pfeiffer director C/O QUALYS, INC., 919 E. HILLSDALE BOULEVARD, FOSTER CITY CA 94404
Thomas Berquist director 500 ARGUELLO STREET, SUITE 200, REDWOOD CITY CA 94063
Jeffrey P Hank director C/O INTUIT INC., PO BOX 7850, MOUNTAIN VIEW CA 94039
Allan Peters officer: Chief Revenue Officer C/O QUALYS, INC., 919 E. HILLSDALE BLVD., FOSTER CITY CA 94404
Kristi Marie Rogers director 802 MEADOWLARK, HOWELL MI 48843
Arjet Skenduli officer: Chief Accounting Officer 919 E. HILLSDALE BLVD., FOSTER CITY CA 94404
William Berutti director 140 KENDRICK STREET, NEEDHAM MA 02494
Philippe Courtot Family Trust 10 percent owner C/O QUALYS, INC., 919 E. HILLSDALE BLVD., FOSTER CITY CA 94404
Saikat Paul officer: Chief Accounting Officer 919 E. HILLSDALE BLVD., FOSTER CITY CA 94404
Sandra K Bergeron director C/O NETEGRITY INC, 201 JONES RD, WALTHAM MA 02451
Philippe F Courtot director, 10 percent owner, officer: Chairman, President & CEO 1600 BRIDGE PARKWAY, REDWOOD CITY CA 94065
Peter Pace director C/O AAR CORP., 1100 N. WOOD DALE ROAD, WOOD DALE IL 60191