Q4 2025 Qualys Inc Earnings Call Transcript
Key Points
- Qualys Inc (QLYS) reported strong revenue growth of 10% for the full year 2025, reaching $669.1 million.
- The company achieved an adjusted EBITDA margin of 47%, highlighting its financial discipline and scalable business model.
- Qualys Inc (QLYS) expanded its ETM platform and introduced an agentic AI risk management marketplace, enhancing its competitive differentiation.
- The company saw a significant increase in partner-led deal registration, reflecting deeper alignment and execution across its channel.
- Qualys Inc (QLYS) announced a $200 million increase in its share repurchase program, bringing the total available amount to $360.5 million, demonstrating confidence in its financial position.
- The net dollar expansion rate declined slightly to 103% in Q4 2025, down from 104% in the previous quarter.
- Current billings growth for 2025 was 8%, slightly lower than the 9% posted in 2024, indicating a potential slowdown in growth momentum.
- The company anticipates a revenue growth rate of 7% to 8% for 2026, which is lower than the 10% growth achieved in 2025.
- Qualys Inc (QLYS) faces challenges in accelerating ETM adoption, with early adoption being positive but not yet at an inflection point.
- The competitive landscape is evolving, with ServiceNow's acquisition of Armis potentially impacting market dynamics.
Ladies and gentlemen, thank you for standing by. Welcome to Qualys' fourth-quarter 2025 investor call. (Operator Instructions) Please be advised at today's conference is being recorded.
I would now like to turn the conference over to Blair King, Investor Relations. Please go ahead.
Thank you, Michelle, and good afternoon, and welcome to Qualys' fourth-quarter 2025 earnings call. Joining me today to discuss our results are Sumedh Thakar, President and CEO; and Joo Mi Kim, our CFO.
Before we get started, I'd like to remind you that our remarks today will include forward-looking statements that generally relate to our future events or future financial and operating performance. Actual results may differ materially from these statements. Factors that could cause results to differ materially are set forth in today's press release and our filings with the SEC, including our latest Form 10-Q and 10-K. Any forward-looking statements that we make
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
Trustpilot
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
