Qualys (MEX:QLYS) Research & Development: MXN2,145 Mil (TTM As of Mar. 2026)


MEX:QLYS Qualys Inc MEX:QLYS
94 GF Score
Price MXN2,642.08
GF Value MXN3,597.79
! 1 Warning Sign
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What is Qualys Research & Development?

Qualys MEX:QLYS 94 Research & Development is MXN2,145 Mil as of Mar. 2026. GuruFocus rates MEX:QLYS with a GF Score™ of 94/100 and a GF Value™ of MXN3,597.79. The stock has 1 warning sign investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Qualys's Research & Development for the three months ended in Mar. 2026 was MXN523 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 was MXN2,145 Mil.

Qualys  (MEX:QLYS) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.

Qualys Research & Development Related Terms

Qualys Research & Development Historical Data

* Premium members only.

The historical data trend for Qualys's Research & Development 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.

Qualys Research & Development Chart

Qualys Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Research & Development
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,667.56 1,972.72 1,875.18 2,332.75 2,111.78

Qualys Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Research & Development 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 596.44 569.56 530.64 521.34 523.31
MEX:QLYS
94GF Score
Qualys Inc MEX:QLYS
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Qualys Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN2,145 Mil.

* 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.

Frequently Asked Questions Learn more about Research & Development →
What does a Research & Development of MXN2,145 Mil mean?
Qualys (MEX:QLYS) has a Research & Development of MXN2,145 Mil as of Mar. 2026. Research and development expense is the total cost for research and development activities. View historical data on Qualys and its competitors.
Is Qualys' Research & Development too high?
Qualys' current Research & Development is MXN2,145 Mil. Overall, Qualys has a GF Score™ of 94/100, reflecting its overall financial health beyond just this single metric.
How does Qualys' Research & Development compare to VRNS and BOX?
Qualys' Research & Development of MXN2,145 Mil can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Research & Development for a Software company?
A good Research & Development depends on the Software industry context. However, Research & Development should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Research & Development mean?
A high Research & Development can signal that a stock is expensive relative to its fundamentals. Research and development expense is the total cost for research and development activities. View historical data on Qualys and its competitors. Qualys's current Research & Development is MXN2,145 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Qualys stock overvalued right now?
Qualys (MEX:QLYS) has a current Research & Development of MXN2,145 Mil. The stock's GF Value™ is MXN3,597.79, compared to a current price of MXN2,642.08 — trading 26.6% below its estimated fair value. The current Research & Development is MXN2,145 Mil. Qualys' overall GF Score™ is 94/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Research & Development calculated?
Research & Development is calculated from a company's financial statements. For Qualys (MEX:QLYS), the current Research & Development is MXN2,145 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Qualys (MEX:QLYS) Overvalued in 2026?

Based on GuruFocus' analysis, Qualys stock appears to be undervalued. The current stock price of MXN2,642.08 is trading 26.6% below its estimated GF Value™ of MXN3,597.79.

Key valuation signals for MEX:QLYS:

  • Research & Development: MXN2,145 Mil
  • GF Value™: MXN3,597.79 vs. price of MXN2,642.08 (26.6% below fair value)
  • GF Score™: 94/100 with 1 warning sign

No single metric tells the full story. See the MEX:QLYS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Qualys Business Description

Address 919 E Hillsdale Boulevard, 4th Floor, Foster City, CA, USA, 94404
Qualys 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-size businesses. Qualys was founded in 1999 and went public in 2012.
94GF Score

Get the complete analysis for MEX:QLYS

Research & Development is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN2,642.08
Price
MXN3,597.79
GF Value