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Qualys (QLYS) investor relations material
Qualys Q3 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Achieved 10% year-over-year revenue growth in Q3 2025, reaching $169.9 million, driven by innovation in AI-powered risk management, platform adoption, and strong customer demand across direct and partner channels.
Raised full-year 2025 revenue guidance to $665.8–$667.8 million, reflecting confidence in continued growth and market expansion.
Secured FedRAMP High Authorization for GovCloud Platform, expanding federal market reach and supporting strategic wins in government and international sectors.
Launched AI-powered agents marketplace, received multiple industry awards, and continued investment in automation, AI/ML, and platform innovation.
Serving a blue-chip global customer base, including 72% of Forbes Global 50 and over 10,000 subscription customers.
Financial highlights
Q3 2025 revenue grew 10% year-over-year to $169.9 million; YTD Q3 2025 revenue reached $494 million.
Adjusted EBITDA was $82.6 million for Q3 (49% margin), with YTD adjusted EBITDA at $230.8 million (47% margin).
Net income for Q3 2025 was $50.3 million; YTD net income was $145.2 million, with a 30% net margin.
Free cash flow for Q3 2025 was $89.5 million (53% margin); YTD free cash flow was $229.5 million (46% margin).
Channel partner revenue rose 17%, now comprising 50% of total revenue; international revenue grew 15%, with a US/international mix of 56%/44%.
Outlook and guidance
FY2025 revenue guidance raised to $665.8–$667.8 million (10% growth); Q4 revenue expected at $172–$174 million (8–9% growth).
FY2025 EPS guidance increased to $6.93–$7.00 (non-GAAP); Q4 EPS expected at $1.73–$1.80.
FY2025 EBITDA margin expected in mid-to-high 40s; free cash flow margin in low 40s.
FY2025 capital expenditures projected at $5.5–$7 million.
FY2025 billings growth expected at 8%.
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