Qualys (QLYS) Operating Expenses (2011 - 2026)
Qualys (QLYS) reported Operating Expenses of $84.8 million for Q1 2026, up 7.0% on a YoY basis from $79.2 million in Q1 2025, and down 2.88% quarter-over-quarter from $87.3 million in Q4 2025.
Qualys (QLYS) Operating Expenses (2011 - 2026) Analysis & Trends
Qualys has reported Operating Expenses for 16 years, with the latest figure at $84.8 million in Q1 2026.
- For the quarter ending Q1 2026, Operating Expenses rose 7.0% year-over-year to $84.8 million; the trailing twelve-month figure through Mar 2026 stood at $338.0 million (up 7.54% YoY), and the FY2025 full-year result was $332.4 million, up 7.61% from the prior year.
- Operating Expenses for Q1 2026 stood at $84.8 million, down from $87.3 million in the prior quarter.
- The five-year high for Operating Expenses was $87.3 million in Q4 2025, with the low at $55.9 million in Q1 2022.
- Historically, Operating Expenses has averaged $74.5 million across 5 years, with a median of $74.2 million in 2024.
- The largest YoY upside for Operating Expenses was 31.19% in 2022 against a maximum downside of 28.15% in 2022.
- Qualys' Operating Expenses stood at $72.4 million in 2022, then grew by 4.89% to $76.0 million in 2023, then climbed by 6.28% to $80.7 million in 2024, then grew by 8.1% to $87.3 million in 2025, then retreated by 2.88% to $84.8 million in 2026.
- The last three Operating Expenses figures came in at $84.8 million (Q1 2026), $87.3 million (Q4 2025), and $82.1 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,998.30 Bn | 2,920.03 Bn | 56.06 Bn | 10.85 Bn |
| 2 | Alarum Technologies | 1,040.72 Bn | 1,026.57 Bn | 7.23 Mn | 6.42 Mn |
| 3 | Oracle | 590.32 Bn | 551.74 Bn | 15.14 Bn | 11.73 Bn |
| 4 | Palantir Technologies | 316.31 Bn | 308.39 Bn | 1.42 Bn | 662.79 Mn |
| 5 | Palo Alto Networks | 181.17 Bn | 176.63 Bn | 1.91 Bn | 1.51 Bn |
| 6 | CrowdStrike Holdings | 161.69 Bn | 158.63 Bn | 993.68 Mn | 979.89 Mn |
| 7 | Fortinet | 102.35 Bn | 99.06 Bn | 1.49 Bn | 905.10 Mn |
| 8 | Synopsys | 88.25 Bn | 88.13 Bn | 1.77 Bn | 1.57 Bn |
| 9 | Cloudflare | 83.26 Bn | 82.32 Bn | 455.60 Mn | 517.59 Mn |
| 10 | Qualys | 3.91 Bn | 3.44 Bn | 145.65 Mn | 84.76 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 84.76 Mn |
| Dec 31, 2025 | 87.28 Mn |
| Sep 30, 2025 | 82.13 Mn |
| Jun 30, 2025 | 83.78 Mn |
| Mar 31, 2025 | 79.22 Mn |
| Dec 31, 2024 | 80.74 Mn |
| Sep 30, 2024 | 80.08 Mn |
| Jun 30, 2024 | 74.23 Mn |
| Mar 31, 2024 | 73.85 Mn |
| Dec 31, 2023 | 75.97 Mn |
| Sep 30, 2023 | 71.66 Mn |
| Jun 30, 2023 | 67.72 Mn |
| Mar 31, 2023 | 68.55 Mn |
| Dec 31, 2022 | 72.43 Mn |
| Sep 30, 2022 | 66.22 Mn |
| Jun 30, 2022 | 61.85 Mn |
| Mar 31, 2022 | 55.88 Mn |
| Dec 31, 2021 | 57.00 Mn |
| Sep 30, 2021 | 50.48 Mn |
| Jun 30, 2021 | 48.79 Mn |