Qualys, Inc. (QLYS): A Bull Case Theory

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Qualys, Inc. (QLYS) is simply a starring supplier of cloud-based IT information and compliance solutions, offering a broad level that helps organizations place vulnerabilities, guarantee regulatory compliance, and support integer assets. Founded successful 1999, the institution operates a cloud-native level with flagship offerings specified arsenic Vulnerability Management, Detection and Response (VMDR), a Cloud Agent Platform, Web Application Scanning, Container Security, Cloud Security Posture Management, and Endpoint Detection and Response. These solutions supply real-time visibility and automated hazard mitigation crossed divers IT environments, making Qualys a captious spouse for organizations navigating analyzable cybersecurity challenges.

The cybersecurity market, presently valued astatine $273.5 cardinal successful 2024 and expected to turn to $600 cardinal by 2030, is being driven by rising cyber threats, unreality adoption, regulatory pressures, integer transformation, and a shortage of skilled cybersecurity professionals. Qualys is well-positioned to capitalize connected these trends done its subscription-based gross model, which ensures unchangeable and predictable income, beardown lawsuit retention, and recurring growth.

In 2024, the institution generated $608 cardinal successful revenue, achieving 12% growth, with gross margins supra 80% and operating and nett income margins of 28%. Free currency travel reached $232 million, oregon 38% of revenue, reflecting operational ratio and providing flexibility for R&D, strategical acquisitions, oregon shareholder returns.

Qualys’ beardown profitability, robust currency generation, and integrated cloud-native level marque it a compelling concern accidental successful a rapidly expanding industry. While contention and evolving threats airs challenges, the company’s scalable model, precocious margins, and captious relation successful integer information make a favorable risk/reward profile. With marketplace conditions presenting an charismatic introduction point, QLYS offers investors vulnerability to semipermanent maturation successful cybersecurity with durable operational and fiscal strength.

Previously we covered a bullish thesis connected Qualys, Inc. (QLYS) by Na’s Substack successful May 2025, which highlighted the company’s beardown SaaS-based recurring revenue, precocious profitability, and escaped currency travel generation. The company's banal terms has appreciated astir by 11.06% since our coverage. The thesis inactive stands arsenic Qualys remains a starring cloud-native cybersecurity provider. Asymmetric Edge shares a akin position but emphasizes broader marketplace trends and level offerings.