Qualys (QLYS) Earnings: Q3 2026 Results and Next Report Date

The quarter ended September 30, 2026 and Qualys published the results on November 9, 2026. Revenue and diluted EPS are shown against Q3 2025, the same quarter a year earlier, which takes seasonal swings out of the comparison. Qualys reports EPS two ways: GAAP, under the accounting rules every US filer follows, and non-GAAP, which leaves out items the company considers outside its operating results. The release reconciles the two, and when they diverge, the reconciliation says why.

• Qualys reports a single operating segment. The sales channel split (direct and partner) is from the revenue note in its 10-Q for the quarter.

Source: Qualys Q3 2026 results (Form 8-K, Exhibit 99.1), November 9, 2026. Also in the Form 10-Q for the quarter ended September 30, 2026. Figures as reported; checked against the release on November 10, 2026.

How Qualys splits revenue in its own release, under its own labels, for Q3 2026 against Q3 2025. Indented lines are parts of the line above them.

• Qualys's Direct revenue was $84.0 million in Q3 2026, down 2% from $85.7 million in Q3 2025, 45% of total revenue.
• Qualys's Partner revenue was $104 million in Q3 2026, up 24% from $84.2 million in Q3 2025, 55% of total revenue.

Segment lines are the figures writers cite most often, because they show where the growth in a quarter came from. Companies redraw their segments from time to time and restate the prior year to match, so a year-ago figure here can differ from the one printed a year ago. When that has happened, the note above says so.

From the earnings release

In its Q3 2026 release, Qualys said:

“Management expects revenues for the fourth quarter of 2026 to be in the range of $191.0 million to $193.0 million, representing 9% to 10% growth over the same quarter in 2025.”

“Non-GAAP net income per diluted share is expected to be in the range of $2.05 to $2.12, which assumes a non-GAAP effective income tax rate of 20%.”

“Management now expects revenues for the full year of 2026 to be in the range of $736.9 million to $738.9 million, representing 10% growth over 2025. This compares to the previous guidance range of $732.0 million to $738.0 million.”

“Non-GAAP net income per diluted share is now expected to be in the range of $8.07 to $8.14, up from the previous guidance range of $7.74 to $7.88.”

Source: Qualys Q3 2026 release, Nov 9, 2026.

This is the company's own guidance as of Nov 9, 2026, quoted as given. Walnut does not make forecasts of its own. Analyst estimates for the coming quarters are on the QLYS forecast page.

Revenue and diluted EPS for the last 5 quarters. Each date links to that quarter's release.

GAAP revenues and GAAP diluted net income per share, each as first reported in that quarter's release.

Qualys's next report is expected around February 2, 2027, a date estimated from its reporting history that the company has not yet confirmed. This page will show Q3 2026 until those results are out and have been checked against the release.

Each quarter keeps its own page with the figures as reported, so a link to one stays pointed at the same numbers after the next report.

• Q3 2026 (this page), reported Nov 9, 2026

Qualys reported revenues of $188.0 million in Q3 2026, up 11% from $169.9 million a year earlier. Qualys sells subscriptions to its cloud-based IT, security and compliance solutions delivered on the Enterprise TruRisk Platform, and its 10-Q says the $18.2 million increase was driven by increased demand for those subscription services. (Qualys Q3 2026 release (Form 8-K, Exhibit 99.1), Nov 9, 2026; Qualys Form 10-Q, Q3 2026, Nov 9, 2026)

Most of Qualys's growth came from customers it already had. Of the $18.2 million increase, 96% came from customers existing before July 1, 2026 and 4% from new customers added in the quarter. Its net dollar expansion rate was 105% at September 30, 2026, against 104% a year earlier. (Qualys Form 10-Q, Q3 2026, Nov 9, 2026)

Qualys is shifting sales to channel partners, which it calls a partner-first strategy. Partner revenue rose to $104.0 million from $84.2 million while direct revenue fell to $84.0 million from $85.7 million. Partners added $19.9 million of revenue against a $1.7 million decrease from direct, and partners were 55% of total revenue in the quarter. (Qualys Form 10-Q, Q3 2026, Nov 9, 2026)

Qualys's revenue is split between the United States, $102.5 million in the quarter, and foreign customers, $85.6 million. Customers in foreign countries supplied 62% of the year-over-year increase and the United States 38%. (Qualys Form 10-Q, Q3 2026, Nov 9, 2026)

Qualys's GAAP net income rose 14% to $57.2 million in Q3 2026, or $1.62 per diluted share, against $50.3 million, or $1.39 per diluted share, a year earlier. Non-GAAP net income was $74.8 million, or $2.12 per diluted share, against $1.86. (Qualys Q3 2026 release (Form 8-K, Exhibit 99.1), Nov 9, 2026)

The gap between Qualys's GAAP and non-GAAP figures is mostly stock-based compensation, $20.2 million in the quarter, plus $619 thousand of amortization of intangible assets, less a $3.2 million tax adjustment. Qualys applies a non-GAAP effective income tax rate of 20% in 2026. Its GAAP income tax provision was $15.5 million on pretax income of $72.7 million. (Qualys Q3 2026 release (Form 8-K, Exhibit 99.1), Nov 9, 2026)

Buybacks lowered Qualys's share count. Diluted weighted average shares were 35.3 million against 36.3 million a year earlier. Over the first nine months of 2026 Qualys repurchased 1,632 thousand shares for about $184.4 million, and $176.1 million remained available under its repurchase program at September 30, 2026. (Qualys Q3 2026 release (Form 8-K, Exhibit 99.1), Nov 9, 2026; Qualys Form 10-Q, Q3 2026, Nov 9, 2026)

Diluted EPS divides net income by the weighted average number of shares outstanding in the quarter, plus the shares that options and other equity awards could add. Buybacks shrink that count and lift EPS for the same profit; share issuance and stock awards enlarge it.

Qualys gives a numeric outlook in its release. For Q4 2026 it expects revenues of $191.0 million to $193.0 million, GAAP net income per diluted share of $1.57 to $1.64 and non-GAAP net income per diluted share of $2.05 to $2.12, based on about 35.5 million weighted average diluted shares. (Qualys Q3 2026 release (Form 8-K, Exhibit 99.1), Nov 9, 2026)

Qualys raised its full-year 2026 revenue range to $736.9 million to $738.9 million from $732.0 million to $738.0 million, and its non-GAAP net income per diluted share range to $8.07 to $8.14 from $7.74 to $7.88. The GAAP range rose to $6.08 to $6.15 from $5.76 to $5.90. (Qualys Q3 2026 release (Form 8-K, Exhibit 99.1), Nov 9, 2026)

A consensus figure is the average of the models published by the analysts who cover Qualys, collected by a data provider and revised up to the day of the report. A quarter that lands above it says how expectations were set as much as how the business did, and the share price on the day also reflects the guidance and the lines no consensus covers.

The consensus figures on this page are Yahoo Finance's, as pulled on the date shown. Each comes with the number of analysts behind it; the smaller that number, the more one revised estimate can move the average.

The figures below are the ones Qualys's own release and filings put weight on for Q3 2026, with the latest reported value for each.

What the quarter means for a holding is a separate question from what it reported. The case for and against owning QLYS is on is QLYS a buy or a sell?, what analysts expect next is on the QLYS forecast, and what the company does is on the Qualys (QLYS) stock page.

Every number on this page can be traced to a document Qualys published. Checking one takes a couple of minutes, and it is worth doing before you quote a figure anywhere.

• The results release is the document linked in the source line above. Companies publish it on their investor relations site at the moment results go out, and it carries the headline tables: revenue, operating income, net income and EPS for the quarter and the year-ago quarter.
• The same release is filed with the SEC as Exhibit 99.1 to a Form 8-K under Item 2.02, usually on the day of the report. The SEC copy does not change after the fact, which makes it the safer thing to link when you cite a number.
• The quarterly report (Form 10-Q) follows within a few weeks and carries the full financial statements, the segment note and management's discussion of what changed. The fourth quarter is covered by the annual report (Form 10-K) instead.
• Restated comparisons are flagged in the notes on this page. When a company redraws its segments or changes how it adjusts EPS, it restates the year-ago column, so the year-ago figure in a new release can differ from the one printed a year ago. This page always uses the comparison in the newer release, because that is the like-for-like one.

A walk-through of every line in a release, with what each one tells you, is in how to read an earnings report.