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QUALYS, INC. (QLYS)

Income Statement Geographic

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsDec-31-22Dec-31-21Dec-31-20Dec-31-19Dec-31-18Dec-31-17Dec-31-16Dec-31-15
   10-K10-K10-K10-K10-K10-K10-K10-K
Revenues:  
    United States  292.3252.4229.5206.6185.9162.7 115.4
    Foreign  197.4158.7133.5115.193.068.1 48.9
Total revenues  489.7411.2363.0321.6278.9230.8197.9164.3
            Revenue growth   [+]19.1%13.3%12.9%15.3%20.8%16.6%20.5%23.0%
Cost of goods sold  102.889.479.269.566.251.643.134.3
Gross profit  386.9321.7283.7252.1212.7179.2154.8130.0
            Gross margin  79.0%78.2%78.2%78.4%76.3%77.7%78.2%79.1%
Selling, general and administrative   [+]155.2152.8114.5111.6109.199.288.174.7
Research and development  101.281.372.568.253.342.836.630.4
Adjusted EBITDA  218.6191.2169.5138.3109.484.867.356.7
            Adjusted EBITDA margin  44.6%46.5%46.7%43.0%39.2%36.8%34.0%34.5%
Stock-based compensation  53.467.640.034.930.127.020.117.5
EBITDA   [+]165.2123.6129.5103.579.357.947.139.2
            EBITDA margin  33.7%30.1%35.7%32.2%28.4%25.1%23.8%23.8%
Depreciation  28.929.226.525.125.219.917.014.4
EBITA  136.294.4103.078.454.137.930.124.8
            EBITA margin  27.8%23.0%28.4%24.4%19.4%16.4%15.2%15.1%
Amortization of intangibles  5.76.76.36.13.70.7  
EBIT   [+]130.587.796.772.350.437.230.124.8
            EBIT margin  26.7%21.3%26.6%22.5%18.1%16.1%15.2%15.1%
Interest income, net   [+]5.22.35.48.35.92.71.30.6
Other income (expense), net  -2.0-0.60.0-0.6-0.8-0.5-1.0-0.9
Pre-tax income  133.789.4102.080.055.539.430.424.5
Income taxes  25.718.410.510.6-1.8-1.111.28.7
            Tax rate  19.2%20.6%10.3%13.3%  36.8%35.3%
Net income  108.071.091.669.357.340.419.215.9
            Net margin  22.1%17.3%25.2%21.6%20.5%17.5%9.7%9.7%
   
Basic EPS   [+]$2.81$1.82$2.34$1.77$1.47$1.08$0.55$0.47
Diluted EPS   [+]$2.74$1.77$2.25$1.68$1.37$1.01$0.50$0.42
   
Shares outstanding (basic)   [+]38.539.039.239.138.937.435.234.1
Shares outstanding (diluted)   [+]39.340.140.741.341.940.138.438.2
   
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.  

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