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Qualys (Qualys) Gross Margin % : 81.23% (As of Dec. 2023)


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What is Qualys Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Qualys's Gross Profit for the three months ended in Dec. 2023 was $117.4 Mil. Qualys's Revenue for the three months ended in Dec. 2023 was $144.6 Mil. Therefore, Qualys's Gross Margin % for the quarter that ended in Dec. 2023 was 81.23%.


The historical rank and industry rank for Qualys's Gross Margin % or its related term are showing as below:

QLYS' s Gross Margin % Range Over the Past 10 Years
Min: 76.27   Med: 78.29   Max: 80.61
Current: 80.61


During the past 13 years, the highest Gross Margin % of Qualys was 80.61%. The lowest was 76.27%. And the median was 78.29%.

QLYS's Gross Margin % is ranked better than
87.54% of 2624 companies
in the Software industry
Industry Median: 41.67 vs QLYS: 80.61

Qualys had a gross margin of 81.23% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Qualys was 0.90% per year.


Qualys Gross Margin % Historical Data

The historical data trend for Qualys's Gross Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Qualys Gross Margin % Chart

Qualys Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 78.38 78.17 78.25 79.01 80.61

Qualys Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 78.79 79.37 80.57 81.17 81.23

Competitive Comparison of Qualys's Gross Margin %

For the Software - Infrastructure subindustry, Qualys's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Qualys's Gross Margin % Distribution in the Software Industry

For the Software industry and Technology sector, Qualys's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Qualys's Gross Margin % falls into.



Qualys Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Qualys's Gross Margin for the fiscal year that ended in Dec. 2023 is calculated as

Gross Margin % (A: Dec. 2023 )=Gross Profit (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=447 / 554.458
=(Revenue - Cost of Goods Sold) / Revenue
=(554.458 - 107.485) / 554.458
=80.61 %

Qualys's Gross Margin for the quarter that ended in Dec. 2023 is calculated as


Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=117.4 / 144.57
=(Revenue - Cost of Goods Sold) / Revenue
=(144.57 - 27.13) / 144.57
=81.23 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Qualys  (NAS:QLYS) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Qualys had a gross margin of 81.23% for the quarter that ended in Dec. 2023 => Durable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Qualys Gross Margin % Related Terms

Thank you for viewing the detailed overview of Qualys's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Qualys (Qualys) Business Description

Traded in Other Exchanges
Address
919 East Hillsdale Boulevard, 4th Floor, Foster City, CA, USA, 94404
Qualys Inc. is a cloud security and compliance solutions provider that helps businesses identify and manage their security risks and compliance requirements. The California-based company has more than 10,000 customers worldwide, the majority of which are small- and medium-sized businesses. Qualys was founded in 1999 and went public in 2012.
Executives
Bruce K Posey officer: VP, GC and Corp. Sec. 919 E HILLSDALE BLVD, FOSTER CITY CA 94404
Sumedh S Thakar officer: VP, Engineering C/O QUALYS, INC., 919 E HILLSDALE BLVD, FOSTER CITY CA 94404
Joo Mi Kim officer: Chief Financial Officer C/O QUALYS, INC., 919 E. HILLSDALE BLVD., FOSTER CITY CA 94404
Wendy Pfeiffer director C/O QUALYS, INC., 919 E. HILLSDALE BOULEVARD, FOSTER CITY CA 94404
Thomas Berquist director 500 ARGUELLO STREET, SUITE 200, REDWOOD CITY CA 94063
Jeffrey P Hank director C/O INTUIT INC., PO BOX 7850, MOUNTAIN VIEW CA 94039
Allan Peters officer: Chief Revenue Officer C/O QUALYS, INC., 919 E. HILLSDALE BLVD., FOSTER CITY CA 94404
Kristi Marie Rogers director 802 MEADOWLARK, HOWELL MI 48843
Arjet Skenduli officer: Chief Accounting Officer 919 E. HILLSDALE BLVD., FOSTER CITY CA 94404
William Berutti director 140 KENDRICK STREET, NEEDHAM MA 02494
Philippe Courtot Family Trust 10 percent owner C/O QUALYS, INC., 919 E. HILLSDALE BLVD., FOSTER CITY CA 94404
Saikat Paul officer: Chief Accounting Officer 919 E. HILLSDALE BLVD., FOSTER CITY CA 94404
Sandra K Bergeron director C/O NETEGRITY INC, 201 JONES RD, WALTHAM MA 02451
Philippe F Courtot director, 10 percent owner, officer: Chairman, President & CEO 1600 BRIDGE PARKWAY, REDWOOD CITY CA 94065
Peter Pace director C/O AAR CORP., 1100 N. WOOD DALE ROAD, WOOD DALE IL 60191