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Side-by-side financial comparison of ACADIA REALTY TRUST (AKR) and QUALYS, INC. (QLYS). Click either name above to swap in a different company.

QUALYS, INC. is the larger business by last-quarter revenue ($175.3M vs $54.7M, roughly 3.2× ACADIA REALTY TRUST). ACADIA REALTY TRUST runs the higher net margin — 55.7% vs 30.3%, a 25.4% gap on every dollar of revenue. On growth, QUALYS, INC. posted the faster year-over-year revenue change (10.1% vs 6.4%). Over the past eight quarters, QUALYS, INC.'s revenue compounded faster (9.6% CAGR vs -22.0%).

Acadia Realty Trust is a publicly traded real estate investment trust (REIT) that specializes in owning, operating, and redeveloping high-quality retail and mixed-use properties, primarily in dense, high-barrier-to-entry U.S. markets. Its portfolio includes neighborhood shopping centers, urban street retail assets, and community-focused mixed-use developments.

Qualys, Inc. is an American technology firm based in Foster City, California, specializing in cloud security, compliance and related services.

AKR vs QLYS — Head-to-Head

Bigger by revenue
QLYS
QLYS
3.2× larger
QLYS
$175.3M
$54.7M
AKR
Growing faster (revenue YoY)
QLYS
QLYS
+3.8% gap
QLYS
10.1%
6.4%
AKR
Higher net margin
AKR
AKR
25.4% more per $
AKR
55.7%
30.3%
QLYS
Faster 2-yr revenue CAGR
QLYS
QLYS
Annualised
QLYS
9.6%
-22.0%
AKR

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
AKR
AKR
QLYS
QLYS
Revenue
$54.7M
$175.3M
Net Profit
$30.5M
$53.1M
Gross Margin
83.4%
Operating Margin
289.7%
33.6%
Net Margin
55.7%
30.3%
Revenue YoY
6.4%
10.1%
Net Profit YoY
20.9%
EPS (diluted)
$1.47

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
AKR
AKR
QLYS
QLYS
Q1 26
$54.7M
Q4 25
$175.3M
Q3 25
$169.9M
Q2 25
$164.1M
Q1 25
$159.9M
Q4 24
$93.3M
$159.2M
Q3 24
$87.7M
$153.9M
Q2 24
$87.3M
$148.7M
Net Profit
AKR
AKR
QLYS
QLYS
Q1 26
$30.5M
Q4 25
$53.1M
Q3 25
$50.3M
Q2 25
$47.3M
Q1 25
$47.5M
Q4 24
$1.2M
$44.0M
Q3 24
$12.3M
$46.2M
Q2 24
$1.6M
$43.8M
Gross Margin
AKR
AKR
QLYS
QLYS
Q1 26
Q4 25
83.4%
Q3 25
83.6%
Q2 25
82.4%
Q1 25
81.9%
Q4 24
81.8%
Q3 24
81.3%
Q2 24
82.2%
Operating Margin
AKR
AKR
QLYS
QLYS
Q1 26
289.7%
Q4 25
33.6%
Q3 25
35.3%
Q2 25
31.3%
Q1 25
32.4%
Q4 24
17.5%
31.0%
Q3 24
19.9%
29.2%
Q2 24
20.4%
32.3%
Net Margin
AKR
AKR
QLYS
QLYS
Q1 26
55.7%
Q4 25
30.3%
Q3 25
29.6%
Q2 25
28.8%
Q1 25
29.7%
Q4 24
1.2%
27.6%
Q3 24
14.0%
30.0%
Q2 24
1.8%
29.4%
EPS (diluted)
AKR
AKR
QLYS
QLYS
Q1 26
Q4 25
$1.47
Q3 25
$1.39
Q2 25
$1.29
Q1 25
$1.29
Q4 24
$0.08
$1.19
Q3 24
$0.07
$1.24
Q2 24
$0.01
$1.17

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AKR
AKR
QLYS
QLYS
Cash + ST InvestmentsLiquidity on hand
$31.4K
$250.3M
Total DebtLower is stronger
Stockholders' EquityBook value
$6.0M
$561.2M
Total Assets
$4.5M
$1.1B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AKR
AKR
QLYS
QLYS
Q1 26
$31.4K
Q4 25
$250.3M
Q3 25
$225.3M
Q2 25
$194.0M
Q1 25
$290.7M
Q4 24
$16.8M
$232.2M
Q3 24
$46.2M
$235.4M
Q2 24
$31.9M
$281.2M
Total Debt
AKR
AKR
QLYS
QLYS
Q1 26
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
$1.5B
Q3 24
$1.6B
Q2 24
$1.7B
Stockholders' Equity
AKR
AKR
QLYS
QLYS
Q1 26
$6.0M
Q4 25
$561.2M
Q3 25
$529.4M
Q2 25
$508.2M
Q1 25
$498.0M
Q4 24
$2.1B
$477.1M
Q3 24
$1.9B
$449.6M
Q2 24
$1.8B
$427.8M
Total Assets
AKR
AKR
QLYS
QLYS
Q1 26
$4.5M
Q4 25
$1.1B
Q3 25
$1.0B
Q2 25
$999.5M
Q1 25
$996.5M
Q4 24
$4.4B
$973.5M
Q3 24
$4.3B
$908.3M
Q2 24
$4.3B
$876.6M
Debt / Equity
AKR
AKR
QLYS
QLYS
Q1 26
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
0.74×
Q3 24
0.82×
Q2 24
0.95×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
AKR
AKR
QLYS
QLYS
Operating Cash FlowLast quarter
$75.7M
Free Cash FlowOCF − Capex
$74.9M
FCF MarginFCF / Revenue
42.8%
Capex IntensityCapex / Revenue
3.2%
0.4%
Cash ConversionOCF / Net Profit
1.42×
TTM Free Cash FlowTrailing 4 quarters
$304.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AKR
AKR
QLYS
QLYS
Q1 26
Q4 25
$75.7M
Q3 25
$90.4M
Q2 25
$33.8M
Q1 25
$109.6M
Q4 24
$140.4M
$47.7M
Q3 24
$44.6M
$61.0M
Q2 24
$32.0M
$49.8M
Free Cash Flow
AKR
AKR
QLYS
QLYS
Q1 26
Q4 25
$74.9M
Q3 25
$89.5M
Q2 25
$32.4M
Q1 25
$107.5M
Q4 24
$41.9M
Q3 24
$57.6M
Q2 24
$48.8M
FCF Margin
AKR
AKR
QLYS
QLYS
Q1 26
Q4 25
42.8%
Q3 25
52.7%
Q2 25
19.8%
Q1 25
67.3%
Q4 24
26.3%
Q3 24
37.4%
Q2 24
32.8%
Capex Intensity
AKR
AKR
QLYS
QLYS
Q1 26
3.2%
Q4 25
0.4%
Q3 25
0.5%
Q2 25
0.8%
Q1 25
1.3%
Q4 24
3.7%
Q3 24
2.2%
Q2 24
0.7%
Cash Conversion
AKR
AKR
QLYS
QLYS
Q1 26
Q4 25
1.42×
Q3 25
1.80×
Q2 25
0.71×
Q1 25
2.31×
Q4 24
121.08×
1.09×
Q3 24
3.64×
1.32×
Q2 24
20.25×
1.14×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

AKR
AKR

Minimum rents$42.4M77%
Other$12.3M23%

QLYS
QLYS

Sales Channel Through Intermediary$88.6M51%
Sales Channel Directly To Consumer$86.7M49%

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