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Side-by-side financial comparison of CSW INDUSTRIALS, INC. (CSW) and QUALYS, INC. (QLYS). Click either name above to swap in a different company.
CSW INDUSTRIALS, INC. is the larger business by last-quarter revenue ($233.0M vs $175.3M, roughly 1.3× QUALYS, INC.). QUALYS, INC. runs the higher net margin — 30.3% vs 4.4%, a 25.9% gap on every dollar of revenue. On growth, CSW INDUSTRIALS, INC. posted the faster year-over-year revenue change (20.3% vs 10.1%). QUALYS, INC. produced more free cash flow last quarter ($74.9M vs $22.7M). Over the past eight quarters, QUALYS, INC.'s revenue compounded faster (9.6% CAGR vs 5.1%).
Qualys, Inc. is an American technology firm based in Foster City, California, specializing in cloud security, compliance and related services.
CSW vs QLYS — Head-to-Head
Income Statement — Q3 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $233.0M | $175.3M |
| Net Profit | $10.3M | $53.1M |
| Gross Margin | 39.7% | 83.4% |
| Operating Margin | 7.4% | 33.6% |
| Net Margin | 4.4% | 30.3% |
| Revenue YoY | 20.3% | 10.1% |
| Net Profit YoY | -61.9% | 20.9% |
| EPS (diluted) | $0.62 | $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.
| Q4 25 | $233.0M | $175.3M | ||
| Q3 25 | $277.0M | $169.9M | ||
| Q2 25 | $263.6M | $164.1M | ||
| Q1 25 | $230.5M | $159.9M | ||
| Q4 24 | $193.6M | $159.2M | ||
| Q3 24 | $227.9M | $153.9M | ||
| Q2 24 | $226.2M | $148.7M | ||
| Q1 24 | $210.9M | $145.8M |
| Q4 25 | $10.3M | $53.1M | ||
| Q3 25 | $40.7M | $50.3M | ||
| Q2 25 | $40.9M | $47.3M | ||
| Q1 25 | $35.1M | $47.5M | ||
| Q4 24 | $26.9M | $44.0M | ||
| Q3 24 | $36.1M | $46.2M | ||
| Q2 24 | $38.6M | $43.8M | ||
| Q1 24 | $31.8M | $39.7M |
| Q4 25 | 39.7% | 83.4% | ||
| Q3 25 | 43.0% | 83.6% | ||
| Q2 25 | 43.8% | 82.4% | ||
| Q1 25 | 44.2% | 81.9% | ||
| Q4 24 | 41.4% | 81.8% | ||
| Q3 24 | 45.6% | 81.3% | ||
| Q2 24 | 47.5% | 82.2% | ||
| Q1 24 | 44.4% | 81.3% |
| Q4 25 | 7.4% | 33.6% | ||
| Q3 25 | 20.5% | 35.3% | ||
| Q2 25 | 20.8% | 31.3% | ||
| Q1 25 | 19.5% | 32.4% | ||
| Q4 24 | 15.3% | 31.0% | ||
| Q3 24 | 22.6% | 29.2% | ||
| Q2 24 | 24.3% | 32.3% | ||
| Q1 24 | 21.0% | 30.7% |
| Q4 25 | 4.4% | 30.3% | ||
| Q3 25 | 14.7% | 29.6% | ||
| Q2 25 | 15.5% | 28.8% | ||
| Q1 25 | 15.2% | 29.7% | ||
| Q4 24 | 13.9% | 27.6% | ||
| Q3 24 | 15.8% | 30.0% | ||
| Q2 24 | 17.1% | 29.4% | ||
| Q1 24 | 15.1% | 27.2% |
| Q4 25 | $0.62 | $1.47 | ||
| Q3 25 | $2.41 | $1.39 | ||
| Q2 25 | $2.43 | $1.29 | ||
| Q1 25 | $2.05 | $1.29 | ||
| Q4 24 | $1.60 | $1.19 | ||
| Q3 24 | $2.26 | $1.24 | ||
| Q2 24 | $2.47 | $1.17 | ||
| Q1 24 | $2.03 | $1.05 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $40.2M | $250.3M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $1.1B | $561.2M |
| Total Assets | $2.3B | $1.1B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $40.2M | $250.3M | ||
| Q3 25 | $31.5M | $225.3M | ||
| Q2 25 | $38.0M | $194.0M | ||
| Q1 25 | $225.8M | $290.7M | ||
| Q4 24 | $213.8M | $232.2M | ||
| Q3 24 | $273.2M | $235.4M | ||
| Q2 24 | $18.9M | $281.2M | ||
| Q1 24 | $22.2M | $273.8M |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | $800.1M | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | $166.0M | — |
| Q4 25 | $1.1B | $561.2M | ||
| Q3 25 | $1.1B | $529.4M | ||
| Q2 25 | $1.1B | $508.2M | ||
| Q1 25 | $1.1B | $498.0M | ||
| Q4 24 | $1.0B | $477.1M | ||
| Q3 24 | $1.0B | $449.6M | ||
| Q2 24 | $650.2M | $427.8M | ||
| Q1 24 | $615.7M | $404.2M |
| Q4 25 | $2.3B | $1.1B | ||
| Q3 25 | $1.5B | $1.0B | ||
| Q2 25 | $1.5B | $999.5M | ||
| Q1 25 | $1.4B | $996.5M | ||
| Q4 24 | $1.4B | $973.5M | ||
| Q3 24 | $1.4B | $908.3M | ||
| Q2 24 | $1.1B | $876.6M | ||
| Q1 24 | $1.0B | $861.8M |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | 0.75× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | 0.27× | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $28.9M | $75.7M |
| Free Cash FlowOCF − Capex | $22.7M | $74.9M |
| FCF MarginFCF / Revenue | 9.8% | 42.8% |
| Capex IntensityCapex / Revenue | 2.6% | 0.4% |
| Cash ConversionOCF / Net Profit | 2.81× | 1.42× |
| TTM Free Cash FlowTrailing 4 quarters | $162.0M | $304.4M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $28.9M | $75.7M | ||
| Q3 25 | $61.8M | $90.4M | ||
| Q2 25 | $60.6M | $33.8M | ||
| Q1 25 | $27.3M | $109.6M | ||
| Q4 24 | $11.6M | $47.7M | ||
| Q3 24 | $66.8M | $61.0M | ||
| Q2 24 | $62.7M | $49.8M | ||
| Q1 24 | $22.4M | $85.5M |
| Q4 25 | $22.7M | $74.9M | ||
| Q3 25 | $58.7M | $89.5M | ||
| Q2 25 | $57.7M | $32.4M | ||
| Q1 25 | $22.8M | $107.5M | ||
| Q4 24 | $8.5M | $41.9M | ||
| Q3 24 | $61.3M | $57.6M | ||
| Q2 24 | $59.6M | $48.8M | ||
| Q1 24 | $17.5M | $83.5M |
| Q4 25 | 9.8% | 42.8% | ||
| Q3 25 | 21.2% | 52.7% | ||
| Q2 25 | 21.9% | 19.8% | ||
| Q1 25 | 9.9% | 67.3% | ||
| Q4 24 | 4.4% | 26.3% | ||
| Q3 24 | 26.9% | 37.4% | ||
| Q2 24 | 26.3% | 32.8% | ||
| Q1 24 | 8.3% | 57.2% |
| Q4 25 | 2.6% | 0.4% | ||
| Q3 25 | 1.1% | 0.5% | ||
| Q2 25 | 1.1% | 0.8% | ||
| Q1 25 | 2.0% | 1.3% | ||
| Q4 24 | 1.6% | 3.7% | ||
| Q3 24 | 2.4% | 2.2% | ||
| Q2 24 | 1.4% | 0.7% | ||
| Q1 24 | 2.3% | 1.4% |
| Q4 25 | 2.81× | 1.42× | ||
| Q3 25 | 1.52× | 1.80× | ||
| Q2 25 | 1.48× | 0.71× | ||
| Q1 25 | 0.78× | 2.31× | ||
| Q4 24 | 0.43× | 1.09× | ||
| Q3 24 | 1.85× | 1.32× | ||
| Q2 24 | 1.62× | 1.14× | ||
| Q1 24 | 0.71× | 2.15× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CSW
| Contractor Solutions Segment | $166.3M | 71% |
| Specialized Reliability Solutions Segment | $38.2M | 16% |
| Engineered Building Solutions Segment | $28.5M | 12% |
QLYS
| Sales Channel Through Intermediary | $88.6M | 51% |
| Sales Channel Directly To Consumer | $86.7M | 49% |
