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Side-by-side financial comparison of Dingdong (Cayman) Ltd (DDL) 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 $115.3M, roughly 1.5× Dingdong (Cayman) Ltd). QUALYS, INC. runs the higher net margin — 30.3% vs 5.8%, a 24.5% gap on every dollar of revenue.

Dingdong (Cayman) Ltd operates a leading on-demand grocery e-commerce platform primarily serving the Chinese market. It provides fresh produce, daily necessities, ready-to-eat meals, and household staples to urban consumers, leveraging optimized supply chains and localized logistics networks to offer fast, reliable 30-minute delivery services, prioritizing product freshness and user convenience.

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

DDL vs QLYS — Head-to-Head

Bigger by revenue
QLYS
QLYS
1.5× larger
QLYS
$175.3M
$115.3M
DDL
Higher net margin
QLYS
QLYS
24.5% more per $
QLYS
30.3%
5.8%
DDL

Income Statement — Q3 FY2022 vs Q4 FY2025

Metric
DDL
DDL
QLYS
QLYS
Revenue
$115.3M
$175.3M
Net Profit
$6.7M
$53.1M
Gross Margin
83.4%
Operating Margin
5.3%
33.6%
Net Margin
5.8%
30.3%
Revenue YoY
10.1%
Net Profit YoY
20.9%
EPS (diluted)
$-0.02
$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
DDL
DDL
QLYS
QLYS
Q4 25
$175.3M
Q3 25
$169.9M
Q2 25
$164.1M
Q1 25
$159.9M
Q4 24
$159.2M
Q3 24
$153.9M
Q2 24
$148.7M
Q1 24
$145.8M
Net Profit
DDL
DDL
QLYS
QLYS
Q4 25
$53.1M
Q3 25
$50.3M
Q2 25
$47.3M
Q1 25
$47.5M
Q4 24
$44.0M
Q3 24
$46.2M
Q2 24
$43.8M
Q1 24
$39.7M
Gross Margin
DDL
DDL
QLYS
QLYS
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%
Q1 24
81.3%
Operating Margin
DDL
DDL
QLYS
QLYS
Q4 25
33.6%
Q3 25
35.3%
Q2 25
31.3%
Q1 25
32.4%
Q4 24
31.0%
Q3 24
29.2%
Q2 24
32.3%
Q1 24
30.7%
Net Margin
DDL
DDL
QLYS
QLYS
Q4 25
30.3%
Q3 25
29.6%
Q2 25
28.8%
Q1 25
29.7%
Q4 24
27.6%
Q3 24
30.0%
Q2 24
29.4%
Q1 24
27.2%
EPS (diluted)
DDL
DDL
QLYS
QLYS
Q4 25
$1.47
Q3 25
$1.39
Q2 25
$1.29
Q1 25
$1.29
Q4 24
$1.19
Q3 24
$1.24
Q2 24
$1.17
Q1 24
$1.05

Balance Sheet & Financial Strength

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

Metric
DDL
DDL
QLYS
QLYS
Cash + ST InvestmentsLiquidity on hand
$113.7M
$250.3M
Total DebtLower is stronger
$135.8K
Stockholders' EquityBook value
$4.5M
$561.2M
Total Assets
$178.3M
$1.1B
Debt / EquityLower = less leverage
0.03×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DDL
DDL
QLYS
QLYS
Q4 25
$250.3M
Q3 25
$225.3M
Q2 25
$194.0M
Q1 25
$290.7M
Q4 24
$232.2M
Q3 24
$235.4M
Q2 24
$281.2M
Q1 24
$273.8M
Stockholders' Equity
DDL
DDL
QLYS
QLYS
Q4 25
$561.2M
Q3 25
$529.4M
Q2 25
$508.2M
Q1 25
$498.0M
Q4 24
$477.1M
Q3 24
$449.6M
Q2 24
$427.8M
Q1 24
$404.2M
Total Assets
DDL
DDL
QLYS
QLYS
Q4 25
$1.1B
Q3 25
$1.0B
Q2 25
$999.5M
Q1 25
$996.5M
Q4 24
$973.5M
Q3 24
$908.3M
Q2 24
$876.6M
Q1 24
$861.8M

Cash Flow & Capital Efficiency

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

Metric
DDL
DDL
QLYS
QLYS
Operating Cash FlowLast quarter
$75.7M
Free Cash FlowOCF − Capex
$74.9M
FCF MarginFCF / Revenue
42.8%
Capex IntensityCapex / Revenue
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
DDL
DDL
QLYS
QLYS
Q4 25
$75.7M
Q3 25
$90.4M
Q2 25
$33.8M
Q1 25
$109.6M
Q4 24
$47.7M
Q3 24
$61.0M
Q2 24
$49.8M
Q1 24
$85.5M
Free Cash Flow
DDL
DDL
QLYS
QLYS
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
Q1 24
$83.5M
FCF Margin
DDL
DDL
QLYS
QLYS
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%
Q1 24
57.2%
Capex Intensity
DDL
DDL
QLYS
QLYS
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%
Q1 24
1.4%
Cash Conversion
DDL
DDL
QLYS
QLYS
Q4 25
1.42×
Q3 25
1.80×
Q2 25
0.71×
Q1 25
2.31×
Q4 24
1.09×
Q3 24
1.32×
Q2 24
1.14×
Q1 24
2.15×

Financial Flow Comparison

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

Revenue Breakdown by Segment

DDL
DDL

Segment breakdown not available.

QLYS
QLYS

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

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