vs
Side-by-side financial comparison of Federal Realty Investment Trust (FRT) and QUALYS, INC. (QLYS). Click either name above to swap in a different company.
Federal Realty Investment Trust is the larger business by last-quarter revenue ($336.0M vs $175.3M, roughly 1.9× QUALYS, INC.). Federal Realty Investment Trust runs the higher net margin — 38.6% vs 30.3%, a 8.3% gap on every dollar of revenue. On growth, QUALYS, INC. posted the faster year-over-year revenue change (10.1% vs 8.7%). Over the past eight quarters, QUALYS, INC.'s revenue compounded faster (9.6% CAGR vs 6.5%).
Federal Realty Investment Trust is a real estate investment trust that invests in shopping centers in the Northeastern United States, the Mid-Atlantic states, California, and South Florida.
Qualys, Inc. is an American technology firm based in Foster City, California, specializing in cloud security, compliance and related services.
FRT vs QLYS — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $336.0M | $175.3M |
| Net Profit | $129.7M | $53.1M |
| Gross Margin | — | 83.4% |
| Operating Margin | 53.8% | 33.6% |
| Net Margin | 38.6% | 30.3% |
| Revenue YoY | 8.7% | 10.1% |
| Net Profit YoY | 103.5% | 20.9% |
| EPS (diluted) | $1.49 | $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.
| Q1 26 | $336.0M | — | ||
| Q4 25 | $336.0M | $175.3M | ||
| Q3 25 | $322.3M | $169.9M | ||
| Q2 25 | $311.5M | $164.1M | ||
| Q1 25 | $309.2M | $159.9M | ||
| Q4 24 | $311.4M | $159.2M | ||
| Q3 24 | $303.6M | $153.9M | ||
| Q2 24 | $296.1M | $148.7M |
| Q1 26 | $129.7M | — | ||
| Q4 25 | $129.7M | $53.1M | ||
| Q3 25 | $61.6M | $50.3M | ||
| Q2 25 | $155.9M | $47.3M | ||
| Q1 25 | $63.8M | $47.5M | ||
| Q4 24 | $65.5M | $44.0M | ||
| Q3 24 | $61.0M | $46.2M | ||
| Q2 24 | $112.0M | $43.8M |
| 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% |
| Q1 26 | 53.8% | — | ||
| Q4 25 | 53.8% | 33.6% | ||
| Q3 25 | 34.3% | 35.3% | ||
| Q2 25 | 65.1% | 31.3% | ||
| Q1 25 | 35.0% | 32.4% | ||
| Q4 24 | 35.1% | 31.0% | ||
| Q3 24 | 34.9% | 29.2% | ||
| Q2 24 | 53.0% | 32.3% |
| Q1 26 | 38.6% | — | ||
| Q4 25 | 38.6% | 30.3% | ||
| Q3 25 | 19.1% | 29.6% | ||
| Q2 25 | 50.0% | 28.8% | ||
| Q1 25 | 20.6% | 29.7% | ||
| Q4 24 | 21.0% | 27.6% | ||
| Q3 24 | 20.1% | 30.0% | ||
| Q2 24 | 37.8% | 29.4% |
| Q1 26 | $1.49 | — | ||
| Q4 25 | $1.49 | $1.47 | ||
| Q3 25 | $0.69 | $1.39 | ||
| Q2 25 | $1.78 | $1.29 | ||
| Q1 25 | $0.72 | $1.29 | ||
| Q4 24 | $0.74 | $1.19 | ||
| Q3 24 | $0.70 | $1.24 | ||
| Q2 24 | $1.32 | $1.17 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $107.4M | $250.3M |
| Total DebtLower is stronger | $5.0B | — |
| Stockholders' EquityBook value | $3.2B | $561.2M |
| Total Assets | $9.1B | $1.1B |
| Debt / EquityLower = less leverage | 1.53× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $107.4M | — | ||
| Q4 25 | $107.4M | $250.3M | ||
| Q3 25 | $111.3M | $225.3M | ||
| Q2 25 | $177.0M | $194.0M | ||
| Q1 25 | $109.2M | $290.7M | ||
| Q4 24 | $123.4M | $232.2M | ||
| Q3 24 | $97.0M | $235.4M | ||
| Q2 24 | $103.2M | $281.2M |
| Q1 26 | $5.0B | — | ||
| Q4 25 | $5.0B | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $4.5B | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q1 26 | $3.2B | — | ||
| Q4 25 | $3.2B | $561.2M | ||
| Q3 25 | $3.2B | $529.4M | ||
| Q2 25 | $3.2B | $508.2M | ||
| Q1 25 | $3.2B | $498.0M | ||
| Q4 24 | $3.2B | $477.1M | ||
| Q3 24 | $3.1B | $449.6M | ||
| Q2 24 | $3.0B | $427.8M |
| Q1 26 | $9.1B | — | ||
| Q4 25 | $9.1B | $1.1B | ||
| Q3 25 | $8.9B | $1.0B | ||
| Q2 25 | $8.6B | $999.5M | ||
| Q1 25 | $8.6B | $996.5M | ||
| Q4 24 | $8.5B | $973.5M | ||
| Q3 24 | $8.5B | $908.3M | ||
| Q2 24 | $8.4B | $876.6M |
| Q1 26 | 1.53× | — | ||
| Q4 25 | 1.53× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 1.42× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
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 | — | $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.
| Q1 26 | — | — | ||
| Q4 25 | $622.4M | $75.7M | ||
| Q3 25 | $147.8M | $90.4M | ||
| Q2 25 | $150.7M | $33.8M | ||
| Q1 25 | $179.0M | $109.6M | ||
| Q4 24 | $574.6M | $47.7M | ||
| Q3 24 | $144.1M | $61.0M | ||
| Q2 24 | $169.7M | $49.8M |
| 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 |
| 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% |
| Q1 26 | — | — | ||
| 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 26 | — | — | ||
| Q4 25 | 4.80× | 1.42× | ||
| Q3 25 | 2.40× | 1.80× | ||
| Q2 25 | 0.97× | 0.71× | ||
| Q1 25 | 2.81× | 2.31× | ||
| Q4 24 | 8.77× | 1.09× | ||
| Q3 24 | 2.36× | 1.32× | ||
| Q2 24 | 1.52× | 1.14× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
FRT
Segment breakdown not available.
QLYS
| Sales Channel Through Intermediary | $88.6M | 51% |
| Sales Channel Directly To Consumer | $86.7M | 49% |
