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Side-by-side financial comparison of HighPeak Energy, Inc. (HPK) and QUALYS, INC. (QLYS). Click either name above to swap in a different company.

HighPeak Energy, Inc. is the larger business by last-quarter revenue ($216.6M vs $175.3M, roughly 1.2× QUALYS, INC.). QUALYS, INC. runs the higher net margin — 30.3% vs -11.6%, a 42.0% gap on every dollar of revenue. On growth, QUALYS, INC. posted the faster year-over-year revenue change (10.1% vs -23.3%). Over the past eight quarters, QUALYS, INC.'s revenue compounded faster (9.6% CAGR vs -13.2%).

Duke Energy Corporation is an American electric power and natural gas holding company headquartered in Charlotte, North Carolina. The company serves over 7 million customers in the eastern United States. In 2024 it ranked as the 141st largest company in the United States – its highest-ever placement on the Fortune 500 list.

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

HPK vs QLYS — Head-to-Head

Bigger by revenue
HPK
HPK
1.2× larger
HPK
$216.6M
$175.3M
QLYS
Growing faster (revenue YoY)
QLYS
QLYS
+33.4% gap
QLYS
10.1%
-23.3%
HPK
Higher net margin
QLYS
QLYS
42.0% more per $
QLYS
30.3%
-11.6%
HPK
Faster 2-yr revenue CAGR
QLYS
QLYS
Annualised
QLYS
9.6%
-13.2%
HPK

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
HPK
HPK
QLYS
QLYS
Revenue
$216.6M
$175.3M
Net Profit
$-25.2M
$53.1M
Gross Margin
83.4%
Operating Margin
-7.6%
33.6%
Net Margin
-11.6%
30.3%
Revenue YoY
-23.3%
10.1%
Net Profit YoY
-380.7%
20.9%
EPS (diluted)
$-0.16
$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
HPK
HPK
QLYS
QLYS
Q4 25
$216.6M
$175.3M
Q3 25
$188.9M
$169.9M
Q2 25
$200.4M
$164.1M
Q1 25
$257.4M
$159.9M
Q4 24
$282.6M
$159.2M
Q3 24
$271.6M
$153.9M
Q2 24
$275.3M
$148.7M
Q1 24
$287.8M
$145.8M
Net Profit
HPK
HPK
QLYS
QLYS
Q4 25
$-25.2M
$53.1M
Q3 25
$-18.3M
$50.3M
Q2 25
$26.2M
$47.3M
Q1 25
$36.3M
$47.5M
Q4 24
$9.0M
$44.0M
Q3 24
$49.9M
$46.2M
Q2 24
$29.7M
$43.8M
Q1 24
$6.4M
$39.7M
Gross Margin
HPK
HPK
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
HPK
HPK
QLYS
QLYS
Q4 25
-7.6%
33.6%
Q3 25
17.3%
35.3%
Q2 25
21.7%
31.3%
Q1 25
35.1%
32.4%
Q4 24
26.1%
31.0%
Q3 24
27.0%
29.2%
Q2 24
31.7%
32.3%
Q1 24
35.8%
30.7%
Net Margin
HPK
HPK
QLYS
QLYS
Q4 25
-11.6%
30.3%
Q3 25
-9.7%
29.6%
Q2 25
13.1%
28.8%
Q1 25
14.1%
29.7%
Q4 24
3.2%
27.6%
Q3 24
18.4%
30.0%
Q2 24
10.8%
29.4%
Q1 24
2.2%
27.2%
EPS (diluted)
HPK
HPK
QLYS
QLYS
Q4 25
$-0.16
$1.47
Q3 25
$-0.15
$1.39
Q2 25
$0.19
$1.29
Q1 25
$0.26
$1.29
Q4 24
$0.06
$1.19
Q3 24
$0.35
$1.24
Q2 24
$0.21
$1.17
Q1 24
$0.05
$1.05

Balance Sheet & Financial Strength

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

Metric
HPK
HPK
QLYS
QLYS
Cash + ST InvestmentsLiquidity on hand
$162.1M
$250.3M
Total DebtLower is stronger
$1.2B
Stockholders' EquityBook value
$1.6B
$561.2M
Total Assets
$3.2B
$1.1B
Debt / EquityLower = less leverage
0.75×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HPK
HPK
QLYS
QLYS
Q4 25
$162.1M
$250.3M
Q3 25
$164.9M
$225.3M
Q2 25
$21.9M
$194.0M
Q1 25
$51.6M
$290.7M
Q4 24
$86.6M
$232.2M
Q3 24
$135.6M
$235.4M
Q2 24
$157.9M
$281.2M
Q1 24
$173.4M
$273.8M
Total Debt
HPK
HPK
QLYS
QLYS
Q4 25
$1.2B
Q3 25
$1.2B
Q2 25
$1.0B
Q1 25
$1.0B
Q4 24
$1.0B
Q3 24
$1.1B
Q2 24
$1.1B
Q1 24
$1.1B
Stockholders' Equity
HPK
HPK
QLYS
QLYS
Q4 25
$1.6B
$561.2M
Q3 25
$1.6B
$529.4M
Q2 25
$1.7B
$508.2M
Q1 25
$1.6B
$498.0M
Q4 24
$1.6B
$477.1M
Q3 24
$1.6B
$449.6M
Q2 24
$1.6B
$427.8M
Q1 24
$1.5B
$404.2M
Total Assets
HPK
HPK
QLYS
QLYS
Q4 25
$3.2B
$1.1B
Q3 25
$3.2B
$1.0B
Q2 25
$3.1B
$999.5M
Q1 25
$3.1B
$996.5M
Q4 24
$3.1B
$973.5M
Q3 24
$3.1B
$908.3M
Q2 24
$3.1B
$876.6M
Q1 24
$3.1B
$861.8M
Debt / Equity
HPK
HPK
QLYS
QLYS
Q4 25
0.75×
Q3 25
0.73×
Q2 25
0.62×
Q1 25
0.63×
Q4 24
0.65×
Q3 24
0.67×
Q2 24
0.70×
Q1 24
0.73×

Cash Flow & Capital Efficiency

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

Metric
HPK
HPK
QLYS
QLYS
Operating Cash FlowLast quarter
$93.1M
$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
HPK
HPK
QLYS
QLYS
Q4 25
$93.1M
$75.7M
Q3 25
$120.2M
$90.4M
Q2 25
$141.2M
$33.8M
Q1 25
$157.1M
$109.6M
Q4 24
$139.5M
$47.7M
Q3 24
$177.1M
$61.0M
Q2 24
$202.3M
$49.8M
Q1 24
$171.4M
$85.5M
Free Cash Flow
HPK
HPK
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
HPK
HPK
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
HPK
HPK
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
HPK
HPK
QLYS
QLYS
Q4 25
1.42×
Q3 25
1.80×
Q2 25
5.39×
0.71×
Q1 25
4.32×
2.31×
Q4 24
15.53×
1.09×
Q3 24
3.55×
1.32×
Q2 24
6.81×
1.14×
Q1 24
26.63×
2.15×

Financial Flow Comparison

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

Revenue Breakdown by Segment

HPK
HPK

Crude Oil Sales$152.1M70%
Natural Gas And NGL Sales$60.8M28%

QLYS
QLYS

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

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