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Side-by-side financial comparison of HEARTLAND EXPRESS INC (HTLD) and QUALYS, INC. (QLYS). Click either name above to swap in a different company.

HEARTLAND EXPRESS INC is the larger business by last-quarter revenue ($179.4M vs $175.3M, roughly 1.0× QUALYS, INC.). QUALYS, INC. runs the higher net margin — 30.3% vs -10.8%, a 41.2% gap on every dollar of revenue. On growth, QUALYS, INC. posted the faster year-over-year revenue change (10.1% vs -26.1%). QUALYS, INC. produced more free cash flow last quarter ($74.9M vs $-44.2M). Over the past eight quarters, QUALYS, INC.'s revenue compounded faster (9.6% CAGR vs -18.5%).

Heartland Express is an American trucking company headquartered in North Liberty, Iowa. The company offers truckload shipping services across the United States.

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

HTLD vs QLYS — Head-to-Head

Bigger by revenue
HTLD
HTLD
1.0× larger
HTLD
$179.4M
$175.3M
QLYS
Growing faster (revenue YoY)
QLYS
QLYS
+36.2% gap
QLYS
10.1%
-26.1%
HTLD
Higher net margin
QLYS
QLYS
41.2% more per $
QLYS
30.3%
-10.8%
HTLD
More free cash flow
QLYS
QLYS
$119.1M more FCF
QLYS
$74.9M
$-44.2M
HTLD
Faster 2-yr revenue CAGR
QLYS
QLYS
Annualised
QLYS
9.6%
-18.5%
HTLD

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
HTLD
HTLD
QLYS
QLYS
Revenue
$179.4M
$175.3M
Net Profit
$-19.4M
$53.1M
Gross Margin
83.4%
Operating Margin
-12.7%
33.6%
Net Margin
-10.8%
30.3%
Revenue YoY
-26.1%
10.1%
Net Profit YoY
-949.2%
20.9%
EPS (diluted)
$-0.24
$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
HTLD
HTLD
QLYS
QLYS
Q4 25
$179.4M
$175.3M
Q3 25
$196.5M
$169.9M
Q2 25
$210.4M
$164.1M
Q1 25
$219.4M
$159.9M
Q4 24
$242.6M
$159.2M
Q3 24
$259.9M
$153.9M
Q2 24
$274.8M
$148.7M
Q1 24
$270.3M
$145.8M
Net Profit
HTLD
HTLD
QLYS
QLYS
Q4 25
$-19.4M
$53.1M
Q3 25
$-8.3M
$50.3M
Q2 25
$-10.9M
$47.3M
Q1 25
$-13.9M
$47.5M
Q4 24
$-1.9M
$44.0M
Q3 24
$-9.3M
$46.2M
Q2 24
$-3.5M
$43.8M
Q1 24
$-15.1M
$39.7M
Gross Margin
HTLD
HTLD
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
HTLD
HTLD
QLYS
QLYS
Q4 25
-12.7%
33.6%
Q3 25
-3.7%
35.3%
Q2 25
-5.9%
31.3%
Q1 25
-6.8%
32.4%
Q4 24
0.4%
31.0%
Q3 24
-2.7%
29.2%
Q2 24
0.1%
32.3%
Q1 24
-5.3%
30.7%
Net Margin
HTLD
HTLD
QLYS
QLYS
Q4 25
-10.8%
30.3%
Q3 25
-4.2%
29.6%
Q2 25
-5.2%
28.8%
Q1 25
-6.3%
29.7%
Q4 24
-0.8%
27.6%
Q3 24
-3.6%
30.0%
Q2 24
-1.3%
29.4%
Q1 24
-5.6%
27.2%
EPS (diluted)
HTLD
HTLD
QLYS
QLYS
Q4 25
$-0.24
$1.47
Q3 25
$-0.11
$1.39
Q2 25
$-0.14
$1.29
Q1 25
$-0.18
$1.29
Q4 24
$-0.03
$1.19
Q3 24
$-0.12
$1.24
Q2 24
$-0.04
$1.17
Q1 24
$-0.19
$1.05

Balance Sheet & Financial Strength

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

Metric
HTLD
HTLD
QLYS
QLYS
Cash + ST InvestmentsLiquidity on hand
$18.5M
$250.3M
Total DebtLower is stronger
$154.1M
Stockholders' EquityBook value
$755.3M
$561.2M
Total Assets
$1.2B
$1.1B
Debt / EquityLower = less leverage
0.20×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HTLD
HTLD
QLYS
QLYS
Q4 25
$18.5M
$250.3M
Q3 25
$32.7M
$225.3M
Q2 25
$22.9M
$194.0M
Q1 25
$23.9M
$290.7M
Q4 24
$12.8M
$232.2M
Q3 24
$30.7M
$235.4M
Q2 24
$23.9M
$281.2M
Q1 24
$23.8M
$273.8M
Total Debt
HTLD
HTLD
QLYS
QLYS
Q4 25
$154.1M
Q3 25
Q2 25
Q1 25
Q4 24
$187.9M
Q3 24
Q2 24
Q1 24
Stockholders' Equity
HTLD
HTLD
QLYS
QLYS
Q4 25
$755.3M
$561.2M
Q3 25
$775.6M
$529.4M
Q2 25
$786.7M
$508.2M
Q1 25
$807.7M
$498.0M
Q4 24
$822.6M
$477.1M
Q3 24
$825.7M
$449.6M
Q2 24
$836.8M
$427.8M
Q1 24
$848.8M
$404.2M
Total Assets
HTLD
HTLD
QLYS
QLYS
Q4 25
$1.2B
$1.1B
Q3 25
$1.3B
$1.0B
Q2 25
$1.3B
$999.5M
Q1 25
$1.3B
$996.5M
Q4 24
$1.3B
$973.5M
Q3 24
$1.4B
$908.3M
Q2 24
$1.4B
$876.6M
Q1 24
$1.5B
$861.8M
Debt / Equity
HTLD
HTLD
QLYS
QLYS
Q4 25
0.20×
Q3 25
Q2 25
Q1 25
Q4 24
0.23×
Q3 24
Q2 24
Q1 24

Cash Flow & Capital Efficiency

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

Metric
HTLD
HTLD
QLYS
QLYS
Operating Cash FlowLast quarter
$14.9M
$75.7M
Free Cash FlowOCF − Capex
$-44.2M
$74.9M
FCF MarginFCF / Revenue
-24.6%
42.8%
Capex IntensityCapex / Revenue
33.0%
0.4%
Cash ConversionOCF / Net Profit
1.42×
TTM Free Cash FlowTrailing 4 quarters
$-66.9M
$304.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HTLD
HTLD
QLYS
QLYS
Q4 25
$14.9M
$75.7M
Q3 25
$27.5M
$90.4M
Q2 25
$21.0M
$33.8M
Q1 25
$25.8M
$109.6M
Q4 24
$37.8M
$47.7M
Q3 24
$35.6M
$61.0M
Q2 24
$40.0M
$49.8M
Q1 24
$31.0M
$85.5M
Free Cash Flow
HTLD
HTLD
QLYS
QLYS
Q4 25
$-44.2M
$74.9M
Q3 25
$-12.2M
$89.5M
Q2 25
$-12.8M
$32.4M
Q1 25
$2.3M
$107.5M
Q4 24
$-45.5M
$41.9M
Q3 24
$24.6M
$57.6M
Q2 24
$29.4M
$48.8M
Q1 24
$26.3M
$83.5M
FCF Margin
HTLD
HTLD
QLYS
QLYS
Q4 25
-24.6%
42.8%
Q3 25
-6.2%
52.7%
Q2 25
-6.1%
19.8%
Q1 25
1.0%
67.3%
Q4 24
-18.8%
26.3%
Q3 24
9.5%
37.4%
Q2 24
10.7%
32.8%
Q1 24
9.7%
57.2%
Capex Intensity
HTLD
HTLD
QLYS
QLYS
Q4 25
33.0%
0.4%
Q3 25
20.2%
0.5%
Q2 25
16.1%
0.8%
Q1 25
10.7%
1.3%
Q4 24
34.3%
3.7%
Q3 24
4.2%
2.2%
Q2 24
3.8%
0.7%
Q1 24
1.7%
1.4%
Cash Conversion
HTLD
HTLD
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

HTLD
HTLD

Segment breakdown not available.

QLYS
QLYS

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

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