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Side-by-side financial comparison of PAMT CORP (PAMT) 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 $141.3M, roughly 1.2× PAMT CORP). QUALYS, INC. runs the higher net margin — 30.3% vs -20.7%, a 51.0% gap on every dollar of revenue. On growth, QUALYS, INC. posted the faster year-over-year revenue change (10.1% vs -15.1%). QUALYS, INC. produced more free cash flow last quarter ($74.9M vs $-25.0M). Over the past eight quarters, QUALYS, INC.'s revenue compounded faster (9.6% CAGR vs -12.0%).

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

PAMT vs QLYS — Head-to-Head

Bigger by revenue
QLYS
QLYS
1.2× larger
QLYS
$175.3M
$141.3M
PAMT
Growing faster (revenue YoY)
QLYS
QLYS
+25.2% gap
QLYS
10.1%
-15.1%
PAMT
Higher net margin
QLYS
QLYS
51.0% more per $
QLYS
30.3%
-20.7%
PAMT
More free cash flow
QLYS
QLYS
$99.9M more FCF
QLYS
$74.9M
$-25.0M
PAMT
Faster 2-yr revenue CAGR
QLYS
QLYS
Annualised
QLYS
9.6%
-12.0%
PAMT

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
PAMT
PAMT
QLYS
QLYS
Revenue
$141.3M
$175.3M
Net Profit
$-29.3M
$53.1M
Gross Margin
83.4%
Operating Margin
-27.0%
33.6%
Net Margin
-20.7%
30.3%
Revenue YoY
-15.1%
10.1%
Net Profit YoY
7.4%
20.9%
EPS (diluted)
$-1.38
$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
PAMT
PAMT
QLYS
QLYS
Q4 25
$141.3M
$175.3M
Q3 25
$150.3M
$169.9M
Q2 25
$151.1M
$164.1M
Q1 25
$155.3M
$159.9M
Q4 24
$166.5M
$159.2M
Q3 24
$182.6M
$153.9M
Q2 24
$182.9M
$148.7M
Q1 24
$182.6M
$145.8M
Net Profit
PAMT
PAMT
QLYS
QLYS
Q4 25
$-29.3M
$53.1M
Q3 25
$-5.6M
$50.3M
Q2 25
$-9.6M
$47.3M
Q1 25
$-8.1M
$47.5M
Q4 24
$-31.6M
$44.0M
Q3 24
$2.4M
$46.2M
Q2 24
$-2.9M
$43.8M
Q1 24
$281.0K
$39.7M
Gross Margin
PAMT
PAMT
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
PAMT
PAMT
QLYS
QLYS
Q4 25
-27.0%
33.6%
Q3 25
-3.8%
35.3%
Q2 25
-7.3%
31.3%
Q1 25
-5.9%
32.4%
Q4 24
-22.6%
31.0%
Q3 24
1.3%
29.2%
Q2 24
-0.4%
32.3%
Q1 24
-0.4%
30.7%
Net Margin
PAMT
PAMT
QLYS
QLYS
Q4 25
-20.7%
30.3%
Q3 25
-3.7%
29.6%
Q2 25
-6.4%
28.8%
Q1 25
-5.2%
29.7%
Q4 24
-19.0%
27.6%
Q3 24
1.3%
30.0%
Q2 24
-1.6%
29.4%
Q1 24
0.2%
27.2%
EPS (diluted)
PAMT
PAMT
QLYS
QLYS
Q4 25
$-1.38
$1.47
Q3 25
$-0.27
$1.39
Q2 25
$-0.46
$1.29
Q1 25
$-0.37
$1.29
Q4 24
$-1.44
$1.19
Q3 24
$0.11
$1.24
Q2 24
$-0.13
$1.17
Q1 24
$0.01
$1.05

Balance Sheet & Financial Strength

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

Metric
PAMT
PAMT
QLYS
QLYS
Cash + ST InvestmentsLiquidity on hand
$83.7M
$250.3M
Total DebtLower is stronger
$333.9M
Stockholders' EquityBook value
$210.5M
$561.2M
Total Assets
$697.9M
$1.1B
Debt / EquityLower = less leverage
1.59×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PAMT
PAMT
QLYS
QLYS
Q4 25
$83.7M
$250.3M
Q3 25
$115.6M
$225.3M
Q2 25
$117.3M
$194.0M
Q1 25
$102.7M
$290.7M
Q4 24
$110.7M
$232.2M
Q3 24
$92.3M
$235.4M
Q2 24
$114.0M
$281.2M
Q1 24
$125.8M
$273.8M
Total Debt
PAMT
PAMT
QLYS
QLYS
Q4 25
$333.9M
Q3 25
Q2 25
Q1 25
Q4 24
$325.6M
Q3 24
Q2 24
Q1 24
Stockholders' Equity
PAMT
PAMT
QLYS
QLYS
Q4 25
$210.5M
$561.2M
Q3 25
$239.5M
$529.4M
Q2 25
$244.9M
$508.2M
Q1 25
$269.6M
$498.0M
Q4 24
$277.5M
$477.1M
Q3 24
$308.9M
$449.6M
Q2 24
$306.7M
$427.8M
Q1 24
$314.6M
$404.2M
Total Assets
PAMT
PAMT
QLYS
QLYS
Q4 25
$697.9M
$1.1B
Q3 25
$715.2M
$1.0B
Q2 25
$707.9M
$999.5M
Q1 25
$712.6M
$996.5M
Q4 24
$741.7M
$973.5M
Q3 24
$756.7M
$908.3M
Q2 24
$733.5M
$876.6M
Q1 24
$746.4M
$861.8M
Debt / Equity
PAMT
PAMT
QLYS
QLYS
Q4 25
1.59×
Q3 25
Q2 25
Q1 25
Q4 24
1.17×
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
PAMT
PAMT
QLYS
QLYS
Operating Cash FlowLast quarter
$-5.8M
$75.7M
Free Cash FlowOCF − Capex
$-25.0M
$74.9M
FCF MarginFCF / Revenue
-17.7%
42.8%
Capex IntensityCapex / Revenue
13.6%
0.4%
Cash ConversionOCF / Net Profit
1.42×
TTM Free Cash FlowTrailing 4 quarters
$-23.4M
$304.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
PAMT
PAMT
QLYS
QLYS
Q4 25
$-5.8M
$75.7M
Q3 25
$5.9M
$90.4M
Q2 25
$12.2M
$33.8M
Q1 25
$5.0M
$109.6M
Q4 24
$15.2M
$47.7M
Q3 24
$15.5M
$61.0M
Q2 24
$18.7M
$49.8M
Q1 24
$9.6M
$85.5M
Free Cash Flow
PAMT
PAMT
QLYS
QLYS
Q4 25
$-25.0M
$74.9M
Q3 25
$2.5M
$89.5M
Q2 25
$5.9M
$32.4M
Q1 25
$-6.8M
$107.5M
Q4 24
$-39.9M
$41.9M
Q3 24
$-33.6M
$57.6M
Q2 24
$4.1M
$48.8M
Q1 24
$-12.2M
$83.5M
FCF Margin
PAMT
PAMT
QLYS
QLYS
Q4 25
-17.7%
42.8%
Q3 25
1.7%
52.7%
Q2 25
3.9%
19.8%
Q1 25
-4.4%
67.3%
Q4 24
-24.0%
26.3%
Q3 24
-18.4%
37.4%
Q2 24
2.2%
32.8%
Q1 24
-6.7%
57.2%
Capex Intensity
PAMT
PAMT
QLYS
QLYS
Q4 25
13.6%
0.4%
Q3 25
2.3%
0.5%
Q2 25
4.2%
0.8%
Q1 25
7.6%
1.3%
Q4 24
33.1%
3.7%
Q3 24
26.9%
2.2%
Q2 24
8.0%
0.7%
Q1 24
12.0%
1.4%
Cash Conversion
PAMT
PAMT
QLYS
QLYS
Q4 25
1.42×
Q3 25
1.80×
Q2 25
0.71×
Q1 25
2.31×
Q4 24
1.09×
Q3 24
6.44×
1.32×
Q2 24
1.14×
Q1 24
34.11×
2.15×

Financial Flow Comparison

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

Revenue Breakdown by Segment

PAMT
PAMT

Freight Transportation Service$123.1M87%
Fuel Surcharge$18.2M13%

QLYS
QLYS

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

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