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

RADIANT LOGISTICS, INC is the larger business by last-quarter revenue ($232.1M vs $175.3M, roughly 1.3× QUALYS, INC.). QUALYS, INC. runs the higher net margin — 30.3% vs 2.3%, a 28.0% gap on every dollar of revenue. On growth, QUALYS, INC. posted the faster year-over-year revenue change (10.1% vs -12.3%). QUALYS, INC. produced more free cash flow last quarter ($74.9M vs $11.6M). Over the past eight quarters, RADIANT LOGISTICS, INC's revenue compounded faster (12.1% CAGR vs 9.6%).

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

Radiant Logistics, Inc. is a leading third-party logistics provider offering end-to-end supply chain solutions, domestic and international freight forwarding, warehousing, and last-mile delivery services. It primarily serves North American markets, with key client segments including retail, manufacturing, e-commerce, and industrial sectors, helping businesses optimize logistics workflows and cut operational costs.

QLYS vs RLGT — Head-to-Head

Bigger by revenue
RLGT
RLGT
1.3× larger
RLGT
$232.1M
$175.3M
QLYS
Growing faster (revenue YoY)
QLYS
QLYS
+22.4% gap
QLYS
10.1%
-12.3%
RLGT
Higher net margin
QLYS
QLYS
28.0% more per $
QLYS
30.3%
2.3%
RLGT
More free cash flow
QLYS
QLYS
$63.3M more FCF
QLYS
$74.9M
$11.6M
RLGT
Faster 2-yr revenue CAGR
RLGT
RLGT
Annualised
RLGT
12.1%
9.6%
QLYS

Income Statement — Q4 FY2025 vs Q2 FY2026

Metric
QLYS
QLYS
RLGT
RLGT
Revenue
$175.3M
$232.1M
Net Profit
$53.1M
$5.3M
Gross Margin
83.4%
Operating Margin
33.6%
3.2%
Net Margin
30.3%
2.3%
Revenue YoY
10.1%
-12.3%
Net Profit YoY
20.9%
-18.0%
EPS (diluted)
$1.47
$0.11

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
QLYS
QLYS
RLGT
RLGT
Q4 25
$175.3M
$232.1M
Q3 25
$169.9M
$226.7M
Q2 25
$164.1M
$220.6M
Q1 25
$159.9M
$214.0M
Q4 24
$159.2M
$264.5M
Q3 24
$153.9M
$203.6M
Q2 24
$148.7M
$206.0M
Q1 24
$145.8M
$184.6M
Net Profit
QLYS
QLYS
RLGT
RLGT
Q4 25
$53.1M
$5.3M
Q3 25
$50.3M
$1.3M
Q2 25
$47.3M
$4.9M
Q1 25
$47.5M
$2.5M
Q4 24
$44.0M
$6.5M
Q3 24
$46.2M
$3.4M
Q2 24
$43.8M
$4.8M
Q1 24
$39.7M
$-703.0K
Gross Margin
QLYS
QLYS
RLGT
RLGT
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
QLYS
QLYS
RLGT
RLGT
Q4 25
33.6%
3.2%
Q3 25
35.3%
0.9%
Q2 25
31.3%
2.4%
Q1 25
32.4%
1.6%
Q4 24
31.0%
3.3%
Q3 24
29.2%
1.9%
Q2 24
32.3%
2.4%
Q1 24
30.7%
-0.5%
Net Margin
QLYS
QLYS
RLGT
RLGT
Q4 25
30.3%
2.3%
Q3 25
29.6%
0.6%
Q2 25
28.8%
2.2%
Q1 25
29.7%
1.2%
Q4 24
27.6%
2.4%
Q3 24
30.0%
1.7%
Q2 24
29.4%
2.3%
Q1 24
27.2%
-0.4%
EPS (diluted)
QLYS
QLYS
RLGT
RLGT
Q4 25
$1.47
$0.11
Q3 25
$1.39
$0.03
Q2 25
$1.29
$0.10
Q1 25
$1.29
$0.05
Q4 24
$1.19
$0.13
Q3 24
$1.24
$0.07
Q2 24
$1.17
$0.11
Q1 24
$1.05
$-0.02

Balance Sheet & Financial Strength

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

Metric
QLYS
QLYS
RLGT
RLGT
Cash + ST InvestmentsLiquidity on hand
$250.3M
$31.9M
Total DebtLower is stronger
Stockholders' EquityBook value
$561.2M
$229.8M
Total Assets
$1.1B
$439.4M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
QLYS
QLYS
RLGT
RLGT
Q4 25
$250.3M
$31.9M
Q3 25
$225.3M
$28.1M
Q2 25
$194.0M
$22.9M
Q1 25
$290.7M
$19.0M
Q4 24
$232.2M
$19.9M
Q3 24
$235.4M
$10.4M
Q2 24
$281.2M
$24.9M
Q1 24
$273.8M
$31.2M
Stockholders' Equity
QLYS
QLYS
RLGT
RLGT
Q4 25
$561.2M
$229.8M
Q3 25
$529.4M
$225.7M
Q2 25
$508.2M
$226.0M
Q1 25
$498.0M
$218.2M
Q4 24
$477.1M
$214.4M
Q3 24
$449.6M
$212.4M
Q2 24
$427.8M
$209.4M
Q1 24
$404.2M
$206.0M
Total Assets
QLYS
QLYS
RLGT
RLGT
Q4 25
$1.1B
$439.4M
Q3 25
$1.0B
$445.3M
Q2 25
$999.5M
$426.8M
Q1 25
$996.5M
$414.5M
Q4 24
$973.5M
$386.8M
Q3 24
$908.3M
$375.3M
Q2 24
$876.6M
$371.2M
Q1 24
$861.8M
$364.0M

Cash Flow & Capital Efficiency

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

Metric
QLYS
QLYS
RLGT
RLGT
Operating Cash FlowLast quarter
$75.7M
$12.4M
Free Cash FlowOCF − Capex
$74.9M
$11.6M
FCF MarginFCF / Revenue
42.8%
5.0%
Capex IntensityCapex / Revenue
0.4%
0.3%
Cash ConversionOCF / Net Profit
1.42×
2.33×
TTM Free Cash FlowTrailing 4 quarters
$304.4M
$8.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
QLYS
QLYS
RLGT
RLGT
Q4 25
$75.7M
$12.4M
Q3 25
$90.4M
$2.5M
Q2 25
$33.8M
$3.1M
Q1 25
$109.6M
$-5.7M
Q4 24
$47.7M
$15.7M
Q3 24
$61.0M
$205.0K
Q2 24
$49.8M
$1.3M
Q1 24
$85.5M
$3.9M
Free Cash Flow
QLYS
QLYS
RLGT
RLGT
Q4 25
$74.9M
$11.6M
Q3 25
$89.5M
$977.0K
Q2 25
$32.4M
$2.2M
Q1 25
$107.5M
$-6.4M
Q4 24
$41.9M
$14.1M
Q3 24
$57.6M
$-1.9M
Q2 24
$48.8M
$-185.0K
Q1 24
$83.5M
$1.8M
FCF Margin
QLYS
QLYS
RLGT
RLGT
Q4 25
42.8%
5.0%
Q3 25
52.7%
0.4%
Q2 25
19.8%
1.0%
Q1 25
67.3%
-3.0%
Q4 24
26.3%
5.3%
Q3 24
37.4%
-0.9%
Q2 24
32.8%
-0.1%
Q1 24
57.2%
1.0%
Capex Intensity
QLYS
QLYS
RLGT
RLGT
Q4 25
0.4%
0.3%
Q3 25
0.5%
0.7%
Q2 25
0.8%
0.4%
Q1 25
1.3%
0.3%
Q4 24
3.7%
0.6%
Q3 24
2.2%
1.0%
Q2 24
0.7%
0.7%
Q1 24
1.4%
1.2%
Cash Conversion
QLYS
QLYS
RLGT
RLGT
Q4 25
1.42×
2.33×
Q3 25
1.80×
1.90×
Q2 25
0.71×
0.63×
Q1 25
2.31×
-2.26×
Q4 24
1.09×
2.43×
Q3 24
1.32×
0.06×
Q2 24
1.14×
0.26×
Q1 24
2.15×

Financial Flow Comparison

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

Revenue Breakdown by Segment

QLYS
QLYS

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

RLGT
RLGT

Transferred Over Time$201.2M87%
Other$25.0M11%
Value Added Services$4.2M2%
Transferred At Point In Time$1.8M1%

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