How do QUALYS, INC. and Safehold Inc. compare by revenue?

QUALYS, INC. reported revenue of $175.3M in Q4 FY2025, while Safehold Inc. reported $97.9M in Q4 FY2025. QUALYS, INC. is 1.8× larger by last-quarter revenue.

Which is growing revenue faster, QUALYS, INC. or Safehold Inc.?

QUALYS, INC.'s latest revenue grew 10.1% year-over-year, versus 6.5% for Safehold Inc.. QUALYS, INC. is growing faster on a YoY basis.

Which has a higher gross margin, QUALYS, INC. or Safehold Inc.?

QUALYS, INC.'s gross margin is 83.4% vs Safehold Inc.'s 98.6%. Safehold Inc. converts more of each revenue dollar into gross profit.

Which has a higher net margin, QUALYS, INC. or Safehold Inc.?

QUALYS, INC.'s net margin is 30.3% vs Safehold Inc.'s 28.5%. QUALYS, INC. has the higher bottom-line margin.

What is the 2-year revenue CAGR for QUALYS, INC. vs Safehold Inc.?

Over the trailing 8 quarters, QUALYS, INC. compounded revenue at roughly 9.6% per year, versus 2.5% for Safehold Inc.. QUALYS, INC. has the faster medium-term growth trajectory.

Where does this QLYS vs SAFE data come from?

All figures are parsed directly from SEC EDGAR 10-Q / 10-K / 20-F / 6-K filings (for US-listed issuers) or EDINET filings (for Japanese issuers), then normalised into a common schema. Numbers update automatically as new filings are released.

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

QUALYS, INC. is the larger business by last-quarter revenue ($175.3M vs $97.9M, roughly 1.8× Safehold Inc.). QUALYS, INC. runs the higher net margin — 30.3% vs 28.5%, a 1.8% gap on every dollar of revenue. On growth, QUALYS, INC. posted the faster year-over-year revenue change (10.1% vs 6.5%). Over the past eight quarters, QUALYS, INC.'s revenue compounded faster (9.6% CAGR vs 2.5%).

QUALYS, INC.QLYSEarnings & Financial Report

Nasdaq · Information Technology · Services-Prepackaged Software

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

Safehold Inc.SAFEEarnings & Financial Report

NYSE · Financials · Real Estate Investment Trusts

SAFE Investment Company Limited is a Chinese sovereign wealth fund based in Hong Kong.

QLYS vs SAFE — Head-to-Head

Bigger by revenue

QLYS

1.8× larger

$175.3M

$97.9M

Growing faster (revenue YoY)

QLYS

+3.6% gap

10.1%

6.5%

Higher net margin

QLYS

1.8% more per $

30.3%

28.5%

Faster 2-yr revenue CAGR

QLYS

Annualised

9.6%

2.5%

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric	QLYS	SAFE
Revenue	$175.3M	$97.9M
Net Profit	$53.1M	$27.9M
Gross Margin	83.4%	98.6%
Operating Margin	33.6%	27.4%
Net Margin	30.3%	28.5%
Revenue YoY	10.1%	6.5%
Net Profit YoY	20.9%	7.1%
EPS (diluted)	$1.47	$0.38

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

SAFE

Q4 25	$175.3M	$97.9M
Q3 25	$169.9M	$96.2M
Q2 25	$164.1M	$93.8M
Q1 25	$159.9M	$97.7M
Q4 24	$159.2M	$91.9M
Q3 24	$153.9M	$90.7M
Q2 24	$148.7M	$89.9M
Q1 24	$145.8M	$93.2M

Net Profit

QLYS

SAFE

Q4 25	$53.1M	$27.9M
Q3 25	$50.3M	$29.3M
Q2 25	$47.3M	$27.9M
Q1 25	$47.5M	$29.4M
Q4 24	$44.0M	$26.0M
Q3 24	$46.2M	$19.3M
Q2 24	$43.8M	$29.7M
Q1 24	$39.7M	$30.7M

Gross Margin

QLYS

SAFE

Q4 25	83.4%	98.6%
Q3 25	83.6%	98.5%
Q2 25	82.4%	99.1%
Q1 25	81.9%	98.8%
Q4 24	81.8%	98.8%
Q3 24	81.3%	98.8%
Q2 24	82.2%	98.8%
Q1 24	81.3%	98.8%

Operating Margin

QLYS

SAFE

Q4 25	33.6%	27.4%
Q3 25	35.3%	25.9%
Q2 25	31.3%	25.5%
Q1 25	32.4%	25.9%
Q4 24	31.0%	24.6%
Q3 24	29.2%	17.5%
Q2 24	32.3%	26.7%
Q1 24	30.7%	26.4%

Net Margin

QLYS

SAFE

Q4 25	30.3%	28.5%
Q3 25	29.6%	30.5%
Q2 25	28.8%	29.8%
Q1 25	29.7%	30.1%
Q4 24	27.6%	28.3%
Q3 24	30.0%	21.3%
Q2 24	29.4%	33.0%
Q1 24	27.2%	33.0%

EPS (diluted)

QLYS

SAFE

Q4 25	$1.47	$0.38
Q3 25	$1.39	$0.41
Q2 25	$1.29	$0.39
Q1 25	$1.29	$0.41
Q4 24	$1.19	$0.36
Q3 24	$1.24	$0.27
Q2 24	$1.17	$0.42
Q1 24	$1.05	$0.43

Balance Sheet & Financial Strength

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

Metric	QLYS	SAFE
Cash + ST InvestmentsLiquidity on hand	$250.3M	$21.7M
Total DebtLower is stronger	—	$4.6B
Stockholders' EquityBook value	$561.2M	$2.4B
Total Assets	$1.1B	$7.2B
Debt / EquityLower = less leverage	—	1.90×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments

QLYS

SAFE

Q4 25	$250.3M	$21.7M
Q3 25	$225.3M	$12.1M
Q2 25	$194.0M	$13.9M
Q1 25	$290.7M	$17.3M
Q4 24	$232.2M	$8.3M
Q3 24	$235.4M	$15.6M
Q2 24	$281.2M	$13.4M
Q1 24	$273.8M	$11.3M

Total Debt

QLYS

SAFE

Q4 25	—	$4.6B
Q3 25	—	$4.5B
Q2 25	—	$4.4B
Q1 25	—	$4.3B
Q4 24	—	$4.3B
Q3 24	—	$4.3B
Q2 24	—	$4.2B
Q1 24	—	$4.1B

Stockholders' Equity

QLYS

SAFE

Q4 25	$561.2M	$2.4B
Q3 25	$529.4M	$2.4B
Q2 25	$508.2M	$2.4B
Q1 25	$498.0M	$2.4B
Q4 24	$477.1M	$2.3B
Q3 24	$449.6M	$2.3B
Q2 24	$427.8M	$2.3B
Q1 24	$404.2M	$2.3B

Total Assets

QLYS

SAFE

Q4 25	$1.1B	$7.2B
Q3 25	$1.0B	$7.1B
Q2 25	$999.5M	$7.1B
Q1 25	$996.5M	$6.9B
Q4 24	$973.5M	$6.9B
Q3 24	$908.3M	$6.8B
Q2 24	$876.6M	$6.8B
Q1 24	$861.8M	$6.7B

Debt / Equity

QLYS

SAFE

Q4 25	—	1.90×
Q3 25	—	1.89×
Q2 25	—	1.87×
Q1 25	—	1.85×
Q4 24	—	1.84×
Q3 24	—	1.88×
Q2 24	—	1.81×
Q1 24	—	1.81×

Cash Flow & Capital Efficiency

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

Metric	QLYS	SAFE
Operating Cash FlowLast quarter	$75.7M	$47.8M
Free Cash FlowOCF − Capex	$74.9M	—
FCF MarginFCF / Revenue	42.8%	—
Capex IntensityCapex / Revenue	0.4%	—
Cash ConversionOCF / Net Profit	1.42×	1.72×
TTM Free Cash FlowTrailing 4 quarters	$304.4M	—