vs

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

Seadrill Ltd is the larger business by last-quarter revenue ($273.0M vs $175.3M, roughly 1.6× QUALYS, INC.). QUALYS, INC. runs the higher net margin — 30.3% vs -3.7%, a 34.0% gap on every dollar of revenue. Over the past eight quarters, QUALYS, INC.'s revenue compounded faster (9.6% CAGR vs -8.9%).

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

Seadrill is an offshore drilling contractor providing worldwide offshore drilling services to the oil and gas industry. Its primary business is the ownership and operation of drillships, semi-submersible rigs, and jack-up rigs for operations in shallow to ultra-deep water in both benign and harsh environments. It provides a contract-based service and primarily serves the oil super-majors, integrated oil and gas, state-owned national oil, and independent oil and gas companies.

QLYS vs SDRL — Head-to-Head

Bigger by revenue
SDRL
SDRL
1.6× larger
SDRL
$273.0M
$175.3M
QLYS
Higher net margin
QLYS
QLYS
34.0% more per $
QLYS
30.3%
-3.7%
SDRL
Faster 2-yr revenue CAGR
QLYS
QLYS
Annualised
QLYS
9.6%
-8.9%
SDRL

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
QLYS
QLYS
SDRL
SDRL
Revenue
$175.3M
$273.0M
Net Profit
$53.1M
$-10.0M
Gross Margin
83.4%
Operating Margin
33.6%
-1.1%
Net Margin
30.3%
-3.7%
Revenue YoY
10.1%
Net Profit YoY
20.9%
EPS (diluted)
$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
QLYS
QLYS
SDRL
SDRL
Q4 25
$175.3M
$273.0M
Q3 25
$169.9M
$280.0M
Q2 25
$164.1M
$288.0M
Q1 25
$159.9M
$248.0M
Q4 24
$159.2M
Q3 24
$153.9M
$263.0M
Q2 24
$148.7M
$267.0M
Q1 24
$145.8M
$275.0M
Net Profit
QLYS
QLYS
SDRL
SDRL
Q4 25
$53.1M
$-10.0M
Q3 25
$50.3M
$-11.0M
Q2 25
$47.3M
$-42.0M
Q1 25
$47.5M
$-14.0M
Q4 24
$44.0M
Q3 24
$46.2M
$32.0M
Q2 24
$43.8M
$253.0M
Q1 24
$39.7M
$60.0M
Gross Margin
QLYS
QLYS
SDRL
SDRL
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
SDRL
SDRL
Q4 25
33.6%
-1.1%
Q3 25
35.3%
9.3%
Q2 25
31.3%
2.1%
Q1 25
32.4%
7.3%
Q4 24
31.0%
Q3 24
29.2%
17.9%
Q2 24
32.3%
Q1 24
30.7%
29.1%
Net Margin
QLYS
QLYS
SDRL
SDRL
Q4 25
30.3%
-3.7%
Q3 25
29.6%
-3.9%
Q2 25
28.8%
-14.6%
Q1 25
29.7%
-5.6%
Q4 24
27.6%
Q3 24
30.0%
12.2%
Q2 24
29.4%
94.8%
Q1 24
27.2%
21.8%
EPS (diluted)
QLYS
QLYS
SDRL
SDRL
Q4 25
$1.47
Q3 25
$1.39
$-0.17
Q2 25
$1.29
$-0.68
Q1 25
$1.29
$-0.23
Q4 24
$1.19
Q3 24
$1.24
$0.49
Q2 24
$1.17
$3.49
Q1 24
$1.05
$0.81

Balance Sheet & Financial Strength

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

Metric
QLYS
QLYS
SDRL
SDRL
Cash + ST InvestmentsLiquidity on hand
$250.3M
$339.0M
Total DebtLower is stronger
$613.0M
Stockholders' EquityBook value
$561.2M
$2.9B
Total Assets
$1.1B
$3.9B
Debt / EquityLower = less leverage
0.21×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
QLYS
QLYS
SDRL
SDRL
Q4 25
$250.3M
$339.0M
Q3 25
$225.3M
$402.0M
Q2 25
$194.0M
$393.0M
Q1 25
$290.7M
$404.0M
Q4 24
$232.2M
Q3 24
$235.4M
Q2 24
$281.2M
$835.0M
Q1 24
$273.8M
Total Debt
QLYS
QLYS
SDRL
SDRL
Q4 25
$613.0M
Q3 25
$612.0M
Q2 25
$612.0M
Q1 25
$611.0M
Q4 24
Q3 24
Q2 24
$609.0M
Q1 24
Stockholders' Equity
QLYS
QLYS
SDRL
SDRL
Q4 25
$561.2M
$2.9B
Q3 25
$529.4M
$2.9B
Q2 25
$508.2M
$2.9B
Q1 25
$498.0M
$2.9B
Q4 24
$477.1M
Q3 24
$449.6M
$2.9B
Q2 24
$427.8M
$3.1B
Q1 24
$404.2M
$2.9B
Total Assets
QLYS
QLYS
SDRL
SDRL
Q4 25
$1.1B
$3.9B
Q3 25
$1.0B
$4.1B
Q2 25
$999.5M
$4.1B
Q1 25
$996.5M
$4.1B
Q4 24
$973.5M
Q3 24
$908.3M
Q2 24
$876.6M
$4.3B
Q1 24
$861.8M
Debt / Equity
QLYS
QLYS
SDRL
SDRL
Q4 25
0.21×
Q3 25
0.21×
Q2 25
0.21×
Q1 25
0.21×
Q4 24
Q3 24
Q2 24
0.20×
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
QLYS
QLYS
SDRL
SDRL
Operating Cash FlowLast quarter
$75.7M
$-40.0M
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
QLYS
QLYS
SDRL
SDRL
Q4 25
$75.7M
$-40.0M
Q3 25
$90.4M
$28.0M
Q2 25
$33.8M
$11.0M
Q1 25
$109.6M
$-27.0M
Q4 24
$47.7M
Q3 24
$61.0M
$-27.0M
Q2 24
$49.8M
$79.0M
Q1 24
$85.5M
$29.0M
Free Cash Flow
QLYS
QLYS
SDRL
SDRL
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
QLYS
QLYS
SDRL
SDRL
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
QLYS
QLYS
SDRL
SDRL
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
QLYS
QLYS
SDRL
SDRL
Q4 25
1.42×
Q3 25
1.80×
Q2 25
0.71×
Q1 25
2.31×
Q4 24
1.09×
Q3 24
1.32×
-0.84×
Q2 24
1.14×
0.31×
Q1 24
2.15×
0.48×

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%

SDRL
SDRL

Segment breakdown not available.

Related Comparisons