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

QUALYS, INC. is the larger business by last-quarter revenue ($175.3M vs $107.6M, roughly 1.6× UP Fintech Holding Ltd). QUALYS, INC. runs the higher net margin — 30.3% vs 28.4%, a 1.9% gap on every dollar of revenue.

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

UP Fintech Holding Limited, operating under the Tiger Brokers brand, provides online financial services for global Chinese investors. It offers cross-market stock trading (US, Hong Kong, mainland China A-shares), fund management, margin financing and investor education for retail and institutional clients.

QLYS vs TIGR — Head-to-Head

Bigger by revenue
QLYS
QLYS
1.6× larger
QLYS
$175.3M
$107.6M
TIGR
Higher net margin
QLYS
QLYS
1.9% more per $
QLYS
30.3%
28.4%
TIGR

Income Statement — Q4 FY2025 vs Q1 FY2025

Metric
QLYS
QLYS
TIGR
TIGR
Revenue
$175.3M
$107.6M
Net Profit
$53.1M
$30.6M
Gross Margin
83.4%
Operating Margin
33.6%
Net Margin
30.3%
28.4%
Revenue YoY
10.1%
Net Profit YoY
20.9%
EPS (diluted)
$1.47
$0.01

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
TIGR
TIGR
Q4 25
$175.3M
Q3 25
$169.9M
Q2 25
$164.1M
Q1 25
$159.9M
$107.6M
Q4 24
$159.2M
Q3 24
$153.9M
Q2 24
$148.7M
$166.4M
Q1 24
$145.8M
Net Profit
QLYS
QLYS
TIGR
TIGR
Q4 25
$53.1M
Q3 25
$50.3M
Q2 25
$47.3M
Q1 25
$47.5M
$30.6M
Q4 24
$44.0M
Q3 24
$46.2M
Q2 24
$43.8M
$15.2M
Q1 24
$39.7M
Gross Margin
QLYS
QLYS
TIGR
TIGR
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
TIGR
TIGR
Q4 25
33.6%
Q3 25
35.3%
Q2 25
31.3%
Q1 25
32.4%
Q4 24
31.0%
Q3 24
29.2%
Q2 24
32.3%
14.0%
Q1 24
30.7%
Net Margin
QLYS
QLYS
TIGR
TIGR
Q4 25
30.3%
Q3 25
29.6%
Q2 25
28.8%
Q1 25
29.7%
28.4%
Q4 24
27.6%
Q3 24
30.0%
Q2 24
29.4%
9.1%
Q1 24
27.2%
EPS (diluted)
QLYS
QLYS
TIGR
TIGR
Q4 25
$1.47
Q3 25
$1.39
Q2 25
$1.29
Q1 25
$1.29
$0.01
Q4 24
$1.19
Q3 24
$1.24
Q2 24
$1.17
$0.01
Q1 24
$1.05

Balance Sheet & Financial Strength

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

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

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
QLYS
QLYS
TIGR
TIGR
Q4 25
$250.3M
Q3 25
$225.3M
Q2 25
$194.0M
Q1 25
$290.7M
Q4 24
$232.2M
Q3 24
$235.4M
Q2 24
$281.2M
$392.5M
Q1 24
$273.8M
Stockholders' Equity
QLYS
QLYS
TIGR
TIGR
Q4 25
$561.2M
Q3 25
$529.4M
Q2 25
$508.2M
Q1 25
$498.0M
Q4 24
$477.1M
Q3 24
$449.6M
Q2 24
$427.8M
$501.2M
Q1 24
$404.2M
Total Assets
QLYS
QLYS
TIGR
TIGR
Q4 25
$1.1B
Q3 25
$1.0B
Q2 25
$999.5M
Q1 25
$996.5M
Q4 24
$973.5M
Q3 24
$908.3M
Q2 24
$876.6M
$4.8B
Q1 24
$861.8M

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
TIGR
TIGR
Operating Cash FlowLast quarter
$75.7M
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
TIGR
TIGR
Q4 25
$75.7M
Q3 25
$90.4M
Q2 25
$33.8M
Q1 25
$109.6M
Q4 24
$47.7M
Q3 24
$61.0M
Q2 24
$49.8M
$155.1M
Q1 24
$85.5M
Free Cash Flow
QLYS
QLYS
TIGR
TIGR
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
$153.8M
Q1 24
$83.5M
FCF Margin
QLYS
QLYS
TIGR
TIGR
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%
92.4%
Q1 24
57.2%
Capex Intensity
QLYS
QLYS
TIGR
TIGR
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%
0.8%
Q1 24
1.4%
Cash Conversion
QLYS
QLYS
TIGR
TIGR
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×
10.20×
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%

TIGR
TIGR

Segment breakdown not available.

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