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Side-by-side financial comparison of QUALYS, INC. (QLYS) and Vital Farms, Inc. (VITL). Click either name above to swap in a different company.
Vital Farms, Inc. is the larger business by last-quarter revenue ($213.6M vs $175.3M, roughly 1.2× QUALYS, INC.). QUALYS, INC. runs the higher net margin — 30.3% vs 7.6%, a 22.7% gap on every dollar of revenue. On growth, Vital Farms, Inc. posted the faster year-over-year revenue change (28.7% vs 10.1%). QUALYS, INC. produced more free cash flow last quarter ($74.9M vs $-32.1M). Over the past eight quarters, Vital Farms, Inc.'s revenue compounded faster (20.2% CAGR vs 9.6%).
Qualys, Inc. is an American technology firm based in Foster City, California, specializing in cloud security, compliance and related services.
Vital Tomosi Dairy Limited is a dairy processing company in Uganda. The company is a joint venture between Vital Capital Fund, "an impact investing fund primarily focused on Sub-Saharan Africa", and "Tomosi Dairy Farms, a Ugandan producer of dairy products".
QLYS vs VITL — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | ||
|---|---|---|
| Revenue | $175.3M | $213.6M |
| Net Profit | $53.1M | $16.3M |
| Gross Margin | 83.4% | 35.8% |
| Operating Margin | 33.6% | 10.0% |
| Net Margin | 30.3% | 7.6% |
| Revenue YoY | 10.1% | 28.7% |
| Net Profit YoY | 20.9% | 54.3% |
| EPS (diluted) | $1.47 | $0.35 |
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.
| Q4 25 | $175.3M | $213.6M | ||
| Q3 25 | $169.9M | $198.9M | ||
| Q2 25 | $164.1M | $184.8M | ||
| Q1 25 | $159.9M | $162.2M | ||
| Q4 24 | $159.2M | $166.0M | ||
| Q3 24 | $153.9M | $145.0M | ||
| Q2 24 | $148.7M | $147.4M | ||
| Q1 24 | $145.8M | $147.9M |
| Q4 25 | $53.1M | $16.3M | ||
| Q3 25 | $50.3M | $16.4M | ||
| Q2 25 | $47.3M | $16.6M | ||
| Q1 25 | $47.5M | $16.9M | ||
| Q4 24 | $44.0M | $10.6M | ||
| Q3 24 | $46.2M | $7.4M | ||
| Q2 24 | $43.8M | $16.3M | ||
| Q1 24 | $39.7M | $19.0M |
| Q4 25 | 83.4% | 35.8% | ||
| Q3 25 | 83.6% | 37.7% | ||
| Q2 25 | 82.4% | 38.9% | ||
| Q1 25 | 81.9% | 38.5% | ||
| Q4 24 | 81.8% | 36.1% | ||
| Q3 24 | 81.3% | 36.9% | ||
| Q2 24 | 82.2% | 39.1% | ||
| Q1 24 | 81.3% | 39.8% |
| Q4 25 | 33.6% | 10.0% | ||
| Q3 25 | 35.3% | 10.8% | ||
| Q2 25 | 31.3% | 12.9% | ||
| Q1 25 | 32.4% | 13.4% | ||
| Q4 24 | 31.0% | 7.8% | ||
| Q3 24 | 29.2% | 6.4% | ||
| Q2 24 | 32.3% | 11.6% | ||
| Q1 24 | 30.7% | 16.3% |
| Q4 25 | 30.3% | 7.6% | ||
| Q3 25 | 29.6% | 8.3% | ||
| Q2 25 | 28.8% | 9.0% | ||
| Q1 25 | 29.7% | 10.4% | ||
| Q4 24 | 27.6% | 6.4% | ||
| Q3 24 | 30.0% | 5.1% | ||
| Q2 24 | 29.4% | 11.1% | ||
| Q1 24 | 27.2% | 12.9% |
| Q4 25 | $1.47 | $0.35 | ||
| Q3 25 | $1.39 | $0.36 | ||
| Q2 25 | $1.29 | $0.36 | ||
| Q1 25 | $1.29 | $0.37 | ||
| Q4 24 | $1.19 | $0.23 | ||
| Q3 24 | $1.24 | $0.16 | ||
| Q2 24 | $1.17 | $0.36 | ||
| 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 | ||
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $250.3M | $48.8M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $561.2M | $351.3M |
| Total Assets | $1.1B | $518.7M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $250.3M | $48.8M | ||
| Q3 25 | $225.3M | $93.8M | ||
| Q2 25 | $194.0M | $108.2M | ||
| Q1 25 | $290.7M | $156.3M | ||
| Q4 24 | $232.2M | $150.6M | ||
| Q3 24 | $235.4M | $149.5M | ||
| Q2 24 | $281.2M | $133.2M | ||
| Q1 24 | $273.8M | $113.8M |
| Q4 25 | $561.2M | $351.3M | ||
| Q3 25 | $529.4M | $331.2M | ||
| Q2 25 | $508.2M | $309.8M | ||
| Q1 25 | $498.0M | $288.9M | ||
| Q4 24 | $477.1M | $269.3M | ||
| Q3 24 | $449.6M | $253.4M | ||
| Q2 24 | $427.8M | $238.4M | ||
| Q1 24 | $404.2M | $213.3M |
| Q4 25 | $1.1B | $518.7M | ||
| Q3 25 | $1.0B | $481.5M | ||
| Q2 25 | $999.5M | $430.8M | ||
| Q1 25 | $996.5M | $376.9M | ||
| Q4 24 | $973.5M | $359.3M | ||
| Q3 24 | $908.3M | $344.7M | ||
| Q2 24 | $876.6M | $320.5M | ||
| Q1 24 | $861.8M | $300.2M |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | ||
|---|---|---|
| Operating Cash FlowLast quarter | $75.7M | $5.8M |
| Free Cash FlowOCF − Capex | $74.9M | $-32.1M |
| FCF MarginFCF / Revenue | 42.8% | -15.1% |
| Capex IntensityCapex / Revenue | 0.4% | 17.8% |
| Cash ConversionOCF / Net Profit | 1.42× | 0.35× |
| TTM Free Cash FlowTrailing 4 quarters | $304.4M | $-48.2M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $75.7M | $5.8M | ||
| Q3 25 | $90.4M | $23.4M | ||
| Q2 25 | $33.8M | $-761.0K | ||
| Q1 25 | $109.6M | $5.3M | ||
| Q4 24 | $47.7M | $14.8M | ||
| Q3 24 | $61.0M | $10.0M | ||
| Q2 24 | $49.8M | $16.1M | ||
| Q1 24 | $85.5M | $23.9M |
| Q4 25 | $74.9M | $-32.1M | ||
| Q3 25 | $89.5M | $-10.6M | ||
| Q2 25 | $32.4M | $-7.6M | ||
| Q1 25 | $107.5M | $2.1M | ||
| Q4 24 | $41.9M | $-3.4M | ||
| Q3 24 | $57.6M | $6.4M | ||
| Q2 24 | $48.8M | $10.5M | ||
| Q1 24 | $83.5M | $22.6M |
| Q4 25 | 42.8% | -15.1% | ||
| Q3 25 | 52.7% | -5.3% | ||
| Q2 25 | 19.8% | -4.1% | ||
| Q1 25 | 67.3% | 1.3% | ||
| Q4 24 | 26.3% | -2.0% | ||
| Q3 24 | 37.4% | 4.4% | ||
| Q2 24 | 32.8% | 7.2% | ||
| Q1 24 | 57.2% | 15.3% |
| Q4 25 | 0.4% | 17.8% | ||
| Q3 25 | 0.5% | 17.1% | ||
| Q2 25 | 0.8% | 3.7% | ||
| Q1 25 | 1.3% | 1.9% | ||
| Q4 24 | 3.7% | 10.9% | ||
| Q3 24 | 2.2% | 2.5% | ||
| Q2 24 | 0.7% | 3.8% | ||
| Q1 24 | 1.4% | 0.9% |
| Q4 25 | 1.42× | 0.35× | ||
| Q3 25 | 1.80× | 1.43× | ||
| Q2 25 | 0.71× | -0.05× | ||
| Q1 25 | 2.31× | 0.31× | ||
| Q4 24 | 1.09× | 1.40× | ||
| Q3 24 | 1.32× | 1.34× | ||
| Q2 24 | 1.14× | 0.99× | ||
| Q1 24 | 2.15× | 1.26× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
QLYS
| Sales Channel Through Intermediary | $88.6M | 51% |
| Sales Channel Directly To Consumer | $86.7M | 49% |
VITL
| Eggs And Egg Related Products | $205.8M | 96% |
| Butter And Butter Related Products | $7.7M | 4% |