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Side-by-side financial comparison of QUALYS, INC. (QLYS) and WORKIVA INC (WK). Click either name above to swap in a different company.
WORKIVA INC is the larger business by last-quarter revenue ($238.9M vs $175.3M, roughly 1.4× QUALYS, INC.). QUALYS, INC. runs the higher net margin — 30.3% vs 4.9%, a 25.4% gap on every dollar of revenue. On growth, WORKIVA INC posted the faster year-over-year revenue change (19.5% vs 10.1%). QUALYS, INC. produced more free cash flow last quarter ($74.9M vs $50.7M). Over the past eight quarters, WORKIVA INC's revenue compounded faster (16.6% CAGR vs 9.6%).
Qualys, Inc. is an American technology firm based in Foster City, California, specializing in cloud security, compliance and related services.
Workiva, Inc. is a global software-as-a-service (SaaS) company. It provides a cloud-based connected and reporting compliance platform that enables the use of connected data and automation of reporting across finance, accounting, risk, and compliance.
QLYS vs WK — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $175.3M | $238.9M |
| Net Profit | $53.1M | $11.8M |
| Gross Margin | 83.4% | 80.7% |
| Operating Margin | 33.6% | 3.3% |
| Net Margin | 30.3% | 4.9% |
| Revenue YoY | 10.1% | 19.5% |
| Net Profit YoY | 20.9% | 234.0% |
| EPS (diluted) | $1.47 | $0.21 |
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 | $238.9M | ||
| Q3 25 | $169.9M | $224.2M | ||
| Q2 25 | $164.1M | $215.2M | ||
| Q1 25 | $159.9M | $206.3M | ||
| Q4 24 | $159.2M | $199.9M | ||
| Q3 24 | $153.9M | $185.6M | ||
| Q2 24 | $148.7M | $177.5M | ||
| Q1 24 | $145.8M | $175.7M |
| Q4 25 | $53.1M | $11.8M | ||
| Q3 25 | $50.3M | $2.8M | ||
| Q2 25 | $47.3M | $-19.4M | ||
| Q1 25 | $47.5M | $-21.4M | ||
| Q4 24 | $44.0M | $-8.8M | ||
| Q3 24 | $46.2M | $-17.0M | ||
| Q2 24 | $43.8M | $-17.5M | ||
| Q1 24 | $39.7M | $-11.7M |
| Q4 25 | 83.4% | 80.7% | ||
| Q3 25 | 83.6% | 79.3% | ||
| Q2 25 | 82.4% | 77.0% | ||
| Q1 25 | 81.9% | 76.6% | ||
| Q4 24 | 81.8% | 77.1% | ||
| Q3 24 | 81.3% | 76.5% | ||
| Q2 24 | 82.2% | 76.8% | ||
| Q1 24 | 81.3% | 76.4% |
| Q4 25 | 33.6% | 3.3% | ||
| Q3 25 | 35.3% | -1.5% | ||
| Q2 25 | 31.3% | -10.3% | ||
| Q1 25 | 32.4% | -12.0% | ||
| Q4 24 | 31.0% | -6.7% | ||
| Q3 24 | 29.2% | -11.7% | ||
| Q2 24 | 32.3% | -13.0% | ||
| Q1 24 | 30.7% | -10.4% |
| Q4 25 | 30.3% | 4.9% | ||
| Q3 25 | 29.6% | 1.2% | ||
| Q2 25 | 28.8% | -9.0% | ||
| Q1 25 | 29.7% | -10.4% | ||
| Q4 24 | 27.6% | -4.4% | ||
| Q3 24 | 30.0% | -9.2% | ||
| Q2 24 | 29.4% | -9.9% | ||
| Q1 24 | 27.2% | -6.7% |
| Q4 25 | $1.47 | $0.21 | ||
| Q3 25 | $1.39 | $0.05 | ||
| Q2 25 | $1.29 | $-0.35 | ||
| Q1 25 | $1.29 | $-0.38 | ||
| Q4 24 | $1.19 | $-0.15 | ||
| Q3 24 | $1.24 | $-0.31 | ||
| Q2 24 | $1.17 | $-0.32 | ||
| Q1 24 | $1.05 | $-0.21 |
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 | $338.8M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $561.2M | $-5.4M |
| Total Assets | $1.1B | $1.5B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $250.3M | $338.8M | ||
| Q3 25 | $225.3M | $315.9M | ||
| Q2 25 | $194.0M | $284.3M | ||
| Q1 25 | $290.7M | $242.0M | ||
| Q4 24 | $232.2M | $301.8M | ||
| Q3 24 | $235.4M | $248.2M | ||
| Q2 24 | $281.2M | $267.9M | ||
| Q1 24 | $273.8M | $296.1M |
| Q4 25 | $561.2M | $-5.4M | ||
| Q3 25 | $529.4M | $-36.9M | ||
| Q2 25 | $508.2M | $-66.5M | ||
| Q1 25 | $498.0M | $-75.7M | ||
| Q4 24 | $477.1M | $-41.7M | ||
| Q3 24 | $449.6M | $-50.8M | ||
| Q2 24 | $427.8M | $-77.7M | ||
| Q1 24 | $404.2M | $-83.2M |
| Q4 25 | $1.1B | $1.5B | ||
| Q3 25 | $1.0B | $1.4B | ||
| Q2 25 | $999.5M | $1.3B | ||
| Q1 25 | $996.5M | $1.3B | ||
| Q4 24 | $973.5M | $1.4B | ||
| Q3 24 | $908.3M | $1.3B | ||
| Q2 24 | $876.6M | $1.2B | ||
| Q1 24 | $861.8M | $1.2B |
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 | $51.0M |
| Free Cash FlowOCF − Capex | $74.9M | $50.7M |
| FCF MarginFCF / Revenue | 42.8% | 21.2% |
| Capex IntensityCapex / Revenue | 0.4% | 0.1% |
| Cash ConversionOCF / Net Profit | 1.42× | 4.31× |
| TTM Free Cash FlowTrailing 4 quarters | $304.4M | $138.0M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $75.7M | $51.0M | ||
| Q3 25 | $90.4M | $46.2M | ||
| Q2 25 | $33.8M | $50.3M | ||
| Q1 25 | $109.6M | $-7.4M | ||
| Q4 24 | $47.7M | $44.0M | ||
| Q3 24 | $61.0M | $18.9M | ||
| Q2 24 | $49.8M | $-14.0K | ||
| Q1 24 | $85.5M | $24.8M |
| Q4 25 | $74.9M | $50.7M | ||
| Q3 25 | $89.5M | $46.1M | ||
| Q2 25 | $32.4M | $49.3M | ||
| Q1 25 | $107.5M | $-8.1M | ||
| Q4 24 | $41.9M | $43.2M | ||
| Q3 24 | $57.6M | $18.7M | ||
| Q2 24 | $48.8M | $-122.0K | ||
| Q1 24 | $83.5M | $24.6M |
| Q4 25 | 42.8% | 21.2% | ||
| Q3 25 | 52.7% | 20.5% | ||
| Q2 25 | 19.8% | 22.9% | ||
| Q1 25 | 67.3% | -3.9% | ||
| Q4 24 | 26.3% | 21.6% | ||
| Q3 24 | 37.4% | 10.1% | ||
| Q2 24 | 32.8% | -0.1% | ||
| Q1 24 | 57.2% | 14.0% |
| Q4 25 | 0.4% | 0.1% | ||
| Q3 25 | 0.5% | 0.0% | ||
| Q2 25 | 0.8% | 0.5% | ||
| Q1 25 | 1.3% | 0.4% | ||
| Q4 24 | 3.7% | 0.4% | ||
| Q3 24 | 2.2% | 0.1% | ||
| Q2 24 | 0.7% | 0.1% | ||
| Q1 24 | 1.4% | 0.1% |
| Q4 25 | 1.42× | 4.31× | ||
| Q3 25 | 1.80× | 16.57× | ||
| Q2 25 | 0.71× | — | ||
| Q1 25 | 2.31× | — | ||
| Q4 24 | 1.09× | — | ||
| Q3 24 | 1.32× | — | ||
| Q2 24 | 1.14× | — | ||
| Q1 24 | 2.15× | — |
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% |
WK
| License And Service | $219.3M | 92% |
| XBRL Professional Services | $16.4M | 7% |
| Other Services | $3.2M | 1% |
