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QUALYS, INC.（QLYS）与Zscaler, Inc.（ZS）财务数据对比。点击上方公司名可切换其他公司
Zscaler, Inc.的季度营收约是QUALYS, INC.的4.5倍（$788.1M vs $175.3M），QUALYS, INC.净利率更高（30.3% vs -1.5%，领先31.8%），Zscaler, Inc.同比增速更快（25.5% vs 10.1%），Zscaler, Inc.自由现金流更多（$431.0M vs $74.9M），过去两年Zscaler, Inc.的营收复合增速更高（22.5% vs 9.6%）
Qualys是总部位于美国加利福尼亚州福斯特城的科技企业，专注于云安全、合规管理及相关服务，为客户提供覆盖云环境的安全防护与合规解决方案，助力企业应对各类网络安全风险，满足不同行业的合规运营需求。
Zscaler是总部位于美国加利福尼亚州圣何塞的云安全企业，专注提供云原生安全服务，为全球各行业企业的网络系统与数据资产提供全方位防护，助力企业在数字化运营过程中抵御各类安全风险，保障业务稳定开展。
QLYS vs ZS — 直观对比
营收规模更大
ZS
是对方的4.5倍
$175.3M
营收增速更快
ZS
高出15.4%
10.1%
净利率更高
QLYS
高出31.8%
-1.5%
自由现金流更多
ZS
多$356.0M
$74.9M
两年增速更快
ZS
近两年复合增速
9.6%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $175.3M | $788.1M |
| 净利润 | $53.1M | $-11.6M |
| 毛利率 | 83.4% | 76.6% |
| 营业利润率 | 33.6% | -4.6% |
| 净利率 | 30.3% | -1.5% |
| 营收同比 | 10.1% | 25.5% |
| 净利润同比 | 20.9% | 3.6% |
| 每股收益（稀释后） | $1.47 | $-0.07 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收QLYSZS
| Q4 25 | $175.3M | $788.1M | ||
| Q3 25 | $169.9M | $719.2M | ||
| Q2 25 | $164.1M | $678.0M | ||
| Q1 25 | $159.9M | $647.9M | ||
| Q4 24 | $159.2M | $628.0M | ||
| Q3 24 | $153.9M | $592.9M | ||
| Q2 24 | $148.7M | $553.2M | ||
| Q1 24 | $145.8M | $525.0M |
净利润QLYSZS
| Q4 25 | $53.1M | $-11.6M | ||
| Q3 25 | $50.3M | $-17.6M | ||
| Q2 25 | $47.3M | $-4.1M | ||
| Q1 25 | $47.5M | $-7.7M | ||
| Q4 24 | $44.0M | $-12.1M | ||
| Q3 24 | $46.2M | $-14.9M | ||
| Q2 24 | $43.8M | $19.1M | ||
| Q1 24 | $39.7M | $-28.5M |
毛利率QLYSZS
| Q4 25 | 83.4% | 76.6% | ||
| Q3 25 | 83.6% | 76.1% | ||
| Q2 25 | 82.4% | 77.0% | ||
| Q1 25 | 81.9% | 77.1% | ||
| Q4 24 | 81.8% | 77.5% | ||
| Q3 24 | 81.3% | 78.0% | ||
| Q2 24 | 82.2% | 78.6% | ||
| Q1 24 | 81.3% | 77.7% |
营业利润率QLYSZS
| Q4 25 | 33.6% | -4.6% | ||
| Q3 25 | 35.3% | -4.5% | ||
| Q2 25 | 31.3% | -3.7% | ||
| Q1 25 | 32.4% | -6.2% | ||
| Q4 24 | 31.0% | -4.9% | ||
| Q3 24 | 29.2% | -4.5% | ||
| Q2 24 | 32.3% | -0.5% | ||
| Q1 24 | 30.7% | -8.7% |
净利率QLYSZS
| Q4 25 | 30.3% | -1.5% | ||
| Q3 25 | 29.6% | -2.4% | ||
| Q2 25 | 28.8% | -0.6% | ||
| Q1 25 | 29.7% | -1.2% | ||
| Q4 24 | 27.6% | -1.9% | ||
| Q3 24 | 30.0% | -2.5% | ||
| Q2 24 | 29.4% | 3.5% | ||
| Q1 24 | 27.2% | -5.4% |
每股收益（稀释后）QLYSZS
| Q4 25 | $1.47 | $-0.07 | ||
| Q3 25 | $1.39 | $-0.11 | ||
| Q2 25 | $1.29 | $-0.03 | ||
| Q1 25 | $1.29 | $-0.05 | ||
| Q4 24 | $1.19 | $-0.08 | ||
| Q3 24 | $1.24 | $-0.09 | ||
| Q2 24 | $1.17 | $0.12 | ||
| Q1 24 | $1.05 | $-0.19 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $250.3M | $1.3B |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $561.2M | $2.0B |
| 总资产 | $1.1B | $6.5B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资QLYSZS
| Q4 25 | $250.3M | $1.3B | ||
| Q3 25 | $225.3M | $2.4B | ||
| Q2 25 | $194.0M | $2.0B | ||
| Q1 25 | $290.7M | $1.8B | ||
| Q4 24 | $232.2M | $1.6B | ||
| Q3 24 | $235.4M | $1.4B | ||
| Q2 24 | $281.2M | $1.3B | ||
| Q1 24 | $273.8M | $1.4B |
总债务QLYSZS
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | $1.1B | ||
| Q1 25 | — | $1.1B | ||
| Q4 24 | — | $1.1B | ||
| Q3 24 | — | $1.1B | ||
| Q2 24 | — | $1.1B | ||
| Q1 24 | — | $1.1B |
股东权益QLYSZS
| Q4 25 | $561.2M | $2.0B | ||
| Q3 25 | $529.4M | $1.8B | ||
| Q2 25 | $508.2M | $1.8B | ||
| Q1 25 | $498.0M | $1.6B | ||
| Q4 24 | $477.1M | $1.4B | ||
| Q3 24 | $449.6M | $1.3B | ||
| Q2 24 | $427.8M | $1.1B | ||
| Q1 24 | $404.2M | $958.9M |
总资产QLYSZS
| Q4 25 | $1.1B | $6.5B | ||
| Q3 25 | $1.0B | $6.4B | ||
| Q2 25 | $999.5M | $5.3B | ||
| Q1 25 | $996.5M | $5.0B | ||
| Q4 24 | $973.5M | $4.7B | ||
| Q3 24 | $908.3M | $4.7B | ||
| Q2 24 | $876.6M | $4.2B | ||
| Q1 24 | $861.8M | $3.9B |
负债/权益比QLYSZS
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 0.64× | ||
| Q1 25 | — | 0.71× | ||
| Q4 24 | — | 0.80× | ||
| Q3 24 | — | 0.90× | ||
| Q2 24 | — | 1.04× | ||
| Q1 24 | — | 1.19× |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $75.7M | $448.3M |
| 自由现金流经营现金流 - 资本支出 | $74.9M | $431.0M |
| 自由现金流率自由现金流/营收 | 42.8% | 54.7% |
| 资本支出强度资本支出/营收 | 0.4% | 2.2% |
| 现金转化率经营现金流/净利润 | 1.42× | — |
| 过去12个月自由现金流最近4个季度 | $304.4M | $924.9M |
8季度趋势，按日历期对齐
经营现金流QLYSZS
| Q4 25 | $75.7M | $448.3M | ||
| Q3 25 | $90.4M | $250.6M | ||
| Q2 25 | $33.8M | $211.1M | ||
| Q1 25 | $109.6M | $179.4M | ||
| Q4 24 | $47.7M | $331.3M | ||
| Q3 24 | $61.0M | $203.6M | ||
| Q2 24 | $49.8M | $173.4M | ||
| Q1 24 | $85.5M | $142.1M |
自由现金流QLYSZS
| Q4 25 | $74.9M | $431.0M | ||
| Q3 25 | $89.5M | $190.6M | ||
| Q2 25 | $32.4M | $138.9M | ||
| Q1 25 | $107.5M | $164.4M | ||
| Q4 24 | $41.9M | $314.3M | ||
| Q3 24 | $57.6M | $154.2M | ||
| Q2 24 | $48.8M | $137.8M | ||
| Q1 24 | $83.5M | $111.2M |
自由现金流率QLYSZS
| Q4 25 | 42.8% | 54.7% | ||
| Q3 25 | 52.7% | 26.5% | ||
| Q2 25 | 19.8% | 20.5% | ||
| Q1 25 | 67.3% | 25.4% | ||
| Q4 24 | 26.3% | 50.1% | ||
| Q3 24 | 37.4% | 26.0% | ||
| Q2 24 | 32.8% | 24.9% | ||
| Q1 24 | 57.2% | 21.2% |
资本支出强度QLYSZS
| Q4 25 | 0.4% | 2.2% | ||
| Q3 25 | 0.5% | 8.3% | ||
| Q2 25 | 0.8% | 10.6% | ||
| Q1 25 | 1.3% | 2.3% | ||
| Q4 24 | 3.7% | 2.7% | ||
| Q3 24 | 2.2% | 8.3% | ||
| Q2 24 | 0.7% | 6.4% | ||
| Q1 24 | 1.4% | 5.9% |
现金转化率QLYSZS
| 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× | 9.07× | ||
| Q1 24 | 2.15× | — |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
QLYS
| Sales Channel Through Intermediary | $88.6M | 51% |
| Sales Channel Directly To Consumer | $86.7M | 49% |
ZS
暂无分部数据
