QUALYS, INC.

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Cash flows from operating activities:
Adjustments to reconcile net income to net cash provided by operating activities:
Net Income (Loss) Attributable to Parent $19.2m $40.4m $57.3m $69.3m $91.6m $71.0m $108.0m $151.6m $173.7m $198.3m
Net Income (Loss) Available to Common Stockholders, Basic $19.2m $40.4m $57.3m $69.3m $91.6m $71.0m $108.0m $151.6m $173.7m $198.3m
Depreciation, Depletion and Amortization $17.0m $20.6m $28.9m $31.2m $32.8m $35.9m $34.6m $27.0m $18.5m $14.5m
Amortization of Intangible Assets $400k $700k $6.1m $6.3m $6.7m $5.7m $3.1m $2.9m $2.6m
Depreciation $24.9m
Deferred Income Tax Expense (Benefit) $783k ($2.6m) ($3.8m) $7.1m $3.5m ($9.7m) ($20.5m) ($16.6m) ($19.6m) $8.3m
Share-based Payment Arrangement, Noncash Expense $20.1m $27.0m $30.1m $34.9m $40.0m $67.6m $53.4m $69.1m $77.1m $77.0m
Payment, Tax Withholding, Share-based Payment Arrangement $14.9m $15.7m $20.2m $27.8m $17.6m $22.3m $28.4m $25.0m
Share-based Payment Arrangement, Expense $20.1m $27.0m $30.1m $34.9m $40.0m $67.6m $53.4m $69.1m $77.1m $77.0m
Goodwill, Impairment Loss $0
Impairment of Intangible Assets (Excluding Goodwill) $0 $0 $0
Gain (Loss) on Disposition of Property Plant Equipment ($55k) ($161k) ($9k) ($202k) ($106k) ($12k) ($6k) $0 $0
Income Tax Expense (Benefit) $11.2m ($1.1m) ($1.8m) $10.6m $10.5m $18.4m $25.7m $27.1m $36.1m $48.5m
Operating Lease, Expense $16.7m $16.8m $14.9m $16.1m $16.6m $14.8m
Other Nonoperating Income (Expense) ($972k) ($536k) ($801k) $7k ($573k) ($2.0m) ($1.3m) ($3.2m) ($375k)
Changes in operating assets and liabilities:
Noncash investing and financing activities:
Additional Financial Items
Increase (Decrease) in Accounts Receivable $4.9m $18.0m $11.5m $2.5m $22.6m $9.2m $13.4m $25.0m $19.1m $7.7m
Increase (Decrease) in Accounts Payable ($1.2m) ($454k) $3.5m ($1.1m) ($389k) ($32k) $2.1m ($1.6m) $219k $27k
Accounts Receivable, Credit Loss Expense (Reversal) $199k $657k $86k $247k $486k $402k $590k $547k $764k $1.2m
Proceeds from Stock Options Exercised $15.2m $31.3m $24.1m $24.8m $34.5m $50.0m $24.5m $45.6m $17.3m $16.3m
Purchases of property and equipment, accrued but unpaid $23.2m $37.8m $22.8m $27.6m $30.0m $24.4m $15.4m $8.8m $12.3m $5.0m
Equity Securities, FV-NI, Unrealized Gain (Loss) ($533k) $0 $0
Foreign Currency Transaction Gain (Loss), before Tax ($770k) ($355k) ($577k) ($792k) $260k ($297k) ($1.8m) ($697k) ($3.2m) ($423k)
General and Administrative Expense $32.1m $35.3m $39.0m $40.8m $46.6m $76.3m $58.0m $61.7m $68.7m $71.6m
Goodwill $317k $1.5m $7.2m $7.4m $7.4m $7.4m $7.4m $7.4m $7.4m $7.4m
Investment Income, Interest $1.3m $2.7m $6.1m $8.4m $5.4m $2.3m $5.2m $16.9m $25.8m $25.3m
Nonoperating Income (Expense) $322k $2.1m $5.1m $7.7m $5.4m $1.7m $3.2m $15.6m $22.6m $24.9m
Operating Expenses $125.3m $142.0m $162.3m $179.8m $187.1m $234.1m $256.4m $283.9m $308.9m $332.4m
Net Cash Provided by (Used in) Operating Activities $68.1m $107.6m $125.5m $160.6m $180.1m $200.6m $198.9m $244.6m $244.1m $309.4m
Cash flows from investing activities:
Payments to Acquire Property, Plant, and Equipment $23.2m $37.8m $22.8m $27.6m $30.0m $24.4m $15.4m $8.8m $12.3m $5.0m
Payments to Acquire Investments $2.5m $625k
Net Cash Provided by (Used in) Investing Activities ($96.5m) ($118.2m) ($93.5m) ($35.0m) ($80.9m) ($29.5m) $145.1m ($73.2m) ($71.4m) ($105.9m)
Cash flows from financing activities:
Proceeds from Issuance of Common Stock $0 $0 $4.4m $6.1m $6.9m $6.8m
Payments for Repurchase of Common Stock $0 $0 $85.0m $86.4m $126.7m $130.0m $317.3m $170.8m $139.9m $183.4m
Net Cash Provided by (Used in) Financing Activities $23.4m $10.4m ($77.5m) ($79.0m) ($112.6m) ($107.9m) ($306.0m) ($141.5m) ($145.7m) ($185.4m)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect ($3.8m) ($146k) ($45.6m) $46.5m ($13.4m) $63.2m $37.9m $29.9m $27.0m $18.1m
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents ($3.8m) ($146k) $42.2m $88.8m ($13.4m) $63.2m $37.9m $29.9m $27.0m $18.1m
Supplemental disclosure of cash flow information:
Interest Paid, Excluding Capitalized Interest, Operating Activities $107k $9k $0 $0
Income Taxes Paid, Net $856k $1.6m $2.7m $3.0m $8.1m $35.1m $39.7m $34.9m $60.6m $40.9m