Qualys Inc (QLYS)
Gross profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 496,089 | 446,973 | 386,935 | 321,733 | 283,737 |
| Revenue | US$ in thousands | 607,571 | 554,458 | 489,723 | 411,172 | 362,963 |
| Gross profit margin | 81.65% | 80.61% | 79.01% | 78.25% | 78.17% |
December 31, 2024 calculation
Gross profit margin = Gross profit ÷ Revenue
= $496,089K ÷ $607,571K
= 81.65%
Qualys Inc has shown a consistent improvement in its gross profit margin over the years, increasing from 78.17% as of December 31, 2020, to 81.65% as of December 31, 2024. This upward trend indicates that the company has been effectively managing its cost of goods sold and generating more revenue from its products or services relative to its production costs. The steady growth in gross profit margin reflects the company's ability to maintain pricing power, control production costs, or improve product mix. Overall, Qualys Inc's increasing gross profit margin demonstrates operational efficiency and potentially sustainable profitability.
Peer comparison
Dec 31, 2024