Qualys Inc (QLYS)

Gross profit margin

		Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020
Gross profit (ttm)	US$ in thousands	496,473	483,759	473,981	461,851	446,973	432,634	416,946	401,246	386,935	369,886	352,772	336,075	321,733	309,261	299,256	291,045	283,737	277,658	270,771	262,224
Revenue (ttm)	US$ in thousands	607,946	593,325	581,454	569,580	554,458	540,737	524,302	506,986	489,723	468,654	448,027	427,836	411,172	396,193	384,328	373,456	362,963	352,826	342,428	332,527
Gross profit margin		81.66%	81.53%	81.52%	81.09%	80.61%	80.01%	79.52%	79.14%	79.01%	78.93%	78.74%	78.55%	78.25%	78.06%	77.86%	77.93%	78.17%	78.70%	79.07%	78.86%

December 31, 2024 calculation

Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $496,473K ÷ $607,946K
= 81.66%

Qualys Inc has shown a consistent and generally positive trend in its gross profit margin over the historical period from March 31, 2020, to December 31, 2024. The company's gross profit margin has gradually increased from 78.86% in March 2020 to 81.66% in December 2024. This indicates that Qualys Inc has been effectively managing its cost of goods sold and generating stronger margins on its products or services.

The slight fluctuations in the gross profit margin from quarter to quarter show some variability in the company's ability to control its production costs and pricing strategies. However, the overall upward trend suggests that Qualys Inc has been successful in maintaining or improving the efficiency of its operations while possibly also implementing pricing strategies that have positively impacted its profitability.

The steady improvement in the gross profit margin reflects positively on Qualys Inc's ability to generate revenues while effectively managing its direct costs, resulting in a stronger bottom line. Investors and stakeholders may view this trend as an indicator of the company's operational efficiency and potential for sustainable profitability in the future.