Qualys Inc (QLYS)

Net profit margin

		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	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Net income (ttm)	US$ in thousands	151,595	139,328	120,473	111,687	107,992	101,487	101,596	96,142	70,960	72,955	67,929	73,106	91,572	88,420	84,851	74,764	69,336	63,072	67,367	61,428
Revenue (ttm)	US$ in thousands	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	321,607	311,143	300,130	289,354
Net profit margin		27.34%	25.77%	22.98%	22.03%	22.05%	21.65%	22.68%	22.47%	17.26%	18.41%	17.67%	19.58%	25.23%	25.06%	24.78%	22.48%	21.56%	20.27%	22.45%	21.23%

December 31, 2023 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $151,595K ÷ $554,458K
= 27.34%

Qualys Inc's net profit margin has shown a generally positive trend from Q1 2022 to Q4 2023. The company's net profit margin has ranged from 21.65% to 27.34% during this period. The highest net profit margin was recorded in Q4 2023 at 27.34%, indicating that the company was able to effectively control its expenses relative to its revenue in that quarter. Overall, the consistent net profit margins above 20% reflect Qualys Inc's ability to generate profits from its operations. It is important for the company to sustain or improve upon these levels to ensure its financial health and to meet the expectations of investors and stakeholders.