Qualys Inc (QLYS)

Operating 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
Operating income (ttm)	US$ in thousands	163,069	152,273	142,024	132,190	130,547	128,923	127,554	123,923	87,683	83,046	77,372	73,518	96,654	91,787	88,033	78,633	72,253	65,651	61,219	56,006
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
Operating profit margin		29.41%	28.16%	27.09%	26.07%	26.66%	27.51%	28.47%	28.97%	21.33%	20.96%	20.13%	19.69%	26.63%	26.01%	25.71%	23.65%	22.47%	21.10%	20.40%	19.36%

December 31, 2023 calculation

Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $163,069K ÷ $554,458K
= 29.41%

Qualys Inc's operating profit margin has shown a consistent trend over the past eight quarters. The company's operating profit margin ranged from 26.07% to 29.41% during this period. The operating profit margin peaked at 29.41% in Q4 2023 and reached its lowest point at 26.07% in Q1 2023. Overall, Qualys Inc has maintained relatively healthy operating profit margins above 26% throughout the analyzed period. This indicates that the company is effectively managing its operating costs and generating strong profits from its core business activities. Further analysis of the company's operating profit margin trend could provide valuable insights into its operational efficiency and profitability performance.