Qualys Inc (QLYS)

Pretax 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
Earnings before tax but after interest (EBT) (ttm)	US$ in thousands	178,651	165,456	151,271	137,716	133,700	129,007	127,220	124,947	89,397	84,774	80,357	77,627	102,051	98,272	95,012	86,402	80,022	73,525	68,420	61,690
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
Pretax margin		32.22%	30.60%	28.85%	27.16%	27.30%	27.53%	28.40%	29.20%	21.74%	21.40%	20.91%	20.79%	28.12%	27.85%	27.75%	25.98%	24.88%	23.63%	22.80%	21.32%

December 31, 2023 calculation

Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $178,651K ÷ $554,458K
= 32.22%

Qualys Inc's pretax margin has shown a consistent upward trend over the past four quarters, improving from 27.30% in Q4 2022 to 32.22% in Q4 2023. This indicates that the company has been able to effectively manage its expenses relative to its revenue generation. The pretax margin reached its highest point in Q4 2023 at 32.22%, reflecting the company's ability to generate more income before accounting for taxes. This upward trend suggests that Qualys Inc has been successful in controlling costs and increasing profitability, which bodes well for its financial health and overall performance.