Strong Financial Performance
Qualys reported a 10% revenue growth to $607.6 million for the full year, with an adjusted EBITDA margin of 47%. Net income and EPS grew 16% to $229 million and $6.13 per diluted share, respectively. Free cash flow reached $231.8 million, representing 38% of revenue.
Product Innovation and Rebranding
Introduced several product enhancements, including Trulicity Eliminate and Truist Uninstall, enhancing cybersecurity asset management and patching capabilities. Launched Total Cloud 3.0, providing comprehensive CNAP solutions with multi-cloud integration.
Channel Growth and Partner Engagement
Revenues from channel partners grew 18%, outpacing direct sales growth of 3%. Channel contribution increased to 48% of total revenues, compared to 44% a year ago.
New Customer Wins
Secured significant deals, including a seven-figure annual booking with a global 100 insurance company and a mid-six-figure booking with a global shipping conglomerate, illustrating strong market demand for Qualys' solutions.