N-able vs Qualys
Qualys reported revenue of $669 million in fiscal 2025, 1.3 times N-able's $509 million in fiscal 2025. N-able's revenue grew 9.3% in its latest year, and Qualys' grew 10.1%. N-able had an operating margin of 6.7%, against 33.2% at Qualys. Free cash flow was $75 million at N-able and $304 million at Qualys.
Side by side
| N-able | Qualys | |
|---|---|---|
| Latest fiscal year | FY2025, Dec 31, 2025 | FY2025, Dec 31, 2025 |
| Revenue | $509M | $669M |
| Revenue growth | 9.3% | 10.1% |
| Revenue growth a year, last 5 years | 10.9% | 13.0% |
| Gross margin | 76.9% | 82.8% |
| Operating margin | 6.7% | 33.2% |
| Net margin | −3.7% | 29.6% |
| Free cash flow | $75M | $304M |
| Free cash flow margin | 14.8% | 45.5% |
| Return on capital | 2.6% | 169.1% |
| Net debt to EBITDA | 3.6x | −1.9x |
| Dividends and buybacks | $30M | $183M |
| Change in diluted share count | −0.3% | −2.4% |
| Last close | $4.84 | $190.41 |
| P/E at the last close | — | 32.9× |
| Insider trades, last 12 months | — | sold $23.1 million |
| Piotroski F-score | 3 of 9 | 6 of 9 |
Amounts in each company's own currency, US$ unless marked (a foreign company may report in another), each company's latest fiscal year from its 10-K, or 20-F or 40-F for a foreign company. Growth rates compare with the year before; the five-year rate is the average a year. Free cash flow is cash from operations minus capital spending; return on capital is after-tax operating income over the money invested in the business; P/E is the last close over the latest earnings per share. Banks are measured differently (return on equity, efficiency ratio), so some rows apply to one company only.
Ten years
Revenue
US$ billions, fiscal years
N-ableQualys
Operating margin
Percent of revenue
N-ableQualys
Free cash flow
US$ billions. Cash from operations minus capital expenditure.
N-ableQualys