13 Best Cybersecurity Stocks to Buy According to Billionaires

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5. Qualys Inc. (NASDAQ:QLYS)

Number of billionaire investors: 12

Dollar value of holdings: $179,904,749

Qualys Inc. (NASDAQ:QLYS) is a provider of cloud-based IT security and compliance solutions, offering a comprehensive platform for asset management, threat detection, and remediation.

Qualys Inc. (NASDAQ:QLYS) has gained significant industry recognition, with its TotalCloud, VMDR, and Cybersecurity Asset Management solutions receiving top rankings from Gartner, Forrester, and GigaOm. The company has launched TotalAppSec, an AI-powered application risk management solution designed to unify API security, web application scanning, and AI-driven malware detection. The solution enhances cyber risk visibility and remediation across on-premises, hybrid, and multi-cloud environments, addressing key threats outlined in the OWASP Top 10. With APIs emerging as a major attack vector, QLYS’s consolidated risk-based approach strengthens enterprise application security posture. TotalAppSec will be available in Q1 2025.

Qualys Inc. (NASDAQ:QLYS) delivered solid financial performance in 2024, with revenue rising 10% to $607.6 million, driven by strong demand for its cybersecurity solutions. GAAP net income grew 15% to $173.7 million, up from $151.6 million in 2023, while non-GAAP net income increased to $229 million. GAAP operating income rose to $187.2 million compared to $187.2 million, reflecting improved operational efficiency.

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