Software and Insurance

restructuring affecting expense

“Cost of Revenues Three Months Ended March 31, Change 2026 2025 $ % (in thousands, except percentages) Cost of revenues $ 29,990 $ 28,926 $ 1,064 4 % Cost of revenues increased by $1.1 million for the three months ended March 31, 2026 compared to the same period in 2025, primarily due to an increase in personnel costs of $0.9 million, driven by additional employees hired to support the growth of our business, an impairment of our property and equipment of $0.6 million, an increase in shared cloud platform cost of $0.2 million, partially offset by a decrease in depreciation and amortization expense of $0.6 million resulting from certain of our assets that became fully depreciated or amortized.”

QLYS 10-Q

product pipeline / R&D affecting expense

“Research and Development Expenses Year Ended December 31, Change 2025 2024 $ % (in thousands, except percentages) Research and development $ 117,284 $ 111,852 $ 5,432 5 % Research and development expenses increased by $5.4 million in 2025 compared to 2024, primarily due to an increase in personnel costs of $4.4 million, driven by additional employees hired to support the growth of our business and an increase in incentive compensation, an increase in overhead allocations of $1.8 million, and an increase in shared cloud platform costs of $1.0 million, partially offset by a decrease in stock-based compensation of $1.1 million driven by lower average grant-date fair value and geographic mix, and a decrease in professional service expense of $0.7 million.”

QLYS 10-K

credit / rates affecting interest expense

“Interest expense decreased $0.5 million during fiscal 2026 compared to fiscal 2025 primarily due to a decrease in interest rates.”

ASAN 10-K