• Qualys average gross margin for 2023 was 79.83%, a 1.46% increase from 2022.
• Qualys average gross margin for 2022 was 78.68%, a 1.13% increase from 2021.
• Qualys average gross margin for 2021 was 77.8%, a 1.29% increase from 2020.

Gross margin can be defined as a company's total sales revenue minus its cost of goods sold, divided by the total sales revenue, expressed as a percentage.