• Qualys average operating margin for 2023 was 27.67%, a 1% increase from 2022.
• Qualys average operating margin for 2022 was 27.95%, a 37.96% decline from 2021.
• Qualys average operating margin for 2021 was 20.26%, a 20.7% increase from 2020.

Operating margin can be defined as operating margin measurement of what proportion of a company's revenue is left over after paying for variable costs of production such as wages, raw materials, etc.