Q2 Holdings, Inc. (QTWO)
NYSE: QTWO · Real-Time Price · USD
47.35
+2.21 (4.90%)
May 29, 2026, 4:00 PM EDT - Market closed
Q2 Holdings Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
| 821.58 | 794.81 | 696.46 | 624.62 | 565.67 | 498.72 | |
Revenue Growth (YoY) | 14.00% | 14.12% | 11.50% | 10.42% | 13.43% | 23.83% |
Cost of Revenue | 364.97 | 365.13 | 341.98 | 321.97 | 309.33 | 273.69 |
Gross Profit | 456.61 | 429.68 | 354.48 | 302.65 | 256.35 | 225.04 |
Selling, General & Admin | 230.43 | 231.37 | 228.89 | 219.71 | 198.38 | 163.48 |
Depreciation & Amortization Expenses | 16.89 | 16.98 | 20.67 | 19.68 | 18.25 | 17.9 |
Research & Development | 158.36 | 154.33 | 143.24 | 137.33 | 130.1 | 116.95 |
Other Operating Expenses | 2.42 | 3.99 | 7.65 | 11.07 | 14.38 | 4.7 |
Total Operating Expenses | 408.1 | 406.67 | 400.46 | 387.79 | 361.11 | 303.03 |
Operating Income | 65.4 | 39.9 | -42.26 | -86.06 | -104.76 | -78 |
Interest Income | 18.92 | 20.24 | 16.34 | 10.1 | 5.36 | 1.48 |
Interest Expense | -5.08 | -5.41 | -4.94 | -5.73 | -6.68 | -33.07 |
Other Non-Operating Income (Expense) | - | - | - | 19.87 | - | -1.51 |
Total Non-Operating Income (Expense) | 13.84 | 14.83 | 11.4 | 24.24 | -1.31 | -33.11 |
Pretax Income | 79.24 | 54.73 | -30.86 | -61.82 | -106.08 | -111.1 |
Provision for Income Taxes | 0.09 | 2.72 | 7.68 | 3.56 | -2.91 | -1.64 |
Net Income | 73.89 | 52.01 | -38.54 | -65.38 | -108.98 | -112.75 |
Net Income to Common | 73.89 | 52.01 | -38.54 | -65.38 | -108.98 | -112.75 |
Shares Outstanding (Basic) | 62 | 62 | 60 | 58 | 57 | 56 |
Shares Outstanding (Diluted) | 69 | 65 | 60 | 58 | 57 | 56 |
Shares Change (YoY) | 10.24% | 8.34% | 3.00% | 1.84% | 1.61% | 8.41% |
EPS (Basic) | 1.19 | 0.84 | -0.64 | -1.12 | -1.90 | -2.00 |
EPS (Diluted) | 1.12 | 0.80 | -0.64 | -1.12 | -1.90 | -2.00 |
Shares Outstanding | 62.67 | 62.74 | 60.73 | 59.03 | 57.74 | 56.93 |
Free Cash Flow | 201.63 | 194.65 | 129.06 | 64.62 | 25.41 | 11.34 |
Free Cash Flow Growth | 3.58% | 50.82% | 99.72% | 154.27% | 124.15% | - |
Free Cash Flow Per Share | 2.93 | 2.99 | 2.15 | 1.11 | 0.44 | 0.20 |
Gross Margin | 55.58% | 54.06% | 50.90% | 48.45% | 45.32% | 45.12% |
Operating Margin | 7.96% | 5.02% | -6.07% | -13.78% | -18.52% | -15.64% |
Profit Margin | 9.63% | 6.54% | -5.53% | -10.47% | -18.24% | -21.95% |
FCF Margin | 24.54% | 24.49% | 18.53% | 10.35% | 4.49% | 2.27% |
EBITDA | 121.33 | 97.02 | 52.39 | 39.07 | -19.83 | 1.33 |
EBITDA Margin | 14.77% | 12.21% | 7.52% | 6.26% | -3.51% | 0.27% |
EBIT | 65.4 | 39.9 | -42.26 | -86.06 | -104.76 | -78 |
EBIT Margin | 7.96% | 5.02% | -6.07% | -13.78% | -18.52% | -15.64% |
Effective Tax Rate | 0.11% | 4.96% | -24.87% | -5.76% | 2.74% | 1.48% |