Q2 Holdings, Inc. (QTWO)
NYSE: QTWO · Real-Time Price · USD
63.00
-1.18 (-1.84%)
Aug 25, 2026, 2:18 PM EDT - Market open
Q2 Holdings Cash Flow Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 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 |
Net Income | 91.99 | 52.01 | -38.54 | -65.38 | -108.98 | -112.75 |
Depreciation & Amortization | 29 | 32.38 | 46.79 | 48.31 | 38.96 | 32.83 |
Other Amortization | 53.31 | 53.25 | 51.11 | 51.35 | 48.69 | 74.36 |
Loss (Gain) From Sale of Assets | - | - | - | - | - | 0.39 |
Asset Writedown & Restructuring Costs | -0.04 | -0.04 | 1.67 | 4.08 | 11.67 | 2.01 |
Loss (Gain) From Sale of Investments | -0.28 | -1.1 | -1.27 | -3.19 | -0.3 | 1.12 |
Stock-Based Compensation | 84.26 | 86.95 | 89.22 | 79.19 | 65.16 | 55.9 |
Provision & Write-off of Bad Debts | - | - | - | - | - | 0.01 |
Other Operating Activities | 2.47 | 1.93 | 1.62 | -18.37 | 1.86 | 1.69 |
Change in Accounts Receivable | -16.28 | -15.26 | 4.94 | 7.78 | -0.82 | -14.24 |
Change in Accounts Payable | 11.49 | 8.58 | -9.79 | 9.35 | -0.55 | 1.76 |
Change in Unearned Revenue | 6.26 | 16.84 | 28.92 | -3.09 | 10.21 | 15.74 |
Change in Other Net Operating Assets | -35.91 | -34.07 | -38.91 | -39.73 | -29.34 | -27.74 |
Operating Cash Flow | 226.26 | 201.46 | 135.75 | 70.29 | 36.56 | 31.09 |
Operating Cash Flow Growth | 26.79% | 48.41% | 93.12% | 92.29% | 17.57% | - |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 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 |
Capital Expenditures | -13.02 | -6.81 | -6.69 | -5.67 | -11.14 | -19.75 |
Cash Acquisitions | - | - | - | - | -5.04 | -64.65 |
Sale (Purchase) of Intangibles | -24.21 | -21.28 | -22.34 | -24.97 | -18.91 | -5.87 |
Investment in Securities | 111.67 | 24.07 | 7.95 | 143.91 | -130.46 | 25.14 |
Investing Cash Flow | 74.44 | -4.03 | -21.08 | 113.27 | -165.56 | -65.13 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 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 |
Long-Term Debt Repaid | - | -191 | - | -160.55 | - | -63.69 |
Net Debt Issued (Repaid) | -495 | -191 | - | -160.55 | - | -63.69 |
Issuance of Common Stock | 6.43 | 7.03 | 14.26 | 8.4 | 5.88 | 5.89 |
Repurchase of Common Stock | -125.08 | -5 | - | - | - | - |
Other Financing Activities | - | - | -0.94 | 0.14 | - | 6.64 |
Financing Cash Flow | -613.65 | -188.97 | 13.32 | -152.01 | 5.88 | -51.16 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 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 |
Foreign Exchange Rate Adjustments | -0.94 | 0.05 | -0.83 | 0.18 | -0.8 | -0.17 |
Net Cash Flow | -313.88 | 8.51 | 127.16 | 31.73 | -123.92 | -85.36 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 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 |
Free Cash Flow | 213.25 | 194.65 | 129.06 | 64.62 | 25.41 | 11.34 |
Free Cash Flow Growth | 23.60% | 50.82% | 99.72% | 154.27% | 124.15% | - |
Free Cash Flow Margin | 25.20% | 24.49% | 18.53% | 10.35% | 4.49% | 2.27% |
Free Cash Flow Per Share | 3.23 | 2.99 | 2.15 | 1.11 | 0.44 | 0.20 |
Levered Free Cash Flow | 190.32 | 189.77 | 137.75 | 94.7 | 67.39 | 71.92 |
Unlevered Free Cash Flow | 191.2 | 190.74 | 138.65 | 95.49 | 64.67 | 63.79 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 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 |
Cash Interest Paid | 2.85 | 2.85 | 2.68 | 2.65 | 2.89 | - |
Cash Income Tax Paid | 3.84 | 3.84 | 5.88 | 2.62 | 0.88 | - |
Change in Working Capital | -34.44 | -23.91 | -14.85 | -25.69 | -20.49 | -24.48 |