Q2 Holdings, Inc.
QTWO NYSE· Services-Prepackaged Software
Last close · Oct 26, 2026
$69.82
KIRA · Stoqly’s AI analyst, in plain words
- Q2 Holdings, Inc. had $795M of revenue in fiscal 2025, up 14.1% on the year before. Over five years, revenue changed +14.6% a year on average.
- Its operating margin was 5.0%, up 11.1 pts: of every 100 in sales, about 5 is left after running the business.
- Q2 Holdings, Inc. made $52.0M of net profit in fiscal 2025.
- Free cash flow was $195M in fiscal 2025, 24.5% of revenue.
- Q2 Holdings, Inc. returned $5.0M to shareholders in fiscal 2025, 3% of free cash flow. The diluted share count rose 8.3%.
Market cap
$4.6B
P/E
49.5x
Revenue
$795M
Net income
$52.0M
Free cash flow
$195M
Operating margin
5.0%
Q2 Holdings, Inc. in 30 seconds · fiscal 2025
Are sales growing?
+14.1%
Yes. Sales grew 14.1% last year.
Does it make a profit?
6.5%
A little. It keeps 6.5% of every sale as profit.
Does profit turn into cash?
24.5%
Yes. 24.5% of sales ends up as free cash.
How healthy are the accounts?
6 / 8
Mixed. It passes 6 of 8 health tests.
How is the share priced?
49.5x
One share costs 49.5 times its yearly profit per share.
What Q2 Holdings, Inc. does
No business description yet.
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 10-K · Feb 11, 2026
- Legal name
- Q2 Holdings, Inc.
- CIK
- 0001410384
Q2 Holdings, Inc. · QTWO
Results and finances
The last 5 fiscal years. Amounts in USD.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Sales and profit | |||||
| Revenue | $499M | $566M | $625M | $696M | $795M |
| Revenue growth | 23.8% | 13.4% | 10.4% | 11.5% | 14.1% |
| Gross margin | 45.1% | 45.3% | 48.5% | 50.9% | 54.1% |
| Operating margin | −15.6% | −18.5% | −13.8% | −6.1% | 5.0% |
| Net income | −$113M | −$109M | −$65.4M | −$38.5M | $52.0M |
| Net margin | −22.6% | −19.3% | −10.5% | −5.5% | 6.5% |
| Diluted EPS | −$2.00 | −$1.90 | −$1.12 | −$0.64 | $0.80 |
| Cash | |||||
| Cash from operations | $31.1M | $36.6M | $70.3M | $136M | $201M |
| Capital expenditure | $19.8M | $11.1M | $5.7M | $6.7M | $6.8M |
| Free cash flow | $11.3M | $25.4M | $64.6M | $129M | $195M |
| FCF margin | 2.3% | 4.5% | 10.3% | 18.5% | 24.5% |
| Share buybacks | — | — | $0.0M | $0.0M | $5.0M |
| Share count change | 8.4% | 1.6% | 1.8% | 3.0% | 8.3% |
| Debt and strength | |||||
| Cash and short-term investments | $428M | $433M | $324M | $447M | $433M |
| Shareholders' equity | $570M | $419M | $448M | $518M | $662M |
| Current ratio | 3.1x | 2.8x | 2.2x | 1.4x | 1.0x |
| Interest coverage | — | — | −18.6x | −8.9x | 8.1x |
| Returns and quality | |||||
| Return on equity | −18.6% | −22.0% | −15.1% | −8.0% | 8.8% |
| Return on tangible equity | — | — | — | — | 73.7% |
| Piotroski F-score | 5 | 5 | 5 | 5 | 6 |
| Altman Z'' | 0.9 | 0.2 | −0.3 | −0.4 | −0.2 |
Insiders bought, 12 months
$0.0M
0 insiders
Insiders sold, 12 months
$31.5M
9 insiders
Of sales under plans
27%
$8.6M
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Operating margin:
- Operating income as a share of revenue.
- Net income:
- Profit after all expenses, interest and tax.
- Free cash flow:
- Cash from operations minus capital spending.
- Net debt / EBITDA:
- Years of EBITDA needed to pay off net debt. Below zero means more cash than debt.
- Return on capital:
- After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
Q2 Holdings, Inc. · QTWO
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Margins, % of revenue
Cash vs debt (incl. leases)
Free cash flow
Dividends and buybacks
KIRA
At $69.82 a share, the company is worth $4.6B: 49.5 times its earnings of the last four quarters.
Source: SEC EDGAR XBRL filings (CIK 0001410384). Data updated October 24, 2026. For information only — not investment advice. Check the original filings before relying on any figure.