Q2 Hldgs Inc Financials

QTWO

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Key Financial Metrics

Revenue

$795K

YoY-99.9%

5Y CAGR-71.2%

10Y CAGR-38.9%

Q2 Hldgs Inc generated $795K in revenue in fiscal year 2025. This represents a decrease of 99.9% from the prior year.

EBITDA

$93K

YoY-99.6%

Q2 Hldgs Inc's EBITDA was $93K in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 99.6% from the prior year.

Free Cash Flow

$195K

YoY-99.8%

Q2 Hldgs Inc generated $195K in free cash flow in fiscal year 2025, representing cash available after capital expenditures. This represents a decrease of 99.8% from the prior year.

Net Income

$52K

YoY+100.1%

Q2 Hldgs Inc reported $52K in net income in fiscal year 2025. This represents an increase of 100.1% from the prior year.

EPS (Diluted)

$0.80

YoY+225.0%

Q2 Hldgs Inc earned $0.80 per diluted share in fiscal year 2025. This represents an increase of 225.0% from the prior year.

Cash & Debt

$368K

YoY-99.9%

5Y CAGR-75.4%

10Y CAGR-40.6%

Q2 Hldgs Inc held $368K in cash against $303K in long-term debt as of fiscal year 2025.

Dividends Per Share

N/A

Shares Outstanding

62M

YoY+2.8%

5Y CAGR+2.3%

10Y CAGR+4.8%

Q2 Hldgs Inc had 62M shares outstanding in fiscal year 2025. This represents an increase of 2.8% from the prior year.

Gross Margin

54.1%

YoY+3.2pp

5Y CAGR+10.7pp

10Y CAGR+8.4pp

Q2 Hldgs Inc's gross margin was 54.1% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is up 3.2 percentage points from the prior year.

Operating Margin

5.0%

YoY+11.1pp

5Y CAGR+29.8pp

10Y CAGR+27.8pp

Q2 Hldgs Inc's operating margin was 5.0% in fiscal year 2025, reflecting core business profitability. This is up 11.1 percentage points from the prior year.

Net Margin

6.5%

YoY+12.1pp

5Y CAGR+40.7pp

10Y CAGR+29.6pp

Q2 Hldgs Inc's net profit margin was 6.5% in fiscal year 2025, showing the share of revenue converted to profit. This is up 12.1 percentage points from the prior year.

Return on Equity

7.9%

Q2 Hldgs Inc's return on equity was 7.9% in fiscal year 2025, measuring profit generated per dollar of shareholder equity.

R&D Spending

$154K

YoY-99.9%

5Y CAGR-72.5%

10Y CAGR-39.0%

Q2 Hldgs Inc invested $154K in research and development in fiscal year 2025. This represents a decrease of 99.9% from the prior year.

Share Buybacks

$5K

Q2 Hldgs Inc spent $5K on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

Capital Expenditures

$7K

YoY-99.9%

5Y CAGR-80.4%

10Y CAGR-50.1%

Q2 Hldgs Inc invested $7K in capital expenditures in fiscal year 2025, funding long-term assets and infrastructure. This represents a decrease of 99.9% from the prior year.

QTWO Income Statement

Metric	FY25	FY24	FY24	FY24	FY23	FY22
Revenue	$795K-99.9%	$696.5M+11.5%	$624.6M+10.4%	$565.7M+13.4%	$498.7M+23.8%	$402.8M
Cost of Revenue	$365K-99.9%	$342.0M+6.2%	$322.0M+4.1%	$309.3M+13.0%	$273.7M+20.0%	$228.2M
Gross Profit	$430K-99.9%	$354.5M+17.1%	$302.7M+18.1%	$256.3M+13.9%	$225.0M+28.9%	$174.6M
R&D Expenses	$154K-99.9%	$143.2M+4.3%	$137.3M+5.6%	$130.1M+11.2%	$117.0M+20.1%	$97.4M
SG&A Expenses	$126K-99.9%	$122.9M+11.6%	$110.2M+22.2%	$90.2M+15.7%	$77.9M+9.8%	$70.9M
Operating Income	$40K+100.1%	-$42.3M+50.9%	-$86.1M+17.9%	-$104.8M-34.3%	-$78.0M+21.9%	-$99.8M
Interest Expense	$3K	N/A	N/A	N/A	N/A	N/A
Income Tax	$3K-100.0%	$7.7M+115.5%	$3.6M+22.5%	$2.9M+77.0%	$1.6M+16.0%	$1.4M
Net Income	$52K+100.1%	-$38.5M+41.1%	-$65.4M+40.0%	-$109.0M+3.3%	-$112.7M+18.1%	-$137.6M
EPS (Diluted)	$0.80+225.0%	$-0.64+42.9%	$-1.12+41.1%	$-1.90+5.0%	$-2.00+24.5%	$-2.65

Metric	Q3'25	Q2'25	Q1'25	Q3'25	Q3'25	Q2'25	Q1'25	Q4'24
Revenue	$201.7M+3.4%	$195.1M+2.9%	$189.7M	N/A	$175.0M+1.2%	$172.9M+4.5%	$165.5M	N/A
Cost of Revenue	$92.9M+2.5%	$90.6M+2.1%	$88.7M	N/A	$86.0M-0.1%	$86.1M+3.4%	$83.3M	N/A
Gross Profit	$108.8M+4.1%	$104.6M+3.5%	$101.0M	N/A	$89.1M+2.6%	$86.8M+5.6%	$82.3M	N/A
R&D Expenses	$38.9M+5.5%	$36.9M-2.5%	$37.9M	N/A	$36.9M+3.2%	$35.8M+2.6%	$34.9M	N/A
SG&A Expenses	$31.7M+2.2%	$31.0M-4.0%	$32.3M	N/A	$31.5M+0.7%	$31.3M+3.7%	$30.2M	N/A
Operating Income	$11.0M+11.8%	$9.8M+349.5%	$2.2M	N/A	-$12.8M+6.6%	-$13.7M+3.4%	-$14.2M	N/A
Interest Expense	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Income Tax	$160K-90.8%	$1.7M+255.9%	$487K	N/A	$2.3M+8.2%	$2.1M+34.3%	$1.6M	N/A
Net Income	$15.0M+27.9%	$11.8M+147.5%	$4.8M	N/A	-$11.8M+9.7%	-$13.1M+5.7%	-$13.8M	N/A
EPS (Diluted)	$0.23+27.8%	$0.18+157.1%	$0.07	N/A	$-0.20+9.1%	$-0.22+4.3%	$-0.23	N/A

QTWO Balance Sheet

Metric	FY25	FY24	FY24	FY24	FY23	FY22
Total Assets	$1.3M-99.9%	$1.3B+7.8%	$1.2B-11.0%	$1.3B-2.6%	$1.4B-2.2%	$1.4B
Current Assets	$556K-99.9%	$558.7M+30.5%	$428.0M-19.4%	$531.1M+1.7%	$522.5M-15.2%	$616.2M
Cash & Equivalents	$368K-99.9%	$358.6M+56.1%	$229.7M+15.1%	$199.6M-38.2%	$322.8M-20.8%	$407.7M
Inventory	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	$52K-99.9%	$42.1M-1.9%	$42.9M-8.2%	$46.7M-0.5%	$47.0M+29.0%	$36.4M
Goodwill	$513K-99.9%	$512.9M0.0%	$512.9M0.0%	$512.9M0.0%	$512.9M+10.9%	$462.3M
Total Liabilities	$614K-99.9%	$777.0M+3.2%	$752.9M-19.1%	$930.7M+14.2%	$814.7M+5.4%	$773.3M
Current Liabilities	$544K-99.9%	$398.9M+108.2%	$191.6M-0.2%	$192.0M+14.1%	$168.4M+15.5%	$145.8M
Long-Term Debt	$303K	N/A	N/A	N/A	N/A	N/A
Total Equity	$662K-99.9%	$517.8M+15.5%	$448.5M+7.0%	$419.0M-26.5%	$570.3M-11.4%	$643.4M
Retained Earnings	$612K+100.1%	-$664.2M-6.2%	-$625.7M-11.7%	-$560.3M-13.4%	-$493.9M-29.6%	-$381.2M

Metric	Q3'25	Q2'25	Q1'25	Q3'25	Q3'25	Q2'25	Q1'25	Q4'24
Total Assets	$1.4B+3.0%	$1.4B+2.6%	$1.3B+4.3%	$1.3B+1.7%	$1.3B+1.9%	$1.2B+1.7%	$1.2B+2.2%	$1.2B
Current Assets	$707.3M+7.2%	$659.7M+6.6%	$618.8M+10.8%	$558.7M+6.1%	$526.3M+7.1%	$491.4M+7.2%	$458.5M+7.1%	$428.0M
Cash & Equivalents	$472.4M+14.0%	$414.3M+7.9%	$383.9M+7.1%	$358.6M+11.9%	$320.3M+5.4%	$303.8M+10.7%	$274.5M+19.5%	$229.7M
Inventory	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	$69.9M+15.8%	$60.3M-3.6%	$62.6M+48.7%	$42.1M-27.3%	$57.9M-2.5%	$59.4M+9.5%	$54.3M+26.6%	$42.9M
Goodwill	$512.9M0.0%	$512.9M0.0%	$512.9M0.0%	$512.9M0.0%	$512.9M0.0%	$512.9M0.0%	$512.9M0.0%	$512.9M
Total Liabilities	$803.8M+0.3%	$801.1M-0.4%	$804.4M+3.5%	$777.0M-0.1%	$777.7M+1.2%	$768.4M+0.6%	$763.4M+1.4%	$752.9M
Current Liabilities	$731.6M-0.1%	$732.3M+69.4%	$432.2M+8.3%	$398.9M+89.2%	$210.8M+4.8%	$201.2M+4.4%	$192.7M+0.6%	$191.6M
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	$622.9M+6.6%	$584.3M+7.1%	$545.5M+5.3%	$517.8M+4.6%	$495.1M+3.0%	$480.7M+3.4%	$465.0M+3.7%	$448.5M
Retained Earnings	-$632.7M+2.3%	-$647.7M+1.8%	-$659.5M+0.7%	-$664.2M0.0%	-$664.4M-1.8%	-$652.6M-2.0%	-$639.5M-2.2%	-$625.7M

QTWO Cash Flow Statement

Metric	FY25	FY24	FY24	FY24	FY23	FY22
Operating Cash Flow	$201K-99.9%	$135.8M+93.1%	$70.3M+92.3%	$36.6M+17.6%	$31.1M+1158.3%	-$2.9M
Capital Expenditures	$7K-99.9%	$6.7M+18.0%	$5.7M-49.1%	$11.1M-43.6%	$19.8M-16.7%	$23.7M
Free Cash Flow	$195K-99.8%	$129.1M+99.7%	$64.6M+154.3%	$25.4M+124.1%	$11.3M+142.5%	-$26.7M
Investing Cash Flow	$4K+100.0%	-$21.1M-118.6%	$113.3M+168.4%	-$165.6M-154.2%	-$65.1M+47.5%	-$124.2M
Financing Cash Flow	$189K-98.6%	$13.3M+108.8%	-$152.0M-2684.4%	$5.9M+111.5%	-$51.2M-111.8%	$434.7M
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	$5K	N/A	N/A	N/A	N/A	N/A

Metric	Q3'25	Q2'25	Q1'25	Q3'25	Q3'25	Q2'25	Q1'25	Q4'24
Operating Cash Flow	N/A	N/A	$43.5M	N/A	N/A	N/A	$13.4M	N/A
Capital Expenditures	N/A	N/A	$785K	N/A	N/A	N/A	$1.4M	N/A
Free Cash Flow	N/A	N/A	$42.7M	N/A	N/A	N/A	$12.0M	N/A
Investing Cash Flow	N/A	N/A	-$19.5M	N/A	N/A	N/A	$23.5M	N/A
Financing Cash Flow	N/A	N/A	$547K	N/A	N/A	N/A	$8.4M	N/A
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

QTWO Financial Ratios

Metric	FY25	FY24	FY24	FY24	FY23	FY22
Gross Margin	54.1%+3.2pp	50.9%+2.5pp	48.4%+3.1pp	45.3%+0.2pp	45.1%+1.8pp	43.4%
Operating Margin	5.0%+11.1pp	-6.1%+7.7pp	-13.8%+4.7pp	-18.5%-2.9pp	-15.6%+9.2pp	-24.8%
Net Margin	6.5%+12.1pp	-5.5%+4.9pp	-10.5%+8.8pp	-19.3%+3.3pp	-22.6%+11.6pp	-34.2%
Return on Equity	7.9%	N/A	N/A	N/A	N/A	N/A
Return on Assets	4.1%+7.1pp	-3.0%+2.5pp	-5.4%+2.6pp	-8.1%+0.1pp	-8.1%+1.6pp	-9.7%
Current Ratio	1.02-0.4	1.40-0.8	2.23-0.5	2.77-0.3	3.10-1.1	4.23
Debt-to-Equity	0.46-1.0	1.50-0.2	1.68-0.5	2.22+0.8	1.43+0.2	1.20
FCF Margin	24.5%+6.0pp	18.5%+8.2pp	10.3%+5.9pp	4.5%+2.2pp	2.3%+8.9pp	-6.6%

Metric	Q3'25	Q2'25	Q1'25	Q3'25	Q3'25	Q2'25	Q1'25	Q4'24
Gross Margin	54.0%+0.4pp	53.6%+0.4pp	53.2%	N/A	50.9%+0.7pp	50.2%+0.5pp	49.7%	N/A
Operating Margin	5.5%+0.4pp	5.0%+3.9pp	1.1%	N/A	-7.3%+0.6pp	-7.9%+0.6pp	-8.6%	N/A
Net Margin	7.5%+1.4pp	6.0%+3.5pp	2.5%	N/A	-6.7%+0.8pp	-7.5%+0.8pp	-8.4%	N/A
Return on Equity	2.4%+0.4pp	2.0%+1.1pp	0.9%	N/A	N/A	N/A	N/A	N/A
Return on Assets	1.1%+0.2pp	0.9%+0.5pp	0.4%	N/A	-0.9%+0.1pp	-1.1%+0.1pp	-1.1%	N/A
Current Ratio	0.97+0.1	0.90-0.5	1.43+0.0	1.40-1.1	2.50+0.1	2.44+0.1	2.38+0.1	2.23
Debt-to-Equity	1.29-0.1	1.37-0.1	1.47-0.0	1.50-0.1	1.57-0.0	1.60-0.0	1.64-0.0	1.68
FCF Margin	N/A	N/A	22.5%	N/A	N/A	N/A	7.3%	N/A

Frequently Asked Questions

What is Q2 Hldgs Inc's annual revenue?

Q2 Hldgs Inc (QTWO) reported $795K in revenue for fiscal year 2025.

How fast is Q2 Hldgs Inc's revenue growing?

Q2 Hldgs Inc (QTWO) revenue declined by 99.9% year-over-year, from $696.5M to $795K in fiscal year 2025.

Is Q2 Hldgs Inc profitable?

Yes, Q2 Hldgs Inc (QTWO) reported a net income of $52K in fiscal year 2025, with a net profit margin of 6.5%.

What is Q2 Hldgs Inc's earnings per share (EPS)?

Q2 Hldgs Inc (QTWO) reported diluted earnings per share of $0.80 for fiscal year 2025.

What is Q2 Hldgs Inc's EBITDA?

Q2 Hldgs Inc (QTWO) had EBITDA of $93K in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

How much debt does Q2 Hldgs Inc have?

As of fiscal year 2025, Q2 Hldgs Inc (QTWO) had $368K in cash and equivalents against $303K in long-term debt.

What is Q2 Hldgs Inc's gross margin?

Q2 Hldgs Inc (QTWO) had a gross margin of 54.1% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

What is Q2 Hldgs Inc's operating margin?

Q2 Hldgs Inc (QTWO) had an operating margin of 5.0% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

What is Q2 Hldgs Inc's net profit margin?

Q2 Hldgs Inc (QTWO) had a net profit margin of 6.5% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

What is Q2 Hldgs Inc's return on equity (ROE)?

Q2 Hldgs Inc (QTWO) has a return on equity of 7.9% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is Q2 Hldgs Inc's free cash flow?

Q2 Hldgs Inc (QTWO) generated $195K in free cash flow during fiscal year 2025, representing cash available after capital expenditures.

What is Q2 Hldgs Inc's operating cash flow?

Q2 Hldgs Inc (QTWO) generated $201K in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Q2 Hldgs Inc's total assets?

Q2 Hldgs Inc (QTWO) had $1.3M in total assets as of fiscal year 2025, including both current and long-term assets.

What are Q2 Hldgs Inc's capital expenditures?

Q2 Hldgs Inc (QTWO) invested $7K in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

How much does Q2 Hldgs Inc spend on research and development?

Q2 Hldgs Inc (QTWO) invested $154K in research and development during fiscal year 2025.

Does Q2 Hldgs Inc buy back shares?

Yes, Q2 Hldgs Inc (QTWO) spent $5K on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

How many shares does Q2 Hldgs Inc have outstanding?

Q2 Hldgs Inc (QTWO) had 62M shares outstanding as of fiscal year 2025.

What is Q2 Hldgs Inc's current ratio?

Q2 Hldgs Inc (QTWO) had a current ratio of 1.02 as of fiscal year 2025, which is considered adequate.

What is Q2 Hldgs Inc's debt-to-equity ratio?

Q2 Hldgs Inc (QTWO) had a debt-to-equity ratio of 0.46 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Q2 Hldgs Inc's return on assets (ROA)?

Q2 Hldgs Inc (QTWO) had a return on assets of 4.1% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.