Q2 Holdings, Inc. reports developments in digital transformation software for financial services, serving banks, credit unions, alternative finance companies and fintechs in the U.S. and internationally. Its updates center on the Q2 Digital Banking Platform, digital engagement for consumers, small businesses and commercial clients, and subscription-based hosted solutions.
Recurring news covers quarterly results, bookings and subscription annualized recurring revenue, new platform capabilities for treasury onboarding, risk and fraud management, account takeover protection and AI-enabled development. Company announcements also describe Q2 Innovation Studio, Helix, Q2 Code, Q2 Assistant, customer adoption themes, investor events and community partnership initiatives tied to its financial-services technology business.
Q2 Holdings (QTWO) appointed Jonathan Price as co-chief executive officer alongside Matt Flake, effective October 29, 2026. Flake will continue as president and chairman of the board. Price will also join the board of directors and retain his role as chief financial officer while Q2 searches for his successor.
Q2 Holdings (QTWO) reported third-quarter 2026 revenue of $225.8 million, with higher earnings and margins and raised full-year guidance. Revenue increased 12 percent year over year and 3 percent sequentially. GAAP net income reached $33.2 million, versus $15.0 million a year earlier, while GAAP gross margin rose to 59.7 percent from 54.0 percent. Adjusted EBITDA reached $67.8 million, and free cash flow was $55.0 million.
Subscription annualized recurring revenue reached $846.0 million, and committed backlog was approximately $2.8 billion. Q2 remained debt-free and repurchased $38.8 million of shares during the quarter. The company raised its 2026 revenue outlook to $888.0 million–$892.0 million and adjusted EBITDA outlook to $253.0 million–$256.0 million. Jonathan Price becomes co-CEO alongside Matt Flake effective October 29, 2026, and remains CFO while Q2 searches for a successor.
Q2 Holdings (QTWO) published an investor briefing video about agentic banking and fraud featuring its chief technology and operating officers. CTO Adam Blue and COO Hima Mukkamala discuss personal AI agents as a banking channel, fraud and cybersecurity, and early customer adoption of Q2 Assistant and its account takeover solution. The video is available on Q2’s Investor Relations Events & Presentations page.
Q2 Holdings (QTWO) will release its third-quarter 2026 financial results after market close on October 28, 2026. A conference call will follow at 5:00 p.m. EDT, hosted by Chairman, President and CEO Matt Flake and CFO Jonathan Price. Results and the webcast will be available on Q2's investor relations website, with an archived replay available for a limited time.
Q2 Holdings (NYSE:QTWO) released a fraud intelligence report examining account takeover signals across nearly 200 U.S. banks and credit unions. The analysis used anonymized data from its User Activity Monitoring product across 199 institutions, gathered from early June through early August 2026.
Credential phishing accounted for 55.2% of detected account takeover signals. Mule account activity appeared at twice the rate in credit unions as in banks. Across Q2's sample, the median Dual Approval Bypass fraud amount was over 13 times the median of other fraud amounts. This category involves bypassing controls that require a second person to approve an action.
Q2 Holdings (QTWO) and Austin FC will award $150,000 through their sixth annual Q-mmunity Gives grant program for Central Texas nonprofits.
The program will provide three $50,000 grants to organizations supporting underrepresented communities through education, job skills and readiness, or health and wellness. Applications are accepted from October 1 through October 15 at 11:59 p.m. CST. Eligible applicants must be tax-exempt nonprofits in good standing, and funds must support a project rather than organizational capacity.
Q2 (NYSE: QTWO) reported that five years after launch, more than 90% of its digital banking customers now use Q2 Innovation Studio, its SDK-based innovation and embedded fintech ecosystem. Over 450 banks and credit unions leverage more than 215 integrated partners, with an average of five partner integrations per institution.
According to Q2, clients such as Chartway Credit Union have used the platform to drive 6% organic deposit growth, a 10% increase in digital banking transactions, and a 40% reduction in manual fraud review volume. Q2 also introduced Q2 Code, an AI development environment designed to speed compliant extension development on the Q2 Digital Banking Platform.
Q2 Holdings (NYSE: QTWO) reported second quarter 2026 revenue of $219.8 million, up 13% year-over-year and 2% sequentially. GAAP gross margin was 59.2%, and GAAP net income rose to $29.9 million from $11.8 million a year earlier. Non-GAAP gross margin reached 62.3%, and adjusted EBITDA increased to $62.8 million from $45.8 million.
Subscription annualized recurring revenue grew 15% year-over-year to $825.5 million, while committed backlog increased 17% to about $2.8 billion. Q2 retired its convertible notes, ending the quarter debt-free, and repurchased 0.5 million shares for $22.9 million. The board approved an additional $350 million share repurchase authorization, bringing remaining capacity to roughly $375 million. Full-year 2026 guidance was raised to revenue of $881–886 million and adjusted EBITDA of $244–248 million.
Q2 Holdings (NYSE: QTWO) will release its second quarter 2026 financial results after market close on Wednesday, July 29, 2026, and will host an investor conference call at 5:00 p.m. EDT the same day, featuring Chairman, President & CEO Matt Flake and CFO Jonathan Price.
Participants must register via the webcast link, and the live and archived webcast will be available on Q2’s investor relations website, which the company uses to disclose material information and comply with Regulation FD.
Q2 Holdings (NYSE: QTWO) honored A+ Federal Credit Union with the 2026 Q2 Excellence Award for Fintech Collaboration at its CONNECT 26 conference in Austin, Texas.
A+FCU used strategic fintech partnerships to boost digital account openings by 202%, expand digital funding by 3,450%, and reach 74.8% digital adoption for its A+ Online Banking and A+ Mobile App.