Q2 Holdings, Inc. logo

Q2 Holdings, Inc.

QTWO

NYSETechnologySoftware - Application

Previous close

$63.91

+$0.09 · +0.14%

Aug 21, 4:00 PM ET

QTWO company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Hold

Wait — insufficient conviction to act

Valuation

75

Undervalued

Momentum

39

Weakening

Sentiment

73

Bullish

Risk resilience

35

High Risk

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Company profile

Company website

Q2 Holdings, Inc. provides a comprehensive array of cloud-based digital banking platforms, primarily serving regional and community financial institutions (RCFIs) across the United States. Its extensive product lineup covers various facets of digital finance. For consumers, the company offers Q2 Consumer Banking, a browser-accessible solution featuring fully branded digital banking capabilities. Businesses, both small and commercial, can utilize Q2 Small Business and Commercial, a dedicated digital banking platform optimized for mobile and tablet devices. Furthermore, Q2mobile Remote Deposit Capture streamlines the process of depositing checks remotely. Beyond core banking functionality, Q2 also delivers specialized solutions. These include Q2 Sentinel for advanced security analytics and Q2 Patrol, an event-driven validation product. To enhance customer engagement, Q2 provides the SMART platform for targeting and messaging. Q2 CardSwap facilitates automatic updates of payment information for account holders receiving new cards, while Q2 Gro serves as a versatile platform for digital account opening, sales, and marketing. For bill payments, there's Q2 Biller Direct, and ClickSWITCH empowers financial institutions to manage and redirect direct deposits for end-users. The company's portfolio extends to robust risk and transaction management tools under the Centrix brand: a Dispute Tracking System for electronic transaction dispute resolution, a Payments I.Q. System for monitoring ACH files and reporting on risks, and an Exact/Transaction Management System designed for fraud prevention. Developers are also supported by the Q2 Caliper Software Development Kit. Enhancing personal financial management, Q2 Contextual PFM allows users to integrate and view both external and internal accounts directly on their digital banking homepage. Q2 Goals assists users in establishing and progressing towards specific savings objectives. Lending and leasing operations are supported by Q2 Cloud Lending, a digital platform, and PrecisionLender, a cloud-native, data-driven solution for sales enablement, pricing, and portfolio management. Additionally, Q2 BaaS offers a suite of open API financial services. Founded in 2004 and headquartered in Austin, Texas, the company originally operated as CBG Holdings, Inc. before changing its name to Q2 Holdings, Inc. in March 2013.

Industry
Software - Application
Sector
Technology
Headquarters
US
CEO
Matthew Flake
Listed since
Mar 20, 2014
Employees
2,549

Market position

Day range

Current $63.91

52-week range

Current $63.91

Open
$63.215
Previous close
$63.82
Volume
525.38K
0.6× average
Average volume
877.35K
Average daily volume
Market cap
3.99B USD
Beta
1.33
Market reference 1
50-day average
$54.767
+16.69% above average
200-day average
$57.137
+11.85% above average

Financials

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends62%31%0%-30%Gross margin, FY2021: 45.12%Gross margin, FY2022: 45.32%Gross margin, FY2023: 48.45%Gross margin, FY2024: 50.90%Gross margin, FY2025: 54.05%Operating margin, FY2021: -15.64%Operating margin, FY2022: -18.52%Operating margin, FY2023: -13.78%Operating margin, FY2024: -6.07%Operating margin, FY2025: 5.74%Net margin, FY2021: -22.61%Net margin, FY2022: -19.27%Net margin, FY2023: -10.47%Net margin, FY2024: -5.53%Net margin, FY2025: 6.54%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 45.12%. Gross margin FY2022 45.32%. Gross margin FY2023 48.45%. Gross margin FY2024 50.90%. Gross margin FY2025 54.05%. Operating margin FY2021 -15.64%. Operating margin FY2022 -18.52%. Operating margin FY2023 -13.78%. Operating margin FY2024 -6.07%. Operating margin FY2025 5.74%. Net margin FY2021 -22.61%. Net margin FY2022 -19.27%. Net margin FY2023 -10.47%. Net margin FY2024 -5.53%. Net margin FY2025 6.54%.

Income trends

Revenue

794.81M USD+14.12%

Operating income

45.64M USD+87.9M USD

Net income

52.01M USD+90.54M USD
Income trends across reported periods885.56M USD522.54M USD159.52M USD−203.5M USDRevenue, FY2021: 498.72M USDRevenue, FY2022: 565.67M USDRevenue, FY2023: 624.62M USDRevenue, FY2024: 696.46M USDRevenue, FY2025: 794.81M USDOperating income, FY2021: −78M USDOperating income, FY2022: −104.76M USDOperating income, FY2023: −86.06M USDOperating income, FY2024: −42.26M USDOperating income, FY2025: 45.64M USDNet income, FY2021: −112.75M USDNet income, FY2022: −108.98M USDNet income, FY2023: −65.38M USDNet income, FY2024: −38.54M USDNet income, FY2025: 52.01M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 498.72M USD. Revenue FY2022 565.67M USD. Revenue FY2023 624.62M USD. Revenue FY2024 696.46M USD. Revenue FY2025 794.81M USD. Operating income FY2021 −78M USD. Operating income FY2022 −104.76M USD. Operating income FY2023 −86.06M USD. Operating income FY2024 −42.26M USD. Operating income FY2025 45.64M USD. Net income FY2021 −112.75M USD. Net income FY2022 −108.98M USD. Net income FY2023 −65.38M USD. Net income FY2024 −38.54M USD. Net income FY2025 52.01M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue794.81M USD696.46M USD624.62M USD565.67M USD498.72M USD
Cost of goods sold365.22M USD341.98M USD321.97M USD309.33M USD273.69M USD
Gross profit429.59M USD354.48M USD302.65M USD256.35M USD225.04M USD
Research and development154.33M USD143.24M USD137.33M USD130.1M USD116.95M USD
Selling, general, and administrative231.37M USD228.89M USD219.71M USD198.38M USD163.48M USD
Operating expenses383.95M USD396.74M USD388.71M USD361.11M USD303.03M USD
Interest income20.24M USD16.34M USD10.1M USD5.36M USD1.48M USD
Interest expense5.41M USD4.94M USD5.73M USD6.68M USD33.07M USD
Depreciation and amortization69.42M USD68.81M USD85.11M USD61.66M USD54.83M USD
Operating income45.64M USD−42.26M USD−86.06M USD−104.76M USD−78M USD
Net income52.01M USD−38.54M USD−65.38M USD−108.98M USD−112.75M USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
55%
6 beats, 4 misses, 1 met estimate
Average EPS surprise
-1.79%
11 comparable reports
Latest EPS result
0.7
Estimate 0.68 · Beat by 2.49%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates0.750.650.540.44Q1 '25MetQ2 '25BeatQ3 '25MissQ4 '25BeatQ1 '26BeatQ2 '26MissQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 12, 2025: actual 0.48, estimate 0.48, surprise 0.00%, Met estimate. Q2 2025, reported May 7, 2025: actual 0.54, estimate 0.48, surprise +12.50%, Beat. Q3 2025, reported Jul 30, 2025: actual 0.5, estimate 0.51, surprise -1.96%, Miss. Q4 2025, reported Nov 5, 2025: actual 0.57, estimate 0.55, surprise +3.64%, Beat. Q1 2026, reported Feb 11, 2026: actual 0.61, estimate 0.59, surprise +3.39%, Beat. Q2 2026, reported Apr 29, 2026: actual 0.63, estimate 0.71, surprise -11.27%, Miss. Q3 2026, reported Jul 29, 2026: actual 0.7, estimate 0.683, surprise +2.49%, Beat. Q4 2026, reported Nov 4, 2026: actual —, estimate 0.7, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates230.13M210.46M190.78M171.1MQ1 '25BeatQ2 '25BeatQ3 '25MissQ4 '25MissQ1 '26BeatQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 12, 2025: actual 183.05M USD, estimate 179.95M USD, surprise +1.72%, Beat. Q2 2025, reported May 7, 2025: actual 189.74M USD, estimate 186.49M USD, surprise +1.74%, Beat. Q3 2025, reported Jul 30, 2025: actual 195.15M USD, estimate 198.01M USD, surprise -1.45%, Miss. Q4 2025, reported Nov 5, 2025: actual 201.7M USD, estimate 204.86M USD, surprise -1.54%, Miss. Q1 2026, reported Feb 11, 2026: actual 208.22M USD, estimate 204.69M USD, surprise +1.73%, Beat. Q2 2026, reported Apr 29, 2026: actual 216.51M USD, estimate 214.4M USD, surprise +0.98%, Beat. Q3 2026, reported Jul 29, 2026: actual 219.77M USD, estimate 216.86M USD, surprise +1.34%, Beat. Q4 2026, reported Nov 4, 2026: actual —, estimate 221.28M USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Analyst price target

Average target

$70.00

9.53% upside
Past 12 months12-month forecastHigh $75.00Average $70.00Low $63.00

Rating distribution

32 ratings
Strong buy00%
Buy2475%
Hold825%
Sell00%
Strong sell00%

QTWO peers

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