QTWO Stock - Q2 Holdings, Inc.
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Financial Statements
| Metric | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Revenue | $696.46M | $624.62M | $565.67M | $498.72M | $402.75M |
| Gross Profit | $354.48M | $302.65M | $256.35M | $225.03M | $174.60M |
| Gross Margin | 50.9% | 48.5% | 45.3% | 45.1% | 43.4% |
| Operating Income | $-42,263,000 | $-86,057,000 | $-104,761,000 | $-77,995,000 | $-99,833,000 |
| Net Income | $-38,536,000 | $-65,384,000 | $-108,983,000 | $-112,746,000 | $-137,620,000 |
| Net Margin | -5.5% | -10.5% | -19.3% | -22.6% | -34.2% |
| EPS | $-0.64 | $-1.12 | $-1.90 | $-2.00 | $-2.65 |
Q2 Holdings, Inc. provides cloud-based digital banking solutions to regional and community financial institutions (RCFIs) in the United States. The company offers Q2 Consumer Banking, a browser-based digital banking solution and comprehensive financial institution branded digital banking capabilities; Q2 Small Business and Commercial, a mobile and tablet digital banking solution; Q2mobile Remote Deposit Capture, a partnered solution that allows remote check deposit capture. It also provides Q2 Sentinel, a security analytics solution; Q2 Patrol, an event-driven validation product; Q2 SMART, a targeting and messaging platform; and Q2 CardSwap that allows account holders receiving newly issued cards to automatically change their payment information. In addition, the company offers Q2 Gro, a digital account opening, and digital sales and marketing platform; Q2 Biller Direct, a bill payment solution; ClickSWITCH allows financial institutions to direct deposits to the end user. Centrix Dispute Tracking System, an electronic transaction dispute management solution; Centrix Payments I.Q. System, an ACH file monitoring and risk reporting solution; Centrix Exact/Transaction Management System, a fraud prevention tool; and Q2 Caliper Software Development Kit. Futher, it provides Q2 Contextual PFM, which allows end users to add external accounts and view them together with internal accounts on digital banking home page; Q2 Goals that enables end users to establish and save towards specific savings goals; Q2 Cloud Lending, a digital lending and leasing platform; PrecisionLender platform, a cloud-based, data-driven sales enablement, pricing, and portfolio management solution; and Q2 BaaS, a portfolio of open API financial services. The company was formerly known as CBG Holdings, Inc. and changed its name to Q2 Holdings, Inc. in March 2013. Q2 Holdings, Inc. was founded in 2004 and is headquartered in Austin, Texas.
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Price Targets
Recent Analyst Actions
| Date | Firm | Action | Rating | Price Target |
|---|---|---|---|---|
| June 18th 2025 | JP Morgan | Initiation | Overweight | $115 |
| June 3rd 2025 | Cantor Fitzgerald | Initiation | Overweight | $110 |
| April 7th 2025 | Compass Point | Downgrade | Neutral | $60 |
| January 10th 2025 | Robert W. Baird | Downgrade | Neutral | $99← $89 |
| December 18th 2024 | KeyBanc Capital Markets | Upgrade | Overweight | $126 |
| October 18th 2024 | Citigroup | Downgrade | Neutral | $90← $72 |
| September 4th 2024 | Compass Point | Initiation | Buy | $91 |
| July 24th 2024 | DA Davidson | Downgrade | Neutral | $76← $65 |
| December 13th 2023 | Piper Sandler | Upgrade | Neutral | $41← $30 |
| December 7th 2023 | Stephens | Upgrade | Overweight | $46← $36 |
| August 7th 2023 | Canaccord Genuity | Upgrade | Buy | $40← $25 |
| July 24th 2023 | Robert W. Baird | Upgrade | Outperform | $39← $30 |
| July 12th 2023 | Goldman | Initiation | Buy | $38 |
| May 31st 2023 | BTIG Research | Upgrade | Buy | $36 |
| March 15th 2023 | Canaccord Genuity | Downgrade | Hold | $25← $60 |
Earnings History & Surprises
QTWOEPS Surprise History
Quarterly EPS Details
| Period | Report Date | Estimated EPS | Actual EPS | Surprise | Result |
|---|---|---|---|---|---|
Q2 2026 | May 5, 2026 | — | — | — | — |
Q1 2026 | Feb 11, 2026 | $0.58 | — | — | — |
Q4 2025 | Nov 5, 2025 | $0.55 | $0.57 | +3.6% | ✓ BEAT |
Q3 2025 | Jul 30, 2025 | $0.51 | $0.50 | -2.0% | ✗ MISS |
Q2 2025 | May 7, 2025 | $0.48 | $0.54 | +12.5% | ✓ BEAT |
Q1 2025 | Feb 12, 2025 | $0.48 | $0.48 | 0.0% | = MET |
Q4 2024 | Nov 6, 2024 | $0.37 | $0.28 | -24.3% | ✗ MISS |
Q3 2024 | Jul 31, 2024 | $0.34 | $0.26 | -23.5% | ✗ MISS |
Q2 2024 | May 1, 2024 | $0.29 | $0.31 | +6.9% | ✓ BEAT |
Q1 2024 | Feb 21, 2024 | $0.24 | $0.27 | +12.5% | ✓ BEAT |
Q4 2023 | Nov 1, 2023 | $0.17 | $0.21 | +23.5% | ✓ BEAT |
Q3 2023 | Aug 2, 2023 | $0.12 | $0.07 | -41.7% | ✗ MISS |
Q2 2023 | May 9, 2023 | $0.05 | $0.14 | +180.0% | ✓ BEAT |
Q1 2023 | Feb 21, 2023 | $0.13 | $0.06 | -53.8% | ✗ MISS |
Q4 2022 | Nov 7, 2022 | $0.04 | $0.10 | +178.4% | ✓ BEAT |
Q3 2022 | Aug 3, 2022 | $0.05 | $0.07 | +40.0% | ✓ BEAT |
Q2 2022 | May 2, 2022 | $0.05 | $0.03 | -40.0% | ✗ MISS |
Q1 2022 | Feb 15, 2022 | $0.05 | $0.10 | +85.2% | ✓ BEAT |
Q4 2021 | Nov 3, 2021 | $0.03 | $0.03 | -14.1% | ✗ MISS |
Q3 2021 | Aug 4, 2021 | $0.06 | $0.09 | +50.0% | ✓ BEAT |
Latest News
RBC Capital Maintains Sector Perform on Q2 Holdings, Lowers Price Target to $86
➖ NeutralNeedham Maintains Buy on Q2 Holdings, Lowers Price Target to $90
📈 PositiveQ2 Holdings shares are trading higher after the company reported better-than-expected Q3 sales results and raised its FY25 sales guidance above estimates.
📈 PositiveQ2 Holdings Q3 Sales $201.704M Beat $197.871M Estimate
📈 PositiveQ2 Holdings Sees Q4 Sales $202.400M-$206.400M vs $203.457M Est
➖ NeutralQ2 Holdings Raises FY2025 Sales Guidance from $783.000M-$788.000M to $789.000M-$793.000M vs $786.212M Est
📈 PositiveQ2 Holdings GAAP EPS of $0.23 beats by $0.09, revenue of $201.7M beats by $3.93M
📈 PositiveCantor Fitzgerald Maintains Overweight on Q2 Holdings, Lowers Price Target to $90
➖ NeutralStifel Maintains Buy on Q2 Holdings, Lowers Price Target to $90
➖ NeutralJP Morgan Maintains Overweight on Q2 Holdings, Lowers Price Target to $110
📈 PositiveNoble Corporation, Q2 Holdings, Waystar Holding And Hecla Mining Will Replace Owens & Minor, B&G Food, Jack In The Box And Simulations Plus In The S&P SmallCap 600, Respectively
➖ NeutralQ2 Holdings Taps Open Payment Network As First Integration Partner For Instant Payments Manager, Enabling RTP And FedNow Connectivity
📈 PositiveQ2 Holdings GAAP EPS of $0.18 beats by $0.08, revenue of $195.1M beats by $1.39M
📈 PositiveFrequently Asked Questions about QTWO
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