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Q2 Holdings QTWO · USD

Information Technology · US listing · 🇺🇸 United States

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74.24

+0.43%

Close of 9 Nov 2026, in USD

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Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.

At a glance

Figures in USD, from our data supplier.

FY2025

Revenue

$794.8m

FY2016FY2025

Net income

$52.0m

FY2016FY2025

Free cash flow

$194.7m

FY2016FY2025

Shareholders' equity

$661.8m

FY2016FY2025

Income statement

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Revenue$794.8m$696.5m$624.6m$565.7m$498.7m$402.8m$315.5m$241.1m$194.0m$150.2m
Gross profit$429.6m$354.5m$302.7m$256.3m$225.0m$174.6m$153.0m$119.2m$94.5m$72.8m
Research and development$154.3m$143.2m$137.3m$130.1m$117.0m$97.4m$76.3m$51.3m$40.3m$32.5m
Operating income$45.6m−$42.3m−$86.1m−$104.8m−$78.0m−$99.8m−$66.7m−$33.0m−$26.9m−$35.7m
Net income$52.0m−$38.5m−$65.4m−$109.0m−$112.7m−$137.6m−$70.9m−$35.4m−$26.2m−$36.4m
Diluted earnings per share0.76-0.60-1.11-1.89-1.98-2.52-1.47-0.82-0.63-0.90

Balance sheet

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Total assets$1.28bn$1.29bn$1.20bn$1.35bn$1.39bn$1.42bn$1.01bn$463.7m$212.8m$201.0m
Cash and short-term investments$367.6m$446.6m$324.0m$433.4m$427.7m$539.1m$132.4m$177.3m$99.6m$97.1m
Total liabilities$614.5m$777.0m$752.9m$930.7m$814.7m$773.3m$630.0m$304.8m$106.2m$100.7m
Debt$303.4m$492.4m$490.5m$668.7m$551.6m$557.5m$424.8m$182.7m——
Shareholders' equity$661.8m$517.8m$448.5m$419.0m$570.3m$643.4m$379.4m$158.9m$106.6m$100.2m
Shares outstanding68m65m59m58m57m55m48m43m42m40m

Cash flow

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash from operations$201.5m$135.8m$70.3m$36.6m$31.1m−$2.9m$567,000$4.6m$9.5m$3.4m
Capital spending−$6.8m−$6.7m−$30.6m−$30.1m−$25.6m−$24.7m−$14.3m−$13.3m−$13.3m−$17.4m
Free cash flow$194.7m$129.1m$39.6m$6.5m$5.5m−$27.6m−$13.8m−$8.7m−$3.8m−$14.0m
Dividends paid—————−$264.4m−$266.3m——−$5.8m

Latest quarters

By quarter end

Jun 2026Mar 2026Dec 2025Sept 2025Jun 2025Mar 2025Dec 2024Sept 2024
Revenue$219.8m$216.5m$208.2m$201.7m$195.1m$189.7m$183.0m$175.0m
Gross profit$130.2m$127.9m$115.3m$108.8m$104.6m$101.0m$96.3m$89.1m
Operating income$29.3m$28.1m$18.3m$11.0m$9.8m$2.2m$831,000−$12.8m
Net income$29.9m$26.6m$20.4m$15.0m$11.8m$4.8m$164,000−$11.8m
Diluted earnings per share0.450.400.300.220.170.070.00-0.18
Cash from operations$60.0m$56.0m$63.0m$45.0m$48.0m$43.0m$43.0m$43.0m
Capital spending−$1.0m−$6.0m−$7.0m−$8.0m−$3.0m−$5.0m−$6.0m−$8.0m
Free cash flow$59.0m$50.0m$56.0m$37.0m$45.0m$38.0m$37.0m$35.0m
Total assets$968.4m$1.25bn$1.28bn$1.43bn$1.39bn$1.35bn$1.29bn$1.27bn
Cash and short-term investments$106.4m$342.3m$367.6m$568.7m$532.1m$486.0m$446.6m$407.9m
Debt$8.7m$312.3m$313.0m$503.0m$502.8m$503.0m$504.6m$502.7m
Shareholders' equity$643.5m$611.7m$661.8m$622.9m$584.3m$545.5m$517.8m$495.1m

Financial ratios

Data as of 23 Oct 2026

FY2025FY2024FY2023FY2022FY2021FY2020
Gross margin54.0%50.9%48.5%45.3%45.1%43.4%
Operating margin7.6%-3.7%-9.0%-17.6%-15.6%-26.7%
Net margin6.5%-5.5%-10.5%-19.3%-22.6%-34.2%
Return on equity7.9%-7.4%-14.6%-26.0%-19.8%-21.4%
Return on assets4.1%-3.0%-5.4%-8.1%-8.1%-9.7%
Free cash flow yield4.4%3.2%2.5%1.7%1.4%0.6%
Revenue growth14.1%11.5%10.4%13.4%23.8%27.7%
Earnings growth-235.0%-41.1%-40.0%-3.3%-18.1%94.2%
Current ratio1.02x1.40x2.23x2.77x3.10x4.23x
Debt to equity0.47x0.97x1.12x1.62x0.98x0.88x
Equity ratio51.9%40.0%37.3%31.0%41.2%45.4%
Interest coverage11.12x-5.25x-9.79x-14.89x-2.36x-3.75x
R&D as a share of sales19.4%20.6%22.0%23.0%23.5%24.2%
Buybacks as a share of market value-5.8%-10.1%-2.0%-1.3%-4.1%-13.0%

Growth per year

Compound annual rate

3 years5 years10 years
Revenue12.0%14.6%22.0%

Average margins

Over each period

1 year3 years5 years10 years
Gross margin52.6%50.1%48.6%48.6%
Operating margin0.2%-7.0%-10.2%-12.0%
Net margin0.9%-6.0%-11.5%-13.2%

Valuation history

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Price to earnings94.9-168.9-39.0-14.2-40.0-50.2-55.3-60.8-58.8-31.9
Price to sales6.29.34.12.79.117.212.48.97.97.7

Market value over time

30 Nov 2016 to 22 Oct 2026, in USD

$1.18bn$4.62bn

Share price return

Finished calendar years

2025202420232022202120202019201820172016
Return-26%132%72%-67%-37%53%78%22%22%20%

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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