# Q2 Holdings, Inc.: overview

QTWO · NYSE · CIK 1410384 · [Technology](/sectors/technology.md) · fiscal year ends Dec 31

Pages: [Overview](/companies/qtwo.md) · [Financials](/companies/qtwo/financials.md) · [Filings](/companies/qtwo/filings.md) · [Insiders](/companies/qtwo/insiders.md)

Latest reported revenue: [$219.8m](/filings/0001410384-26-000053.md) for Q2 FY2026, three months to 2026-06-30, from the 10-Q filed Jul 29, 2026 (XBRL us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax, accession 0001410384-26-000053).

## Last eight quarters

| Line item | Unit | Q3 FY2024 (2024-09-30) | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [175](/filings/0001410384-25-000159.md) | [183 d](/filings/0001410384-26-000006.md) | [190](/filings/0001410384-26-000037.md) | [195](/filings/0001410384-26-000053.md) | [202](/filings/0001410384-25-000159.md) | [208 d](/filings/0001410384-26-000006.md) | [217](/filings/0001410384-26-000037.md) | [220](/filings/0001410384-26-000053.md) |
| Gross margin | % | [50.9%](/filings/0001410384-25-000159.md) | [52.6% d](/filings/0001410384-26-000006.md) | [53.2%](/filings/0001410384-26-000037.md) | [53.6%](/filings/0001410384-26-000053.md) | [54.0%](/filings/0001410384-25-000159.md) | [55.4% d](/filings/0001410384-26-000006.md) | [59.1%](/filings/0001410384-26-000037.md) | [59.2%](/filings/0001410384-26-000053.md) |
| Operating margin | % | [(7.3%)](/filings/0001410384-25-000159.md) | [(0.9%) d](/filings/0001410384-26-000006.md) | [1.2%](/filings/0001410384-26-000037.md) | [5.0%](/filings/0001410384-26-000053.md) | [5.5%](/filings/0001410384-25-000159.md) | [8.1% d](/filings/0001410384-26-000006.md) | [12.8%](/filings/0001410384-26-000037.md) | [13.4%](/filings/0001410384-26-000053.md) |
| Net margin | % | [(6.7%)](/filings/0001410384-25-000159.md) | [0.1% d](/filings/0001410384-26-000006.md) | [2.5%](/filings/0001410384-26-000037.md) | [6.0%](/filings/0001410384-26-000053.md) | [7.5%](/filings/0001410384-25-000159.md) | [9.8% d](/filings/0001410384-26-000006.md) | [12.3%](/filings/0001410384-26-000037.md) | [13.6%](/filings/0001410384-26-000053.md) |
| Diluted EPS | $ per share | [(0.20)](/filings/0001410384-25-000159.md) | not reported | [0.07](/filings/0001410384-26-000037.md) | [0.18](/filings/0001410384-26-000053.md) | [0.23](/filings/0001410384-25-000159.md) | not reported | [0.40](/filings/0001410384-26-000037.md) | [0.46](/filings/0001410384-26-000053.md) |
| Free cash flow | $m | [40.9 d](/filings/0001410384-25-000159.md) | [41.6 d](/filings/0001410384-26-000006.md) | [42.7](/filings/0001410384-26-000037.md) | [47.3 d](/filings/0001410384-26-000053.md) | [42.9 d](/filings/0001410384-25-000159.md) | [61.7 d](/filings/0001410384-26-000006.md) | [49.7](/filings/0001410384-26-000037.md) | [59.0 d](/filings/0001410384-26-000053.md) |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Gross margin (gross profit / revenue). XBRL Gross profit: us-gaap:GrossProfit; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. Derived values: 9-month figure less the 6-month figure; 12-month figure less the 9-month figure; 6-month figure less the 3-month figure.

## Last five fiscal years

| Line item | Unit | FY2021 (2021-12-31) | FY2022 (2022-12-31) | FY2023 (2023-12-31) | FY2024 (2024-12-31) | FY2025 (2025-12-31) |
| --- | --- | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [499](/filings/0001410384-24-000015.md) | [566](/filings/0001410384-25-000010.md) | [625](/filings/0001410384-26-000006.md) | [696](/filings/0001410384-26-000006.md) | [795](/filings/0001410384-26-000006.md) |
| Gross margin | % | [45.1%](/filings/0001410384-24-000015.md) | [45.3%](/filings/0001410384-25-000010.md) | [48.5%](/filings/0001410384-26-000006.md) | [50.9%](/filings/0001410384-26-000006.md) | [54.1%](/filings/0001410384-26-000006.md) |
| Operating margin | % | [(15.6%)](/filings/0001410384-24-000015.md) | [(18.5%)](/filings/0001410384-25-000010.md) | [(13.8%)](/filings/0001410384-26-000006.md) | [(6.1%)](/filings/0001410384-26-000006.md) | [5.0%](/filings/0001410384-26-000006.md) |
| Net margin | % | [(22.6%)](/filings/0001410384-24-000015.md) | [(19.3%)](/filings/0001410384-25-000010.md) | [(10.5%)](/filings/0001410384-26-000006.md) | [(5.5%)](/filings/0001410384-26-000006.md) | [6.5%](/filings/0001410384-26-000006.md) |
| Diluted EPS | $ per share | [(2.00)](/filings/0001410384-24-000015.md) | [(1.90)](/filings/0001410384-25-000010.md) | [(1.12)](/filings/0001410384-26-000006.md) | [(0.64)](/filings/0001410384-26-000006.md) | [0.80](/filings/0001410384-26-000006.md) |
| Free cash flow | $m | [11.3](/filings/0001410384-24-000015.md) | [25.4](/filings/0001410384-25-000010.md) | [64.6](/filings/0001410384-26-000006.md) | [129](/filings/0001410384-26-000006.md) | [195](/filings/0001410384-26-000006.md) |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Gross margin (gross profit / revenue). XBRL Gross profit: us-gaap:GrossProfit; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

Each value links to the filing it came from. d marks a derived value. A ratio is not reported when any input is missing.

## Insider purchases and sales

The last 20 open-market transactions on Form 4 (codes P and S). Reported price is as stated on the form, not a market price. [All insider transactions](/companies/qtwo/insiders.md)

None in coverage.

## Funds that report holding it

From each manager’s latest Form 13F, largest reported value first. Reported value is as filed: filing data, not a price. [All funds](/funds.md)

| Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | --- | --- |
| [BlackRock, Inc.](/funds/2012383.md) | 2026-06-30 | $501.8m | 10,431,842 |  | Added +395,680 |
| [VANGUARD PORTFOLIO MANAGEMENT LLC](/funds/2100121.md) | 2026-06-30 | $239.1m | 4,969,943 |  | Added +111,104 |
| [VANGUARD CAPITAL MANAGEMENT LLC](/funds/2100119.md) | 2026-06-30 | $130.7m | 2,718,267 |  | Added +18,005 |
| [STATE STREET CORP](/funds/93751.md) | 2026-06-30 | $126.5m | 2,630,263 |  | Added +134,427 |
| [TREMBLANT CAPITAL GROUP](/funds/1353312.md) | 2026-06-30 | $88.6m | 1,842,165 |  | Added +139,189 |
| [MILLENNIUM MANAGEMENT LLC](/funds/1273087.md) | 2026-06-30 | $86.9m | 1,807,416 |  | Added +1,000,867 |
| [NOMURA ASSET MANAGEMENT INTERNATIONAL INC.](/funds/921739.md) | 2026-06-30 | $78.6m | 1,633,414 |  | Added +402,574 |
| [GEODE CAPITAL MANAGEMENT, LLC](/funds/1214717.md) | 2026-06-30 | $76.3m | 1,585,911 |  | Added +97,707 |
| [Capital Research Global Investors](/funds/1422848.md) | 2026-06-30 | $71.2m | 1,480,035 |  | Reduced −140,373 |
| [VICTORY CAPITAL MANAGEMENT INC](/funds/1040188.md) | 2026-06-30 | $68.9m | 1,433,131 |  | Added +1,255,848 |

## Recent filings

[All 1,509 filings](/companies/qtwo/filings.md)

| Filed | Accepted | Form | What it is | Accession |
| --- | --- | --- | --- | --- |
| 2026-07-29 | 17:05 ET | [10-Q](/filings/0001410384-26-000053.md) | Quarterly report, period 2026-06-30 | 0001410384-26-000053 |
| 2026-07-29 | 16:19 ET | [8-K](/filings/0001410384-26-000051.md) | 2.02 Results of operations; 8.01 Other events; 9.01 Financial statements and exhibits | 0001410384-26-000051 |
| 2026-06-12 | 16:05 ET | [8-K](/filings/0001410384-26-000043.md) | 5.07 Shareholder vote results | 0001410384-26-000043 |
| 2026-04-29 | 17:01 ET | [10-Q](/filings/0001410384-26-000037.md) | Quarterly report, period 2026-03-31 | 0001410384-26-000037 |
| 2026-04-29 | 16:18 ET | [8-K](/filings/0001410384-26-000035.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001410384-26-000035 |
| 2026-04-29 | 18:05 ET | [DEF 14A](/filings/0001410384-26-000029.md) | Proxy statement, period 2025-12-31 | 0001410384-26-000029 |
| 2026-02-11 | 17:02 ET | [10-K](/filings/0001410384-26-000006.md) | Annual report, period 2025-12-31 | 0001410384-26-000006 |
| 2026-02-11 | 16:19 ET | [8-K](/filings/0001410384-26-000005.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001410384-26-000005 |
| 2025-11-05 | 16:30 ET | [10-Q](/filings/0001410384-25-000159.md) | Quarterly report, period 2025-09-30 | 0001410384-25-000159 |
| 2025-11-05 | 16:21 ET | [8-K](/filings/0001410384-25-000157.md) | 5.02 Departure or appointment of officers or directors; 9.01 Financial statements and exhibits | 0001410384-25-000157 |

## Latest annual report

[Form 10-K for the fiscal year ended Dec 31, 2025](/filings/0001410384-26-000006.md), filed Feb 11, 2026.

## Forecast league

Q3 FY2026, the quarter ended 2026-09-30, is open for forecasts until the first results filing for it is accepted by EDGAR. Results are due by \[object Promise\]. [Forecast this quarter](/leagues/2026q3/targets/31d7c7ea-8923-4c9c-a994-8e85cb22800c)

## About the filer

- CIK: 1410384
- Tickers: QTWO
- Exchange: NYSE
- SIC code: 7372 Services-Prepackaged Software
- State of incorporation: not reported
- Filer category: Large accelerated filer

Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 24, 2026, 15:39 ET. No prices; not investment advice.