Q2 Holdings, Inc. (QTWO) quarterly balance sheet — complete assets, liabilities & equity history
Q2 Holdings, Inc. (QTWO) balance sheet — 15-year assets, liabilities & shareholders' equity history
| Metric | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 |
|---|
| Total Current Assets | 282.69M | 244.47M | 524.57M | 556.05M | 707.27M | 659.75M | 618.77M | 558.66M | 526.34M | 491.38M | 458.5M | 427.96M | 396.69M | 379.2M | 375.12M | 531.08M | 499.29M | 496.21M | 511.59M | 522.45M |
| Cash & Short-Term Investments | 122.99M | 106.42M | 342.33M | 367.63M | 568.73M | 532.07M | 486.05M | 446.63M | 407.85M | 372.05M | 338.46M | 324.01M | 290.78M | 280.01M | 271.73M | 433.35M | 395.69M | 399.35M | 413.69M | 427.73M |
| Cash Only | 116.31M | 99.92M | 342.33M | 367.63M | 472.39M | 414.27M | 383.9M | 358.56M | 320.29M | 303.82M | 274.52M | 229.66M | 155.99M | 118.23M | 121.26M | 199.6M | 192.57M | 211.13M | 225.54M | 322.85M |
| Short-Term Investments | 6.68M | 6.51M | 0 | 0 | 96.34M | 117.8M | 102.15M | 88.07M | 87.56M | 68.23M | 63.94M | 94.35M | 134.79M | 161.78M | 150.48M | 233.75M | 203.12M | 188.22M | 188.14M | 104.88M |
| Accounts Receivable | 94.04M | 70.51M | 96.69M | 74.42M | 76.11M | 68.36M | 68.97M | 49.97M | 65.15M | 68.21M | 62.87M | 52.09M | 55.3M | 50.03M | 49.62M | 55.64M | 55.9M | 49.28M | 39.59M | 48.82M |
| Days Sales Outstanding | 33.53 | 34.62 | 35.56 | 33.25 | 32.95 | 32.02 | 28.21 | 28.93 | 35.05 | 34.5 | 31.6 | 30.47 | 31.26 | 29.34 | 30.96 | 35.01 | 33.42 | 28.82 | 29.68 | 36.13 |
| Inventory | 0 | 690K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 37.22M | 0 | 0 | 0 | 0 | 0 | 0 |
| Days Inventory Outstanding | - | 0.7 | - | - | - | - | - | - | - | - | - | - | - | 41.97 | - | - | - | - | - | - |
| Other Current Assets | 45.05M | 46.41M | 85.55M | 114.01M | 62.42M | 59.32M | 63.76M | 62.06M | 53.34M | 51.12M | 57.17M | 51.86M | 50.62M | 11.95M | 53.76M | 42.08M | 34.2M | 33.83M | 35.38M | 35.37M |
| Total Non-Current Assets | 721.36M | 690.99M | 721.77M | 720.23M | 719.43M | 725.67M | 731.08M | 736.13M | 746.48M | 757.64M | 769.89M | 773.46M | 782.55M | 793.49M | 809.28M | 818.65M | 834.1M | 847.49M | 852.51M | 862.6M |
| Property, Plant & Equipment | 53.14M | 54.6M | 53.7M | 54.97M | 53.26M | 56.6M | 56.95M | 61.93M | 65.3M | 68.9M | 72.83M | 76.63M | 78.92M | 84.04M | 90.33M | 96.53M | 102.58M | 111.31M | 113.88M | 118.89M |
| Fixed Asset Turnover | 4.19x | 4.06x | 3.98x | 3.85x | 3.67x | 3.44x | 3.19x | 2.88x | 2.61x | 2.44x | 2.21x | 2.08x | 1.90x | 1.77x | 1.64x | 1.47x | 1.35x | 1.25x | 1.15x | 1.10x |
| Goodwill | 512.87M | 512.87M | 512.87M | 512.87M | 512.87M | 512.87M | 512.87M | 512.87M | 512.87M | 512.87M | 512.87M | 512.87M | 512.87M | 512.87M | 512.87M | 512.87M | 512.87M | 512.87M | 512.87M | 512.87M |
| Intangible Assets | 71.46M | 73.45M | 75.78M | 78.38M | 82.32M | 86.77M | 90.53M | 94.63M | 101.15M | 108.4M | 115.25M | 121.57M | 128.35M | 134.69M | 139.97M | 145.68M | 146.2M | 150.9M | 156.31M | 162.46M |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 11.57M | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 83.9M | 50.08M | 79.42M | 74.01M | 70.99M | 69.42M | 70.74M | 66.7M | 67.16M | 67.47M | 68.94M | 62.39M | 62.41M | 61.89M | 66.11M | 63.57M | 72.46M | 72.42M | 69.45M | 68.38M |
| Total Assets | 1B | 968.42M | 1.25B | 1.28B | 1.43B | 1.39B | 1.35B | 1.29B | 1.27B | 1.25B | 1.23B | 1.2B | 1.18B | 1.17B | 1.18B | 1.35B | 1.33B | 1.34B | 1.36B | 1.39B |
| Asset Turnover | 0.23x | 0.20x | 0.17x | 0.15x | 0.14x | 0.14x | 0.14x | 0.14x | 0.14x | 0.14x | 0.14x | 0.14x | 0.13x | 0.13x | 0.12x | 0.11x | 0.11x | 0.10x | 0.10x | 0.10x |
| Asset Growth % | -29.62% | -30.1% | -7.67% | -1.43% | 12.09% | 10.92% | 9.89% | 7.77% | 7.93% | 6.51% | 3.71% | -10.99% | -11.56% | -12.73% | -13.17% | -2.55% | -3.35% | -2.88% | -3.97% | -2.23% |
| Total Current Liabilities | 278.98M | 258.81M | 562.49M | 544.09M | 731.65M | 732.28M | 432.16M | 398.9M | 210.8M | 201.2M | 192.65M | 191.56M | 176.09M | 168.9M | 176.9M | 192.04M | 166.23M | 160.29M | 171.85M | 168.36M |
| Accounts Payable | 21.31M | 16.35M | 10.28M | 20.47M | 8.13M | 6.14M | 14.58M | 9.35M | 13.23M | 14.25M | 12.6M | 19.35M | 15.11M | 14.14M | 13.91M | 10.05M | 11.66M | 12.85M | 13.42M | 10.6M |
| Days Payables Outstanding | 19.05 | 13.53 | 15.62 | 14.16 | 7.07 | 10.41 | 12.14 | 11.98 | 14.7 | 14.19 | 17.46 | 19.64 | 16.65 | 15.81 | 13.53 | 12.43 | 14.47 | 15.44 | 14.67 | 10.16 |
| Short-Term Debt | 0 | 0 | 303.68M | 303.37M | 493.93M | 493.44M | 190.51M | 190.33M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 10.9M | 10.89M | 10.87M | 10.86M | 0 |
| Deferred Revenue (Current) | 197.69M | 186.79M | 196.76M | 155M | 170.29M | 179.44M | 174.09M | 137.7M | 141.27M | 134.36M | 132.39M | 118.72M | 115.78M | 111.47M | 122.06M | 117.47M | 101.06M | 95.82M | 103.32M | 98.69M |
| Other Current Liabilities | 0 | 0 | 17.53M | 31.75M | 23.41M | 23.85M | 18.64M | 32.95M | 25.91M | 21.36M | 13.81M | 26.58M | 18.52M | 15.92M | 11.67M | 23.46M | 18.04M | 16.72M | 19.51M | 31.73M |
| Current Ratio | 1.01x | 0.94x | 0.93x | 1.02x | 0.97x | 0.90x | 1.43x | 1.40x | 2.50x | 2.44x | 2.38x | 2.23x | 2.25x | 2.25x | 2.12x | 2.77x | 3.00x | 3.10x | 2.98x | 3.10x |
| Quick Ratio | 1.01x | 0.94x | 0.93x | 1.02x | 0.97x | 0.90x | 1.43x | 1.40x | 2.50x | 2.44x | 2.38x | 2.23x | 2.25x | 2.02x | 2.12x | 2.77x | 3.00x | 3.10x | 2.98x | 3.10x |
| Cash Conversion Cycle | - | 21.79 | - | - | - | - | - | - | - | - | - | - | - | 55.5 | - | - | - | - | - | - |
| Total Non-Current Liabilities | 67.29M | 66.15M | 72.18M | 70.38M | 72.17M | 68.8M | 372.24M | 378.1M | 566.89M | 567.15M | 570.76M | 561.38M | 562.13M | 562.38M | 568.39M | 738.66M | 736.83M | 742.47M | 746.07M | 646.39M |
| Long-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 302.43M | 302.12M | 491.95M | 491.46M | 490.96M | 490.46M | 489.97M | 489.47M | 488.98M | 657.79M | 657.13M | 656.47M | 655.81M | 551.6M |
| Capital Lease Obligations | 30.48M | 32.24M | 31.59M | 33.83M | 36.06M | 36.52M | 36.02M | 38.35M | 39.36M | 41.77M | 44.43M | 45.59M | 46.89M | 48.7M | 50.93M | 52.99M | 55.29M | 56.65M | 59.01M | 61.37M |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 9.34M | 9.73M | 10.03M | 9.72M | 7.46M | 6.99M | 6.81M | 10.36M | 10.26M | 9.59M | 8.52M | 7.98M | 7.34M | 4.53M | 5.17M | 6.19M | 3.57M | 5.02M | 5.05M | 4.25M |
| Total Liabilities | 346.27M | 324.96M | 634.67M | 614.47M | 803.82M | 801.08M | 804.4M | 777M | 777.7M | 768.36M | 763.42M | 752.95M | 738.22M | 731.28M | 745.29M | 930.7M | 903.05M | 902.76M | 917.92M | 814.75M |
| Total Debt | 38.89M | 40.93M | 343.9M | 346.82M | 539.08M | 539.32M | 539.05M | 542.99M | 542.09M | 544.12M | 546.02M | 548.92M | 545.93M | 547.38M | 549.14M | 733.34M | 732.75M | 733.32M | 734.89M | 621.97M |
| Net Debt | -77.42M | -58.98M | 1.57M | -20.81M | 66.69M | 125.05M | 155.14M | 184.43M | 221.8M | 240.3M | 271.5M | 319.26M | 389.94M | 429.15M | 427.88M | 533.74M | 540.18M | 522.19M | 509.34M | 299.13M |
| Debt / Equity | 0.06x | 0.06x | 0.56x | 0.52x | 0.87x | 0.92x | 0.99x | 1.05x | 1.09x | 1.13x | 1.17x | 1.22x | 1.24x | 1.24x | 1.25x | 1.75x | 1.70x | 1.66x | 1.65x | 1.09x |
| Debt / EBITDA | 0.84x | 0.99x | 8.63x | 13.95x | 28.20x | 23.05x | 33.88x | 32.28x | 111.75x | 138.03x | 163.58x | - | - | - | - | - | - | - | - | - |
| Net Debt / EBITDA | -1.67x | -1.42x | 0.04x | -0.84x | 3.49x | 5.35x | 9.75x | 10.96x | 45.72x | 60.96x | 81.34x | - | - | - | - | - | - | - | - | - |
| Interest Coverage | 64.11x | 28.51x | 25.69x | 17.69x | 12.85x | 11.03x | 4.41x | 2.65x | -6.04x | -8.80x | -8.51x | -10.53x | -15.83x | -13.64x | 0.66x | -18.17x | -15.55x | -13.97x | -11.97x | -2.07x |
| Total Equity | 657.78M | 643.45M | 611.68M | 661.81M | 622.88M | 584.34M | 545.46M | 517.8M | 495.12M | 480.67M | 464.97M | 448.48M | 441.03M | 441.41M | 439.1M | 419.02M | 430.35M | 440.94M | 446.19M | 570.3M |
| Equity Growth % | 5.6% | 10.12% | 12.14% | 27.81% | 25.81% | 21.57% | 17.31% | 15.46% | 12.26% | 8.89% | 5.89% | 7.03% | 2.48% | 0.11% | -1.59% | -26.53% | -26.02% | -26.2% | -29.51% | -11.36% |
| Book Value per Share | 10.35 | 9.65 | 9.04 | 9.68 | 8.92 | 8.39 | 8.41 | 8.01 | 8.21 | 7.99 | 7.82 | 7.63 | 7.54 | 7.57 | 7.59 | 7.28 | 7.50 | 7.70 | 7.83 | 10.03 |
| Total Shareholders' Equity | 657.78M | 643.45M | 611.68M | 661.81M | 622.88M | 584.34M | 545.46M | 517.8M | 495.12M | 480.67M | 464.97M | 448.48M | 441.03M | 441.41M | 439.1M | 419.02M | 430.35M | 440.94M | 446.19M | 570.3M |
| Common Stock | 6K | 6K | 6K | 6K | 6K | 6K | 6K | 6K | 6K | 6K | 6K | 6K | 6K | 6K | 6K | 6K | 6K | 6K | 6K | 6K |
| Retained Earnings | -522.5M | -555.73M | -585.58M | -612.22M | -632.66M | -647.71M | -659.48M | -664.23M | -664.39M | -652.6M | -639.54M | -625.69M | -607.62M | -584.45M | -560.83M | -560.31M | -527.9M | -500.11M | -474.89M | -493.93M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | -2.95M | -2.68M | -2.63M | -1.95M | -1.86M | -1.44M | -1.72M | -1.87M | -593K | -1.21M | -1.31M | -1.11M | -1.99M | -1.95M | -1.95M | -2.97M | -3.6M | -2.57M | -1.3M | -135K |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |