Last 48 quarters of trend data · Technology · Financial Software
Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.
| Metric | TTM | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E Ratio → | 42.63 | 26.65 | 26.14 | 29.56 | 58.19 | 78.68 | 129.99 | 285.75 | 10065.00 | — | — | — | — | — | — | — | — | — | — | — | — |
| — | -66.1% | -79.9% | -89.7% | -99.4% | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | |
| P/S Ratio | 5.30 | 3.90 | 3.65 | 3.69 | 5.93 | 6.27 | 8.35 | 6.83 | 8.89 | 6.87 | 5.25 | 4.72 | 3.93 | 3.05 | 2.91 | 2.33 | 2.64 | 3.19 | 3.93 | 6.55 | 8.56 |
| — | -37.8% | -56.3% | -45.9% | -33.3% | -8.8% | +59.1% | +44.8% | +126.0% | +125.7% | +80.1% | +102.7% | +49.0% | -4.5% | -25.9% | -64.5% | -69.2% | -64.3% | -66.4% | -45.4% | -46.0% | |
| P/B Ratio | 7.27 | 5.35 | 4.98 | 5.23 | 7.46 | 8.12 | 11.15 | 9.51 | 12.57 | 9.72 | 7.55 | 6.72 | 5.69 | 4.28 | 4.08 | 3.25 | 3.69 | 4.29 | 5.01 | 7.88 | 7.92 |
| — | -34.0% | -55.3% | -45.0% | -40.7% | -16.4% | +47.7% | +41.5% | +121.0% | +127.0% | +85.1% | +107.0% | +54.0% | -0.3% | -18.5% | -58.8% | -53.4% | -44.9% | -48.3% | -10.8% | -26.3% | |
| P/FCF | 20.23 | 14.06 | 13.60 | 16.09 | 21.80 | 33.94 | 31.19 | 34.27 | 44.15 | 34.27 | 31.56 | 129.73 | 21.38 | 50.83 | 120.78 | — | 9.08 | — | — | — | 33.54 |
| — | -58.6% | -56.4% | -53.1% | -50.6% | -1.0% | -1.2% | -73.6% | +106.6% | -32.6% | -73.9% | — | +135.4% | — | — | — | -72.9% | — | — | — | -77.5% | |
| EV / EBITDA | 28.94 | 18.55 | 19.01 | 20.07 | 39.83 | 52.03 | 70.99 | 83.94 | 99.46 | 259.37 | 245.43 | 254.34 | — | — | — | — | — | — | — | — | — |
| — | -64.4% | -73.2% | -76.1% | -59.9% | -79.9% | -71.1% | -67.0% | — | — | — | — | — | — | — | — | — | — | — | — | — | |
| EV / EBIT | 100.54 | 24.69 | 26.82 | 25.85 | 55.78 | 77.67 | 111.89 | 197.10 | 538.10 | — | — | — | — | — | — | 489.70 | — | — | — | — | — |
| — | -68.2% | -76.0% | -86.9% | -89.6% | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
Quarterly margins and returns. Watch for margin compression across consecutive quarters.
| Metric | TTM | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 54.0% | 59.7% | 59.2% | 59.1% | 55.4% | 54.0% | 53.6% | 53.2% | 52.6% | 50.9% | 50.2% | 49.7% | 50.2% | 47.8% | 47.8% | 47.9% | 45.2% | 46.2% | 44.8% | 45.1% | 45.1% |
| — | +10.7% | +10.6% | +11.0% | +5.2% | +6.0% | +6.7% | +7.1% | +4.8% | +6.4% | +5.1% | +3.7% | +11.1% | +3.6% | +6.6% | +6.3% | +0.2% | +2.7% | +0.1% | -1.3% | +10.4% | |
| Operating Margin | 5.7% | 15.0% | 13.4% | 13.0% | 8.8% | 5.5% | 5.0% | 1.2% | 0.5% | -7.3% | -7.9% | -8.6% | -11.1% | -15.0% | -15.3% | -13.9% | -22.2% | -18.7% | -17.0% | -16.0% | -13.3% |
| — | +175.7% | +164.8% | +1026.1% | +1836.7% | +174.6% | +163.6% | +113.5% | +104.1% | +51.1% | +48.3% | +38.1% | +49.9% | +20.1% | +9.6% | +13.2% | -66.4% | -3.3% | -5.0% | -6.2% | +29.1% | |
| Net Margin | 6.5% | 14.7% | 13.6% | 12.3% | 9.8% | 7.5% | 6.0% | 2.5% | 0.1% | -6.7% | -7.6% | -8.4% | -11.2% | -14.9% | -15.3% | -0.3% | -22.1% | -19.2% | -18.0% | -17.6% | -19.2% |
| — | +97.2% | +125.4% | +391.2% | +10857.5% | +210.7% | +179.8% | +130.0% | +100.8% | +54.9% | +50.6% | -2380.4% | +49.6% | +22.1% | +15.0% | +98.1% | -14.9% | +23.0% | +26.3% | +20.2% | +44.5% |
| Metric | TTM | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 8.8% | 5.1% | 4.8% | 4.2% | 3.2% | 2.5% | 2.1% | 0.9% | 0.0% | -2.4% | -2.8% | -3.0% | -4.1% | -5.3% | -5.4% | -0.1% | -7.6% | -6.4% | -5.7% | -4.6% | -4.4% |
| — | +104.8% | +128.5% | +368.0% | +9722.5% | +203.1% | +175.4% | +129.5% | +100.8% | +53.9% | +48.5% | -2419.5% | +46.7% | +17.7% | +5.6% | +97.4% | -73.2% | -19.1% | -16.1% | -15.3% | +25.4% | |
| ROA | 4.0% | 3.4% | 2.7% | 2.1% | 1.5% | 1.1% | 0.9% | 0.4% | 0.0% | -0.9% | -1.1% | -1.1% | -1.5% | -2.0% | -2.0% | -0.0% | -2.4% | -2.1% | -1.9% | -1.7% | -1.8% |
| — | +214.7% | +213.5% | +487.6% | +11717.2% | +214.4% | +181.6% | +131.5% | +100.8% | +52.5% | +47.4% | -2699.5% | +37.1% | +5.1% | -7.6% | +97.6% | -31.6% | +9.2% | +13.3% | +5.2% | +34.2% | |
| ROIC | 5.1% | 4.4% | 3.7% | 3.4% | 2.1% | 1.2% | 1.0% | 0.2% | 0.1% | -1.3% | -1.4% | -1.4% | -1.7% | -2.0% | -2.0% | -1.7% | -2.5% | -2.1% | -1.9% | -1.8% | -1.5% |
| — | +270.6% | +251.0% | +1336.9% | +2250.7% | +188.4% | +174.2% | +116.6% | +105.2% | +34.6% | +31.0% | +19.1% | +33.3% | +2.8% | -9.9% | +0.7% | -70.5% | -9.5% | -9.4% | -14.2% | +23.1% |
Quarterly solvency trend — watch for debt spikes or covenant pressure.
| Metric | TTM | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.52 | 0.06 | 0.06 | 0.56 | 0.52 | 0.87 | 0.92 | 0.99 | 1.05 | 1.09 | 1.13 | 1.17 | 1.22 | 1.24 | 1.24 | 1.25 | 1.75 | 1.70 | 1.66 | 1.65 | 1.09 |
| — | -93.2% | -93.1% | -43.1% | -50.0% | -21.0% | -18.5% | -15.8% | -14.3% | -11.6% | -8.7% | -6.1% | -30.1% | -27.3% | -25.4% | -24.1% | +60.5% | +60.5% | +62.4% | +72.0% | +16.7% | |
| Debt / EBITDA | 3.50 | 0.84 | 0.99 | 8.63 | 11.24 | 21.90 | 23.05 | 33.88 | 32.28 | 111.75 | 138.03 | 163.58 | — | — | — | — | — | — | — | — | — |
| — | -96.2% | -95.7% | -74.5% | -65.2% | -80.4% | -83.3% | -79.3% | — | — | — | — | — | — | — | — | — | — | — | — | — | |
| Current Ratio | 1.02 | 1.01 | 0.94 | 0.93 | 1.02 | 0.97 | 0.90 | 1.43 | 1.40 | 2.50 | 2.44 | 2.38 | 2.23 | 2.25 | 2.25 | 2.12 | 2.77 | 3.00 | 3.10 | 2.98 | 3.10 |
| — | +4.8% | +4.8% | -34.9% | -27.0% | -61.3% | -63.1% | -39.8% | -37.3% | +10.8% | +8.8% | +12.2% | -19.2% | -25.0% | -27.5% | -28.8% | -10.9% | -2.3% | -4.4% | -26.0% | -26.6% | |
| Quick Ratio | 1.02 | 1.01 | 0.94 | 0.93 | 1.02 | 0.97 | 0.90 | 1.43 | 1.40 | 2.50 | 2.44 | 2.38 | 2.23 | 2.25 | 2.02 | 2.12 | 2.77 | 3.00 | 3.10 | 2.98 | 3.10 |
| — | +4.8% | +4.5% | -34.9% | -27.0% | -61.3% | -63.1% | -39.8% | -37.3% | +10.8% | +20.6% | +12.2% | -19.2% | -25.0% | -34.6% | -28.8% | -10.9% | -2.3% | -4.4% | -26.0% | -26.6% | |
| Interest Coverage | 11.12 | 64.11 | 28.51 | 25.69 | 17.69 | 12.85 | 11.03 | 4.41 | 2.65 | -6.04 | -8.80 | -8.51 | -10.53 | -15.83 | -13.64 | 0.66 | -18.17 | -15.55 | -13.97 | -11.97 | -2.07 |
| — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
Includes 30+ ratios · 48 years · Updated daily
Live VCP patterns, Cup & Handle overlays, support/resistance, and AI trade plans.
High-probability breakout stocks crossing their pivot across 5 pattern engines.
DCF models, multiple analysis, and analyst estimates.
10-year return with dividends reinvested.
Compare growth, multiples, and margins vs sector.
Quick answers to the most common questions about buying QTWO stock.
Q2 Holdings, Inc.'s current P/E is 42.6x. The average P/E over the last 4 quarters is 35.1x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.
Q2 Holdings, Inc.'s current operating margin is 5.7%. Margins have been expanding over recent quarters. Quarterly margins are particularly useful for identifying trend inflections that annual data smooths over.
Quarterly financial ratios reveal short-term trend shifts — margin compression, debt spikes, or valuation re-ratings — that annual figures smooth over. They're essential for active investors tracking Q2 Holdings, Inc.'s business trajectory between earnings reports.