Q2 Holdings, Inc. (QTWO) Quarterly Income Statement

120+ quarters historyFree accessUpdated daily

Q2 Holdings, Inc. (QTWO) quarterly income statement — complete revenue, gross profit & net income history

Quarterly statement

QTWO Income Statement

Q2 Holdings, Inc. (QTWO) annual income statement — 15-year revenue, gross profit & net income 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

Sales/Revenue	225.77M	219.76M	216.51M	208.22M	201.7M	195.15M	189.74M	183.04M	175.02M	172.89M	165.51M	162.12M	154.97M	154.53M	153.01M	146.54M	144.75M	140.31M	134.07M	131.89M
Revenue Growth %	11.93%	12.61%	14.11%	13.75%	15.25%	12.87%	14.64%	12.91%	12.94%	11.88%	8.17%	10.63%	7.06%	10.14%	14.12%	11.11%	14.21%	13.54%	15.06%	21.02%
Cost of Goods Sold	90.93M	89.56M	88.59M	92.94M	92.86M	90.58M	88.75M	86.7M	85.96M	86.06M	83.26M	80.72M	80.83M	80.7M	79.71M	80.34M	77.89M	77.42M	73.67M	72.41M
COGS % of Revenue	40.27%	40.75%	40.92%	44.63%	46.04%	46.42%	46.77%	47.37%	49.12%	49.78%	50.3%	49.79%	52.16%	52.22%	52.1%	54.82%	53.81%	55.18%	54.95%	54.9%
Gross Profit	134.84M	130.2M	127.91M	115.28M	108.84M	104.56M	100.99M	96.34M	89.06M	86.83M	82.25M	81.39M	74.13M	73.83M	73.3M	66.2M	66.86M	62.89M	60.4M	59.48M
Gross Margin %	59.73%	59.25%	59.08%	55.37%	53.96%	53.58%	53.23%	52.63%	50.88%	50.22%	49.7%	50.21%	47.84%	47.78%	47.9%	45.18%	46.19%	44.82%	45.05%	45.1%
Gross Profit Growth %	23.89%	24.52%	26.66%	19.66%	22.22%	20.43%	22.78%	18.37%	20.13%	17.61%	12.22%	22.95%	10.88%	17.4%	21.35%	11.29%	17.27%	13.64%	13.53%	33.64%
Operating Expenses	100.89M	100.86M	99.79M	96.98M	97.84M	94.72M	98.8M	95.51M	101.86M	100.53M	96.44M	99.41M	97.31M	97.5M	94.5M	98.69M	93.95M	86.67M	81.8M	77.05M
OpEx % of Revenue	44.68%	45.89%	46.09%	46.57%	48.51%	48.54%	52.07%	52.18%	58.2%	58.15%	58.27%	61.32%	62.79%	63.09%	61.76%	67.35%	64.9%	61.77%	61.01%	58.42%
Selling, General & Admin	58.18M	59.01M	57.91M	56.34M	58.11M	58.07M	58.85M	57.2M	57.05M	59.02M	55.62M	56.84M	54.21M	55.83M	52.84M	59.37M	50.58M	49.76M	46.24M	42.47M
SG&A % of Revenue	25.77%	26.85%	26.75%	27.06%	28.81%	29.76%	31.02%	31.25%	32.6%	34.13%	33.61%	35.06%	34.98%	36.13%	34.53%	40.52%	34.94%	35.47%	34.49%	32.2%
Research & Development	41.36M	41.12M	41.88M	40.63M	38.93M	36.91M	37.85M	35.72M	36.9M	35.76M	34.86M	34.27M	34.54M	34.1M	34.42M	34.04M	33.1M	31.83M	31.13M	29.96M
R&D % of Revenue	18.32%	18.71%	19.34%	19.51%	19.3%	18.92%	19.95%	19.52%	21.08%	20.68%	21.06%	21.14%	22.29%	22.06%	22.5%	23.23%	22.87%	22.69%	23.22%	22.72%
Other Operating Expenses	1000K	732K	0	0	803K	-261K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Operating Income	33.96M	29.34M	28.13M	18.31M	11M	9.84M	2.19M	831K	-12.8M	-13.7M	-14.19M	-18.02M	-23.17M	-23.67M	-21.2M	-32.49M	-27.09M	-23.78M	-21.4M	-17.57M
Operating Margin %	15.04%	13.35%	12.99%	8.79%	5.46%	5.04%	1.15%	0.45%	-7.31%	-7.93%	-8.57%	-11.11%	-14.95%	-15.32%	-13.85%	-22.17%	-18.72%	-16.95%	-15.96%	-13.32%
Operating Income Growth %	208.6%	198.18%	1184.92%	2103.13%	185.97%	171.81%	115.43%	104.61%	44.76%	42.11%	33.09%	44.54%	14.47%	0.48%	0.93%	-84.93%	-17.93%	-19.26%	-22.19%	14.21%
EBITDA	46.43M	41.4M	39.87M	24.86M	19.11M	23.39M	15.91M	16.82M	4.85M	3.94M	3.34M	-74K	-4.89M	-5.73M	-3.66M	-16.07M	-11.8M	-8.76M	-6.48M	-3.31M
EBITDA Margin %	20.57%	18.84%	18.42%	11.94%	9.48%	11.99%	8.38%	9.19%	2.77%	2.28%	2.02%	-0.05%	-3.15%	-3.71%	-2.39%	-10.96%	-8.15%	-6.24%	-4.83%	-2.51%
EBITDA Growth %	142.91%	76.96%	150.61%	47.8%	294.02%	493.48%	376.6%	22831.08%	199.28%	168.75%	191.3%	99.54%	58.59%	34.52%	43.58%	-384.76%	-32.73%	-37.75%	-40.84%	56.46%
D&A (Non-Cash Add-back)	12.47M	12.06M	11.74M	6.55M	8.11M	13.55M	13.72M	15.99M	17.65M	17.64M	17.52M	17.94M	18.29M	17.93M	17.54M	16.42M	15.29M	15.03M	14.92M	14.25M
EBIT	34.88M	29.34M	30.96M	22.02M	16.49M	14.84M	6.78M	3.11M	-8.18M	-9.85M	-11M	-14.63M	-20.84M	-21.56M	946K	-30.02M	-25.67M	-23.22M	-20.48M	-16.62M
Net Interest Income	373K	2.38M	2.06M	3.92M	4.2M	3.66M	3.05M	3.51M	3.26M	2.73M	1.9M	2M	1.01M	526K	832K	811K	-231K	-1.1M	-796K	-7.08M
Interest Income	917K	3.4M	3.27M	5.16M	5.49M	5M	4.59M	4.68M	4.62M	3.85M	3.19M	3.39M	2.33M	2.11M	2.28M	2.46M	1.42M	564K	915K	949K
Interest Expense	544K	1.03M	1.21M	1.25M	1.28M	1.35M	1.53M	1.17M	1.35M	1.12M	1.29M	1.39M	1.32M	1.58M	1.44M	1.65M	1.65M	1.66M	1.71M	8.03M
Other Income/Expense	373K	2.38M	1.63M	2.47M	4.2M	3.66M	3.05M	1.1M	3.26M	2.73M	1.9M	2M	1.01M	526K	20.7M	811K	-231K	-1.1M	-796K	-7.08M
Pretax Income	34.33M	31.72M	29.75M	20.78M	15.21M	13.5M	5.24M	1.94M	-9.54M	-10.97M	-12.29M	-16.02M	-22.16M	-23.14M	-498K	-31.68M	-27.32M	-24.88M	-22.2M	-24.65M
Pretax Margin %	15.21%	14.43%	13.74%	9.98%	7.54%	6.92%	2.76%	1.06%	-5.45%	-6.35%	-7.42%	-9.88%	-14.3%	-14.98%	-0.33%	-21.62%	-18.88%	-17.73%	-16.55%	-18.69%
Income Tax	1.11M	1.86M	3.11M	337K	160K	1.73M	487K	1.77M	2.26M	2.09M	1.55M	2.06M	1.01M	479K	18K	735K	469K	340K	1.36M	734K
Effective Tax Rate %	3.24%	5.86%	10.47%	1.62%	1.05%	12.84%	9.29%	91.53%	-23.7%	-19.04%	-12.65%	-12.85%	-4.54%	-2.07%	-3.61%	-2.32%	-1.72%	-1.37%	-6.15%	-2.98%
Net Income	33.22M	29.86M	26.64M	20.44M	15.05M	11.76M	4.75M	164K	-11.8M	-13.06M	-13.84M	-18.08M	-23.17M	-23.62M	-516K	-32.41M	-27.79M	-25.22M	-23.56M	-25.38M
Net Margin %	14.71%	13.59%	12.3%	9.82%	7.46%	6.03%	2.51%	0.09%	-6.74%	-7.55%	-8.36%	-11.15%	-14.95%	-15.29%	-0.34%	-22.12%	-19.2%	-17.98%	-17.57%	-19.24%
Net Income Growth %	120.76%	153.81%	460.47%	12365.24%	227.56%	190.08%	134.34%	100.91%	49.08%	44.71%	-2582.75%	44.22%	16.64%	6.34%	97.81%	-27.7%	12.01%	16.28%	8.17%	32.89%
Net Income (Continuing)	33.22M	29.86M	26.64M	20.44M	15.05M	11.76M	4.75M	164K	-11.8M	-13.06M	-13.84M	-18.08M	-23.17M	-23.62M	-516K	-32.41M	-27.79M	-25.22M	-23.56M	-25.38M
Discontinued Operations	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
EPS (Diluted)	0.52	0.46	0.40	0.31	0.23	0.18	0.07	0.00	-0.20	-0.22	-0.23	-0.31	-0.40	-0.41	-0.01	-0.56	-0.48	-0.44	-0.41	-0.45
EPS Growth %	126.09%	155.56%	471.43%	-	215%	181.82%	130.43%	100.81%	50%	46.34%	-	44.64%	16.67%	6.82%	97.83%	-24.44%	14.29%	16.98%	10.87%	34.78%
EPS (Basic)	0.53	0.48	0.43	0.33	0.24	0.19	0.08	0.00	-0.20	-0.22	-0.23	-0.31	-0.40	-0.41	-0.01	-0.56	-0.48	-0.44	-0.41	-0.45
Diluted Shares Outstanding	63.53M	66.67M	67.65M	68.39M	69.86M	69.64M	64.82M	64.65M	60.31M	60.16M	59.45M	58.74M	58.49M	58.29M	57.88M	57.58M	57.36M	57.23M	57.02M	56.85M
Basic Shares Outstanding	62.15M	62.41M	62.34M	62.52M	62.46M	62.35M	61.22M	60.5M	60.31M	60.16M	59.45M	58.74M	58.49M	58.29M	57.88M	57.58M	57.36M	57.23M	57.02M	56.85M
Dividend Payout Ratio	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-