Q2 Holdings

Q2 Holdings

QTWO · NYSE · Technology / Software - Application

73.95USD+1.00 (+1.37%)

Price History

Full chart

Market Stats

Previous Close72.95
Open73.74
Day Range73.28 – 74.49
52-Week Range40.79 – 76.24
Volume257.70K
Market Cap3.44B
P/E (TTM)39.64
Forward P/E17.95
EPS1.39
Dividend Yield0.00%
Beta1.33
50-Day Avg60.91
200-Day Avg55.86

About

Q2 Holdings, Inc. provides digital solutions to financial institutions, financial technology companies, FinTechs, and alternative finance companies (Alt-FIs) in the United States. The company offers Digital Banking Platform, an end-to-end digital banking platform that supports its financial institution customers in their delivery of retail, SMB, and commercial functionalities across digital channels; and risk and fraud solutions that are designed to support financial institutions' efforts to protect end users, comply with regulatory requirements and manage fraud risk efficiently. It also provides Q2 Innovation Studio, an application program interface and software development kit based open technology platform that allows financial institution customers, FinTechs, and other partners to deploy customized experiences and financial services to end users; and Helix, a cloud-native, real-time core processing platform that combines the services and functionality for companies and financial institutions. In addition, the company offers digital lending and relationship pricing solutions that support financial institutions, FinTechs and Alt-FIs in managing lending workflows, pricing strategies and customer relationships across commercial and consumer use cases, as well as offers loans, deposits and fee-based products. The company was formerly known as CBG Holdings, Inc. and changed its name to Q2 Holdings, Inc. in March 2013. Q2 Holdings, Inc. was founded in 2004 and is headquartered in Austin, Texas.

Company Details

  • SectorTechnology
  • IndustrySoftware - Application
  • CEOMr. Matthew P. Flake
  • Employees2.55K
  • Headquarters10355 Pecan Park Boulevard, Austin, TX, United States, 78729, USA
  • Websitehttps://www.q2.com

Leadership

  • Mr. Matthew P. FlakePresident, CEO & Chairman of the Board · b. 1972
  • Mr. Jonathan A. PriceCFO and Executive VP of Strategy & Emerging Businesses · b. 1984
  • Mr. Himagiri MukkamalaChief Operating Officer · b. 1974
  • Mr. John E. BreedenChief Delivery Officer · b. 1973
  • Mr. Kirk L. ColemanChief Business Officer · b. 1972
  • Mr. Robert H. Seale IIIChairman Emeritus & Founder · b. 1962
  • Mr. Adam D. BlueChief Technology Officer · b. 1972
  • Mr. Josh YankovichInvestor Contact
  • Ms. Suzette JunierChief Compliance Officer & Chief Privacy Officer
  • Mr. M. Scott KerrSenior VP, General Counsel & Corporate Secretary · b. 1975

Financials

Income Statement

Currency: USD2011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue26.98M41.10M56.87M79.13M108.87M150.22M193.98M241.10M315.48M402.75M498.72M565.67M624.62M696.46M794.81M
Growth (%)-+52.33%+38.37%+39.14%+37.58%+37.99%+29.13%+24.29%+30.85%+27.66%+23.83%+13.42%+10.42%+11.50%+14.12%
Cost of Revenue14.79M25.17M36.26M46.05M59.13M77.43M99.48M121.86M162.49M228.15M273.69M309.33M321.97M341.98M365.22M
Gross Profit12.19M15.93M20.61M33.08M49.74M72.80M94.49M119.25M153.00M174.60M225.03M256.35M302.65M354.48M429.59M
Gross Margin45.17%38.76%36.24%41.80%45.69%48.46%48.71%49.46%48.50%43.35%45.12%45.32%48.45%50.90%54.05%
Operating Expense13.87M23.06M37.73M52.15M74.58M108.51M121.40M151.09M203.72M274.43M303.03M361.11M388.71M396.74M383.95M
Operating Income-1.69M-7.13M-17.12M-19.07M-24.84M-35.72M-26.91M-31.85M-50.72M-99.83M-78.00M-104.76M-86.06M-42.26M45.64M
Operating Margin-6.25%-17.34%-30.11%-24.10%-22.82%-23.78%-13.87%-13.21%-16.08%-24.79%-15.64%-18.52%-13.78%-6.07%5.74%
EBITDA-667.00K-5.43M-14.14M-14.92M-17.71M-23.16M-11.41M-12.24M-26.92M-55.72M-23.20M-37.74M29.02M42.89M129.56M
EBITDA Margin-2.47%-13.20%-24.87%-18.86%-16.27%-15.42%-5.88%-5.08%-8.53%-13.83%-4.65%-6.67%4.65%6.16%16.30%
Net Income-3.03M-8.78M-17.88M-19.63M-25.06M-36.35M-26.16M-35.40M-70.88M-137.62M-112.75M-108.98M-65.38M-38.54M52.01M
Net Income Margin-11.22%-21.36%-31.43%-24.81%-23.02%-24.20%-13.49%-14.68%-22.47%-34.17%-22.61%-19.27%-10.47%-5.53%6.54%
R&D3.43M5.32M9.03M12.09M21.53M32.46M40.34M51.33M76.27M97.38M116.95M130.10M137.33M143.24M154.33M
R&D as % of Total Revenue12.70%12.94%15.88%15.27%19.78%21.61%20.80%21.29%24.18%24.18%23.45%23.00%21.99%20.57%19.42%
Interest Expense83.00K232.00K505.00K557.00K283.00K567.00K124.00K10.16M20.29M28.65M33.07M6.68M5.73M4.94M5.41M
Interest Expense % of Total Revenue0.31%0.56%0.89%0.70%0.26%0.38%0.06%4.21%6.43%7.11%6.63%1.18%0.92%0.71%0.68%

Balance Sheet

Currency: USD2011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets31.73M31.68M61.11M136.81M204.47M200.98M212.81M463.72M1.01B1.42B1.39B1.35B1.20B1.29B1.28B
Total Liabilities42.98M50.66M55.37M57.87M86.49M100.75M106.19M304.82M630.02M773.34M814.75M930.70M752.95M777.00M614.47M
Total Equity-11.25M-18.98M5.74M78.94M117.97M100.23M106.62M158.90M379.41M643.36M570.30M419.02M448.48M517.80M661.81M
Cash15.36M9.11M18.68M67.98M67.05M54.87M57.96M108.34M100.09M407.70M322.85M199.60M229.66M358.56M367.63M
Total Debt3.00M3.54M7.58M575.00K161.00K--182.72M470.00M601.05M621.97M733.34M548.92M542.99M346.82M
Net Debt-12.36M-5.58M-11.10M-67.40M-66.89M-54.87M-57.96M74.38M369.91M193.35M299.13M533.74M319.26M184.43M-20.81M

Cash Flow

Currency: USD2011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow-1.12M-3.01M-1.51M-5.29M5.40M3.39M9.47M4.59M567.00K-2.89M31.09M36.56M70.29M135.75M201.46M
Investing Cash Flow-1.39M-2.61M-11.31M-26.73M-58.42M-16.51M-17.94M-171.29M-483.25M-124.16M-65.13M-165.56M113.27M-21.08M-4.03M
Financing Cash Flow12.97M-637.00K22.38M81.33M52.09M944.00K11.56M216.58M476.09M434.68M-51.16M5.88M-152.01M13.32M-188.97M
Capital Expenditure1.37M2.23M11.26M5.04M7.44M17.36M13.29M13.33M14.32M24.67M25.62M30.05M30.64M6.69M6.81M
Free Cash Flow-2.49M-5.24M-12.77M-10.32M-2.04M-13.97M-3.81M-8.74M-13.76M-27.56M5.47M6.50M39.65M129.06M194.65M
Dividends Paid---005.83M0-266.25M264.44M-----
FCF to OCF222.59%174.08%847.38%195.27%-37.82%-411.61%-40.26%-190.12%-2426.46%953.53%17.60%17.79%56.41%95.07%96.62%
Dividend Paid to FCF---0.00%0.00%-41.76%0.00%--1935.24%-959.60%-----

Earnings

Report DateMay 8, 2014Aug 7, 2014Nov 6, 2014Feb 5, 2015May 7, 2015Aug 6, 2015Nov 5, 2015Feb 10, 2016May 9, 2016Aug 3, 2016Nov 2, 2016Feb 15, 2017May 3, 2017Aug 2, 2017Nov 1, 2017Feb 14, 2018May 2, 2018Aug 7, 2018Nov 6, 2018Feb 19, 2019May 8, 2019Aug 8, 2019Nov 7, 2019Feb 21, 2020May 7, 2020Aug 6, 2020Nov 5, 2020Feb 19, 2021May 6, 2021Aug 5, 2021Nov 4, 2021Feb 16, 2022May 3, 2022Aug 4, 2022Nov 7, 2022Feb 21, 2023May 9, 2023Aug 2, 2023Nov 1, 2023Feb 21, 2024May 1, 2024Jul 31, 2024Nov 6, 2024Feb 19, 2025May 7, 2025Jul 30, 2025Nov 5, 2025Feb 11, 2026Apr 29, 2026Jul 29, 2026Nov 4, 2026
EPS Estimate-0.19-0.15-0.13-0.10-0.13-0.11-0.10-0.10-0.12-0.12-0.09-0.04-0.06-0.06-0.020.01-0.020.010.01-0.01-0.04-0.020.030.10-0.12-0.020.060.050.080.080.030.050.060.050.040.120.070.130.190.250.280.320.350.470.480.530.200.610.690.420.46
EPS Actual-0.17-0.11-0.10-0.10-0.09-0.09-0.10-0.09-0.11-0.11-0.08-0.03-0.03-0.030.030.050.040.010.09-0.27-0.44-0.39-0.39-0.32-0.70-0.76-0.50-0.69-0.46-0.53-0.56-0.45-0.41-0.44-0.48-0.56-0.01-0.41-0.400.200.310.380.440.480.500.520.300.680.630.52-
Surprise10.53%26.67%23.08%0.00%30.77%18.18%0.00%10.00%8.33%8.33%11.11%25.00%50.00%50.00%250.00%400.00%300.00%0.00%800.00%-2600.00%-1000.00%-1850.00%-1400.00%-420.00%-483.33%-3700.00%-933.33%-1480.00%-675.00%-762.50%-1966.67%-1000.00%-783.33%-980.00%-1300.00%-566.67%-112.71%-415.38%-310.53%-20.00%10.71%18.75%25.71%2.76%4.17%-1.89%50.00%11.48%-8.70%23.81%-
TimingAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours---------------After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours

Key Statistics & Ratios

Market Cap3.44B
Enterprise Value3.41B
Trailing P/E39.64
Forward P/E17.95
PEG Ratio8.94
Price / Sales4.06
Price / Book5.39
EPS1.39
Book Value10.32
Revenue (TTM)846.20M
Gross Profit (TTM)482.24M
EBITDA114.33M
Profit Margin10.87%
Operating Margin13.36%
Return on Equity14.98%
Return on Assets4.53%
Shares Outstanding62.35M
Shares Float61.28M
Beta1.33
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Analyst Ratings

Buy
Based on 17 analystsTarget 76.50
  • Strong Buy
    6
  • Buy
    3
  • Hold
    8

Ownership Breakdown

Institutions
108.93%
Insiders
0.76%
Retail / Other
0.00%

Top Institutional Holders

  • BlackRock Inc
    10.04M16.10%
  • Vanguard Portfolio Management, LLC
    4.86M7.79%
  • Vanguard Capital Management, LLC
    2.70M4.33%
  • State Street Corp
    2.50M4.00%
  • Tremblant Capital Group
    1.84M2.95%
  • Millennium Management LLC
    1.81M2.90%
  • Geode Capital Management, LLC
    1.49M2.39%
  • Capital Research Global Investors
    1.48M2.37%
  • Victory Capital Management Inc.
    1.43M2.30%
  • Conestoga Capital Advisors, LLC
    1.39M2.23%
  • Delaware Management Holdings Inc
    1.23M1.97%
  • Two Sigma Investments LLC
    1.20M1.93%
  • American Century Companies Inc
    1.13M1.81%

Top Fund Holders

  • iShares Core S&P Small-Cap ETF
    3.82M6.12%
  • Vanguard MStar Total Stk Mkt Idx Invest
    1.89M3.04%
  • iShares Russell 2000 ETF
    1.62M2.59%
  • Vanguard Information Technology ETF
    1.48M2.38%
  • American Funds SMALLCAP World A
    1.44M2.31%
  • Vanguard Mid Cap Growth Inv
    1.37M2.20%
  • Vanguard Small Cap Index
    1.37M2.20%