Q2 Holdings, Inc.QTWOEarnings & Financial Report
Q2 Holdings, Inc. is a global financial technology firm that develops cloud-based digital banking platforms. It serves regional banks, credit unions, and other financial institutions, enabling them to offer secure online and mobile banking experiences to retail and business customers, with core operations based in North America.
QTWO Q1 FY2026 Key Financial Metrics
Revenue
$216.5M
Gross Profit
$127.9M
Operating Profit
$27.7M
Net Profit
$26.6M
Gross Margin
59.1%
Operating Margin
12.8%
Net Margin
12.3%
YoY Growth
14.1%
EPS
$0.40
Q2 Holdings, Inc. Q1 FY2026 Financial Summary
Q2 Holdings, Inc. reported revenue of $216.5M (up 14.1% YoY) for Q1 FY2026, with a net profit of $26.6M (up 460.5% YoY) (12.3% margin). Cost of goods sold was $88.6M, operating expenses totaled $100.2M.
Key Financial Metrics
| Total Revenue | $216.5M |
|---|---|
| Net Profit | $26.6M |
| Gross Margin | 59.1% |
| Operating Margin | 12.8% |
| Report Period | Q1 FY2026 |
Revenue Breakdown
Q2 Holdings, Inc. Q1 FY2026 revenue of $216.5M breaks down across 3 segments, led by Subscription at $179.9M (83.1% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Subscription | $179.9M | 83.1% |
| Services and Other | $18.8M | 8.7% |
| Transactional | $17.8M | 8.2% |
Q2 Holdings, Inc. Annual Revenue by Year
Q2 Holdings, Inc. annual revenue history includes year-by-year totals (for example, 2025 revenue was $794.8M).
Q2 Holdings, Inc. Quarterly Revenue & Net Profit History
Q2 Holdings, Inc. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q1 FY2026 | $216.5M | +14.1% | $26.6M | 12.3% |
| Q4 FY2025 | $208.2M | +13.8% | $20.4M | 9.8% |
| Q3 FY2025 | $201.7M | +15.2% | $15.0M | 7.5% |
| Q2 FY2025 | $195.1M | +12.9% | $11.8M | 6.0% |
| Q1 FY2025 | $189.7M | +14.6% | $4.8M | 2.5% |
| Q4 FY2024 | $183.0M | +12.9% | $164.0K | 0.1% |
| Q3 FY2024 | $175.0M | +12.9% | $-11.8M | -6.7% |
| Q2 FY2024 | $172.9M | +11.9% | $-13.1M | -7.6% |
Income Statement
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $172.9M | $175.0M | $183.0M | $189.7M | $195.1M | $201.7M | $208.2M | $216.5M |
| YoY Growth | 11.9% | 12.9% | 12.9% | 14.6% | 12.9% | 15.2% | 13.8% | 14.1% |
Balance Sheet
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $1.25B | $1.27B | $1.29B | $1.35B | $1.39B | $1.43B | $1.28B | $1.25B |
| Liabilities | $768.4M | $777.7M | $777.0M | $804.4M | $801.1M | $803.8M | $614.5M | $634.7M |
| Equity | $480.7M | $495.1M | $517.8M | $545.5M | $584.3M | $622.9M | $661.8M | $611.7M |
Cash Flow
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $36.0M | $43.3M | $43.0M | $43.5M | $48.6M | $45.6M | $63.7M | $56.3M |